Author: Mia Goulart

JLL Dallas hires veteran duo to bolster industrial brokerage team

Posted on by Mia Goulart

JLL is proud to announce that Kurt Griffin and Nathan Orbin have joined the Dallas office as managing directors, specializing in landlord and tenant representation.

Orbin and Griffin bring decades of experience in the commercial real estate industry and have closed more than 17 million square feet in industrial leases in the last three years. They are known for unwavering dedication to client service and have earned national and local recognition as top performers, including multiple Top Producer awards.

Both Griffin and Orbin are alumni of The University of Texas at Austin.

  • Kurt Griffin
  • Nathan Orbin

Lucid expands DFW presence with new Class A office

Posted on by Mia Goulart

Lucid Private Offices, formerly known as WorkSuites, has signed a 31,000-square-foot lease at International Business Park located at 6275 W. Plano Parkway. The company will occupy the fifth floor of the newly constructed Class A office building.

JLL’s Trevor Franke and Gini Rounsaville represented Billingsley Company, the landlord, and CRESA’s John Pelletier and Austin Studebaker represented the tenant, Lucid Private Offices.

The five-story office building in the heart of Dallas’ Platinum Corridor features 48,000-square-foot floor plates, large windows, art installations, and balconies on multiple floors. It also overlooks a park with a walking trail and outdoor workspaces. Furthermore, the 10,000-square-foot amenity center next door includes a fitness center, conference center, tenant lounge and mini market.

Phase two of the International Business Park’s expansion will bring an additional 280,000 square feet of space to the market and is set to be delivered in March. The building, with balconies on Floor 4 and 5, will be the largest in the park and is expected to be 20% leased at the time of delivery.

Home Depot signs long-term renewal at Hartman’s Cooper Street Plaza in Arlington

Posted on by Mia Goulart

Home Depot U.S.A., Inc. (Home Depot), the world’s largest home improvement retailer, has signed a long-term 35,840-square-foot lease renewal at 4601 Cooper Street in Arlington. Cooper Street Plaza is a retail shopping center operated by Hartman Income REIT Management, Inc., a commercial real estate operator of its portfolio, and owned by its affiliate, Silver Star Properties REIT, Inc. headquartered in Houston.

Home Depot is the third big box store renewal at Cooper Street Plaza for the landlord in the last 12 months. At the retail center, the home improvement store boasts the largest footprint by square footage and serves as a co-anchor tenant to UPS, Mattress Firm, and OfficeMax.

In the last year, Cooper Street Plaza has welcomed two additional well-known tenants to its mix, Black Rifle Coffee Company and State Farm Insurance. Hartman’s Cooper Street Plaza is a conveniently located retail center just one light south of Ronald Regan Memorial Highway. The property sees an average count of 150,000 vehicles per day while residing within three square miles of a population of 121,939.

In the leasing transaction, Brent St. Amant represented the landlord.

JLL announces new head of agency leasing in Houston

Posted on by Mia Goulart

JLL announced today that Tyler Garrett has joined the Houston office as executive vice president, managing director of agency leasing.

Over the course of his career, Garrett has leased approximately four million square feet of space with a lease value of more than $1 billion. He has held positions as an analyst/associate and director of leasing at local and national commercial real estate firms, and most recently as a senior vice president with Transwestern.

URBN Dental announces location at CITYCENTRE in Houston

Posted on by Mia Goulart

On behalf of TriGate Capital, a Dallas-based leading real estate investment manager, Houston-based Midway, a privately owned, fully integrated real estate investment and development firm, is pleased to announce that URBN Dental is opening a new location at CITYCENTRE, Houston’s premier mixed-use destination to shop, dine, live, work, and stay.

The local cosmetic dental practice provides a wide variety of services for all ages, including routine cleaning, fillings, crowns and bridges, extractions, root canals, dentures, implants, and braces. Dedicated to providing the highest quality of care, URBN Dental’s office is equipped with the latest technology. URBN’s modern and artfully designed offices redefine the dental office experience to inspire relaxation and comfort. Patients enjoy complimentary Wi-Fi, beverages, TVs in their private treatment rooms, and warm aromatherapy towelettes.

URBN Dental is slated to open in February 2023 and will be located on Queensbury Lane next to Beverly Hills Rejuvenation Center CITYCENTRE. Spanning 1,993 square feet, URBN Dental is committed to providing people who visit, work, and live at CITYCENTRE with exceptional oral health care.

Laura Harness of Retail by Midway represented the Landlord, a Trigate Capital company, in this transaction.

Stream Realty Partners secures local buyer to occupy office building in Plano submarket

Posted on by Mia Goulart

Stream Realty Partners has secured a local buyer for a two-story Plano office building with a basement showroom on the market for only 31 days.

Peacock Point LLC recently completed the purchase of 5500 W. Plano Parkway from Hacienda Care V L.P., closing within 96 days of the property being listed. Stream, a national commercial real estate firm offering an integrated platform of services, represented the seller in the transaction. Stream Dallas Managing Director Jamie Jennings and Senior Vice President Ryan Evanich served as the brokers. Pam Goodwin of Goodwin Advisors LLC represented the buyer.

5500 W. Plano Parkway offers 30,066 square feet of rentable office space and a 7,640-square-foot basement showroom/storage area. The Class A property sits on more than 2.2 acres of well-landscaped land and features 124 covered and surface parking spaces. The building was vacant at the time of sale. Peacock Point plans to occupy the facility.

Offering easy access to Dallas Love Field and Dallas Fort Worth International airports, 5500 W. Plano Parkway is in the Upper Tollway submarket and just minutes from the President George Bush Turnpike and Dallas North Tollway. Multiple well-known regional medical facilities and global corporate headquarters are within easy reach.