DALLAS—In this week's wrap up of Texas and Southwest deals…
Binswanger has been named exclusive agent byFirst Bank to represent them with the sale of twosingle-story modern manufacturing facilities totaling 462,500square feet on 97.1 acres. The buildings are located at 8600Central Freeway North in Wichita Falls, TX. Formerly used byDelphi Automotive for the production of ceramicautomobile oxygen sensors, the property consists of a348,000-square-foot South Building and 90,000-square-foot NorthBuilding. The property is located on I-44 and is minutes to Highway287 and 82. The Wichita Falls Municipal Airport is an approximately15 minute drive and Dallas/Fort Worth International Airport isapproximately 100 miles from the site. Binswanger is aggressivelymarketing the property to manufacturers of wood, petroleum andcoal, chemicals, plastics and rubber, metals, machinery, computerand electronic products, electrical equipment, motor vehicle bodyand parts and furniture, as well as wholesale trade, transportationand warehouse, and information users.
Also in Dallas, CBRE's national retail investment group hasbrokered the sale of Northpark Village in Lubbock,TX. Cincinnati, Ohio-based Phillips Edison &Co. purchased the grocery-anchored center for anundisclosed price. Lubbock-based United Supermarkets anchors the70,479-square-foot Northpark Village, at the intersection of 4thStreet and Slide Road. Texas Tech University is approximately twomiles from the center on 4th Street. The asset is 96.8% occupied.National tenants, including Starbucks and GNC, promote crossshopping and provide a steady customer draw. ChrisCozby, Chris Gerard and KevinHolland, with CBRE, represented the unnamed seller in anoff-market sale.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
