Crain-Lewis Signs an 8-year, 10,000-SF lease at 3400 Carlisle.

DALLAS- Crain Lewis LLP inked a deal with landlord Caddo Holdings LLC for 9,571 square feet in an uptown office building.  The law firm is taking down space at 3400 Carlisle St. for expansion purposes.

For the past few years, Crain ♦ Lewis shared office space with other law firms and management deciding the time was right to branch out and create a space that better fit the personal injury and criminal defense firm’s needs.

“Crain ♦ Lewis has been strategically growing their presence in DFW and is dedicated to surrounding themselves with dynamic, like-minded individuals who will add a tremendous amount of value to their firm,” says Charlie Morris, senior associate with Colliers International in a press release. Morris, along with Colliers’ executive vice president Hunter Blanks and associate Russell Podraza, represented the tenant. Blake Shipley with Jones Lang LaSalle represented Caddo Holdings LLC.

“This larger office space will be more representative of their individual culture and creating a more collaborative environment that will help foster future growth and provide a unique environment for their colleagues and clients,” Morris adds.



ARIZONA


Acquisitions/Dispositions

North Scottsdale

  • Camden Property Trust of Houston acquired the 249-unit Montierra (9850 N. 73rd St.) and the 320-unit San Marcos (9595 E. Thunderbird Rd.).  Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE represented the institutional seller and structured the transaction.

Leases

Phoenix

  • Provista Diagnostics Inc. leased 13,610 square feet at Cornwell Technology Center, 17301 N. Perimeter Dr. Mark Stratz, Tyler Wilson and Scott Baumgarten with Cassidy Turley’s Office Group represented Provista. Bryan Taute with CBRE represented the landlord, Anderson Equities LLC.

TEXAS

Acquisitions/Dispositions

Houston

  • DTSM LP acquired 32,635 square feet of office/manufacturing space on 3.57 acres at 11307 West Little York Rd. from Don and MarthaTuffli Family Trust. B. Kelley Parker III, John F. Littman, Coe Parker and Tim M. Thomas with Cushman & Wakefield of Texas Inc. represented the seller in the negotiations. Ryan Wasaff of The Welcome Group represented the buyer.

Katy

  • F&B Properties LLC acquired 2.03 acres at the southwest corner of Clay and Brannan Drives from Larry Lim and Jacquie Lim. Tim M. Thomas, B. Kelley Parker III, John F. Littman and Coe Parker with Cushman & Wakefield of Texas Inc. represented the seller in the negotiations. Mario Marquez of RE/MAX Cinco Ranch represented the buyer.

North Richland Hills

  • NRH 183 Holdings LLC purchased 11,757 square feet of retail space at 6904 Northeast Loop 820. Lester Day with Transwestern represented the buyer.

San Marcos

  • Hays County sold two buildings in downtown San Marcos totaling 42,819 square feet. Walter Saad and Cathy Nabours of CBRE Austin’s Private Capital Group represented Hays County in the sale of the vacant buildings to two Austin-based investors. The larger of the two buildings, formerly the Hays County Justice Center, is located at 110 East Martin Luther King Drive and totals 39,527 square feet. The other building, at 302 West San Antonio St. is 3,292 square feet and previously housed the Hays County Juvenile Justice Center. David Esparza with Endsley Real Estate represented the buyer.

Leases

Austin

  • Ritual Salon LLC leased 2,519 square feet at 4800 Burnet Rd. Bryan McMurrey of CBRE represented the landlord, Wilder Properties Ltd. Eric DeJernett, also of CBRE, represented the tenant.
  • Teksystems leased 13,138 square feet at 6500 River Place Blvd. Bldg. II from MLIC Asset Holdings LLC. Troy Holme and Casey Ford of CBRE represented the landlord. Ted Doucett of Oxford Commercial represented the tenant.

Dallas

  • Freshii leased its first “health-casual” concept restaurant in the Dallas-Fort Worth area, taking down 2,600 square feet at Adolphus Tower, 1412 Main St. Construction for the new restaurant is expected to begin in December 2012 with a tentative opening scheduled for March 1, 2013. Carla Machulis with Henry S. Miller Brokerage represented the landlord.

Fort Worth

  • Park Tavern leased 8,111 square feet at City Place Center, 150 Throckmorton St. Venture Commercial’s Chris A. Corbin and Michael Dearden represented the landlord, an affiliate of Spire Realty. Jack Breard of UCR Urban represented the tenant.
  • Sports apparel retailer Rally House Texas leased a 9,228-square-foot space in the Overton Ridge Shopping Center, 4920 Overton Ridge Blvd., south of Interstate 20.  Charlotte Cooper and Michael Dearden of Venture Commercial represented the landlord. Jeremy Zidell of The Retail Connection represented Rally House of Texas.

Grand Prairie

  • All Points Pioneer leased 25,600 sf of warehouse space in Trinity West Business Park Building 2, 2450 114th St. from William J. Owen Trust & OMO Investments Co. Michael W. Spain and Jim Ferris with Bradford Commercial Real Estate Service represented the landlord. Bill Biesel of Biesel Investments represented the tenant.

Houston

Bonnie Kelley Dienna and Dave Hanusa of CBRE represented ownership of Wells Fargo Plaza at 1000 Louisiana St. in the following transactions:

  • Sidley Austin LLP signed a new, 49,868-square-foot lease; Lou Cushman and Courtney Estenson Walker with Cushman & Wakefield of Texas Inc. represented the tenant.
  • Cathexis Holdings DE LLC expanded to 26,086 square feet. Kevin Snodgrass of Cushman & Wakefield was the tenant rep.

Debbie Wilson and Cody Armbrister of CBRE represented ownership at LyondellBasell Tower, 1221 McKinney St. in the following transactions:

  • Beck Redden LLP renewed 48,233 square feet. Tim Relyea and Morgan Relyea of Cushman & Wakefield of Texas Inc. represented the tenant.
  • Adams & Reese, LLP renewed 37,954 square feet. Steve Biegel and Valerie Dieterich of Studley represented Adams & Reese.

Irving

  • Morrison Express Corp. renewed 31,145 square feet of industrial flex space in Tristar Distribution Center, 8101 Tristar Dr. Michael W. Spain and Brian Pafford with Bradford Commercial Real Estate Services, represented the landlord. Ryan Boozer of Mercer Co. represented the tenant.

Lewisville

  • First Choice ER LLC sublet 40,000 square feet at 2941 S. Lake Vista Dr. to Horizon Health. Evonne Keene, Paul Stockard and Greg Baxendale with Transwestern represented First Choice ER. The tenant, a subsidiary of Universal Health Services, was represented by Randy Garrett with Transwestern and Barry Smith of Eakin Partners in Nashville .

Pantego

  • Mitchell Automotive signed a new 2,730-square-foot lease at the Pantego Auto Mall, 2101 W. Pioneer Pkwy. Judy Nitzinger with SCM Real Estate Service represented the landlord in this transaction.

Pasadena

  • JV Industrial Cos. Ltd. leased 52,592 square feet on 5.2 acres as well as 3.5 acres of adjacent land at 4100 Underwood from the Tuffli Trust. Kelley Parker III, John F. Littman, Coe Parker and Tim M. Thomas with Cushman & Wakefield of Texas Inc. represented the landlord in the negotiations.  Jason G. Whittington of NAI Houston represented the tenant.

Leasing/Marketing Assignments

Houston

  • Lexington Northchase LP, an affiliate of Lexington Realty Trust, retained Colvill Office Properties and Means Knaus Partners to lease Lexington Northchase, 16676 Northchase. Chip Colvill, Michael Anderson and Brad Beasley of Colvill Office Properties will handle leasing for the 101,111 square foot, four-story, Class A office building.

Executive Moves

Dallas

  • Adi Mayan joined CBRE Global Investors as Director of Asset Management with the U.S. Managed Accounts Group.  In this capacity, Mayan, who is based in Dallas, is responsible for management of separate account assets in the Texas market. She will also serve as a resource to the asset teams on the East Coast.  Prior to joining the firm, Mayan served as an asset manager with the Global Real Estate Assets division of JP Morgan Asset Management, where she managed a portfolio of 31 office buildings valued at $2.4 billion in gross asset value, including preparation of business plans and quarterly reports, financial analysis for lease and hold-sell determinations, and financial models for asset underwriting. Mayan attended the Zicklin School of Business at Baruch College, graduating with honors in Finance and Investments.