Real Deals: Ridgmar Village new tenantMay 28, 2014
The Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., a commercial real estate research firm.
Ridgmar Village Shopping Center gains Texas-sized tenant
The state of Texas has leased 25,743 square feet at Ridgmar Village Shopping Center, a 91,795-square-foot retail and office complex adjacent to Ridgmar Mall in west Fort Worth.
The lease is for a minimum of 10 years. About half the space will be occupied by the Department of Health and Human Services and the balance by the Department of Family and Protective Services.
Representing the state in the transaction was Sean Sunby of CBRE-Dallas. Clint Montgomery of Sperry Van Ness-Visions Commercial represented Ridgmar Village Shopping Center.
GREENBRIER COMPANIES INC.
OPENS COLLEYVILLE HUB
The Greenbrier Companies Inc. has leased 6,000 square feet of office space in Colleyville, creating a regional hub for the Oregon-based company.
“Our Dallas-Fort Worth hub positions Greenbrier at the center of the burgeoning energy markets that we expect will be a major driver of our business for years to come,” said chairman and CEO William A. Furman in a news release.
The company supplies transportation equipment and services to the railroad industry. Its Colleyville site is at 99 Main St., Suite 200.
In June, eight employees focused on product development, engineering and retrofit design work for tank cars will work from the center. In the coming year, Greenbrier plans to hire additional employees based at Colleyville in engineering or commercial positions.
“Our Colleyville staff has product development expertise and strength in engineering,” Furman said.
The company employs almost 500 people in Texas, Louisiana, Alabama and Florida. The Colleyville location pushes the company’s full-time Dallas-Fort Worth workforce to more than 230 employees, including those at Greenbrier Leasing Co. in Fort Worth and Greenbrier Repair Services in Cleburne. More information is available at www.gbrx.com.
AMBERWOOD APARTMENTS SOLD
Amberwood Apartments at 800 Hamsted St. in Fort Worth has been sold. The buyer’s identity was not disclosed.
Representing the seller, a private investor, in the all-cash transaction were Mark Allen and John Barker of Marcus & Millichap. Mason Green, also of Marcus & Millichap, secured the buyer.
BEALLS OPENS IN GRAPEVINE
Bealls has opened a 25,000-square-foot location at Grapevine Town Center at Texas 114 and William D. Tate Avenue in Grapevine. Arranging Bealls’ lease was The Weitzman Group, with Cencor Realty Services managing the property.
The Salvation Army has purchased 13,000 square feet at 1303 E. Abram St. in Arlington, according to Xceligent Inc. The seller, 1305 East Abram LLC, was represented in the $900,000 transaction by Sam Beys of Preston Commercial Group.
TFG Burleson LP has purchased 7.4 acres on the northwest corner of FM 1187 and Interstate 35W in Fort Worth, according to Xceligent Inc. Representing the seller, Texas BDRC Return LLC, in the $2.4 million transaction was Lester Day of Transwestern-Fort Worth.
Airtex Air Co. has purchased 11,200 acres at Fairway Plaza, 7105 Golf Club Drive in Fort Worth, according to Xceligent Inc. The purchase price was not disclosed. Representing the buyer in the transaction was Scott Lowe of Vision Commercial Real Estate. Larry Jordan and Sarah Everett of Transwestern-Dallas and Fort Worth represented the seller, Big Dog Investments.
AT&T has leased 4,041 square feet at Mansfield Town Center East, 1971 N. Highway 287 in Mansfield, according to Xceligent Inc. Representing the landlord, Mansfield Kds II, in the transaction were Bryan Dyer and Jacob Cox of Woodmont Co.-Fort Worth.
Eden PediSpa has leased 1,994 square feet at Seville Commons, 2101-2151 N. Collins St. in Arlington, according to Xceligent Inc. The landlord, Rfi Seville LLC, was represented by Grant Gary and Karen Mitchell of Woodmont Co.-Fort Worth.
MetroPCS has leased 1,245 square feet at Matlock Green Holdings, 8021 Matlock Road in Arlington, according to Xceligent Inc. Troy Morgan of Structure Commercial represented the tenant and landlord in the transaction.
MosquitoNix has leased 2,346 square feet at 2231-2249 E. Division St. in Arlington, according to Xceligent Inc. Representing the landlord, Realty Associates Fund VII LP, in the transaction were Dan Lawson and Chris Bly of Proterra Properties Inc.
RSG Aviation Inc. has leased 9,000 square feet at 6009 Midway Road in Haltom City, according to Xceligent Inc. Representing the tenant in the transaction was Alan Thomas of Swearingen Realty Group. Todd Hawpe and Sarah Everett of Transwestern-Fort Worth represented the landlord, 6009 Midway General Partnership.
PODS Enterprises Inc. has leased 21,404 square feet at 7500-7524 Jack Newell Blvd. S. in Fort Worth, according to Xceligent Inc. Representing the tenant in the transaction was DTZ Americas Inc. Jeff Givens of Transwestern-Fort Worth represented the landlord, Riverbend Industrial Partners LP.
Grubbs Infiniti Ltd. has leased 6,400 square feet at 3501 Texas 157 in Euless, according to Xceligent Inc. Representing the tenant in the transaction was Bill Bledsoe of Henry S. Miller. Erik Blais of Bradford Commercial represented the tenant and the landlord.
Argenta Field Solutions has leased 1,026 square feet at The Landmark, 2201 N. Collins St. in Arlington, according to Xceligent Inc. Erik Blais of Bradford Commercial represented the tenant and the landlord, Collin St. Properties.
License Child Advocacy Group has leased 4,182 square feet at 6409 W. Poly Webb Road in Arlington, according to Xceligent Inc. Representing the tenant in the transaction was Troy Morgan of Structure Commercial. Representing the landlord were Jordan Foster, Phil Young, Austin Goode and James Maibach of Peyco Southwest Realty.