By | January 27, 2019

Bradford Commercial Real Estate

Play Video

Play

Loaded: 0%

Progress: 0%

Remaining Time -0:00

This is a modal window.

Foreground — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Opaque

Background — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Window — White Black Red Green Blue Yellow Magenta Cyan — Opaque Semi-Transparent Transparent

Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400%

Text Edge Style None Raised Depressed Uniform Dropshadow

Font Family Default Monospace Serif Proportional Serif Monospace Sans-Serif Proportional Sans-Serif Casual Script Small Caps

Defaults Done

Sales

International Association of Venue Managers Inc. has sold a 37,069-square-foot, 2-story office building on 4.4 acres at 635 Fritz Dr. in Coppell to investor Tanam LLC. Erik Blais and Richmond Collinsworth of Bradford Commercial Real Estate Services brokered the sale with Ben Appleby of Paladin Partners.

A family trust has purchased the Victory Shops at Riverside II shopping center at 6451 Riverside Drive in Irving. Built in 2017, the retail property was 100-percent occupied at time of sale. Strive Real Estate brokered the transaction.

Dallas-based Westmount Realty Capital has sold the Westmount at the Colonnade apartment community located at 2815 Osler Drive in Grand Prairie. Westmount acquired the property in 2015 and did a $1.4 million renovation. Constructed in 2001, Westmount at the Colonnade has 192 rental units on an 11.19-acre site.

An investor has purchased a 27,815-square-foot tract of development land located at 408 Singleton Boulevard near West Dallas’ Trinity Groves development. David Zoller, Derek Schuster and Kevin Butkus with Weitzman handled negotiations.

An institutional investor has purchased the Merryhill School, a 22,994-square foot commercial property located at 711 W Arbrook Blvd in Arlington. The building is leased for another five years to the private school. Chris Gainey and Philip Levy with Marcus & Millichap brokered the sale.

The Albertsons supermarket located at 6220 State Highway 287 in Arlington has sold to an investor. JLL’s Matthew Berres and Caroline Binning brokered the sale of the 63,124-square-foot retail building on 6.5 acres.

A Texas investor has purchased Woodbridge Centre, a 30,000-square-foot retail center at 2606 West FM 544 in Wylie. Built in 2013 the strip center is adjacent to a Kroger Marketplace supermarket. Strive Real Estate brokered the all-cash sale.

Leases

Ace World Advantage LLC has expanded its industrial lease to 7,325 square feet at 1000 Post & Paddock Ln in Grand Prairie. Corby Hodgkiss at Mercer Co. negotiated the lease.

Hanover Services Group leased 4,874 square feet of office space in Knox Park Village located at 3001 Knox Street in Dallas. Curt Linn and Walker Lafitte of Avison Young
negotiated the lease with Tommy Nelson and Alexandra Cullins of CBRE.

Total Restoration Ministries leased 4,725 square feet of commercial space at 500 – 900 North Coit Road in Richardson for five years. John Morgan of Hartman Income REIT negotiated the lease.

First Industrial LP has leased 3,098 square feet of office space in Toll Hill Office Park W., 5310 Harvest Hill Rd., in Dallas. Richmond Collinsworth of Bradford Commercial Real Estate Services negotiated the lease with Jeremy Duggins and Addie Ludwig of Cawley Management LLC.

Real estate editor Steve Brown compiles this list.

Source Article