Partners brokers sale of 10,952-square-foot ambulatory surgery center in Houston

Partners arranged the sale of a 10,952-square-foot ambulatory surgery center located at 2505 N. Shepherd Drive in Houston.

Partners’ Ryan McCullough, Tyler Jaynes, and Caleb Bester represented the seller in the transaction. The buyer was represented by Partners’ Ryan DeGennaro.

The buyer, a local group of various physicians and medical professionals, plans to rehab the existing structure and convert it to a multiple suite medical office for a wide variety of treatment options to serve the local community.

Partners arranges retail lease at 901 N. Vista Ridge near Austin

Partners Real Estate, one of the largest independent commercial real estate firms in Texas, arranged a 1,054-square-foot retail lease with KindFolk Apothecary + Wellness located at 901 N. Vista Ridge in Cedar Park.

Partners’  Todd Mahler represented the landlord, Schneider Tax & Bookeeping in the transaction.

Berkadia arranges sale of apartment community in Central Houston

Berkadia Institutional Solutions has arranged the sale of Metro Greenway, a 309-unit, mid-rise multifamily community in Central Houston. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young and Joey Rippel, and Director Kyle Whitney of Berkadia Houston represented the seller, Simpson Housing, a residential developer and manager based in Denver, Colorado.

Westdale, a real estate investment and management company based in Dallas, Texas, acquired the property.

Located at 4100 Southwest Fwy, Metro Greenway was built in 2008 by developer The Dinerstein Companies and consists of four residential stories above a two-story parking podium with 504 parking spaces. The property offers one- and two-bedroom units that range from 709 square to 1,272 square feet, with individual apartments featuring nine- to 15-foot ceilings, vinyl plank flooring, oversized picture windows, granite countertops, overmount sinks, gas ranges, art deco light fixtures, carpeted bedrooms, large walk-in closets, walk-in showers, double vanities, extra storage closets and spacious patios or balconies. The highly amenitized community includes a cyber café with a coffee bar and internet access, a resident lounge with billiards, a fitness center, pool plaza with a terrace and sundeck, fire pit, summer kitchen, enclosed pet park, electric car charging stations, and a parking garage with remote control access.

Metro Greenway is conveniently located just off I-69 next to Greenway Plaza, between River Oaks and West University, and to proximate to major employment centers in Houston. Metro Greenway is just 10 minutes from the Texas Medical Center, the world’s largest medical district, 15 minutes from Downtown Houston and 30 minutes from George Bush International Airport.

Partners arranges sale of Houston office building for Adkisson Group HQ

Partners, one of the largest independent commercial real estate firms in Texas, arranged the sale of an 19,800-square-foot Class-A office building located at 4809 Westway Park Blvd in Houston. Adkisson Group purchased the property for its new company HQ.

“We were seeking a Class A development project to relocate and grow our company, and 4809 Westway Park provided what we were looking for,” said Steve Adkisson of of Adkisson Group. “The location offers us accessibility to our job sites and clients through Beltway 8 to all major thorughfares in the Houston area.”

Partners’ Travis Land, represented the buyer Enclave Partners, LLC an affiliated company of Adkisson Group in the transaction. Jude Filippone with Transwestern represented the seller.

Berg Hospitality Group announces Buttermilk Baby, new concept eatery coming to Houston

Berg Hospitality Group has announced their newest concept coming this fall, Buttermilk Baby, which reimagines the All-American soda fountain with modern techniques and aesthetics paired with fresh dishes and soft serve ice cream selections in partnership with the iconic brand Carvel®. Buttermilk Baby is located in the popular M-K-T Heights development at 600 N. Shepherd Dr, Building 2, which is owned by Triten Real Estate Partners and Radom Capital. Berg Hospitality was represented in lease negotiations by Erin Dyer of Read King, and Triten Real Estate Partners was represented by Steve Radom of Radom Capital.

Berg tapped the award-winning New York-based design firm, ICRAVE, to help create the modern and cool 3,100-square-foot space with bright and fun “Instagrammable” designs. The all-new concept will feature breakfast platters, flakey biscuits, fried chicken sandwiches, juicy burgers and salads, using only the best ingredients available.

The ice cream bar will serve sweet treats from Carvel, which is the first-of-its kind collaboration in the Lonestar state and its debut into the Houston market.

Berg Hospitality plans to open Buttermilk Baby in September 2023.

Caddis Construction breaks ground on new medical office building in Frisco

Caddis Partners® hosted a groundbreaking to commemorate Frisco Medical Pavilion II. Shovels hit the ground Friday, February 10 in a celebration attended by Caddis executives and other project stakeholders. The new medical office building provides an opportunity to create personalized patient care in the fast-growing vibrant community of Frisco. 

The project will be a 60,000-square-foot medical office building in the highly visible location of 12850 Dallas Parkway. It has an estimated delivery of early 2024 and is experiencing a surge in healthcare demand from users across specialties. The medical pavilion is just north of Texas Health Frisco, a full-service hospital which opened in December of 2019. 

Once complete, Frisco Medical Pavilion II will be a Class A medical office building featuring a state-of-the-art lobby, elevator cabs with gurney capacity, 20,000-square-foot floor plates and the capability for an ambulatory surgical center on the first floor. Exterior features will include an approximately 15,000-square-foot outdoor wellness area, exterior building signage opportunities along the Dallas North Tollway, covered patient drop-off and on-site parking with a 5-to-1,000 ratio. The property is being well received by local medical businesses and several suites have already been secured.

Located in one of the highest-income cities in North Texas as well as one of the fastest-growing cities in the U.S., the property features more than 250 retail and dining options within a three-mile radius. Transwestern Real Estate Services (TRS) handles leasing for the project.

The general contractor for the project is Richardson, Texas-based Novel Builders, the architect is Dallas-based Grace Hebert Curtis Architects and civil engineering services is provided by Hart Gaugler + Associates.