Aloft Hotel

Aloft Hotel 

Aloft Hotels, Marriott International’s innovation incubator brand, announced the opening of the Aloft Dallas Euless. The 132-room hotel located at 1301 Chisholm Trail will operate as a Marriott franchise, owned by A&M Hotels and managed by Strand Hospitality of Myrtle Beach, South Carolina. General Manager Curtis Reitz leads the management team at the property for Strand Hospitality.

Located in the center of Glade Parks Town Center, eight miles from Dallas/Fort Worth International Airport, the Aloft Dallas Euless offers guest convenient access to Six Flags Over Texas, AT&T Stadium and Globe Life Field.

The five-story hotel is directly off H-121 for an easy drive to the cities of Dallas and Fort Worth.

For more information on the Aloft Dallas Euless or to make reservations: (817) 571-4211 or visit www.aloftdallaseuless.com

PNC BANK OPENS A WEST 7TH LOCATION

PNC Bank recently opened its first Fort Worth retail banking at 2901 W. 7th St., the second retail location in the Metroplex.

PNC said in a news release that the bank’s new locations have been designed – even down to the furniture – to provide the best possible customer experience. These new locations feature a self-service banking kiosk, state-of-the-art technology and gathering spaces that simulate a kitchen table conversation.

MITSUBISHI ELECTRIC US INC. EXPANDS DALLAS-FORT WORTH OFFICE

The Elevator & Escalator Division of Mitsubishi Electric US Inc., headquartered in Cypress, California, has announced the expansion of its branch office at 196 Freeport Parkway, Suite 140, in Coppell.

Since the opening of the Dallas-Fort Worth office in 2017, Mitsubishi Electric US’s Elevator & Escalator Division has worked with building owners, architects and general contractors in Texas on everything from elevator and escalator design and installation to maintenance, the company said in a news release.

“We’ve come a long way since first opening our doors in Texas a few years ago,” Rod Lynch, southern region director, Mitsubishi Electric Elevator & Escalator Division, said. Our in-house engineering group has been one of the business’ key factors to growth – and customer satisfaction. The office expansion demonstrates our continued commitment to the area and we look forward to continuing our support of the incredible Dallas-Fort Worth-area growth.”

Steady business growth has prompted the need for the branch office to relocate to an expanded facility with additional warehouse space and office space.

What started as a two-person team has increased to a group of sales, engineering and service professionals, the company said.

www.MitsubishiElevator.com

SALES

Marcus & Millichap (NYSE: MMI) has announced the sale of A Plus Boat Club , a 60,856-square foot self-storage facility located in Fort Worth, according to Mark R. McCoy, regional manager of the firm’s Fort Worth office. Brandon Karr, Senior Vice President Investments and Danny Cunningham, Senior Associate in Marcus & Millichap’s Fort Worth office, exclusively marketed the property. The buyer, a self-storage operator out of Denver, was also secured by the Karr Self Storage Team. A Plus Boat Club is located at 8955 Boat Club Road in Fort Worth. Built in 1990, the property is comprised of 209 non-climate drive up units ranging in size from 200 to 352-square feet. Additionally, the facility features garage-style roll up doors, 24-hour video surveillance cameras, personalized key-pad gated entry, and perimeter fencing and lighting.

SL4 DFW Industrial LP has sold a 38,500-sf warehouse on 1.89 acres at 1900 Lone Star Drive, Dallas, to First American Exchange Co. LLC., a California-based 1031 exchange buyer, in an off-market deal. The property had been listed for lease only. Brock Wilson, senior vice president and managing partner of Bradford Commercial Real Estate Services, and Joe Santaularia, first vice president, represented the seller. Drew Feagin of Stream Realty Partners represented the buyer.

STRIVE has announced the sale of Cooper Oaks Shopping Center in Arlington. The 100-percent-occupied, 17,836-square-foot retail strip is shadow anchored by a Kroger. Located at the intersection of Green Oaks Boulevard and Cooper Street just over mile south of the Parks Mall, the asset is situated within a high-density area of Arlington. Sam House of STRIVE exclusively represented the seller, a California investor, while STRIVE’s Will Merritt secured the buyer, a repeat client from the Dallas-Fort Worth area. Additional terms of the sale were not disclosed.

Matt Wiley of Stream Realty Partners represented the seller in the sale of 50.8 gross acres along FM 156, south of SH-114, in far north Fort Worth. No other details were disclosed.

LEASES

Surface Preparation – Texas LLC has leased 19,200 square feet of flex industrial space in Trinity West Business Park Building B, 2450 114th St., Grand Prairie, from William J. Owen Trust and OMO Investment Co. Jim Ferris, vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord. Colton Rhodes and Mark Graybill of Lee & Associates DFW represented the tenant.

BCFS Health & Human Services has leased 6,290 square feet of office space in Tower 360, 1901 N. Texas Highway 360, Grand Prairie, from CC-1 North Hwy. 360 LP. Jared Laake, market director of Bradford Commercial Real Estate Services, Erik Blais, vice president and Richmond Collinsworth, first vice president, represented the landlord in the direct deal.

EcoPro LLC has leased 5,160 square feet of flex industrial space in Trinity West Business Park Building A, 2550 114th St., Grand Prairie, from William J. Owen Trust and OMO Investment Co. Jim Ferris, vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord in the direct deal.

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