DALLAS, Texas, December 7, 2004 – Hibernia National Bank has purchased 1.39 acres of land from Central Harwood Properties, LLC at the intersection of FM 1709 and State Highway 377 in Keller, Texas. Stan Lotridge of United Commercial Realty handled the transaction for Hibernia National Bank and David Sacher at The Retail Connection represented Central Harwood Properties.
DALLAS, Texas, December 7, 2004 – Wachovia Bank has signed a ground lease for 80,000 square feet of land from Melvin & Martindale, Ltd. at Town Center Colleyville, located at the southeast corner of Hwy 26 and Hall Johnson in Colleyville, Texas. Robin Smith and Max Miller of United Commercial Realty handled the transaction for Melvin & Martindale, Ltd. Mark Newman and Clay Smith of Staubach Retail Services represented Wachovia.
DALLAS, Texas, December 7, 2004 – Compass Bank has purchased a 1.0 acre tract of land from The Barclay Group at the intersection of Virginia Parkway and Stonebridge Drive in McKinney, Texas. Jim Jamerson of United Commercial Realty represented the sale with Jack Stewart of The Barclay Group while Mack House and Andy Edwards of NAI Stoneleigh Huff Brous McDowell represented Compass Bank.
DALLAS, Texas, December 7, 2004 – Lowe’s has leased 109,972 square feet of retail space from Wal-Mart Stores at the southwest corner of Hwy 183 and Beltline in Irving, Texas. Lowe’s intends to utilize the subject space to expand the adjacent former Kmart location to accommodate a new prototypical Lowe’s Store. Lou Miranda and James Mason of United Commercial Realty represented Wal-Mart Stores in the transaction.
DALLAS, Texas, December 7, 2004 – Express Fitness has signed a 21,157 square foot lease for Spring Creek Marketplace at the northwest corner of Coit Road and Spring Creek Parkway in Plano, Texas. Jim Jamerson of United Commercial Realty represented the landlord, The Tabani Group, and Joyce Frazier of Commercial Real Estate Services represented the tenant.