Monday, February 22, 2010

Commercial real estate transactions

Sales

Vanilla Brown Inc. bought the 9911 Lake June Shopping Center from a California investor. The new owner will use the vacant space in the center as offices for its nursing service. Gaines Real Estate Co. arranged the sale with Liberty Real Estate Co.

Signature Home Furnishing purchased a 23,000-square-foot warehouse at 3939 Forest Lane in Garland. Adam Strittmatter and Greg Nelson of Lee & Associates brokered the sale with Doug Molny of Jim Lake Cos.



Leases

Insight Merchandising leased 70,000 square feet of industrial space at 1000 S. Nolen Dr. in Grand Prairie. Donnie Rohde and Ken Wesson of Lee & Associates arranged the lease with Bradford Cos.

Harte-Hanks Direct Marketing leased 21,450 square feet of industrial space at 2005 Great Southwest Parkway in Grand Prairie from Prologis IV Inc. Travis Sapaugh of CB Richard Ellis negotiated the lease.

RP Foods Partners LP leased 13,500 square feet of space at 1225 Capital Drive in Carrollton. Ryan Boozer of the Mercer Co. negotiated the lease with Transwestern.

Arrow Electronics Inc.leased 8,340 square feet of office space at 1820 Preston Park Boulevard in Plano from Alexander & Baldwin Inc. Dennis Barnes and Rick Rensi of CB Richard Ellis negotiated the lease with John Roper of CB Richard Ellis.

Town Square Financial expanded its headquarters lease to 6,393 square feet at 2601 Network Blvd. in the Hall Office Park in Frisco. Jean C. Farris of Hall Financial Group negotiated the lease.

OPC Nail Supplies leased 6,285 square feet of retail space at 3030 N. Josey Lane in Carrollton. Eric Deuillet of Structure Commercial negotiated the transaction.

Banowsky & Levine PC leased 5,109 square feet of space in North Central Plaza III at 12801 N. Central Expressway in Dallas from Younan Properties Inc. Melanie Hughes and Sharon Friedberg of Bradford Commercial Real Estate Services negotiated the lease with Trace Elrod of Jackson & Cooksey Inc.

Dallas Morning News

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