Fort Worth Business Press, June 2, 2014 Vol. 26, No. 22 | Page 6
6
news
June 9 - 15, 2014 | fwbusinesspress.com
Allegiance Title moving to
Commonwealth Center
Allegiance Title Co. plans to relocate form Arlington Highlands Boulevard to Commonwealth Center, 4200 S. Cooper St. in Arlington.
The Fort Worth Business Press obtains some of its Real
Deals content through a partnership with Xceligent
Inc., a commercial real estate research firm.
Allegiance Title Co. plans to relocate its Arlington office to Commonwealth Center in August.
The Dallas-based title company has leased 2,587
square feet on the center’s first floor at 4200 S.
Cooper St. The 35,917-square-foot office building
is now 71.7 percent leased, with 10,176 square
feet remaining on the second floor.
The lease sees Allegiance relocate from its
second-floor space at 3901 Arlington Highlands
Blvd.
“There are other office buildings in the area,
but not right at the intersection of Cooper and
[Interstate] 20,” said Judy Nitzinger of Coldwell
Banker Commercial Alliance DFW in a news
release.
“Allegiance Title wanted location and first-floor
space, which is what Commonwealth Center had
to offer,” said Nitzinger, who represented the landlord, Hung Enterprises LLC, in the transaction.
With the new lease, Nitzinger has backfilled the
entire 3,993 square feet that Comerica Bank gave
back last year when it downsized in the building.
The Class B office building houses a mix of professional tenants, including Coldwell Banker Residential, Entrust Energy, Farmers Insurance Co.
and the bank.
Representing Allegiance Title in the transaction
was Bailey Anderson of CBRE.
REAL
DEALS
A. Lee Graham
trial and Office Realtors designee members.
The designation is given to what the society considers the most knowledgeable, experienced and
successful commercial real estate brokerage specialists.
“We are proud and excited to be a part of the
SIOR [Society of Industrial and Office Realtors]
and to join this group of prestigious real estate
professionals practicing around the world,” Jessen
COURTESY PHOTO
Citadel Partners’ Jessen, Morse inducted
Scott Jessen and Scott Morse, managing partners
of Dallas-based real estate advisory firm Citadel
Partners LLC, have been named Society of Indus-
Photo courtesy of Judy Nitzinger, Coldwell Banker Commercial Alliance DFW
Scott Jessen and Scott Morse
said in a news release.
“Joining SIOR has been a goal of ours for a while
and is something we consider important in order
to advance our professional expertise,” Morse said.
The Society of Industrial and Office Realtors is a
professional commercial and industrial real estate
association. It serves more than 3,000 members in
more than 630 cities in 34 countries.
Those eligible to apply for SIOR designation
must meet specific revenue production requirements, industry tenure and be actively engaged as
an industrial or office real estate professional.
Citadel Partners specializes in corporate tenant
and investment advisory services.
SALES
All Storage White Settlement Ltd. has purchased 156,660 square feet for an undisclosed
price at 101 Jim Wright Freeway in Fort Worth,
according to Xceligent Inc. Representing the seller,
PDX Inc., in the transaction was John Casburn
of Coldwell Banker Commercial Searcy Vasseur
Group-Fort Worth.
B&B Cockrell LLC has purchased 2,280 square
feet at 3701 Cockrell Ave. in Fort Worth, according to Xceligent Inc. Representing the buyer in
the $300,000 transaction was Transwestern-Fort
Worth, with Chris Stewart of Coldwell Banker
Commercial Searcy Vasseur Group-Fort Worth
representing the seller, E&J Wilson LP.
Clover III Properties LP has purchased 4,920
square feet at 5128-5136 W. Vickery Blvd. in Fort
Worth, according to Xceligent Inc. Representing
the seller, 109 Partners LLC, in the $375,000
transaction was Kirk Kelly of Transwestern-Fort
Worth.
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