Monday, February 22, 2010

Commercial real estate transactions


Shelbo Development bought a 42,000-square-foot industrial building on 10 acres at 2950 W. Miller Road in Garland. Dan Spika of Henry S. Miller Brokerage negotiated the sale with Larry Leon of CB Richard Ellis.

Quorum Equities sold about three-quarters of an acre at 2727 Fort Worth Ave. in Dallas to a California investor. The property is leased to Comerica Bank. Brandon Beeson, Will Walters and Stephanie Mower of Cushman & Wakefield of Texas arranged the sale with Henry Casden.

KPM Ventures purchased the former Two Rows Restaurant at the southeast corner of State Highway 190 and North Garland Avenue in Garland. The 6,100-square-foot building is on 1.6 acres. Don Miller and Kelly Hampton of Venture Commercial Real Estate negotiated the transaction.

A local limited partnership bought a 3,777-square-foot office building at 4343 N. Central Expressway in Dallas. Laguarda Low Architects, which is next door, will use the property to expand. Greg McDonald and Eddie Liebman of the Weitzman Group handled negotiations.

A private investor purchased the 4,921-square-foot Christian Brothers Automotive building at 1804 N.E. Green Oaks Blvd. in Grand Prairie. Philip Levy, Jason Vitorino and Tommy Tucker of Marcus & Millichap Real Estate Investment Services handled the sale.


Invacare Corp., a medical equipment supplier, expanded its distribution center to 87,508 square feet at 1825 Westpark Drive in Grand Prairie. Kevin J. Santaularia and Michael W. Spain of Bradford Commercial Real Estate Services negotiated the lease with Canon Shoults of Holt Lunsford Commercial Inc.

Hilton Worldwide leased 52,000 square feet of space in the Colonnade III office building at 15303 Dallas Parkway in Addison. The office will be used as Hilton Worldwide's commercial services center. Paul Whitman and Chelby Sanders of Jones Lang LaSalle negotiated the lease with J.J. Leonard, Jay Bailey and Susannah Wallace of CB Richard Ells.

PFC Furniture Industries Inc. leased 30,788 square feet of industrial space at 400 Industrial Drive in Richardson. Joe Whitmer of Transwestern negotiated the lease.

Rochelle McCullough LLP leased 11,381 square feet of office space at Republic Center at 325 N St. Paul St. in Dallas. Daniel Rudd and Billy Vahrenkamp of Grubb & Ellis Co. negotiated the lease with Cris Jordan of Transwestern.

The Wire Connection leased 9,600 square feet of commercial space at 400 Union Bower Court in Irving. Ryan Boozer of Mercer Co. negotiated the lease with Colliers International.

Mattison Avenue Salon Suites & Spa leased 8,250 square feet of retail space in the Watters Creek Shopping Center at U.S. Highway 75 and Bethany Drive in Allen. Matt Wilson and Chad Bradshaw of the Retail Connection negotiated the lease with Ed Coury of Trademark Property.

All American Smile Center, a dental practice, leased 8,170 square feet of space in Promenade North, a retail project at 800 N. Coit Road in Richardson. Perren Gasc of the Weitzman Group handled negotiations.

Glow Networks leased 8,121 square feet of office space at 2140 Lake Park Blvd. from Lennox International. Cribb Altman and Lee Wagner of Grubb & Ellis handled the transaction.

Carl's Jr. has signed a long-term lease with Jon Keller for the former Cactus Jack's restaurant site at 4341 Lemmon Ave. in Dallas. Kelly Hampton and Clay Mote of Venture Commercial negotiated the lease with Hunter McGuire of John Bowles Co.

Dallas Morning News


  1. You just have to be sure that you deal only with legit and licensed agency before you make any transaction with the agent

  2. real estate transactions involves..
    1. Purchase and sale
    2. Commercial leases
    3. Real estate development
    4. Construction contracts

  3. Great post. I hope you can write more good stuff like this article.

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