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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Real Deals: 'Louie, Louie, oh no, sayin' we gotta go now...'

Bar Louie II for Tarrant County. 

Tarrant County can now sing “Louie, Louie” with the addition of the second Bar Louie location, opening in south Arlington on Oct. 22.
The Addison-based chain already has a location on West Seventh Street in Fort Worth and will open the doors on a location near Chuy’s Mexican Restaurant in the Arlington Highlands shopping center.
To celebrate its grand opening, Bar Louie will have several specials including offering guests their first appetizer or flatbread free.
“What we’re doing is unheard of. I couldn’t think of a better way to open,” said Andrew Steiner, Bar Louie general manager. “Guests are going to be blown away with not only the menu selections, but with the quality of the scratch kitchen food and handcrafted drinks.”
Located at 4001 Bagpiper Way, the 7,482-square-foot space includes a large patio with wrap-around bar, fire pit and soft seating area. Bar Louie is an eclectic urban bar and eatery featuring handcrafted signature martinis. The bar also has a selection of 20 beers on tap and 22 wines by the glass.

Grapevine apartments
Marcus & Millichap Real Estate Investment Services has arranged the sale of The Courtyards at Mustang, a 228-unit apartment property in Grapevine, according to Bill G. Jordan, regional manager of the firm’s Fort Worth office. John Barker, an investment specialist in Marcus & Millichap’s Fort Worth office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, also a partnership, was secured and represented by Barker as well.
The Courtyards at Mustang is located at 2913 Mustang Drive, just off Texas 26 in Grapevine. The apartments were built in 1973 and have a total of 164,380 rentable square feet situated on about 7.5 acres. New roofs were completed in 2012.
Onsite amenities include two large swimming pools, four on-site laundry facilities, clubhouse, landscaped courtyard, a basketball court and a baseball/soccer playing field.
Barker received multiple competitive offers on this property, which was marketed for less than 30 days. The transaction was completed within 45 days.

Leases etc. …
The Law Office of Wes Dauphinot PC has recently purchased the former Studio Works Photography building at 900 W. Abram St. in Arlington. The 3,000-square-foot building will be remodeled prior to opening as a law firm. Studio Works Photography will continue to operate from an off-site location. David Keal with Aubrey Keal Commercial Real Estate LLC represented the seller. Tony Dauphinot with Tony Dauphinot Real Estate Services represented the purchaser. … The Rios Group signed a 20,000-square-foot industrial lease with Riverbend Business Park at 7400 Sand St. in Fort Worth. Donnie Rohde and George Jennings of Holt Lunsford Commercial negotiated the lease on behalf of Riverbend Properties. … 1 Priority signed a 6,000-square-foot industrial lease with Riverbend Business Park at 2410 Gravel Drive in Fort Worth. Donnie Rohde and George Jennings of Holt Lunsford Commercial negotiated the lease on behalf of Riverbend Properties. … SSI Products leased 19,200 square feet of industrial space from Melvin Evans Warehouses at 598 N. Beach St. in Fort Worth. Donnie Rohde and George Jennings of Holt Lunsford Commercial negotiated the lease with Mike and Chris Parish of Melvin Evans Warehouses. … Mundo Tile has purchased a 21,000-square-foot building at 5206 Airport Freeway in Haltom City. Donnie Rohde and George Jennings negotiated the sale with Matt Smith of Lee & Associates. … Southwest Architects Inc. has leased 1,200 square feet of space at Green Oaks Square at 2921 Lackland Road, Suite 101A. Dick Myers of Coldwell Banker Commercial Searcy Vasseur Group represented the landlord. … Cendera Funding Inc. has leased 1,650 square feet of space at 119 Ranch House Road in Aledo. This office will serve western Tarrant and Parker counties. The landlord is Geoffrey Williams. The landlord was represented by Dick Myers of Coldwell Banker Commercial Searcy Vasseur Group. … Lee & Associates has completed a 10,000-square-foot industrial lease at 1808 E. Division St. in Arlington. Mark Graybill represented the landlord, Stadium Division Properties. Jim Kelly of Champions DFW Commercial Realty represented the tenant, ATC Freightliner.

Send real estate news to rfrancis@bizpress.net
 

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