Entertainment company signs 25,000-square-foot lease at retail center in Fairview

Posted on by Mia Goulart

The Woodmont Company is pleased to announce the lease agreement between Larks Entertainment and Fairview Town Center. This deal, brokered by The Woodmont Company on behalf of Larks Entertainment, brings an exciting 25,000 square-foot entertainment center, cocktail bar, and chef-inspired restaurant to the heart of Fairview.

Larks Entertainment, known for its commitment to delivering unforgettable entertainment experiences, is set to redefine leisure and recreation in Fairview. This entertainment venue will be located at 351 Town Place, Fairview, Texas, and is poised to become a prime destination for individuals and families alike.

With a projected opening date of December 2023, Larks Entertainment aims to bring an unparalleled level of fun, excitement, and nostalgia to the area. Combining the charm of classic games with cutting-edge attractions, Larks Entertainment offers an extraordinary atmosphere where shuffleboard reigns supreme and a wide range of entertainment options cater to all ages.

In addition to the Fairview location, Larks Entertainment has ambitious plans for expansion. The company is proud to announce the opening of new venues in Nashville and Kansas City in 2024, further solidifying its presence in the entertainment industry. Moreover, Larks Entertainment is actively pursuing franchising opportunities, with negotiations underway for locations in Florida, Massachusetts, Georgia, Ohio, Texas, and California.

In the lease negotiations, Joseph Williams represented the tenant, Larks Entertainment, while Walt Davis of Lincoln Property Company represented the landlord.

Marcus & Millichap arranges sale of triple net lease BioLife in Dallas

Posted on by Mia Goulart

Marcus & Millichap announced the sale a 14,150-square foot net lease property located in Harker Heights, Texas.

Senior Managing Directors Austin Weisenbeck, and Sean R. Sharko, and Associate Daniel Chumbley had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a private investment group, was secured and represented by Weisenbeck and Sharko. Tim Speck assisted in closing this transaction.

Situated at 875 W Central Texas Expressway in Harker Heights, Texas, this 14,150-square foot BioLife property stands prominently positioned conveniently off U.S. Highway 190, where a substantial flow of 53,619 vehicles per day passes. The property boasts a triple net lease with 14 years remaining and a Takeda Pharmaceuticals guarantee.

Top retail cap markets expert returns to Edge Realty

Posted on by Mia Goulart

Edge Realty Partners is pleased to welcome Kevin Holland back to the Houston Capital Markets team.  Holland most recently served as executive director with Cushman and Wakefield in Houston, Texas, providing advisory services to private and institutional clients in the greater Gulf Coast region, based on specialized strategies for the disposition of opportunities ranging from strip centers to anchored properties. 

Joining Kevin is Britton Holland, also formerly of Cushman and Wakefield, and a top advisor with a focus on valuation, strategic planning, and transaction structure, enabling him to provide solutions that align with clients’ real estate needs.  As an entrepreneur, Britton has developed commercial real estate software applications designed to optimize retail site selection and land development opportunities, efficiently analyzing satellite imagery via machine learning and AI techniques.

Kevin and Britton both have diverse experience, including assisting clients with debt and equity, purchasing non-performing loans, acquiring properties on behalf of public and private REITS, and disposing of properties and portfolios for private and institutional clients.

Kevin was formerly a principal with Edge Capital Markets from 2016 to 2020, and Edge colleagues are pleased that he is returning. 

Steve Cooke Hired at Project Control

Posted on by Jordan Jensen

Project Control proudly welcomes Steve Cooke as the Regional Manager for Dallas-Fort Worth (DFW). With over 30 years in the construction industry, Steve brings a wealth of experience navigating complex projects, fostering collaboration, and delivering exceptional results. As Regional Manager, he will harness his extensive expertise and strategic insights to drive our company’s growth in the DFW area.

Peter Hales Hired at Ashland Greene

Posted on by Jordan Jensen

Peter Hales has joined Ashland Greene as Chief Financial Officer, overseeing all financial operations, including Asset Management, Accounting, Finance, and Acquisitions. He served for five years in the US Navy, including a tour of duty during Operation Iraqi Freedom. A finance veteran with extensive deal experience, Peter worked on Wall Street at Morgan Stanley and UBS, culminating his investment banking career as the Co-Head of the Americas Power, Utilities, and Infrastructure group.

Austin Streifert Hired at CPM Texas

Posted on by Jordan Jensen

CPM, a CRE Development and Project Management Services firm based in Austin, is pleased to announce the hire of Austin Streifert as Project Manager. Austin complements CPM with his diverse experience with corporate offices, healthcare, retail, federal, and aviation throughout Central Texas and the Southeast. Notable projects include Viasat Corporate Campus, Baylor Scott & White Medical Center, a Target Store renovation, and the Austin Bergstrom Airport.