Go-cart facility planned for former bowling alley site in Arlington

Posted Monday, Nov. 11, 2013  comments  Print Reprints
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Virginia-based AMF Bowling Centers has sold the former AMF FunFest Bowling Lanes and Arcade at 1801 E. Lamar Blvd. in north Arlington to a California-based company that plans to operate a go-cart facility there.

Mark Hatcher, vice president of real estate for AMF Bowling, said he had no further details about the new owner.

AMF sold the property Aug. 19 to Cube Realty Holdings in Hillsborough, Calif., deed records say. A company representative did not return phone calls seeking comment on their plans.

The purchase was financed with a $2.1 million note with Texas Capital Bank, deed records said.

The 38,912-square-foot center was built in 1992, property records said.

Atlanta firm buys Arlington apartments

Stonemark Equities of Atlanta has bought the 250-unit Southern Hills Apartment Homes in Arlington.

Stonemark said it will invest $1.3 million to renovate the property, at 2624 Southern Hills Blvd. near Northeast Green Oaks Boulevard and Texas 360, and rebrand it as The Mark at 2600.

The deal closed Oct. 31. A price was not disclosed. Stonemark’s equity partner in the acquisition is 29th Street Capital in San Francisco.

Renovations will be made to the clubhouse, fitness center, pool, playground and exterior. New black appliances will be installed in every apartment, and many will get new countertops.

Orange Energy moving to Grapevine

Orange Energy is relocating to Grapevine and consolidating its headquarters and regional field office in December.

Orange Energy, a land services provider, and its law firm, Beckman, Cherkassky, Dean & Associates, have leased 5,817 square feet at 1900 Enchanted Way. Orange’s headquarters and legal department are moving from Hurst, its field office from Dallas.

Melanie Hughes and Sharon Friedberg of Bradford Commercial Real Estate Services represented the landlord, Capital Commercial Investments of Austin. Nick Talley of Bradford represented the tenant.

Orange Energy also has regional field offices in Colorado, Ohio, Pennsylvania and West Virginia, and three in Texas.

California self-storage REIT buys Arlington facility

Strategic Storage Trust of Ladera Ranch, Calif., has bought a 445-unit facility at 1712 W. Randol Mill Road and will rebrand the center as a SmartStop Self Storage, the company said.

The deal was part of a $27 million portfolio sale of facilities in Coppell, Weatherford and Midland, plus others in Alabama and Tennessee.

Transactions

1808 E. Division St., Arlington

ATC Freightliner has leased 10,000 square feet of industrial space. Mark Graybill of Lee & Associates represented the landlord, Stadium Division Properties. Jim Kelly of Champions DFW Commercial Realty represented the tenant.

900 W. Abram St., Arlington

The law office of Wes Dauphinot bought the former 3,000-square-foot Studio Works Photography building and is remodeling the space for the firm. David Keal of Aubrey Keal Commercial Real Estate represented the seller. Tony Dauphinot of Tony Dauphinot Real Estate Services represented the buyer.

2921 Lackland Road, Fort Worth

Southwest Architects has leased 1,200 square feet in Green Oaks Square. Dick Myers of Coldwell Banker Commercial Searcy Vasseur Group represented the landlord.

2750 113th St., Grand Prairie

Stelfast Inc., a distributor of fastener products, has leased 59,400 square feet. Matt Dornak and Cannon Green of Stream Realty represented the landlord, Prologis.

2501 109th St., Grand Prairie

Freight forwarder Harrah Industries has leased 24,128 square feet. Matt Dornak and Cannon Green of Stream Realty represented the tenant. Prologis is the landlord.

Sandra Baker, 817-390-7727 Twitter: @SandraBakerFWST

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