Shopping center

McKinney Mall sold to Austin investor

Sales

An Austin-based investor acquired McKinney Marketplace, a 16,918 square foot shopping center located at 9241 Virginia Parkway at Custer Road. Derek Schuster and Kevin Butkus along with Weitzman brokered the sale through a Plano-based investment group.

Infinite point property purchased LBJ Station, a 249-apartment building located at 8997 Vantage Point Drive near the LBJ Freeway and Greenville Avenue. CBRE’s Chris Deuillet, William Hubbard and Danny Baker brokered the sale.

Investors Next Wave LLC purchased Casa Luna Apartments, a 232-unit apartment community at 8411 La Prada Dr E in Dallas. The property was built in 1969 and the new owners are planning major upgrades. California-based Next Wave now owns 300 rental units in North Texas.

Hopewell Development bought two acres on South Belt Line Roan in Irving. Alex Wilson, Nathan Denton and Reid Bassinger of Lee & Associates brokered the sale.

An investor bought the Burgundy Apartments located at 11911 Marsh Lane in Dallas from Zane Holdings. The buyers have purchased 111 units of the 180 units in the fractured condo and hold an 80% interest in the property. Chris Deuillet and William Hubbard with CBRE brokered the sale.

10 Federal Free Storage purchased Alpha Storage Centers, an 88,107 square foot self-storage facility located at 2920 Avenue F in Arlington. Brandon Karr and Danny Cunningham with Marcus & Millichap brokered the sale.

CanTex Capital LLC purchased a 31,217 square foot commercial building at 3402 Century Circle in Irving. Alex Wilson and Nathan Denton of Lee & Associates DFW negotiated the sale by tee Blue Fish Sushi DFW.

Western Wealth Capital, a Canadian company purchased the 250-unit villas of Chase Oaks Apartment Homes located off US Highway 75 in Plano. Built in 1986, the property is Western Wealth Capital’s 20th multi-family acquisition in the Dallas Fort-Worth market.

Community Partners purchased Villas del Zocalo 4, a 437-unit apartment community at 3232 Sumter Drive in Dallas. Taylor Snoddy with Northmarq brokered the transaction.

A local investor bought the Rowlett Industrial Portfolio, a 5-building, 48,453 square foot, multi-tenant industrial property located at 4924-4926 Boyd Boulevard in Rowlett. The properties are on 3 acres and were built between 1980 and 1999. Marcus & Millichap negotiated the sale.

Leases

buzzballz, a rapidly growing company that manufactures and distributes ready-to-drink cocktails, has leased 125,000 square feet at 2020 McDaniel Drive in Carrollton. Nathan Denton of Lee & Associates DFW negotiated the lease with Jeff Thornton of Duke Realty Corp.

desert lily leased 85,000 square foot industrial space located at 1700 Columbian Club in Carrollton. Ken Wesson of Lee & Associates DFW negotiated the lease with Wilson Brown of CBRE Inc.

Dick Sporting Goods subleased a 50,000 square foot building located at 5550 Preston Road in Frisco. Evan Bloom of The Woodmont Co negotiated the lease with Megan Trimble and Greg Bracchi of Edge Realty.

Cobb Carpet Supply Co. leased 3,785 square feet of retail space at Sandhill Business Center, 10725 Sandhill Rd., Dallas, from OMO Investment Co. Brian Pafford of Bradford Commercial Real Estate Services negotiated the lease with Harrison Putt of Mercer Co

Rock a Snap Baby LLC leased 3,750 square feet of retail and exhibit space at Midway Center, 14456 Midway Rd., Farmers Branch, from Kennington Midway Center LLC. Melanie Hughes and Elizabeth Hooper of Bradford Commercial Real Estate Services negotiated the lease with Nicholas Nelson of Discover Real Estate LLC.

Verticon construction leased 1,950 square feet of retail/showroom space at Midway Center, 14440 Midway Rd., Farmers Branch, from Kennington Midway Center LLC. Melanie Hughes and Elizabeth Hooper of Bradford Commercial Real Estate Services negotiated the lease.

Chioma leased 1,875 square feet of retail/showroom space at Midway Center, 14454 Midway Rd., Farmers Branch. Melanie Hughes and Elizabeth Hooper of Bradford Commercial Real Estate Services negotiated the lease with Rene Robles of Vision Commercial Real Estate.

AAT Financial Consultants Corp. leased 1,450 square feet of retail/showroom space at Midway Center, 14454 Midway Rd., Farmers Branch. Melanie Hughes and Elizabeth Hooper of Bradford Commercial Real Estate Services negotiated the lease.

Real estate writer Steve Brown compiles this list.