Middle Market Digest: This Week in the South and Mountain Regions

What a year! Between a lively election and an unprecedented number of celebrity passings, the world news was far from boring. And, despite talk of a slowdown, commercial real estate seems poised to hold its own in 2017, boosted by tech, steady job creation and millennial demand. Here's to a great 12 months ahead!—Lisa Brown

NEWS AND NOTABLES

DALLAS—E4H Environments for Health, an architecture firm exclusively focused on healthcare and health innovation, announced the appointment of Larry LeMaster, CPA, as the firm's new chief financial officer. Based in the Dallas/Ft. Worth E4H office, LeMaster brings an impressive background in finance within architecture businesses.

DALLAS—The Dallas Builders Association's Multifamily Council recently held an award ceremony and presented Dallas-based KWA construction superintendent Larry Cox with “superintendent of the year” award.

HOUSTON—Surge Homes, Houston-based real estate developer and builder, was recognized as Developer of the Year as part of the 2016 Houston Agents' Choice Awards. Although its management team has decades of experience in the new home industry, the company made its Houston debut in 2014 and revolutionized the Inner Loop housing market by building innovative developments in sought-after neighborhoods at unmatched price points. Immediately after sales began for its new homes in 2016, Surge Homes became the fastest-selling new home builder in its market.

DEAL TRACKER

DALLAS—Placido Huerta sold a 5,000-square-foot industrial building on 51,400 square feet of land at 620 Bedford St. to Eco View Homes LLC. Vice president Trey Neville and associate Amber Calhoun with Transwestern represented the seller.

AUSTIN, TX—Ryan Wilson with ECR represented the buyer of a 28,840-square-foot industrial property located at 3039 E Hwy 71. Clinton Sayers with Sayers Real Estate Advisors represented the seller.

AUSTIN, TX—CivicSolar Inc. leased 2,977 rentable square feet of office space at 815 Brazos. The landlord was represented by Rebecca Zigterman and Patrick Ley with ECR and the tenant was represented by Mark Harris and Ted Rohan with Avison Young.

HOUSTON—NAI Partners represented 6614 Dixie Properties LLC in leasing a 28,800-square-foot industrial manufacturing facility located at 6614 Dixie Dr.

NEW BRAUNFELS, TX—NAI Partners brokers the sale of 128.5 acres of behalf of the Schlameus Trust. The property is located at 7965 Old Bastrop Rd.

DALLAS—San Antonio Quality Metals leased 19,600 square feet at 2515 Willowbrook Rd. William Shagets with Sealy & Company LLC represented the landlord, Sealy SW Dallas LLC. Ryan Boozer with Stream Realty Partners represented the tenant.

DALLAS—Kilpatrick Townsend & Stockton LLP renewed its 21,985-square-foot lease at Trammell Crow Center, located at 2001 Ross Ave., Suite 4400. Ramsey March, Sara Terry and Scott Sowanick with Stream Realty Partners represented the landlord, JP Morgan. CBRE represented the tenant.

CARROLLTON, TX—Gemaire Distributors LLC renewed its 27,300-square foot lease at 1520 Selene Dr., Suite 106. Blake Kendrick and Mackenzie Ford with Stream Realty Partners represented the landlord, GLP. Eric Crutchfield and Ryan Boozer with Stream Realty Partners represented the tenant.

FARMERS BRANCH, TX—Pacific Coast Supply LLC leased 27,303 square feet at 2115 W. Valley View Ln. Lincoln Property Company represented the landlord, 2115 Valley View LP. Eric Crutchfield with Stream Realty Partners represented the tenant.

FORT WORTH—Action Gypsum Supply signed a new 30,000-square-foot industrial lease at 1005 Blue Mound with Hilzer Family Trust. Principal Sarah LanCarte with Transwestern represented the landlord.

FORT WORTH—GRUMA Corp. signed a new 16,000-square-foot industrial lease at 1806-1810 Mony St. with Hulen Park Associates. Principals Todd Hawpe and Jeff Givens with Transwestern represented the landlord.

GRAND PRAIRIE, TX—Ekostar Inc., a Georgia Corp. signed a new 10,535-square-foot industrial lease at 1926 N. Great Southwest Parkway with Jerry T. Ridnour, DBA The Ridnour Company. Vice president Joe Rudd with Transwestern represented the landlord.

FORT WORTH—The Blum Firm extended its 10,632-square-foot office lease at 777 Main St. with F7 SSSM LLC. Principal Whit Kelly and associate Kelly Whaley with Transwestern represented the landlord.

FORT WORTH—Wellness Center signed a new 2,680-square-foot office lease at 5521 Bellaire Dr. with Bellaire Professional Building. Principal Kirk Kelly with Transwestern represented the landlord.

FORT WORTH—Firearch LLC signed a new 2,133-square-foot industrial lease in Centreport Tech Center at 4100 Amon Carter Blvd. with Jrft Centerport LLC & Scjb LC. Vice president Joe Rudd and principal Jeff Givens with Transwestern represented the landlord.

FORT WORTH—Carlisle Title of Texas LLC signed a new 2,256-square-foot office lease in River Tree Plaza I at 2800 S. Hulen St. with Hulen Office Plaza Partners Lt. Principal Kirk Kelly with Transwestern represented the landlord.

LAKE WORTH, TX—RT Luxx Nails & Spa signed a new 2,112-square-foot retail lease in Rocky Point Shopping Center at 6060 Rocky Point with Katie's Express Car Wash LLC. Associate Amber Calhoun and principal Sarah LanCarte with Transwestern represented the landlord.

FORT WORTH—Fundcorp Inc. signed a new 3,248-square-foot office lease at 550 Bailey Ave. with Peloton. Principal Whit Kelly and associate Kelly Whaley with Transwestern represented the landlord.

FORT WORTH—Polivka International renewed its 1,432-square-foot office lease in Mercantile Plaza at 4500 Mercantile Plaza with Mercantile Partners. Principal Kirk Kelly with Transwestern represented the tenant.

DALLAS—FO'Connell Law Firm renewed its 1,125-square-foot office lease at 2000 S. Stemmons with Beall 2000 Stemmons LP. Vice president Frank Jester with Transwestern represented the landlord.

NEWS AND NOTABLES

DEAL TRACKER

HOUSTON—NAI Partners represented 6614 Dixie Properties LLC in leasing a 28,800-square-foot industrial manufacturing facility located at 6614 Dixie Dr.

NEW BRAUNFELS, TX—NAI Partners brokers the sale of 128.5 acres of behalf of the Schlameus Trust. The property is located at 7965 Old Bastrop Rd.

FORT WORTH—Wellness Center signed a new 2,680-square-foot office lease at 5521 Bellaire Dr. with Bellaire Professional Building. Principal Kirk Kelly with Transwestern represented the landlord.

FORT WORTH—Fundcorp Inc. signed a new 3,248-square-foot office lease at 550 Bailey Ave. with Peloton. Principal Whit Kelly and associate Kelly Whaley with Transwestern represented the landlord.

DALLAS—FO'Connell Law Firm renewed its 1,125-square-foot office lease at 2000 S. Stemmons with Beall 2000 Stemmons LP. Vice president Frank Jester with Transwestern represented the landlord.

NOT FOR REPRINT

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.