ANNOUNCEMENTS & DEALS DONE
CENTRAL/SOUTH TEXAS
(AUSTIN/SAN ANTONIO AREAS)
INDUSTRIAL Austin (SALE) – Don Quick & Associates purchased three industrial properties totaling 23,540 SF at 1814, 1815, and 1828 Fleischer Drive. A.J. Marotta of Phyllis Browning Co. represented the seller, a private investor. El Paso (SALE) – An undisclosed buyer purchased 108,125 SF on 6.55 acres at 9300 Billy The Kid. Bill Caparis, SIOR of CBRE El Paso represented the seller, Prologis-North Carolina Lp.
LAND San Antonio (SALE) – HT Stone Oak Land, LP purchased 60 acres off Highway 281 at Marshall Road to be used to develop a residential development. Deborah Bauer of Drake Commercial Group represented the seller.
MULTI-FAMILY Austin (SALE) – Moody National REIT 1 Inc. purchased a Hampton Inn at 4141 Governors Row. Marcus and Millichap Real Estate Investment Services arranged the sale on behalf of a joint venture between a California family trust and a Texas-based private investor. Austin (DEVELOPMENT) – Seaholm Power LLC will develop Seaholm Residences, a 30-story condo located at 222 West Avenue, downtown. The tower, which will offer 280 luxury condo residences, will begin construction in April and is expected to be ready in the first quarter of 2015. San Antonio (DEVELOPMENT) – Carter broke ground on Tetro Student Village, a 16acre student housing development near the University of Texas at San Antonio (UTSA) campus. Less than one half of a mile from campus, the complex will feature 121 apartments and 77 townhomes and is expected to be completed in July. Cardinal Group Management will oversee the management and leasing, Reese Vanderbilt & Associates is the architect, and SpawGlass is the contractor for this project.
OFFICE Austin (LEASE) – Aveda Institute leased 17,339 SF at 6001 Middle Fiskville Rd. Jon Smalling and Jack Breard of United Commercial Realty represented the tenant, and Joe Simmons of AQUILA Commercial represented the landlord.
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San Antonio (LEASE) – TMF leased 3,695 SF at Legacy Oaks. Rosalie Keszler, CCIM, of The Stone Group Coroprate Real Estate represented the tenant, and Lindsey Tucker and Carl Salvato of CBRE San Antonio represented the landlord. Austin (SALE) – Cielo Realty Partners purchased 180,000 SF at 823 Congress Ave. Todd Mills and Gary Carr of CBRE represented the seller, CapRidge Partners. Austin (DEVELOPMENT) – HPI Real Estate Services & Investments broke ground on a new building in the Sam Clemente office park located at Westlake Drive. The fivestory, 250,000 SF building is expected to be completed in May 2015, and already has one major tenant in Spiceworks Inc, who signed a 95,000 SF lease. GSC Architects of Austin designed the building, and Zapalac/ Reed Construction Co. will be the general contractor. Austin (DEVELOPMENT/LEASE) – athenahealth leased all 103,000 SF of Seaholm Power Plant, a redevelopment project located on the southwestern edge of downtown. Danny Roth, Brad Philp and Edvin Beasley of Stream Realty Partners represented Seaholm Power LLC, the developer renovating the project. In addition to the now leased four-story building, the project will also include an 11,000 SF, ground-floor restaurant, as well as 3,500 SF of public space. The low-rise office and retail building will be completed by the end of 2014 and the residential units will be available for occupancy by mid 2015.
RETAIL/RESTAURANT Austin (LEASE) – Simpler Trading leased 5,450 SF in Steiner Market located at 4308 N. Quinlan Park Road. Preston Wolfe and Herman Tjahja of Retail Solutions represented the landlord. Austin (LEASE) – Chapli Kebobs & Curries leased 4,000 SF in Shops on Howard Lane located at 1200 W. Howard Lane. Mark Carpenter of Carpenter & Associates represented the tenant, and Cole Brodhead of Retail Solutions represented the landlord. Austin (LEASE) – Urgent Care for Kids leased 2,500 SF in Arbor Town Square located at 10717 Research Blvd. Travis Sawvell of Jones Lang LaSalle represented the tenant, and Cole Brodhead and Carter Bailey of Retail Solutions represented the landlord. Austin (LEASE) – Verts leased 1,800 SF at 1920 E. Riverside Drive. John Heffington of CBRE Austin represented the tenant, and Barry Haydon of Durham & Bassett represented the landlord, SS Retail Development 2013, LP.
Austin (LEASE) – Softserve, Inc. leased 4,101 SF at 111 Congress Avenue. Frank Hartmann of CBRE Austin represented the tenant.
Austin (LEASE) – Boardlife leased 1,545 SF at 1100 South Lamar. John Heffington of CBRE Austin represented the tenant, and Bryan Dabbs of Stream Realty represented the landlord, GDG South Lamar Plaza, LP.
San Antonio (LEASE) – The Center for Health Care Services leased 12,664 SF in Legacy Oaks. Blakely Commercial Real Estate represented the tenant, and Lindsey Tucker and Carl Salvato of CBRE San Antonio represented the owner.
Austin (LEASE) – Nationwide Insurance leased 1,320 SF in Brushy Creek Commons located at 15912 RR 620. David Thate of Realty Austin represented the tenant, and David Schoenermann, CCIM of Retail Solutions represented the landlord.
Austin (SALE) – Spire Realty Group LP purchased Austin Oaks, a 445,322 SF complex at 7718-7719 Wood Hollow Dr. and 3409-3737 Executive Drive at the SWC of Mopac Expressway and Spicewood Springs Road. Todd Mills and Casey Knust of CBRE represented the seller, Riverside Resources Corp.
Cedar Park (LEASE) – Mission of Hope Haiti leased 3,000 SF in Sun Chase Plaza located at 1907 Cypress Creek Rd. Andrew Perkel of Retail Solutions represented the landlord.
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San Antonio (LEASE) – Blast Fitness leased 25,000 SF in Westpark Plaza located at 6703-6759 NW Loop 410. Tim McBrearty of Retail Solutions represented the tenant, and Transwestern represented the landlord.