Traded: Texas

LOAN Learn More: https://lnkd.in/gEbvVYSe IMAGE: Suraj Desai DATE: 09/30/2024 MARKET: Texas ASSET TYPE: SFR ~ SF: 15,201 CAPITAL MARKETS ADVISOR: Suraj Desai - Black Bear Capital Partners LOAN AMOUNT: $7,750,710 LOAN TYPE: Construction Loan LOAN TERMS: 18-month fixed-rate loan, with full-term interest-only payments at 80% LTC. #Texas #RealEstate #Dallas #SingleFamily #SurajDesai #BlackBearCapitalPartners #TradedPartner #TradedNY #TradedNewYork #TradedLA #TradedLosAngeles #TradedTexas #TradedChicago #TradedNewJersey #TradedNJ

SALE Learn More: https://lnkd.in/gzg53_d9 IMAGE: Stuart & Justin Lichter DATE: 10/08/2024 ADDRESS: 1300 East Berry Street MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 364,667 ~ ACRES: 10.4 BUYER: Stuart & Justin Lichter - Industrial Realty Group, LLC (IRG) NOTE: Industrial Realty Group (IRG) has acquired a 364,667-square-foot manufacturing and distribution facility in the Dallas-Fort Worth market, enhancing its portfolio with a site featuring heavy power and semi-truck dock access. The 10.4-acre property, previously owned by S&B Technical Products, will undergo significant renovations to improve its layout and accommodate multiple tenants, as IRG has already received inquiries from potential tenants. #Texas #RealEstate #TradedTexas #FortWorth #Industrial #StuartLichter #JustinLichter #IndustrialRealtyGroup

SALE Learn More: https://lnkd.in/ggYZ9CBG IMAGE: Renee Ramsey DATE: 10/08/2024 ADDRESS: 1200 West Main Street MARKET: Frisco ASSET TYPE: Senior Housing ~ SF: 45,000 ~ UNITS: 80 ~ ACRES: 6 BUYER: Reneé Ramsey - Mustang Creek Enterprises NOTE: Mustang Creek Enterprises has finalized the purchase of Mustang Creek Estates of Frisco, a 45,000-square-foot assisted living and memory care community in Frisco, Texas, operated since 2014. This acquisition, made in partnership with Clermont Avenue VI and financed through Community National Bank, consolidates ownership of all Mustang Creek facilities, allowing the company to enhance its services for seniors as it approaches its 25th anniversary. #Texas #RealEstate #TradedTexas #Frisco #SeniorHousing #ReneeRamsey #MustangCreekEnterprises

LEASE Learn More: https://lnkd.in/gUVi_Atb IMAGE: Brad Fricks, Matthew Seliger & Peyton Poynter DATE: 08/09/2024 ADDRESS: 10370 Richmond Avenue MARKET: Houston ASSET TYPE: Office ~ SF: 16,988 LANDLORD: Franklin Street Properties Corp. TENANT: Drilling Tools International LANDLORD'S REP: Brad Fricks & Matthew Seliger - Stream Realty Partners⁠ TENANT'S REP: Peyton Poynter - Park Realty LEASE TYPE: NNN Lease NOTE FROM BROKER: Drilling Tools International, a leading provider of downhole tools to land and offshore drilling markets, has leased 16,988 square feet in The Towers at Westchase in Houston, Texas, for their future headquarters. Peyton Poynter represented the Tenant, Drilling Tools International (NASDAQ: DTI) and Brad Fricks and Matthew Seliger represented the Landlord, Franklin Street Properties, in the transaction #Texas #RealEstate #TradedTexas #TradedPartner #Houston #Office #BradFricks #MatthewSeliger #StreamRealtyPartners⁠ #PeytonPoynter #ParkRealty #DrillingToolsInternational #FranklinStreetProperties

LEASE Learn More: https://lnkd.in/gsAVUT6U IMAGE: craig cavileer & Sundar Pichai DATE: 10/07/2024 ADDRESS: 9449 Silver Creek Road MARKET: Fort Worth ASSET TYPE: Industrial ~ SF: 1,100,000 LANDLORD: Craig Cavileer - Majestic Realty Co. TENANT: Sundar Pichai - Google NOTE: Google LLC has signed a lease for a 1.1-million-square-foot warehouse in west Fort Worth's Majestic Silver Creek Business Park as part of its $1 billion investment in Texas to expand cloud and data center infrastructure. This lease follows another for over 1 million square feet at Northlake 35 Logistics Park and represents one of the largest leases signed in Texas this year, highlighting the Dallas-Fort Worth area's status as a data center hub. #Texas #RealEstate #TradedTexas #FortWorth #Industrial #SundarPichai #Google #CraigCavileer #MajesticRealty

LEASE Learn More: https://lnkd.in/gFzHum7X IMAGE: Alex Bryant, Jake Neal & Matt Carthey DATE: 10/07/2024 ADDRESS: 1600 West 7th Street MARKET: Fort Worth ASSET TYPE: Office ~ SF: 16,608 LANDLORD: First Cash Inc TENANT: Shield Engineering Group TENANT'S REP: Alex Bryant - Street Realty BROKERS: Jake Neal & Matt Carthey - Holt Lunsford Commercial NOTE: Shield Engineering Group has renewed and expanded its office lease for 16,608 square feet at First Cash Plaza in Fort Worth, a nine-story building near downtown. Alex Bryant of Street Realty Partners represented the tenant, while Jake Neal and Matt Carthey of Holt Lunsford Commercial represented the landlord, First Cash Inc. #Texas #RealEstate #TradedTexas #FortWorth #Office #ShieldEngineeringGroup #FirstCashInc #AlexBryant #StreetRealtyPartners #JakeNeal #MattCarthey #HoltLunsfordCommercial

SALE Learn More: https://lnkd.in/gDX-ABkM IMAGE: Jason Dillee & Nathan Wynne DATE: 10/08/2024 ADDRESS: 5610 Bingle Road MARKET: Houston ASSET TYPE: Industrial ~ SF: 238,200 BUYER: BZO Wheels Houston SELLER: Urban Logistics Realty & Formation Interests BROKERS: Jason Dillee & Nathan Wynne - CBRE LENDER: American First National Bank NOTE: Urban Logistics Realty and Formation Interests sold Urban District 290, a 238,200-square-foot industrial property in Houston, to BZO Wheels Houston for $40 million, financed by American First National Bank. The two-building project, completed in 2023, features a side-load facility and a cross-dock building, totaling 45 dock-high doors and strategic access to major routes and transportation hubs. #Texas #RealEstate #TradedTexas #Houston #Industrial #NathanWynne #CBRE #JasonDillee #UrbanLogisticsRealty #FormationInterests

SALE Learn More: https://lnkd.in/gcfFzJHN IMAGE: Shane Benner, Cole Collins & Jacob Petrie DATE: 10/07/2024 ADDRESS: 7676 East Fm 917 & 377 Savage Lane MARKET: Alvarado & Aledo ASSET TYPE: Industrial ~ SF: 52,750 BUYER: Blue Mound Business Park LLC & 4T4 Pack LLC SELLER: 7710 FM Rd 917 LLC & BAFA LLC BUYER'S REP: Shane Benner - Bradford Commercial Real Estate Services SELLER'S REP: Cole Collins - Marcus & Millichap; Jake Petrie - LanCarte Commercial Real Estate, LLC NOTE: Bradford Commercial Real Estate Services closed two light-industrial acquisitions in Johnson and Parker counties, spurred by a recent interest rate cut. Shane Benner represented Blue Mound Business Park LLC in the 33,750-square-foot Alvarado deal, while Jake Petrie of LanCarte Commercial represented the seller. In Aledo, Benner’s client 4T4 Pack LLC acquired a 19,000-square-foot office/warehouse, with Cole Collins of Marcus & Millichap representing the seller. #Texas #RealEstate #TradedTexas #Alvarado #Aledo #Industrial #ColeCollins #MarcusandMillichap #JakePetrie #LanCarteCommercialRealEstate #ShaneBenner #BradfordCommercialRealEstateServices #7710FMRd917LLC #BAFALLC #BlueMoundBusinessParkLLC #4T4PackLLC

SALE Learn More: https://lnkd.in/gK9agyCh IMAGE: William Hancock, Bard Hoover, Nick Fluellen, CCIM, Sam Pettigrew & Wesley Racht DATE: 10/07/2024 ADDRESS: 1200 West Sublett Road MARKET: Arlington ASSET TYPE: Multifamily ~ UNITS: 248 ~ ACRES: 16 BUYER: Will Hancock - Brazos Residential BROKERS: Bard Hoover, Nick Fluellen, Sam Pettigrew & Wesley Racht - Marcus & Millichap NOTE: Marcus & Millichap has announced the sale of Rush Creek, a 248-unit affordable housing complex in Arlington, Texas, facilitated by a loan assumption and approval from the Texas Department of Housing and Community Affairs. The buyer, Brazos Residential, plans to enhance the property while maintaining its affordability and fostering a vibrant community, with amenities including a pool, business center, and children's classroom. #Texas #RealEstate #TradedTexas #Arlington #Multifamily #BardHoover #NickFluellen #SamPettigrew #WesleyRacht #MarcusandMillichap #WillHancock #BrazosResidential

SALE Learn More: https://lnkd.in/gGp4at2G IMAGE: Forrest Cook & Michael Ytem DATE: 06/30/2024 ADDRESS: 2525 Handley Ederville Road MARKET: Richland Hills ASSET TYPE: Industrial BUYER: G-Catch SELLER: Bridge Cap Partners BUYER'S REP: Forrest Cook - Stream Realty Partners SELLER'S REP: Michael Ytem - Younger Partners NOTE FROM BROKER: Younger Partners Senior Vice President Michael Ytem successfully negotiated the sale of a four-acre parcel zoned business park in the active East Fort Worth submarket. Ytem represented the seller, Bridge Cap Partners, in the 2525 Handley Ederville Rd. transaction. Forrest Cook, a Senior Vice President at Stream Realty Partners, represented the buyer, G-Catch. The site near Interstate 820 and State Highway 121 once held the 150,000-square-foot Advanced Foam Recycling, which was destroyed in a fire in 2021. Following that event, the structure was razed, and the pad scraped, with the seller acquiring it in 2022 as an opportunistic play. “The location drove interest in the site. It’s at the very edge of where the East Fort Worth submarket ends and the Mid-Cities begins,” Ytem added. “With major thoroughfare access, it’s ideal for servicing both Fort Worth and Dallas.” The property sold within three months of its listing date. “The buyer was highly motivated to close on this deal,” Ytem said. Cook said that the new owner is an established player in the DFW market, with plans to build flex and retail buildings on the acreage. “East Fort Worth continues to be a highly sought-after industrial market due to high barriers to entry coupled with excellent labor and connectivity with the Dallas-Fort Worth Metroplex,” he added. #Texas #RealEstate #TradedTexas #TradedPartner #RichlandHills #Industrial #MichaelYtem #YoungerPartners #ForrestCook #StreamRealtyPartners #BridgeCapPartners #GCatch