Join The Discussion

 

Dallas construction firm to oversee Fort Worth projects

A Dallas construction firm has been awarded the Hemphill Street Connector and Village Creek peak flow storage projects in Fort Worth.

read more >

UT Arlington Army ROTC officer named nation's top military science professor

The U.S. Army Cadet Command has named Lt. Col. Lora A. Rimmer, Commander of the Army ROTC “Maverick Battalion” at University of Texas at Arlington, the nation’s Professor of Military Science of the Year.

read more >

Fort Worth Hilton owners acquire Ashton Hotel

The Ashton Hotel, a historic boutique hotel in downtown Fort Worth, has been sold to a new owner.

read more >

San Antonio joins Fort Worth, other cities in AT&T faster Internet rollout

SAN ANTONIO (AP) — AT&T has announced it will bring faster internet service to the San Antonio area.

read more >

Texas Health Resources names Berdan next CEO

Barclay E. Berdan, chief operating officer for Texas Health Resources, has been named the new CEO of the health system effective Sept. 1.

read more >

 

Texas Health Care expands Magnolia lease

Lincoln Harris CSG has negotiated a renewal and expansion of Magnolia Medical Tower’s lease on behalf of Texas Health Care PLLC.
The expansion spans 3,015 square feet at the 1307 Eighth Ave. property in Fort Worth and brings the total transaction to 10,343 leased square feet.

“The recent renovation of Magnolia Medical Tower makes it a premier space in the health care real-estate market,” said Banks Newton, transaction manager with Lincoln Harris CSG, commenting in a news release.
“We are pleased that the property has continued to meet the needs of Texas Health Care,” Newton said.

Representing Velocis, a private equity real-estate fund that owns the building, in the transaction was Newton. Velocis recently completed $1.5 million in renovations at the property to improve the quality of the asset for current and future tenants. Steve Relyea of The Relyea Co. negotiated on behalf of the tenant, Texas Health Care, a specialty physician group practice owned and governed by physicians, for physicians.

Among the six-story building’s renovations are new corridor finishes, renovated lobby areas and reconstructed restrooms. The building’s entries and exits now feature upgraded doors for what planners call a more cohesive look and to ensure Americans with Disabilities Act compliance. Also upgraded are the tower’s mechanical and fire alarm systems.

Most of the building was repainted, and new signage was installed. Also part of the renovation is a new canopy over the walkway bridge leading from the parking garage roof to the office building.

Formerly known as Medical Arts Building, the tower is adjacent to Baylor All Saints Medical Center. The renewal and expansion bring the building to 75-percent occupancy.

— A. Lee Graham
 

< back

Email   email
hide
Training Camp
Training camp is starting this week. How will the Dallas Cowboys do this season?