__MAIN_TEXT__
feature-image

Page 1

Commercial Quarterly 2ND QUARTER | 2020


OLDHAM GOODWIN GROUP, LLC is a

real estate services and investments company that specializes in hotel, multifamily, and commercial properties throughout the state of Texas. Our highly skilled professionals work together as a team to provide clients with bestin-class results for brokerage, development, management, and investment in the real estate sector. Strategically headquartered within the heart of the Texas Triangle in Bryan/College Station, Oldham Goodwin has additional offices to serve the Houston, San Antonio/Austin, Waco/ Temple/Killeen, and Dallas/Fort Worth markets.

MAXIMIZING

VALUE CREATION FOR ALL CLIENTS

Dallas/Fort Worth Waco Killeen

Midland

B/CS

Austin New Braunfels

Huntsville

Caldwell Brenham

Houston

San Antonio

Corporate Office Office Location

Kingsville

Corpus Christi

Market Presence

Commercial Brokerage & Management Development Multifamily Management Hotel Management Investments

979.268.2000 | www.OldhamGoodwin.com


Commercial Quarterly Volume 12 | Issue 2 | 2nd Quarter 2020

About The Cover

Opened in January 2020, Ático is the latest venture from world-renowed chef Tim Love. The Barcelona inspired tapas bar features a specially curated menu of tapas, cocktails, and wines.

Page 28

Sitting on the 6th floor of the new SpringHill Suites Fort Worth Historic Stockyards hotel, guests can expect some of the best views of the Historic Stockyards and the downtown Fort Worth skyline. Spanish themed architecture and decor with a Texas spin are visible throughout Ático. For more informatiom, visit aticoftworth.com

In This Issue

Brokerage Services............................................. Investment Sales...........................................2 Land................................................................6 Retail............................................................. 10 Office............................................................ 14 Industrial...................................................... 18 Multifamily Management................................ 22

Page 30

Hospitality Management................................. 26 Commercial Management............................... 32 Brokerage.......................................................... 36 Development.....................................................40

Editors

Karli Feldhake, VP of Marketing Marissa Davis, Marketing Coordinator Jacob Ramirez, Hospitality Marketing Coordinator Shelby Barker, Brokerage Marketing Coordinator

Leadership

Page 38 Printing

AlphaGraphics The Commercial Quarterly is published four times per year by the Oldham Goodwin Group, LLC. Volume 12, Issue 2, of Commercial Quarterly was produced by the Oldham Goodwin Marketing Department. Please direct inquiries to the Marketing Department, Oldham Goodwin Group, LLC, 2800 South Texas Avenue, Suite 401, Bryan, Texas 77802, call 979.268.2000 or email marketing@oldhamgoodwin.com. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projections, assumptions, or estimates used are for example only, and do not represent the current or future performance of the property. The value of any transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Copyright © 2020 Oldham Goodwin Group, LLC

Casey M. Oldham, CEO & CIO R. Hunter Goodwin, President & COO Clinton D. Oldham, Executive VP of Brokerage Services Todd Duncan, CPA, CFO & VP of Administration Amy K. Jones, Director of Commercial Management Sean Griffin, VP of Multifamily Cole Baker, VP of Hospitality Chris Rhodes, VP of Development

Commercial Quarterly | 1


Investment Sales


PROPERTY SPOTLIGHT

Lakewood Forest Center 11700 Grant Road | Cypress, Texas 77429

Aaron Morris, CCIM Market Manager | Houston Vice President | Investment Sales O: 281.256.2300 | C: 713.585.5715 E: Aaron.Morris@OldhamGoodwin.com

Property Highlights •

Excellent value-add opportunity with 18% vacancy - submarket vacancy is 6.0%

Population of 97,547 with an Average Household Income of $100,762 within 3 miles

Primarily service based tenants

Great visibility and access from Grant Road, with traffic counts of over 21,000 VPD

New seven year lease with Dollar Tree

Offered at below replacement cost

Tyler Reiley Associate | Investment Sales O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com

Building Information Building Area: 59,323 SF

Land Size: 4.6 AC

Parking:

207 free surface spaces

Frontage:

558’ on Grant Road 318’ on Lakewood Forest Drive

Commercial Quarterly | 3


INVESTMENT SALES

FEATURED PROPERTIES

New Listing

2319 Texas Avenue South

7,336 SF commercial building less than 1 mile from Texas A&M in College Station, Texas For more information, contact Tyler Bradfield

1007 Earl Rudder Freeway South 8,112 SF freestanding restaurant building in College Station, Texas For more information, contact Clinton D. Oldham

2416 SW H K Dodgen Loop

3,862 SF move in ready free-standing restaurant building in Temple, Texas For more information, contact Derek Tanksley

RECENT TRANSACTIONS

Brookhaven Retail Center

Represented Buyer in the acquisition of a multi-tenant retail center in Bryan, Texas

Former Kreuz Market

Represented Seller in the disposition of a 7,473 SF freestanding restaurant in Bryan, Texas

Star B Retail Center

Represented Buyer in the acquisition of a 9,793 SF retail center in Hutto, Texas

M I R A M E S A

Wolf Crossing

Represented Buyer in the acquisition of a 9,618 SF retail center in Georgetown, Texas

4 | www.OldhamGoodwin.com

Miramesa Town Center

Represented Buyer in the acquisition of a 13,070 SF retail center in Cypress, Texas

Energy Plaza

Represented Seller in the disposition of a multi-tenant office building in College Station, Texas


INVESTMENT SALES

ACCESSIBLE EXPERTISE

Clinton D. Oldham

Aaron Morris, CCIM

Steve Monroe, CCIM

Executive Vice President | Brokerage Services Managing Director | Investment Sales O: 979.268.2000 | C: 409.781.7734 E: Clint.Oldham@OldhamGoodwin.com

Market Manager | Houston Vice President | Investment Sales O: 281.256.2300 | C: 713.585.5715 E: Aaron.Morris@OldhamGoodwin.com

Market Manager | San Antonio Vice President | Investment Sales O: 210.404.4600 | C: 210.426.1800 E: Steve.Monroe@OldhamGoodwin.com

Tyler R. Bradfield Senior Associate | Investment Sales O: 979.268.2000 | C: 210.508.0181 E: Tyler.Bradfield@OldhamGoodwin.com

Raj Patel

Derek Tanksley Associate | Brokerage Services O: 254.255.1111 | C: 254.913.2859 E: Derek.Tanksley@OldhamGoodwin.com

Tyler Reiley Associate | Investment Sales O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com

Senior Associate | Investment Sales O: 281.256.2300 | C: 903.237.9732 E: Raj.Patel@OldhamGoodwin.com

Taylor Grammer Coordinator | Investment Sales O: 979.268.2000 | C: 214.769.6399 E: Taylor.Grammer@OldhamGoodwin.com

Commercial Quarterly | 5


Land


PROPERTY SPOTLIGHT

8902 Fallbrook Drive Houston, Texas 77064

Jeremy Richmond, CCIM Managing Director | Land Services O: 979.268.2000 | C: 979.777.8176 E: Jeremy.Richmond@OldhamGoodwin.com

Land Information Size:

2.066 AC

Property Highlights •

Signalized hard corner on Sam Houston Tollway

High growth area with strong daytime population

Booming office and industrial corridor with more than 145,000 employees

Developments within immediate neighborhood include Sam Houston Business Park, Remington Square Business Park, Foxconn, SpireTek, Strayer University, and Legacy at Fallbrook

Adjacent to Homewood Suites by Hilton

Estimated average household income greater than $87,000 within two mile radius

Full utilities available for build-ready pad site

Frontage:

295’ on Sam Houston Tollway 260’ on Fallbrook Drive

Utilities:

All available to site

Traffic Counts:

Sam Houston Tollway: 105,387 AADT Fallbrook Drive: 16,789 AADT

Commercial Quarterly | 7


LAND

FEATURED PROPERTIES

New Listing

New Listing

New Listing

o lb el W

Highway 36

Highway 59/I-69

rn Rd

Pad Site at SEC of US 59 & SH-36 Commercial pad site for lease or build-to-suit in Rosenberg, Texas For more information, contact Jeremy Richmond

Diamond S Ranch

1,309 AC improved ranch for sale in Reagan, Texas For more information, contact Jay Tjoelker or Mason Schieffer

2.5 AC on Wellborn Road Rare development tract for sale in College Station, Texas For more information, contact Mason Schieffer

RECENT TRANSACTIONS

Leon River Ranch

Represented Seller in the disposition of 113 AC on FM 436 in Belton, Texas

y

W el

kw

ep

Tower Point Lots 1 & 2

Represented Seller in the disposition of over 130,000 SF in College Station, Texas

lR

th

d

we st P

De

Tower Point Lot 23

Represented Seller in the disposition of a 7.69 AC pad site in College Station, Texas

So u

d4

W

76 AC Ranch

Represented Buyer in the acquisition of an improved recreational ranch in Bryan, Texas

8 | www.OldhamGoodwin.com

2.35 AC off Highway 6

Represented Buyer in the acquisition of 2.35 AC in College Station, Texas

R Co

03

39.12 AC on W Co Road 403

Represented Seller in the disposition of 39.12 AC in Normangee, Texas


LAND

ACCESSIBLE EXPERTISE

Jeremy Richmond, CCIM

Cyndee Smith

Managing Director | Land Services O: 979.268.2000 | C: 979.777.8176 E: Jeremy.Richmond@OldhamGoodwin.com

Senior Vice President | Retail & Land Services O: 281.256.2300 | C: 713.816.3407 E: Cyndee.Smith@OldhamGoodwin.com

Brian Allison

Mason Schieffer, ACP

Vice President | Industrial & Land Services O: 210.404.4600 | C: 210.383.3697 E: Brian.Allison@OldhamGoodwin.com

Associate | Land Services O: 979.268.2000 | C: 979.255.6205 E: Mason.Schieffer@OldhamGoodwin.com

Jay Tjoelker

Mary Beadles

Associate | Land Services O: 979.268.2000 | C: 281.750.5776 E: Jay.Tjoelker@OldhamGoodwin.com

Coordinator | Land Services O: 979.268.2000 | C: 806.440.2326 E: Mary.Beadles@OldhamGoodwin.com

Commercial Quarterly | 9


Retail


PROPERTY SPOTLIGHT

Chimney Hill Retail Centers University Drive East & Tarrow Street | College Station, Texas 77840

Brett Boatner Senior Associate | Retail Services O: 979.268.2000 | C: 903.573.4165 E: Brett.Boatner@OldhamGoodwin.com

Property Information Gross Leasable Area: Building A - 10,000 SF Building B - 5,928 SF

Property Highlights

Site Size: 2.6 AC

Recently signed leases with Snooze A.M. Eatery and Five Guys

Excellent access and visibility from University Drive East

2020

½ mile from Texas A&M University campus (Spring 2020 enrollment of 64,961 students)

Zoning:

Proposed completion date of Summer 2020

Parking:

End cap and in-line spaces available, end caps will have patio space available

Building A - 54 Parking Spaces Building B - 44 Parking Spaces

Exceptional traffic counts (47,433 VPD)

Other tenants within the development include a 168 room Drury Inn & Suites, Starbucks, and the Republic Steakhouse

Year Built:

PDD - Planned Development District

Commercial Quarterly | 11


RETAIL

FEATURED PROPERTIES

New Listing

New Listing

5 Oaks Plaza

Walmart Supercenter anchored retail center at major intersection in Austin, Texas For more information, contact Abigail Albritton

3004 Holleman

New retail center less than 1 mile from Texas A&M in College Station, Texas For more information, contact Brett Boatner

Lakewood Forest Shopping Center 107,224 SF Target anchored retail center in Houston, Texas For more information, contact Tyler Reiley or Aaron Morris

Spring Creek Village

Lowe’s anchored 2nd generation restaurant in College Station, Texas For more information, contact Brett Boatner

Center at Aggieland

Fully equipped 2nd generation restaurant at renovated center in College Station, Texas For more information, contact Brett Boatner

Shops on Texas

Located less than 2 blocks from Texas A&M with great visibility in College Station, Texas For more information, contact Brett Boatner

RECENT TRANSACTIONS

Chimney Hill Retail Center

Represented Landlord in the lease of 6,400 SF in College Station, Texas

12 | www.OldhamGoodwin.com

Post Oak Square

Represented Landlord in the lease of 6,435 SF in College Station, Texas

Discovery Bay Shopping Center Represented Landlord in the lease of 3,145 SF in Pearland, Texas


RETAIL

ACCESSIBLE EXPERTISE

Cyndee Smith

Brett Boatner

Senior Vice President | Retail & Land Services O: 281.256.2300 | C: 713.816.3407 E: Cyndee.Smith@OldhamGoodwin.com

Senior Associate | Retail Services O: 979.268.2000 | C: 903.573.4165 E: Brett.Boatner@OldhamGoodwin.com

Tyler Reiley

Abigail Albritton Associate | Retail Services O: 210.404.4600 | C: 817.271.0543 E: Abigail.Albritton@OldhamGoodwin.com

Associate | Investment Sales O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com

Sasha Abery Brokerage Coordinator O: 281.256.2300 | C: 832.497.3943 E: Sasha.Abery@OldhamGoodwin.com

Commercial Quarterly | 13


Office


PROPERTY SPOTLIGHT

CamWesT Crossing 8872 HSC Parkway | Bryan, Texas 77807

Jody Slaughter Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com

Property Information Rental Rate:

Property Highlights •

New construction, completed in December 2019

Within a five minute drive to Texas A&M University, Texas A&M University System’s RELLIS Campus, Texas A&M University Health Science Center, Easterwood Airport, and Traditions Club

High-end finishes

Modern building systems

High speed fiber

Efficient single and multi-tenant floor plates with options ranging from 1,500 to 57,055 SF

Building identity signage available

Parking ratio – 4/1,000

$21.50/SF/YR - NNN

Available Space: First Floor - 15,230 SF Second Floor - 15,363 SF Third Floor - 15,363 SF Fourth Floor - 11,146 SF

Commercial Quarterly | 15


OFFICE

FEATURED PROPERTIES

5050 Westheimer Road

2,000-19,207 SF available with multiple build out options in Houston Galleria District, Texas For more information, contact Aaron Morris

5037 FM 2920 B

2nd generation emergency care building for lease in Spring, Texas For more information, contact Aaron Morris

2306 Rayford Road

8,000 SF medical office space along Rayford Road between I-45 & SH-99 in Spring, Texas For more information, contact Aaron Morris

Chase Bank Building

719-2,880 SF available in 4 story office building in Humble, Texas For more information, contact Tyler Reiley

The Alamo Building

400-1,830 SF available near IH-10 & Loop 410 in San Antonio, Texas For more information, contact Ben Berry

Memorial Village

Multi-building owner user/investment property for sale in Bryan, Texas For more information, contact Clinton D. Oldham

RECENT TRANSACTIONS

3737 Buffalo Speedway Avenue Represented Tenant in the sublease of 13,000 SF in Houston, Texas

16 | www.OldhamGoodwin.com

1103 Rock Prairie Road

Represented Tenant in the lease of 3,000 SF in College Station, Texas

Garden Oaks Office Park

Represented Landlord in the lease of 4,491 SF in Boerne, Texas


OFFICE

ACCESSIBLE EXPERTISE

Jody Slaughter

Ben T. Berry

Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com

Associate | Corporate Services O: 210.404.4600 | C: 210.414.4929 E: Ben.Berry@OldhamGoodwin.com

Tyler Reiley Associate | Brokerage Services O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com

Daniel Powell Associate| Transaction Coordinator O: 979.268.2000 | C: 979.574.5089 E: Daniel.Powell@OldhamGoodwin.com

Commercial Quarterly | 17


Industrial


PROPERTY SPOTLIGHT

Innoquest Industrial Park 2870 N Harvey Mitchell Parkway | Bryan, Texas 77807

Jody Slaughter Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com

Property Information Building Area: 200,000 SF

Property Highlights •

30’ clear heights

High speed fiber

Clear span warehouse space

12” reinforced concrete slab

3 phase power

8” natural gas service

Rail access (1100’)

15 acres available for future development or laydown yard

Cranes • Two - 5 ton • Two - 20 ton • One - 10 ton

Redundant electricity

Year Built: 1979

Structure: Metal Frame

Size: 76.76 AC

Zoning: Industrial

Commercial Quarterly | 19


INDUSTRIAL

FEATURED PROPERTIES

Aberdeen Commerce Center

4,500 SF flex space for lease in industrial business center in Houston, Texas For more information, contact Tyler Reiley

1636 East 51st Street

10,000 SF office/warehouse building for lease in Austin, Texas For more information, contact Abigail Albritton

11514 Jones Maltsberger Road

2-story 9,720 SF flex building on 0.75 AC tract for sale in San Antonio, Texas For more information, contact Ben Berry

360 Graham Road

16,073 SF office/warehouse building for sale in College Station, Texas For more information, contact Jody Slaughter

5913 Imperial Loop

16,200 SF office/warehouse building for lease and sale in College Station, Texas For more information, contact Jody Slaughter

Praxair Portfolio

3 properties totaling 8,350 SF industrial space for sale in Shiner, Alice, & Kingsville, Texas For more information, contact Tyler Bradfield

RECENT TRANSACTIONS

11915 Highway 30

Represented Landlord in the lease of 10,000 SF in College Station, Texas

20 | www.OldhamGoodwin.com

Innoquest Industrial Park

Represented Landlord in the lease of 10,800 SF in Bryan, Texas

Highway 30 Business Park

Represented Landlord in the lease of 4,875 SF in College Station, Texas


INDUSTRIAL

ACCESSIBLE EXPERTISE

Jody Slaughter

Ben T. Berry

Managing Director | Corporate Services O: 979.268.2000 | C: 713.927.1157 E: Jody.Slaughter@OldhamGoodwin.com

Associate | Corporate Services O: 210.404.4600 | C: 210.414.4929 E: Ben.Berry@OldhamGoodwin.com

Tyler Reiley Associate | Brokerage Services O: 281.256.2300 | C: 713.598.6332 E: Tyler.Reiley@OldhamGoodwin.com

Daniel Powell Associate| Transaction Coordinator O: 979.268.2000 | C: 979.574.5089 E: Daniel.Powell@OldhamGoodwin.com

Commercial Quarterly | 21


Multifamily Management


At Oldham Goodwin, we care about our clients and our residents. Our multifamily management team provides our clients top-tier property management services ranging from leasing and marketing, property and asset management to accounting and finances. These services promote customer service, gain resident retention and reduce property expenses while making your property an asset to the community. Browse through our portfolio and read more about our services at OldhamGoodwin.com.


MULTIFAMILY MANAGEMENT

Your Life, Affordable Senior Living Coming to College Station

A New Place to Call Home In the heart of growing College Station, Texas a new type of apartment living community is currently under construction at 800 Durham Loop and preparing to welcome residents aged 62+ to affordable independence. The Huntington at College Station will provide the perfect balance of comfort and convenience, all while being located in a beautiful natural setting. In fact, right outside the front door, residents will be able to access walking and bicycle paths and will be just a few blocks from shopping, banking, health care, places of worship, and more. After identifying the need for additional senior living facilities in the Brazos Valley, representatives from Oldham Goodwin Group, LLC began working diligently with the City of College Station to navigate through a selection process that included the consideration of multiple local and out of town developers. MGroup + Architects was selected as a partner and worked in tandem with the Oldham Goodwin team on design and construction of The Huntington at 24 | www.OldhamGoodwin.com

College Station. The project broke ground in July 2019 and will feature 120 independent senior living residences on over 5 acres with 92 units set aside as affordable units with rent restrictions. “Supply of high-quality senior living has not met the demand in College Station, and we are proud that The Huntington at College Station will be able to fill this void by providing a first class, affordable rental option for our seniors,” said Casey Oldham, CEO of Oldham Goodwin Group. “This project has also allowed us to partner with the City of College Station and assist with increasing infrastructure in the area in order to spur economic development.” Located directly across the street from Baylor Scott and White Medical Center and adjacent to Midtown City Center, the new mixeduse development in the center of College Station, residents at The Huntington will really have it all. This district has been thoughtfully designed to fill lives with everything one could want: health, wellness,


Better Living

MULTIFAMILY MANAGEMENT

enjoyment, and relaxation. Catch up with friends over coffee in the community room before heading out to appointments. Stop by your favorite local shops and lunch place, then return to the comforts of home and all of the community amenities. In addition to the easily accessible location, The Huntington will have plenty of on-site features to keep residents entertained. The main clubhouse will offer a library, arts & crafts area, community room, and gaming tables. If outdoors activities are desired, residents can utilize one of the community barbecue grills or enjoy a variety of low-impact sports including pickleball and nature walking trails. They can even just take time to relax and savor the natural beauty of the lush landscaping in one of several outdoor sitting areas.

Each of the 1 or 2-bedroom apartment units will consist of spacious living areas and full kitchens complete with a Whirlpool appliance package. Other unit features include vinyl plank flooring in main living areas, carpeted bedrooms, faux wood blinds, and washer/ dryer connections. With a variety of floorplans and configurations, residents will be able to choose exactly the type of apartment home they prefer. As construction continues, residents are anticipated to begin moving into their new apartment homes by the end of 2020. Leasing inquires should be directed to Alpha Barnes by calling 979-571-9224. We’re looking forward to better living for seniors in the Brazos Valley.

Commercial Quarterly | 25


Hospitality Management


At Oldham Goodwin Group, we specialize in the management and development of premium-branded hotels in destination locations. Through product development and superior asset management, we work to mitigate risk and exposure, and maximize cash flow, resulting in an increased return on investment for our stakeholders. Oldham Goodwin is currently an approved management company for the following hotel companies: Marriott International, Hilton Hotels and Resorts, Best Western International, Hyatt Hotels Corporation, and Wyndham Hotels and Resorts.


HOSPITALITY MANAGEMENT

MEET THE MODERN WEST The Fort Worth National Historic District is proud to honor its deeply rooted history in both Fort Worth and Texas. From the red brick roads to the daily cattle drive, it is a place that is undeniably Texan. That history and allure is something that has to be taken into consideration when bringing anything new into a place with so much history. The SpringHill Suites by Marriott Fort Worth Historic Stockyards does just that. By mixing the old west with the new, SpringHill Suites will age just as well as the Stockyards has over the years. “We knew from the start this wasn’t going to be your typical SpringHill Suites hotel. We knew it had to fit the city and the Stockyards,” said Andres Rubio, the Niles Bolton Director of Hospitality. “We worked closely with the city to follow the strict regulations and to work within the established perimeters that ultimately benefit the community and visitors.” Walking through the hotel and up to the rooftop bar, Ático, you will see an intentional use of bringing in the beauty of the outdoors to help enhance the atmosphere. Large, glass windows are featured throughout the building to help bring in as much natural sunlight as possible. Ático features big, open spaces with large grass walls to further emphasize the feeling of being outside with the comforts of being indoors. Creating this unique SpringHill while still upholding the quality of the brand overall was no easy task. It took months of planning with the teams from the City of Fort Worth, Niles Bolton, and Oldham Goodwin Group to achieve a hotel that would satisfy the needs of guests and all parties involved. “It’s important to realize the hotel is truly a gateway to the Stockyards. It welcomes you to the area. We really took that to heart. We also had to take a ‘self-brand’ approach to the hotel. Meaning the hotel could fit in the SpringHill portfolio, but also had its own identity different from your standard SpringHill Suites hotel,” said Rubio. Creating the “new west” went beyond just the architectural design elements of the hotel and Ático. Studio 11 Design, a full-service interior design firm, was tasked with creating a look that honored the historic west while blending modern styles. “Fort Worth Stockyards’ colorful history and Spanish Colonial style architecture were the driving factors for our design intent. We drew inspiration from the cobbled roads, leatherworking shops, Commanche and Kiowa Nations’ uniquely beautiful beadwork and pottery, and Spanish Colonial materials such as stucco and tile,” said Kylie Dang, PR & Marketing Coordinator for Studio 11 Design. “Hunter Goodwin [President & COO of Oldham Goodwin], had expressed a strong desire to incorporate the local cowboy culture into this property due to its proximity to the Stockyards while also incorporating elements from 28 | www.OldhamGoodwin.com


HOSPITALITY MANAGEMENT

Historical blends with modern design One of the most striking features of the SpringHill Suites Fort Worth Historic Stockyards is the large cowboy-inspired mural adorning the front of the building, “SPIRIT”.

the history of the area. Fort Worth itself is a blend of both historic and modern elements, so it was a natural thing to bring into this property.” The subtle nods to the old west are apparent even in the guest rooms themselves. In the bathrooms, you will find walls with various cattle brands as a homage the Stockyards importance in the livestock industry. On the walls, artwork features cowboys and the depictions of western life. Above the guest room beds, there are minimalist map versions of the Stockyards and Fort Worth. “The map above the headboards is a bird’s eye view of the neighborhood and shows the hotel’s proximity to the Stockyards. The brands in the bathroom wallcovering are all of the brand symbols used when the Stockyards was in its heyday,” said Hale. “It is definitely one of a kind!” From check-in to check-out guests of the SpringHill Suites Fort Worth Historic Stockyards will experience a unique take on the cowboy way of life. For more information about SpringHill Suites Fort Worth Historic Stockyards, please visit: marriott.com/dfwsy For more information about Studio 11 Design, please visit: studio11design.com For more information about Niles Bolton, please visit: nilesbolton.com

“The mural accomplished more than one thing. It tied the hotel to the Stockyards, it captured the essence of the Stockyards, and it created something that immediately was eye-catching,” said Andres Rubio, the Niles Bolton Director of Hospitality. Local Fort Worth artist Dylan Kennedy was tasked with creating the 17’x26’ mural. He used personal experience, the vision of the Stockyards, and his research travels through Texas, New Mexico, and Colorado to create the design. “Apart from being a nod to Fort Worth’s history, the piece also serves as a tribute to my greatgrandfather, Andres Sánchez,” said Kennedy. “When telling my family about the project, they told me he had been a true-to-life cowboy, and gave me a photo of him to use for the portrait. I remember him as a kind and weathered man in his old age, but apparently in his prime he was a cow wrangler, horse-breaker, and sheep shearer. The sheep-skin vest and cream-colored hat and face used in the design belonged to him. And while the identity of this gentle giant looking over the neighborhood will be anonymous to all who see him, I could think of no better person in my own life as a symbol for the Spirit of the Fort Worth Stockyards.” Commercial Quarterly | 29


Something

special happens when you are drinking fine wine and sharing tasty tapas with good company in an intimate setting. Ático, the newest concept by Chef Tim Love, is a Barcelona-inspired rooftop tapas bar featuring a dining experience unlike any other in the Stockyards.

UNPARALLELED

VIEWS & FOOD

Discover an inviting rooftop eatery and bar with a luxurious and dapper feel all while enjoying a view of the Historic Fort Worth Stockyards and glimmering lights of downtown Fort Worth. Sitting on the 6th floor of the SpringHill Suites Fort Worth Historic Stockyards, a carefully curated drink & food menu invite while decor and architecture are Spanish inspired to fully transport you from Fort Worth to Barcelona. “Barcelona has the absolute best bar scene in Europe, hands down. Most of my favorites are on a rooftop where each spot is always lively yet intimate and the quality of both food and drink go hand in hand. I’ve dreamed about having that kind of experience in Fort Worth for years now, waiting for the perfect venue that could capture Barcelona’s special brand of bar culture and Ático is just that with panoramic views of the city’s landmarks,” said Love. While the views are enough to keep you coming back, it is the food and drinks that will set Ático apart from all the dining options available in the Stockyards. A wide array of drink and food options are available to those looking to expand their horizons. For a little insider tip, be sure to try the blood orange sangria and the patatas bravas (crispy fried potatoes served with ranchero sauce and aioli). For a little heartier meal, the white wine marinated skirt steak with cabrales blue cheese is sure to please. Complete your meal with a little bit of cotton candy served on cotton stems for a whimsical way to end your visit. “Our team looks forward to serving Fort Worth guests great food, good wine and cocktails, and the inviting atmosphere of a classic tapas bar,” said Love. Ático serves dinner weekdays, brunch and dinner weekends. Monday - Thursday 4:30 PM - 10 PM Saturday 11 AM - 12 AM Sunday 11 AM - 9 PM www.aticoftworth.com 30 | www.OldhamGoodwin.com

Fresh, savory Oysters cooked with Garlic, Parmesan, and Guanciale (Pork Jowl Bacon)

Take in the sunsets overlooking the Fort Worth skyline.


Throughout Ă tico are elements of the outdoors and classic Spanish architecture.

Catalan Coca: Deer Salami, Roasted Fennel, Manchego, Roasted JalapeĂąo Pesto

Commercial Quarterly | 31


Commercial Management


Oldham Goodwin’s commercial management team includes experienced property managers, facilities personnel, and knowledgeable accountants to service retail, office, and industrial properties. Our goal is to protect and increase the value of your asset through strong tenant relations, stringent expense control with solid vendor relationships, integrated property management and facility maintenance software programs, and deliver accurate and transparent budgeting and financial reporting. We provide monthly detailed management and financial reports to provide ownership with the knowledge to make informed decisions.


COMMERCIAL MANAGEMENT

EXCEEDING COMPANY NEEDS

Creating a Division

Oldham Goodwin Group is proud to introduce the establishment of a Facilities & Maintenance Division. This fully independent division within Oldham Goodwin Group started in September 2018 and offers general handyman services, as well as HVAC, electrical, and plumbing repairs. As the Commercial Division’s portfolio grew, the number of repairs needed at the properties they manage was enough to support a division. In the past, third party vendors have been used to take care of all maintenance needs, which created a lack of quality control. By creating a Facilities & Maintenance Division, the Commercial Division has been able to gain this control back while also providing services to Landlords in a timelier fashion. The Facilities & Maintenance Division currently operates out of the BryanCollege Station corporate office and serves the surrounding area. Jason Millsap, the Director of Operations for Commercial Management Services, hopes to expand into the Houston and San Antonio markets to help support the company’s property management teams located in each area. Jason stated, “Facilities & Maintenance has helped provide better service to our Landlords while at the same time freeing up our property managers to more efficiently manage their assets instead of spending time on repairs and vendors.”

34 | www.OldhamGoodwin.com


COMMERCIAL MANAGEMENT

Oldham Goodwin Group’s Director of Facilities Maintenance, Scott Whitis, has played an integral role in the development of this brand new division. Scott will soon be celebrating his 4th year with Oldham Goodwin Group, which marks almost 30 years of experience in the maintenance industry. Scott enjoys his job, explaining that every day is different and includes a wide variety of responsibilities including electrical, plumbing, and cosmetic repairs.

Scott is self-taught and started his career working alongside his dad doing maintenance in a retail store. He has owned and WHEN I DO A JOB, IT’S DONE operated his own maintenance business, worked as an electrician CORRECTLY AND I’M PROUD TO in Austin, and laid flooring with his best friend. After relocating to College Station, he started out as Lead Maintenance for DTI PUT MY NAME ON IT. I WILL Investments and worked on all maintenance and construction NEVER TAKE SHORT CUTS TO for over 30 apartment complexes. He was then promoted to the Regional Maintenance Division. This experience led him GET THE JOB DONE FASTER. to Oldham Goodwin Group where he worked as the Director of Facilities for the Multifamily Division before transferring internally - SCOTT WHITIS to the Commercial Division. Scott enjoys spending time with his family, which he plans on doing more of after retirement. Before moving on to this next phase of life, Scott hopes to leave a successful operation and legacy within the Facilities & Maintenance Division. He is proud of the hard work that has gotten the division to where it is at today and hopes to watch it grow into other markets.

Scott Whitis DIRECTOR OF FACILITIES MAINTENANCE

Commercial Quarterly | 35


Brokerage


Today’s real estate climate is complex and fast paced. Therefore, hiring the right representation to suit your specific needs is paramount. Oldham Goodwin’s leaders and professionals recognize this challenge and have responded by developing a line of commercial brokerage services that emphasize industry and property specialization throughout the state of Texas. This specialization coupled with the integration and information sharing with all of our service lines creates tremendous value for our clients. Oldham Goodwin professionals are experts in their field, supported by a wealth of resources.


BROKERAGE

Winding Oaks Ranch

86 acres in Washington County

D

eep in the heart of Texas, along the prestigious La Bahia Trail on FM, 390, resides the pinnacle of country living. Winding Oaks Ranch is situated on 86 stunning acres with views in every direction. Wow your guests with countless entertainment amenities, or achieve complete relaxation in the picturesque Washington County countryside. Nestled in the rolling pastures is a beautiful 3-story, 7,247 square foot custom home built in 2012. The home features six bedrooms, four full and three half baths, two attached garages, and a media room along with a study/library. Explore the luxurious fixtures throughout the home, then embrace the outdoorsman in you with a heated pool, featuring a grotto and jacuzzi, a pool house, guest house, large barn complete with three horse stalls and tack room, cattle working pens, and cross fencing. The ranch features gorgeous rolling terrain, with pockets of heavy woods dotted along the property. Whitetail deer, ducks, doves, and other wildlife flourish around the large two-acre pond and three small tanks. Situated just 10 minutes from Brenham, a quick 35 minutes to College Station, and 60 minutes from Houston, Winding Oaks Ranch is the perfect weekend getaway or main residence with endless possibilities. Make your dream of living in Washington County come true!

38 | www.OldhamGoodwin.com


The great outdoors

Decompress on the multi-level covered porches that skirt the exterior of the home, or let your troubles melt away from your very own outdoor entertainment oasis. The stocked lake with a dock and gazebo offers a relaxing setting to unwind from your day.

Open kitchen layout

The kitchen features high-end finishes throughout, including a breakfast bar, island, pot filler, second sink, under cabinet lighting, and a walk-in pantry. The large bay window in the dining area allows you to enjoy the beautiful scenic views of the rolling pasture right outside of your home. The main living spaces feature hardwood floors, with marble and tile in bedrooms and bathrooms.

Commercial Quarterly | 39


Development


Successful real estate developers know their market intimately and have the ability to efficiently execute well-designed development plans. At Oldham Goodwin, we strive to deliver the most professional and organized development services available in the market today. As a fully integrated real estate firm, we are able to utilize our brokerage and management knowledge to accurately gauge market demand, and then respond to that demand quickly with the appropriate product. Our development team leverages its experience in engineering, construction and finance to ensure investors and end users receive the maximum benefit from the project.


DEVELOPMENT

CHIMNEY HILL REDEVELOPMENT

Located on University Drive between Texas A&M University and Highway 6, Chimney Hill overlooks one of the most highly trafficked streets in all of Bryan/College Station. This keystone tract of land is now being developed to its full potential as the future home of exceptional dining, up-scale shopping, and a centrally located Drury Inn & Suites. In the past, Chimney Hill was comprised of a 75,000 square foot retail building and a seperate 5,000 square foot Convention and Visitors Bureau office with bustling small retail storefronts and entertainment options. Many may remember the City of College Station had originally planned to build an event center, in hopes of bringing the community and other businesses into one central location. When those plans fell through, Black Forest Ventures (BFV), a developer from the Houston area, saw the potential and took over the site in 2015. BFV quickly selected Oldham Goodwin Development (OGD) to manage the redevelopment of Chimney Hill and Oldham Goodwin Brokerage (OGB) to lead the leasing and sales efforts. Today, Chimney Hill showcases The Republic 1836 Steakhouse, Primrose Path, a 2,200 SF freestanding Starbucks, two new retail centers totaling 16,000 SF, and the future development of a 7-story Drury Inn & Suites. Oldham Goodwin Development has been working tirelessly to deliver the most professional and organized development services available in the market today. OGD’s team leverages its experience in engineering, construction, entitlements, and finance to ensure investors and endusers receive the maximum benefit from their projects. 42 | www.OldhamGoodwin.com


EAT Explore the flavors of Brazos Valley at Chimney Hill! Start your day at Snooze A.M. Eatery, where every breakfast staple features an exciting, creative twist. And for a true taste of Texas, sample College Station’s finest dining at The Republic 1836 Steakhouse, including steaks prepared to perfection, housebrewed beers, an unsurpassed selection of whiskey, and live music.

PLAY Spice up your evening at Primrose Path, a European-style wine bar, directly next door to The Republic 1836 Steakhouse. This upscale venue boasts an impressive selection of wine, handcrafted cocktails, beer, tapas, and pasta. Enjoy a breathtaking view of the Texas sky from the courtyard, or unwind amidst the unparalleled ambiance in the bar.

STAY For exceptional value and enviable comfort, complete your evening at the future 7-story, 160 bed Drury Inn & Suites. Business travelers and vacationers alike will love these bestin-class amenities: rise and shine with a fresh, free hot breakfast, and wind down with free dinnertime snacks and drinks with the 5:30 Kickback. Stick to your fitness regimen with an on-site 24-hour fitness center, or spend the day poolside. Whether you’re from around the world or around the corner, travel happy with Drury Inn & Suites. Commercial Quarterly | 43


WELCOME TO THE LAND OF HOME With 370 acres of natural Texas ranch land in College Station, Greens Prairie Reserve definitely has a a place for you to call home. Whether you want to find a move-in ready home or design your dream home, it all starts here. Welcome to a whole new way of living.

Homesites Now Available

info@greensprairiereserve.com (979) 243-2000 greensprairiereserve.com


2315 NORTH MAIN STREET SIXTH FLOOR FORT WORTH, TX 76164 • 682.255.5112 WWW.ATICOFTWORTH.COM


BRYAN-COLLEGE STATION CORPORATE OFFICE 2800 South Texas Avenue, Suite 401 | Bryan, Texas 77802 O: 979.268.2000 | F: 979.846.7020

HOUSTON OFFICE

SAN ANTONIO OFFICE

WACO OFFICE

O: 281.256.2300

O: 210.404.4600

O: 254.255.1111

Profile for Oldham Goodwin Group, LLC

Oldham Goodwin | Commercial Quarterly | 2nd Quarter 2020  

Oldham Goodwin | Commercial Quarterly | 2nd Quarter 2020