Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm.
Construction continues at Highpoint on South Main, a 227-unit, 400,000-square-foot apartment community at 650 S. Main St. on Fort Worth’s Near Southside. The historic Coca-Cola building at the site is being preserved and incorporated into the six-story apartment project. Leasing begins in October, when construction is expected to reach completion. Addison-based KWA Construction serves as general contractor for developer Seneca Investment Co.
MITCHELL ASSET GROUP
BUYS WEST 7TH PROPERTIES
Mitchell Asset Group Inc. has purchased two recently renovated office buildings at 201 and 213 Foch St. in Fort Worth’s West Seventh District. Both locations are anchored by Fort Worth-based commercial design firm Seitz Designs Ltd. Led by Dax T.S. Mitchell and Andrew Gi, the purchase represents Mitchell’s fifth area transaction this year. Gary and Nathan Vasseur of Vasseur Commercial and David Walters of CBRE represented the sellers, whose identities were not specified. Andy Rogers and Beth Thurman of Kelly, Hart and Hallman LP represented the buyer. Jason Vinson of Vista Bank provided lending services.
TABC RENEWS, EXPANDS
ARLINGTON OFFICE LEASE
The Texas Alcoholic Beverage Commission has expanded its presence in Arlington Downs Tower, the 87,411-square-foot office building at 2225 E. Randol Mill Road.
Expanding its space to 14,666 square feet, TABC becomes the tower’s largest tenant. The TABC signed a seven-year renewal and expansion, acquiring the remaining 1,290 square feet on the second floor for its Region 2 team, one of five statewide. The Region 2 office serves the Dallas-Fort Worth area as well as Tyler and surrounding areas.
The lease and other pending deals are expected to bring the tower’s total occupancy to more than 90 percent.
The Class B office tower houses 31 tenants.
Erik Blais and Richmond Collinsworth of Bradford Commercial Real Estate Services represented the landlord, J&F Investments GP, in direct talks with TABC and six other lessees, two of which are new to the local market, according to a Bradford Commercial news release. The deals total 22,671 square feet.
New tenants include Main Street Renewal LLC and Patient Care Intervention Center, which leased 3,161 square feet and 613 square feet, respectively.
Rounding out the new lessees are The Parks Group, 1,719 square feet, and Care Review Inc., 903 square feet, both renewals; Well Group Products, 1,018 square feet; and Harish Dand, a certified public accountant, 591 square feet.
MANSFIELD’S MILLENNIUM CENTER
GAINS NEW FITNESS BUSINESS
All Star Ninjas has leased the 7,500-square-foot space previously occupied by Cook Children’s Rehabilitation Services at the Millennium Center, 2000 Matlock Road in Mansfield.
Justin and Jennifer Lackey, owners of Utopia Fitness, leased the space for All Star Ninjas, a new youth fitness concept set to open in January. The fitness enterprise will feature warrior obstacle courses, personal training and boot camps for adults and children.
The now-fully-leased, 28,000-square-foot Millennium Center will be the flagship location for the new youth fitness concept.
Cindy Dao of Coldwell Banker Commercial Advisors DFW represented the California-based landlord, Carriere Holdings, in the direct deal.
DOCTORS BUY OFFICE SITES
IN 3 TARRANT LOCATIONS
Three physicians have purchased space in several new medical office buildings, according to Champions DFW Commercial Realty LLC of Southlake, which represented the physicians in the recent transactions.
Dr. Jerald Goldstein bought almost 6,000 square feet of a medical office pad site on almost three acres at 540 E. Southlake Boulevard in Southlake. Goldstein owns Fertility Specialists of Texas and plans to occupy 3,000 square feet and lease the rest.
Dr. Hamid Kamran bought two pad sites totaling nearly an acre at 2725 and 2735 Matlock Road in Arlington. Kamran plans to construct two medical office buildings. He will occupy one building, totaling about 5,000 square feet, and will lease the second building offering about 4,000 square feet.
Dr. Scott Bedichek purchased nearly a half acre at 3516 Golden Triangle Blvd. in Fort Worth. Bedichek’s periodontics practice will occupy 4,500 square feet, with an additional 1,500 square feet available to be leased upon build-out.
HEALTH CLINC SITE
IN MANSFIELD SOLD
Mansfield Family Clinic, a 3,822-square-foot, net-leased property at 501 E. Broad St. in Mansfield, has been sold to a limited liability company. Terms of the sale were not released.
Geoff Ficke of Marcus & Millichap Real Estate Investment Services’ Dallas office marketed the property on behalf of the seller, a partnership. The buyer, a limited liability company, also was procured by Ficke.
At the time of listing, Texas Health Resources occupied 100 percent of the property and had more than four years remaining on its double-net lease.
Banfield Pet Hospital has leased 3,052 square feet at Trinity Commons, 3000-3100 S. Hulen St. in Fort Worth. Selina Planty of Brixmor Property Group Inc.-Dallas represented the landlord.
MJD Services & Logistics has leased 3,000 square feet at 2424-2432 Blue Smoke Court South in Fort Worth. Carl Brown of SVN Commercial Realty-Trinity Advisors represented the landlord.
Clarus Glassboards has leased 119,359 square feet at 7537-7555 Jack Newell Blvd. North in Fort Worth. Sarah LanCarte and Bill de la Chappel of Transwestern-Fort Worth and George Curry of JLL-Dallas represented the tenant. Jeff Givens of Transwestern-Fort Worth represented the landlord.
Smiley Liftings Solutions LLC has leased 6,500 square feet at 4100 McLean Road in Fort Worth. Sarah LanCarte of Transwestern-Fort Worth represented the landlord.
Concrete Accessories has leased 29,257 square feet at 2905 Avenue E in Arlington. Rik Massengale represented the tenant. Jim Ferris and Michael Spain of Bradford Commercial Real Estate Services-GSW Office represented the landlord.
Abiding Home Health of DFW has leased 1,700 square feet at 1398 W. Mayfield Road in Arlington. Eric English of English Realty-Arlington represented the landlord.
Ninja Ramen and Royal Tea House have leased 3,997 square feet at Bardin Place Center, 4600-4654 S. Cooper St. in Arlington. Selina Planty of Brixmor Property Group Inc.-Dallas represented the landlord.
Children's Dentistry of Arlington has leased 2,725 square feet at Lincoln Square, 1500 N. Collins St. in Arlington. Chris Young of RioCan represented the landlord.
Dove Logistics & Transportation LLC has leased 17,888 square feet at Heritage Business Park, Building 8, 1080 S. Kimball Ave. in Southlake. Tyson Erwin of NAI Robert Lynn represented the tenant. Blake Kendrick, Sarah Ozanne and Ryan Boozer of Stream Realty Partners LP-Dallas represented the landlord.
Fortune Real Property Management Services Inc. has leased 2,025 square feet at Glenview Professional II, 7560 Glenview Drive in Richland Hills. Erik Blais of Bradford Commercial Real Estate Services-Fort Worth represented the landlord.
See Pink Photography has leased 1,650 square feet at 201-221 N. Dooley St. in Grapevine. Jeff Veenker of Veenker Real Estate represented the landlord.
Pro Console Repair LLC has leased 1,607 square feet at Parkwood Village Center, 113-217 E. Harwood Road in Hurst. Jake Burns and Eric Deuillet of Structure Commercial represented the tenant and landlord.
Altaquip has leased 35,000 square feet at 901-941 Avenue N in Grand Prairie. Michael Stanzel and Patrick Embry of NAI Robert Lynn represented the landlord.
Ace World Advantage LLC has leased 3,250 square feet at Post & Paddock Place, Building 5, 1000 Post and Paddock St. in Grand Prairie. Corby Hodgkiss of Mercer Co. represented the landlord.
Taylor Made Baseball has leased 5,940 square feet at Aero Business Park, 2650-2670 Aero Drive in Grand Prairie. William Ziegler of American Synergy Management represented the landlord.
Cains Heating and Air LLC has leased 3,000 square feet at Forum Industrial, 2701-2717 S. Great Southwest Parkway in Grand Prairie. Lorraine Schraeder of Jorco Group represented the landlord.
Send real estate news to firstname.lastname@example.org