Beverage Maker Signs Longterm Lease at Industrial Facility in Fort Worth

TeaBevCo Lllp, parent of Texas Tea/HTeaO’s drive-through stores, will relocate and expand its Southwest Region distribution center to Railhead Business Station in north Fort Worth. The beverage maker has signed a long-term lease for the 25,692-square-foot balance of 500 Railhead Rd. Nick Talley, executive vice president and managing partner in the Fort Worth office of Dallas-based Bradford Commercial Real Estate Services, represents the landlord, Sun Life Assurance Co. of Canada.

TeaBevCo’s lease has pushed occupancy to 85% in the 214,650-square-feet project, which has its buildings at 500 and 600 Railhead Rd. now fully leased. Talks are underway for the remaining 33,000 square-feet at 800 Railhead Rd.

“Railhead Business Station is historically well occupied because it’s centrally located. The distribution points to all of the metroplex are phenomenal,” Talley says.

TeaBevCo’s new distribution center will benefit from Triple Freeport and Enterprise Zone abatements, perks from being situated in the bustling Interstate 35 W corridor versus its present location in southwest Fort Worth. Loop 820 is close by as are two airports.

Talks with Amarillo-based TeaBevCo went full circle in less than two months, with the company giving the nod to as-is space to speed its expansion to nearly 26,000 square-feet from 10,000 square-feet. Todd Hawpe of Transwestern represented the beverage company.

“This was a right-down-the-middle industrial deal,” Talley adds. “The company is rapidly expanding and needed a larger distribution center to supply its brick-and-mortar retail stores.”

The Southwest Region distribution center will occupy slightly more than half of a 43,872-square-feet structure. The rear-load/front-park design boasts a 24-foot clear height and ESFR sprinkler system.

TeaBevCo opened its first Texas Tea/HTeaO retail drive-through in 2009 in Amarillo and then began franchising the brand. Today, there are roughly 100 locations in Texas, Florida, Kansas and Oklahoma. The retail stores feature a custom tea bar, brewing station, a full line of YETI merchandise and healthy snack items.

Bell Partners Acquires 619-Unit Package in Austin

Bell Partners Inc., an apartment investment and management company, has acquired Lenox Springs and Lenox Meadows, two adjacent properties in Austin, Texas, comprising a combined 619 units. The properties, acquired on behalf of the firm’s Fund VII investors, will be operated with the existing Bell Southpark community to create a three-phase, 949-unit multifamily community.

All three communities are adjacent to each other and are located less than 10 miles south of downtown Austin, providing convenient access to Austin’s major employment. In recent years, Austin has attracted several major technology employers, earning the moniker Silicon Hills. The area serves as an employee base for companies such as Apple, Dell, IBM and Google. In addition, Tesla is opening an assembly plant in the area that will create an estimated 5,000 jobs.

The property is within walking distance to Southpark Meadows shopping center, featuring more than 100 retailers, restaurants, and services. Additionally, the community is within a walking distance of a 344-acre public park which includes fishing access, sports fields, playground equipment and six miles of hiking trails.

The phased community features modern, new-development amenities: Lenox Springs and Lenox Meadows were built in 2018 and 2021, respectively, and Bell Southpark was built in 2018. The property features resort-style pools, grills and fireplace features, fitness and wellness studios, and available green space.

Skincare Company Signs 10-Year Lease in Uptown Dallas

Bradford Commercial Real Estate Services’ new client, Skin Pharm TX LLC, has committed to a 10-year lease in a premier 13-story high rise to open its first cosmetic dermatology clinic in Texas and third in the nation.

The skincare company, with a growing celebrity following, will open a well-appointed clinic Monday on the sixth floor of 3131 Turtle Creek Blvd. Jared Laake, vice president of Dallas-based Bradford Commercial Real Estate Services, is representing Skin Pharm in its hunt to expand the brand’s presence in the U.S.

The 3,655-square-foot clinic will feature six examination rooms, all with commanding views of Turtle Creek and Dallas’ dynamic central business district. With the help of Nashville-based designer Lori Paranjape, the space feels elevated, comfortable and cool. MAPP Construction of Dallas was the general contractor.

The 145,896-square-foot class A project is located at the apex of Uptown and Turtle Creek, which along with neighboring Oak Lawn, are among the most affluent enclaves in Dallas’ center city. Trey Smith of Cushman & Wakefield of Texas Inc. represented the landlord, STRS Ohio TX Real Estate Investments Inc.

Two physician assistants with backgrounds in cosmetic dermatology have been hired as providers for the Dallas clinic, which will offer a full-treatment menu in addition to Skin Pharm’s entire line of medical-grade skincare products – best-sellers include Youth Serum, Clarifying Pads and Clay Time. Along with features in a number of notable outlets (SHAPE, Glamour and Byrdie), Skin Pharm has an impressive celebrity following, which includes country music star Kelsea Ballernini, actress Katie Stevens, American model Taylor Hill and reality TV star Lauren Lane.

222-Unit Senior Development for Houston Expected to Arrive in January 2022

Tucson-based Watermark Retirement Communities and Houston-based Hines introduce The Watermark at Houston Heights, an innovative senior living community. The seven-story residential tower in Houston’s Greater Heights neighborhood (between T.C. Jester Boulevard and Durham Drive/Shepherd Drive) will be the tallest building in the neighborhood, offering sweeping views of the downtown skyline.

Comprised of 222 residences, The Watermark at Houston Heights will offer Senior Living, Assisted Living and Memory Care options that support each community member in discovering, developing and embracing daily opportunities to live rich and enjoyable lives. Residents will enjoy a sophisticated environment with 24-hour concierge services, amenities and activities to stimulate the mind and body alike, as well as convenient access to The Heights’ renowned art galleries, restaurants, shopping, entertainment centers and White Oak Bayou.

Slated for completion in January 2022, the community is part of Watermark’s newly launched Élan Collection, an elevated benchmark in senior living and care that blends ageless style with grand amenities, engaging activities, integrative wellness and a luxury, resort lifestyle. It will be the first Élan Collection property in Texas; others are located in Napa, Los Angeles, Brooklyn and Tucson.

Boasting luxury Senior Living residences for those seeking an independent lifestyle, along with Assisted Living and Memory Care levels, The Watermark at Houston Heights will provide expert care tailored to each resident’s unique needs. Caring associates will be available around the clock, always focused on creating a warm and nurturing environment. The community also will utilize Watermark’s global response system, featuring the latest in wearable medical technology to provide residents and their families an added layer of safety.

Manhattan Wins ASA North Texas Chapter “Platinum $1 Billion +” Award for Construction of Globe Life Field

ARLINGTON, TEXAS – Manhattan Construction Company has been honored by the American Subcontractors Association (ASA) North Texas Chapter with the “Platinum $1 Billion + Award” for construction of Globe Life Field in Arlington, Texas. ASA North Texas is an industry organization that advocates for the subcontractor and supplier community, promoting fair business practices and providing professional education and networking opportunities throughout the construction industry. The ASA awards program recognizes outstanding projects in the commercial and industrial construction industry. The awards were presented during the organization’s event Friday, June 4, 2021, at Live! By Loews in Arlington, Texas.

“Manhattan Construction is greatly honored any time that our specialty trade partners honor us with their association award. This one means so much to our team,” Greg McClure, Manhattan Construction Company, Senior Vice President.

Built by Manhattan Construction Company and its trade partners, Globe Life Field is a new multi-purpose entertainment and sports facility for the Texas Rangers Baseball Club and the City of Arlington. The new 40,000-seat retractable-roof facility was built on a fast-track schedule.

From October 2017 to March 2020, Manhattan Construction team members and its trade partners spent more than 6 million work hours constructing the 1.8- million-square-foot ballpark.

Globe Life Field is a concrete and steel structure wrapped in glass, architectural precast, stone, and metal panels. The seven floors of the facility include multiple concourses, suites, restaurants, clubs, kitchens and concessions, retail areas, office spaces, and broadcast areas, in addition to baseball operations and clubhouses.

Approximately 130 Manhattan team members worked on the stadium, including superintendents, project managers, project engineers, carpenters, laborers, and operators. All told, about 11,000 people worked on-site throughout the project’s life, including team members with Manhattan’s 110 trade partner companies.

As a tribute to those who worked on the Globe Life Field project, Manhattan Construction Company created TEAMWORK magazine. The stories in this publication provide a window into the behind-the-scenes feats of collaboration that show how important our partners were in building this tremendous structure. You can view TEAMWORK magazine here: //www.mydigitalpublication.com/publication/?m=62457&i=652802&p=0

Worth & Associates Signs Lease with Zachry Construction to Move Its Headquarters to Walker Ranch Business Park

Worth & Associates, San Antonio’s premier commercial real estate developer, today announced it has signed a lease with Zachry Construction & Materials to move their headquarters to Walker Ranch Business Park, Worth’s 150,000-square-foot office park at 14410 Wurzbach Parkway in San Antonio’s high-demand north-central submarket.

Zachry’s new headquarters will occupy 55,718 square feet in Walker Ranch Business Park Building II, a 93,000 square-foot Class A creative flex office building with 26-foot clear heights, allowing for mezzanine space or high-pile storage, Class A finishes, and a 5/1,000 parking ratio. Zachry’s space will include 40,555 square feet of ground floor and 15,163 square feet of mezzanine space; two story covered porches, skylights; building and monument signage; outdoor seating areas; and state-of-the-art training, conference, meeting and break areas. Additionally, Zachry plans to add a substantial 18-foot-long wall at the rear of the building etched with the names of employees who have been with the company for 25 years. The firm expects to move approximately 190 employees into the Walker Ranch space on November 1, 2021.

Construction of Building II is in the final stages, with the shell dry-in and completion expected in August. With commitments in hand from Zachry and Computer Solutions—which leased 20,540 square feet in the building —Walker Ranch building II is now 82% pre-leased. There is 16,201 square feet of remaining space available.

Walker Ranch Business Park Building I will be a 58,000-square foot, two-story office building with Class A finishes, featuring move-in ready suites ranging in size from 1,500 square feet to 3,500 square feet, 10-foot ceilings and a 4/1,000 parking ratio, with covered parking available.