ArkansasBusiness.com

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LEASES/Arizona
TUCSON-A & E Flood Services leased 25,200 square feet at 1857West Grant Rd. Rob Glaser, Principal and Industrial Specialist,PICOR Commercial Real Estate Services, a Cushman & WakefieldAlliance Member, represented owner Walker Tucson Properties LLC.Anthony Reed, Long Commercial Real Estate, represented thetenant.

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PHOENIX-DHL Express (USA) Inc. of Plantation, CA signed a25,000-square-foot lease at Sky Harbor Business Park on 18th Placeand University Drive. Jerry McCormick, John Werstler, Seth Garrettand Jackie Orcutt of CB Richard Ellis represented owner EastGroupProperties. Jim Wilson with Cushman & Wakefield of Phoenixrepresented the tenant.

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PHOENIX-Syntellect Inc. has leased 15,396 square feet for itsnew headquarters at the 80-acre Corridors-Phoenix business park at2095 W. Pinnacle Park Rd. Ashley Brooks with CB Richard Ellisrepresented Alter Group, the landlord. James Bayless, Senior VicePresident, CB Richard Ellis, represented Syntellect in thetransaction.

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LEASES/Texas
DALLAS-Taco Bell of America Inc. completed am 18,000-square-footground lease at 3636 Forest Lane from MPC Properties, Ltd. BobGinsburg of CB Richard Ellis negotiated the lease on behalf of thelandlord.

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DALLAS-Six tenants have taken a combined 15,000 square feet ofoffice space at Adolphus Tower at 1412 Main St. in the CBD. MarkBoynton with Henry S. Miller Brokerage LLC handled the leases onbehalf of the landlord, Henry S. Miller Brokerage Investments. JohnBailey of the Allan Bailey Group and Grant Sumner of Peloton RealEstate Partners separately represented the tenants. The building isalso being marketed for sale.

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HOUSTON-Berkley Oil & Gas Specialty Services, LLC, hasleased 10,175 square feet of office space at Millennium Tower at10375 Richmond Avenue. Steve Rocher, Kristen Rabel and LouannPereira of CB Richard Ellis represented landlord,Millennium-Windfall Partners, Ltd, in the transaction. Sue Rogersof CRESA Partners represented the tenant.

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IRVING-Texas Freightway Inc. leased 91,436 square feet ofindustrial space at 5101 Statesman Dr. from CRP 2 Holdings EE.Corbin Crews with CB Richard Ellis negotiated the lease on behalfof the landlord.

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IRVING-Nokia Siemens Networks US leased 42,419 square feet ofoffice space at 6000 Connection Dr. from iSTAR CTL Connection –Irving LLC. CB Richard Ellis'Jack Fraker negotiated the lease onbehalf of the tenant.

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FRISCO-Corepoint Health has signed a five-year lease for 13,701square feet on the third floor of 3010 Gaylord Parkway for its newcorporate headquarters in Hall Office Park. Move-in is scheduledfor late-February 2010.

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PASADENA-The U.S. General Services Administration leased 12,574square feet of industrial/warehouse space at 11810 Fairmont Pkwy..Brian Weiss out of Jones Lang Lasalle's Washing D.C. officerepresented the U.S. in the transaction. Ed Frantz and Gray Gilbertwith CB Richard Ellis represented the landlord, Kelley Fairmont,Inc.

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CONSTRUCTON/Texas
BRYAN-COLLEGE STATION-Horizon Bay Retirement Living broke ground onIsle at Watercrest, a full-service, assisted living project. Thedeveloper is South Bay Partners and the general contractor isIntegrated Real Estate Group. Upon completion, the facility willhave 26 skilled nursing units and 57 assisted living units.

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INVESTMENT/Texas
SPRING-Coventry Fund VI Ltd. acquired the 48,000-square-footCypresswood Place, a Class B office building at 6605 Cypresswoodfrom JWAK Properties Ltd. Grubb & Ellis' Beth Young and HenryHagendorf represented Coventry Fund VI in the transaction. BrendaPennington of Pennington Commercial Real Estate Inc. representedthe seller.

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