Sales
An investor has purchased the Towne North shopping center on North Belt Line Road in Irving for $17 million. Towne North is an 84% leased, 124,289 square foot shopping center anchored by an El Rancho Supermarket. David Disney and Adam Crockett of Disney Investment Group brokered the sale.
New York-based MacArthur Place Apartments LP has purchased the MacArthur Place Apartments, a 548-unit multifamily property located at 2414 North MacArthur Boulevard in Irving. NorthMarq's Taylor Snoddy, Philip Wiegand and James Roberts brokered the sale.
An investor has purchased the 10,500-square foot American Industrial Warehouse at 1462 Freedom Way in Cedar Hill. Adam Abushagur and Sam Martin with Marcus & Millichap brokered the sale.
Leases
SoftLayer Technologies Inc. has leased 105,198 square feet of office space in the Plano Parkway/190 Business Center at 1700 Summit in Plano. Ryan Wolcott and Matt Dornak with Stream Realty Partners negotiated the lease with Brad Mason with Newmark Knight Frank.
Europa Sports Products leased 64,050 square feet of industrial space at Eastpoint IV at 1851 Big Town Blvd. in Mesquite. Ryan Wolcott and Matt Dornak with Stream Realty Partners negotiated the lease with Michael Hagger and Forshey Hoobler with JLL.
Alderson Electrical Sales signed a 34,985-square-foot industrial lease in Great Southwest 53 at 2029 114th St. in Grand Prairie. David Eseke and Chris Hillman of Cushman & Wakefield negotiated the lease with Prologis.
Ross Dress for Less has leased 28,200 square feet of retail space within Vista Ridge Plaza at 420 E Rounds Grove Rd in Lewisville. Lamar Cos' Jeff James handled lease negotiations.
Texas Family Fitness has leased 20,105 square feet of retail space within the Shops at Vista Ridge at 500 E Round Grove Rd in Lewisville. Lamar Cos' Jeff James handled lease negotiations.
Nuzee Inc. leased 16,603 square feet of industrial space at Palisades Industrial Park at 1700 Capital Ave. in Plano. Matt Dornak, Ryan Wolcott and James Mantzuranis with Stream Realty Partners negotiated the lease with Calvin Wong with Engvest.
Citygate Property Group LLC expanded its lease to 7,550 square feet of office space at 8111 LBJ Freeway in Dallas. Jessica Cyphers and Linda Nguyen of Hartman Income REIT negoitated the lease.
Professional Retail Store Maintenance signed leased 5,794 square feet of office space in Mandalay Tower I at 220 E. Las Colinas Blvd. in Irving. John Roper of CBRE negotiated the lease with Chris Taylor, Christy Thelen and Rodney Helm of Cushman & Wakefield.
InTouch Credit leased 5,779 square feet of office space at 6509 Windcrest in Plano. Charlie Beck of Cushman & Wakefield negotiated the lease with Justin Miller of Transwestern.
First America Title Insurance Co. leased 5,691 square feet at 1050 E. State Hwy. 114 in Southlake. Matt Heidelbaugh and John Gallivan of Cushman & Wakefield negotiated the lease with LeAnn Brown of Silver Oak Commercial Realty.
PHA Consulting Engineers Inc. has leased 5,162 square feet of office space located at Corporate Place of Richardson on 1101 East Arapaho Road. Kent Smith ofNAI Robert Lynn negotiated the lease withScott Florsheim with JP Realty Partners.
Mercer Capital Management Inc. leased 3,545 square feet of office space at 12221 Merit Drive in Dallas. Jessica Cyphers and Linda Nguyen of Hartman Income REIT negotiated the lease.
Texas State Optical has leased a 2,403 square foot space at Town Center Colleyville at 5605 Colleyville Road in Colleyville. JLL's Austin Speni negotiated the lease with Weitzman's Gretchen Miller and Stephen Wise.
Real estate editor Steve Brown compiles this list.
