Taco restaurant 3 Parrots Taco Shop, built around a surf/beach theme, has opened its third location, this one in the Beach Western Commons shopping center in Fort Worth.
The Baja taco shop has leased 3,412 square feet of space at 6650 N. Beach St. It also has restaurants in Benbrook and Granbury.Last year, Fuzzy's Taco Shop sued 3 Parrots owner Randy Broyles, saying he copied Fuzzy's concept and recipes. In April, a state district judge in Tarrant County dismissed the allegations against Broyles, who maintained that he did not steal recipes or other trade secrets from the kitchen of Fuzzy's Southlake restaurant. Broyles worked there for a short time while he considered buying a Fuzzy's franchise.David Zoller and Guy Grivas of the Weitzman Group represented the landlord.The restaurant offers fish and shrimp tacos, as well as other items like smoked brisket, smoked pork and chipotle chicken. It also serves breakfast tacos and burritos, as well as homemade salsa, guacamole and queso.N3 buys 8 holdingsSouthlake-based N3 Real Estate has paid Dallas-based St. Ives Realty $25 million for its Texas retail portfolio, the firm announced.The portfolio includes eight properties totaling 172,329 square feet in centers next to Wal-Mart Supercenters in Alamo, Dumas, Hereford, Weatherford, Red Oak and Sweetwater.N3 paid for the portfolio through its $250 million Retail Development Investment Fund.N3 has bought and developed more than 200 single and multitenant retail projects for national and local retailers across the U.S. since it was founded in 2004.Delinquencies downThe number of mortgage holders in Fort Worth-Arlington who are late on their loans continues to decline, dropping in July for the sixth consecutive month, according to CoreLogic research.The 90-day delinquency rate was 4.84 percent, down from the peak of 5.41 percent in January. The figure represents the percentage of loans that are more than 90 days late. The rate is down 0.2 percentage points from July of 2011.In Texas, the delinquency rate is 4.25 percent, down from 4.5 percent in July 2011. The nationwide rate in July was 6.71 percent, down from 7.23 percent in July of 2011, CoreLogic said.The Fort Worth-Arlington figure covers Tarrant, Johnson, Parker and Wise counties.Transactions1900 E. Division St., ArlingtonJasper Contractors has leased 29,650 square feet of industrial space. Mark Graybill and Matt Smith with Lee & Associates represented the landlord. Trend Smith with Mohr Partners represented the tenant.1125 W. Abram St., Arlington1125 West Abram Llc. has purchase the 5,400-square-foot office building. David Keal with Aubrey Keal Commercial Real Estate negotiated the deal. The building was sold by the Hsueh family.6851 Wichita Ave., Forest HillSouthside Christian Center has sold its facilities to Bethany Church of Fort Worth. Gene Livens with Service Realty represented the seller. Southside Christian also sold its property at 6901Wichita Ave. to the city of Forest Hill.925 W. North Carrier Parkway, Grand PrairieKurz & Co. has leased 26,000 square feet of warehouse space in GSW Distribution Center 16 from BRE/TX Industrial Properties. Brian Pafford with Bradford Commercial Real Estate Services represented the tenant. Matt Smith and Mark Graybill with Lee & Associates represented the landlord.1500 Heritage Parkway, MansfieldSouthern Shingle Supply has leased 23,000 square feet of warehouse space from JKC Enterprises. Nick Talley and Brian Scott with Bradford Commercial Real Estate Services represented the landlord. Buddy Turner with CRESA Partners represented the tenant.Have more to add? News tip? Tell us
