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Lakeside office building sells to Louisiana investor

Dallas area office and industrial buildings change hands.

Sales

J & A Frith Properties of Louisiana has purchased the Lakeside Professional Office located at 870 International Parkway in Flower Mound. The two-story, 21,779 square foot office is 100% leased to tenants including Edward Jones, Wills Investments Group, Century 21 Judge Fite Co, Scroggins Law Group, Olympia Splendid USA, Compass The Sharma Group and Edge Team Technology. Realty Capital Management developed the building. Stephen Swann with Belfort Assets brokered the sale with  Mark Boone with Realty Capital Management.

Pegasus Real Estate how purchased a 271,100-square-foot industrial property portfolio near DFW International Airports in Irving. The buildings at 4040, 4823 and 4845 Royal and at 8400 Sterling Street were sold by Fort Capital. Jones Lang LaSalle’s Stephen Bailey and Dustin Volz brokered the sale.

Investor John Hammond has purchased a 409-room hotel at the south end of DFW International Airport at Airport Freeway and State Highway 161. Originally built as Holiday Inn Select and Holidome, the hotel will be converted to dual brand Wyndham and Ramada hotels. Jagdish (Jack) Godhwani of Beam Real Estate brokered the sale.

Rock Island Auctions has acquired the 127,121-square-foot Harwood Shopping Center at 3600 E. Harwood Rd. In Bedford, from TKG Harwood Development. Jason Finch and Noah Dodge of Bradford Commercial Real Estate Services brokered the sale with Amy Pjetrovic and Ryan Smith of Venture Commercial Real Estate.

An investor has acquired the 15,080-square-foot Northgate Business Park 1 at 9858 Chartwell Dr. In Dallas from Sims Racecraft LLC. Jason Finch and Noah Dodge of Bradford Commercial Real Estate Services brokered the sale.

McClintock Homes has purchased almost 7 acres in Denton for $1.2 million, 31-home residential community. The property is just east of Texas Women’s University. Mike Todd represented McClintock Homes in the purchase with broker John Skelton. Granite Industries will develop the property.  McClintock expects to offer new custom homes starting at $500,000

Leases

Dallas Performance LLC has leased the 15,080-square-foot  Northgate Business Park 1 at 9858 Chartwell Dr. In  Dallas. Jason Finch and Noah Dodge of Bradford Commercial Real Estate Services negotiated the lease.

National Retailer Boot Barn has leased 12,407 square feet of retail space in Mansfield Towne Crossing and 1781 U.S. Highway 287 in Mansfield. Edge Realty Partner’s Andrew Shaw, Steve Ewing and Connor Cox negotiated the lease with CBRE.

Green Family Foundation has leased 3,852 square feet of commercial space in the Atelier tower at 1801 Pearl Street in downtown Dallas. Steve Lieberman and  Jill Tiernan with the Retail Connection negotiated the lease with  Jack Gosnell, Elizabeth Herman and Marissa Stave with CBRE.

Clinica Dr Hispano has leased 2,000 square feet of retail space Columbia Plaza at 4611 Columbia Ave in Dallas. Colin Cannon of Resolut Real Estate negotiated the lease with Daniel Frid of Shop Cos.

Blevins Family Partnership has leased 1,996 square feet of retail space in Ovilla Corners ll located at 300 North Sharaf Avenue in Red Oak. Tom Heraty of NAI Robert Lynn negotiated the lease.

Heavenly Pools Showroom has leased 1,394 square feet of office space in Red Oak Professional Plaza located at 269 East Ovilla Road in Red Oak. Tom Heraty of NAI Robert Lynn negotiated the lease with Jeffrey Yarbrough of Big Ink Real Estate.

Chassidi & Dawalan Williams has leased 1,394 square feet of office space in Red Oak Professional Plaza located at 269 East Ovilla Road in Red Oak. Tom Heraty of NAI Robert Lynn negotiated the lease with Felicia Gonzaque of Redfin.

Firehouse Subs has leased a 1200 square-foot retail space at 106 East Ovilla Road in Red Oak south of                                                                       Dallas. Gilbert Realty Group negotiated the lease with Grant Gary and Kendall Graff of The Woodmont Co.

Real estate editor Steve Brown compiles this list.

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