Austin-based CWS Apartment Homes, a part of the CWS Communities firm, has bought the 350-unit Firestone Upper West Side at West Seventh and Henderson streets.
The property was sold by an investor fund of Behringer Harvard, an Addison-based real estate investment company, which has owned it since August 2005. The Firestone was built in 1997 by Phoenix Property in Dallas. It was among several projects in the 1990s that brought residential living back to the near west side, just outside the central business district. The complex has 11 buildings and encompasses a 12-block area.CWS Apartment Homes owns three other Fort Worth complexes, including the Marquis at Bellaire Ranch, Marquis at Stonegate and Marquis at Willow Lake, according to its website. CWS financed the deal with a $34.2 million note with Berkadia Commercial Mortgage, deed records show. The deal closed on Oct. 15.Irving property soldSkyWalker Property Partners in Arlington has bought a vacant 21,696-square-foot building on 1.5 acres in the Las Colinas Office Center and plans to renovate the building into office suites.The building, 3001 Skywalk Circle N. in Irving, was built in 1981 on a bluff overlooking the Las Colinas Urban Center. SkyWalker Property affiliate SCM will manage the new holding.Gary Walker and Renee Efimoff with SkyWalker Property represented themselves. Shawn Hall with Bright Realty Co. represented the seller, a Connecticut trust.School leasescampus siteChampions School of Real Estate has leased a location at the Village at Camp Bowie shopping center for its seventh Texas campus.The 3,589-square-foot space is on Camp Bowie Boulevard between Westridge and Winthrop avenues.Rick Ikeler with SRS Real Estate Partners and Henry Santamaria with Patrick Henry Properties represented the tenant. Easley Waggoner Jr. and Elizabeth Ellenwood with Venture Commercial Real Estate represented the landlord, Village at Camp Bowie L.L.P.Hillwood buysnear BaltimoreHillwood Investment Properties, a Perot company, and Brookfield Asset Management recently bought two Class A industrial buildings totaling 1.8 million square feet in the Baltimore area.One building is on 71 acres in the Broadlands Business Park in Elkton and the other is on 71 acres in Perryville.Hillwood is developing the 17,000-acre AllianceTexas project in north Fort Worth, the 4,474-acre AllianceFlorida and the 2,000-acre AllianceCalifornia. Transactions 800 Hamstead St., Fort WorthBonita Garden, Llc. in Frisco bought the 60-unit Amberwood Apartments out of foreclosure from City National Bank. The property was 10 percent occupied at the time of the sale. The new buyer plans to renovate the property. Mark Allen and Steve Fithian with Sperry Van Ness/Visions Commercial represented the seller. Thomas Hooke with Cantrell Co. represented the buyer.9617 Santa Paula Drive, Fort WorthWestside Pools and Service has leased 10,000 square feet to relocate. Chris Stewart and Nathan Vasseur with Coldwell Banker Commercial Searcy Vasseur Group represented the landlord, Young Partnership.3320-24 South Freeway, Fort WorthWalter Gomez and Israel Gomez bought a 30,500-square-foot tract to build a shop to repair large truck engines. Chris Stewart and Nathan Vasseur with Coldwell Banker Commercial Searcy Vasseur Group represented the seller, Wisch 2002 Revocable Trust.307 W. Seventh St., Fort WorthCastle Energy Management leased 6,643 square feet of office space. Kirk Kelly and Jay O'Jibway with Transwestern represented the tenant.3813 Alamo St., Fort WorthA Wish With Wings has bought a 2,107-square-foot building for its new offices. Gary Vasseur with Coldwell Banker Commercial Searcy Vasseur Group represented the seller, Fttj Holdings.Precinct Line and Cannon roads, HurstAmerican National Bank of Texas has bought a 1.3-acre tract from the Boy Scout Foundation, Longhorn Council, for a bank site. Brian Tobey with the Makens Co. negotiated the deal.Have more to add? News tip? Tell us
