Traded: Texas

Crow Holdings Kicks Off Construction on 511K Square-foot Campus in Dallas Crow Holdings Development Matt Dornak & Ridley Culp- Stream Realty Partners McFadden & Miller Azimuth Architecture Bank of Texas Stonemont Financial Group #Texas #RealEstate #TradedTexas #Houston #Dallas

SALE Learn More: https://lnkd.in/gvU6Et95 IMAGE: Garrett Wood, Brian Bailey, Drew Isaac, Tim Speck, Matthew Montagne, Maxwell Watson & Tyler Ellinger, MBA DATE: 05/30/2024 ADDRESS: 8612 Precinct Line Road & 3301 West Stan Schlueter Loop MARKET: North Richland Hills & Killeen ASSET TYPE: Retail ~ SF: 9,856 ~ ACRES: 2.06 BUYER'S REP: Garrett Wood - Hanley Investment Group - Real Estate Advisors SELLER'S REP: Brian Bailey, Drew Isaac & Tim Speck - Marcus & Millichap; Matt Montagne, Maxwell Watson & Tyler Ellinger - Sands Investment Group NOTE: Hanley Investment Group facilitated the acquisition of two Brakes Plus-occupied, single-tenant net-leased properties in North Richland Hills and Killeen, Texas, for a Florida-based 1031 exchange investor. Garrett Wood of Hanley Investment represented the buyer, sourcing and negotiating favorable deals, resulting in significant savings and rapid escrow closures within 30 and 39 days for the respective properties. #Texas #RealEstate #TradedTexas #NorthRichlandHills #Killeen #Retail #BrianBailey #DrewIsaac #GarrettWood #HanleyInvestmentGroup #MattMontagne #MaxwellWatson #TimSpeck #MarcusandMillichap #TylerEllinger #SandsInvestmentGroup

LOAN Learn More: https://lnkd.in/gMh5tmmq IMAGE: Katie Vivian DATE: 05/30/2024 ADDRESS: 103 Market Place Boulevard - La Quinta Inn & Suites & 11820 North I-35 Service Road - Hampton Inn MARKET: Brownwood, TX & Oklahoma City, OK ASSET TYPE: Hotel ~ KEYS: 143 BROKER: Katie Vivian - Largo Capital, Inc. LOAN AMOUNT: $10,000,000 LOAN TERMS: fixed-rate, nonrecourse NOTE: Largo Capital, a financial intermediary based in Upstate New York, secured $10 million in financing for a pair of hotels in Texas and Oklahoma. The undisclosed borrower utilized the funds to refinance a La Quinta Inn & Suites in Brownwood and acquire a Hampton Inn hotel in Oklahoma City. #Texas #RealEstate #TradedTexas #Brownwood #OklahomaCity #Hotel #KatieVivian #LargoCapital

LEASE Learn More: https://lnkd.in/g6qBWMnJ IMAGE: Len ODonnell & Steve Stephens DATE: 05/29/2024 ADDRESS: 300 Convent Street MARKET: San Antonio ASSET TYPE: Office ~ SF: 40,000 LANDLORD: Len O'Donnell - Affinius Capital TENANT: Steve Stephens - Amegy Bank NOTE: Amegy Bank is expanding its presence in downtown San Antonio, leasing 40,000 square feet at 300 Convent Street, aiming to mitigate the city's vacant office space. The move from their North Side location to the 28-story building will offer 100 offices and workstations across two floors, along with a ground-floor banking center. #Texas #RealEstate #TradedTexas #SanAntonio #Office #SteveStepehns #AmegyBank #LenODonnell #AffiniusCapital

LEASE Learn More: https://lnkd.in/gPn2kQqU IMAGE: Kiran Ahmed, Christian Villarreal & William Alcorn DATE: 05/29/2024 ADDRESS: 3030 South Gessner Road MARKET: Houston ASSET TYPE: Office ~ SF: 4,718 TENANT: Kiran Ahmed - Omar Welfare Association BROKERS: Christian Villarreal & William Alcorn - Finial Group NOTE: Omar Welfare Association, a nonprofit, secured a 4,718-square-foot office lease at 3030 S. Gessner Road in West Houston, which includes medical office space within its 61,599-square-foot building. Finial Group's Christian Villarreal and William Alcorn facilitated the lease negotiations on behalf of the undisclosed landlord, while the tenant representative remains undisclosed. #Texas #RealEstate #TradedTexas #Houston #Office #KiranAhmed #OmarWelfareAssociation #ChristianVillarreal #FinialGroup #WilliamAlcorn

SALE Learn More: https://lnkd.in/gSm-uQBd IMAGE: Ferit Ferhangil & Marc Weidner ADDRESS: 2600 La Frontera Boulevard - Austin Marriott North MARKET: Round Rock ASSET TYPE: Hotel ~ KEYS: 295 BUYER: Ferit Ferhangil - Waramaug Hospitality; Marc Weidner - Franklin Real Asset Advisors NOTE: Waramaug Hospitality and Franklin Real Asset Advisors acquired the 295-key Austin Marriott North in Round Rock, TX. The purchase aligns with their strategy of investing in premium-branded hotels in high-growth markets, with plans for value-add initiatives to enhance long-term value. #Texas #RealEstate #TradedTexas #RoundRock #Hotel #FeritFerhangil #WaramaugHospitality #MarcWeidner #FranklinRealAssetAdvisors

LOAN Learn More: https://lnkd.in/ge7x6QEa IMAGE: Ira Mitzner DATE: 05/28/2024 ADDRESS: 1777 Walker Street - Marriott Marquis Hotel MARKET: Houston ASSET TYPE: Hotel ~ KEYS: 1,000 LENDER: Goldman Sachs & Bank of America LANDLORD: Ira Mitzner - RIDA Development Corporation LOAN AMOUNT: $325,000,000 LOAN TYPE: Refinance LOAN TERMS: 2 year, floating interest rate NOTE: RIDA Development secured a $325 million refinancing mortgage for Houston's Marriott Marquis Hotel, originated by Goldman Sachs and Bank of America and sold as commercial mortgage-backed securities. The loan refinances $320 million of existing debt and covers $5 million in closing costs, with the hotel appraised at $567 million and boasting notable amenities like a Texas-shaped lazy river and Houston's largest ballroom. #Texas #RealEstate #TradedTexas #Houston #Hotel #IraMitzner #RIDADevelopmentCorporation #GoldmanSachs #BankofAmerica

SALE Learn More: https://lnkd.in/ghKTtt_q IMAGE: Steven Yari & Jason zhu DATE: 05/28/2024 ADDRESS: 1401 Philomena Street MARKET: Austin ASSET TYPE: Medical Office ~ SF: 129,300 BUYER: Steven Yari - Stockdale Capital Partners, LLC SELLER: Jason Zhu - Gemdale USA Corporation NOTE: Stockdale Capital Partners acquired a 129,300-square-foot medical office building at 1401 Philomena Street in Austin's Mueller community, marking its first medical office acquisition in the city. Built in 2023 by Gemdale USA, the property offers flexible tenant spaces and is adjacent to Dell Children's Medical Center, reflecting the area's rapid growth in medical developments. #Texas #RealEstate #TradedTexas #Austin #MedicalOffice #JasonZhu #GemdaleUSA #StevenYari #StockdaleCapitalPartners

LEASE Learn More: https://lnkd.in/gfxSBnj2 IMAGE: Monta Ellis & Erik Blais DATE: 05/27/2024 ADDRESS: 989 West Sandy Lake Road MARKET: Coppell ASSET TYPE: Mixed-use ~ SF: 16,936 LANDLORD: H2G Enterprises Inc TENANT: Monta Ellis - The Ellis Elite Basketball Academy BROKER: Erik Blais - Bradford Commercial Real Estate Services NOTE: Former NBA star Monta Ellis has launched the Ellis Elite Basketball Academy in North Dallas, securing 16,936 square feet of space in the Sandy Lake Business Center for his new venture. Located at 989 W. Sandy Lake Rd. in Coppell, this academy marks the first location in Texas for Basketball Training Systems LLC, offering advanced training for aspiring young athletes in partnership with high-profile figures like Ellis across multiple states. Erik Blais, senior vice president of Bradford Commercial Real Estate Services, facilitated the lease agreement, bringing the 57,302-square-foot flex project to full occupancy and emphasizing Ellis's strong fit as a well-known sports figure with extensive NBA experience. #Texas #RealEstate #TradedTexas #Coppell #Mixeduse #MontaEllis #TheEllisEliteBasketballAcademy #H2GEnterprisesInc #ErikBlais #BradfordCommercialRealEstateServices

Stream Realty Partners Unveils 345K Square-Foot Uptown Dallas Office Tower Ramsey March, Brad Dornak, Jerry Mays, Blake Bell - Stream Realty Partners Revantage, Chicago Title, M Financial Group, and Berkshire Residential Ryan Evanich & Marissa Parkin Pacific Elm Properties & KDC Goldman Sachs #Texas #RealEstate #TradedTexas #Houston #Dallas