Fort Worth Business Press, May 12, 2014 Vol. 26, No. 18

6 May 12 - 18, 2014 | fwbusinesspress.com courtesy of realty capital management Moviehouse & Eatery bound for Flower Mound Moviehouse & Eatery has been confirmed for the Lakeside DFW development in Flower Mound. The planned eight-screen movie th eater is illustrated on the far right side of this rendering. The Fort Worth Business Press obtains some of its Real Deals content through a partnership with Xceligent Inc., which provides real-estate information. Moviehouse & Eatery is coming to Lakeside DFW, Realty Capital Management LLC’s 150-acre, masterplanned, mixed-use community in Flower Mound north of Fort Worth. Construction is underway on the new 45,000-squarefoot movie theater that will feature eight auditoriums, a chef-prepared menu, wait staff and bar-lounge area. Moviehouse & Eatery, based in Austin, owns and is developing the property under Realty Capital Management’s master plan guidelines. Serving as general contractor is Blalock Building Co. At buildout, Lakeside DFW will have 2,200 multifamily units and 705,000 square feet of commercial space, carrying a collective value between $750 million and $1 billion. LEGACY SALONS & DAY SPA LEASES FORT WORTH SPACE Legacy Salons & Day Spa has leased 9,143 square feet at Overton Park Plaza, at Southwest Loop 820 and South Hulen Street in Fort Worth. The site is the company’s 10th Dallas-Fort Worth location. Neighboring tenants in the 463,000-square-foot shopping center include T.J. Maxx, PetSmart and Sprouts. Representing the tenant in the transaction was Carey Moen of SRS Real Estate Partners. MY FIT BODY BOOT CAMP FRANCHISE LEASES ARLINGTON SPACE A franchisee of California-based My Fit Body Boot Camp has leased space in Oakhollow Business Park in northeast Arlington. The franchisee, a U.S. military veteran identified as Recruit Combine LLC, relocated from Fairbanks, REAL DEALS A. Lee Graham Alaska, to be closer to his family. The 5,397-squarefoot fitness facility will open in June at 1220 Corporate Drive West. The lease was signed within 30 days of the franchisee contacting Judy Nitzinger of Coldwell Banker Commercial Alliance DFW to seek assistance in finding a local spot. After touring potential locations, the prospective tenant chose Oakhollow Business Park for its proximity to Interstate 30, Texas 360 and the University of Texas at Arlington, where he plans to enroll in business classes. The air-conditioned industrial space is expected to be retrofitted before June 1. The franchisee signed a longterm lease with Oak Hollow Partners LLC, represented by David Dunn of Sperry Van Ness/Dunn Commercial, also an Arlington-based commercial real estate firm. PARAGON SECURES LAST SPOT IN HERITAGE BUSINESS PARK Paragon Brokerage Inc. has leased 74,700 square feet at Heritage Business Park in Grapevine, pushing the corporate property to 100 percent occupancy. Paragon plans to relocate its headquarters, showroom and warehouse to the business park’s Building VII, 720 Industrial Blvd. Occupancy is planned for June 1. “There was so much competition for this space that it put the landlord in a good position. It was 30 days max from the initial showing to the lease signing,” said Michael W. Spain, senior vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services. The building space is split into 6,000 square feet of office space and the rest as warehouse. Tenant improvements will focus on expanding the showroom area for Paragon, a military exchange marketing organization. Paragon is relocating from its Southlake corporate headquarters. DAVIS CRANE BUILDING HEADQUARTERS IN IRVING Davis Crane Service is closer to finishing its new corporate headquarters in Irving. General contractor Speed Fab-Crete recently broke ground at the location, the company’s new 13,000-square-foot home base. Davis Crane supplies and operates hydraulic and conventional motor cranes. Located at 1212 N. Loop 12, the $2 million project includes a two-story building, new parking and paving, sidewalks and utilities. Construction is expected to be complete in December, with Callahan & Freeman Architects serving as project architect. Other team members include Civil Point Engineers Inc., Callahan Structural Engineers and Fratto Engineering Inc. SALES Baillargeon Realty LLC has purchased 9,000 square feet at 534 Aviator Drive in Fort Worth, according to Xceligent Inc. The seller, John M. Ragland and Pam Ragland, were represented by Jason Morahan and Ryan Cox of AirSpace in the $349,000 transaction. Gerald Auto Sales Inc. has purchased 17,750 square feet at 5213 Airport Freeway in Haltom City, according to Xceligent Inc. Representing the seller, RLB Auto Group, in the $670,000 transaction were Chris Stewart and Nathan Vasseur of Coldwell Banker Commercial See real deals u 7

Fort Worth Business Press, May 12, 2014 Vol. 26, No. 18 | Seite 6