Author: Mia Goulart

Stream Realty Partners hires Peery Wood from CBRE to bolster Dallas tenant rep team

Posted on by Mia Goulart

Stream Realty Partners has recruited a Dallas commercial real estate veteran with more than 30 years of experience to bolster its office tenant representation team.

Peery Wood joins Stream, a national commercial real estate firm headquartered in Dallas and offering an integrated platform of services, as an executive vice president. He will be responsible for expanding the company’s tenant representation business across the Dallas-Fort Worth area. His expertise includes advising and executing lease renewals, office expansions, and relocation scenarios for national and global tenants. Prior to Stream, Wood spent more than 10 years at CBRE in Dallas, where he last served as a senior vice president. His tenure there saw milestones including being named a top 20 producer and helping Galderma find its new U.S. headquarters at Trammell Crow Center in Downtown Dallas.

Wood has worked for several national and global commercial real estate firms throughout his career, including Studley Inc. and Cushman & Wakefield. During his 10-year tenure at Lincoln Property Company, he is credited with creating and building the firm’s Dallas tenant rep group by recruiting and mentoring young talent “that is still in the business today,” he said. Lockton, Addus HomeCare, Norton Rose Fulbright, and Tolleson Wealth Management are among the clients he has worked with.

Stream Dallas’ office tenant rep team has grown to 16 professionals over the last year.

SVN | J. Beard Real Estate – Greater Houston announces two new additions

Posted on by Mia Goulart

SVN | J. Beard Real Estate – Greater Houston has announced the recent addition of Gabe Chalot and Jackie Prosch as associate advisors to the commercial real estate firm.

Chalot specializes in leasing and selling industrial properties across the greater Houston area. He is also engaged in land sales, retail sales and tenant representation. Chalot graduated from Baylor University with a Bachelor of Arts in finance, real estate, and entrepreneurship.

Prosch is experienced in leasing, acquisition, and disposition across a wide range of commercial asset types. She holds a Texas real estate license and is an active member of Business Network International and the current vice president of her chapter.

  • Gabe Chalot
  • Jackie Prosch

Western Specialty Contractors hires Ashton House as regional business development manager supporting Texas, Oklahoma, Arkansas branches

Posted on by Mia Goulart

Western Specialty Contractors proudly announces the hiring of Ashton House of Fort Worth, Texas, as regional business development manager/region 2 covering Texas, Arkansas and Oklahoma.

In her new role, House is tasked with supporting the sales staff and developing business for Western’s branch offices in Dallas, Houston, San Antonio and Austin, Texas; Little Rock, Arkansas; and Oklahoma City and Tulsa, Oklahoma.

House has eight years of sales experience in modular building office space, having worked with professionals in the general contracting, healthcare, government and oil and gas industries across parts of Dallas-Fort Worth, Texas and New Mexico.

She has a bachelor’s degree from the University of Texas at Arlington and a Master of Business Administration from Texas A&M University-Commerce. When not working, she enjoys traveling and spending time with family and friends.

Financing secured for newly built distribution facility in Fort Worth

Posted on by Mia Goulart

JLL Capital Markets arranged financing for Meacham Commerce Center Building 1, a Class A industrial facility totaling 334,750 square feet in Fort Worth, Texas.

JLL worked on behalf of the borrower, McCormack Commercial, to secure the loan from Protective Life Insurance Company.

Built in 2022, the property is located north of downtown Fort Worth and is situated on 19.36 acres, allowing for 240 car parking spaces and 103 trailer parking spaces. The fully leased building has a 36-foot clear height, cross-dock loading capabilities, 60-foot staging bays, 70 dock-high doors and four drive-in ramps.

Meacham Commerce Center has access and proximity to the DFW airport and major interstates, including frontage along Interstate 35 West and near direct access to Interstate 820, two of DFWs major trade routes.

Moving forward, Meacham Commerce Center, situated on approximately 80 acres, will deliver three additional buildings adding another 977,161 square feet to the park. When complete, the three buildings will accommodate tenants ranging from 20,000 square feet to 600,000 square feet. Building configurations will be rear load and cross dock with 24- to 40-foot clear heights. Fronting I-35W will be a 69,120-square-foot rear load facility. A 582,540-square-foot cross dock is planned in the heart of the site with 325,750 square feet on its western border.  The remainder of the project will be leased by Matt Carthey and George Jennings of Holt Lunsford Commercial.

The JLL Capital Markets Debt Advisory team was led by Colby Mueck along with John Beeler and John David Johnson.

NAI Robert Lynn brokers deal at Lincoln Centre

Posted on by Mia Goulart

Bridge Tower Properties, a Dallas-based company that focuses on residential real estate, has recently moved into two Class AA office spaces in Three Lincoln Centre. Located at 5430 Lyndon B. Johnson Freeway in Dallas, the firm’s move will accommodate its significant growth. NAI Robert Lynn President Nick Lee and Executive Vice President Kent Smith represented the tenant in the transaction.

The two suites total 16,604 square feet and are nearly quadruple the size of Bridge Tower’s previous location. The iconic North Dallas Lincoln Centre has recently remodeled its common areas. The renovations, numerous tenant amenities and its ideal North Dallas location are the key factors that attracted Bridge Tower in its search for a new space.

Matthew Schendle, Clint Madison and Zach Bean of Cushman & Wakefield represented the landlord.

West Houston office property trades to 1031 investor

Posted on by Mia Goulart

JLL Capital Markets has completed the sale of Briar Forest Crossing, a 94,404-square-foot office building in Houston, Texas.

JLL represented the seller, CapRidge Partners, LLC in the off-market transaction. LM & Associates, LLC, a 1031 investor, purchased the property and was represented by Doug Pack with Colliers, who will also be handling the leasing.

Briar Forest Crossing is located at 1300 West Sam Houston Parkway, at the northwest corner of Sam Houston Tollway and Briar Forest in Houston’s Westchase submarket. The office building is convenient to Houston’s Energy Corridor as well as the Galleria and Greenway Plaza business districts. Additionally, the property is just west of The Villages, one of Houston’s most affluent residential neighborhoods.

The four-story building is currently 73.1% leased and serves at the headquarter location for US Physical Therapy. Building amenities include a common area conference center and parking in an attached structured garage.

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Marty Hogan.