Business

UT Regents buy land in Fort Worth South near Moncrief Center

The University of Texas Board of Regents has acquired a 1.5-acre tract at Rosedale and Grainger streets, less than block north of UT Southwestern’s Moncrief Cancer Institute.

The board purchased the land in November from a private trust for the potential expansion of medical services in the area, said Karen Adler, a spokeswoman for the regents board.

The land is between Grainger and Jennings, and Rosedale and Oleander. The Moncrief Cancer Institute is at 400 W. Magnolia.

The Moncrief Cancer Foundation bought the land on Magnolia in 2010 for the cancer institute and gave the property to UT Southwestern, whose Harold C. Simmons Comprehensive Cancer Center has been affiliated with the Moncrief Center since 1999.

Restaurant pad sites sold

A vacant 1.9-acre tract along the Interstate 35W service road near Fossil Bluff Drive will become the site for two restaurants.

The property, 6750 Fossil Bluff Drive, has been divided and sold by Emerging Properties I, Ltd. in Grapevine. Tom Mitchell with DFW Commercial Realty Group represented the seller in both deals.

In December, a portion was sold to RDW Rudy’s FW, LP for the development of a Rudy’s Country Store and Bar-B-Q. Steve Ewing with Edge Realty Partners represented Rudy’s.

The other tract was sold in August to Kirshkav Investments, Llc., in Dallas, but the restaurant was not disclosed by the brokers. Christopher Miller with Dave Perry Miller & Associates/The Michael Group represented the buyer.

Ascension Properties buys buildings

Ascension Properties in Fort Worth recently purchased two properties, the result of a 1031 tax deferred exchange from the August 2014 sale of Ascension Point Condominiums in Arlington.

One of the newly acquired properties is an office building in north Fort Worth, built in 2004. Ascend Alliance sold the 20,100-square-foot building on Interstate 35.

Marty Rader with DFW Realty Partners represented the seller. Steve Fithian with Sperry Van Ness / Visions Commercial represented the buyer.

The other property is a 58,700-square-foot industrial building in Carrollton, sold by Beltwood I & II, Ltd. & Belmeade Tarpley, Ltd..

David Cook with Sperry Van Ness / David Cook Co. represented the seller. Steve Fithian with Sperry Van Ness / Visions Commercial represented the buyer.

Transactions

813 Brown Trail, Bedford

The Gospel Network has leased 1,525 square feet. Larry Dillon with Champions DFW Commercial Realty represented the landlord.

2317 Cullen St. Fort Worth

Metro Irrigation Supply Co. has leased 33,000 square feet from McDonald Enterprises. Gary Vasseur with CBC Searcy Vasseur Group represented the landlord.

825. N. Calhoun St., Fort Worth

Audi Fort Worth has leased 19,968 square feet from Hudgins Realty 1, Ltd. Tyler Branning with Keller Williams Realty represented the tenant. Gary Vasseur with CBC Searcy Vasseur Group represented the landlord.

4066 Kingsridge Drive, Fort Worth

The Church in Fort Worth has bought the 17,109-square-foot student ministries office building from McKinney Memorial Bible Church. Gene Livens with Service Realty represented the buyer.

721 Keller Parkway, Keller

Mink Lashes & Nail Bar has leased 3,303 square feet. Larry Dillon with Champions DFW Commercial Realty represented the landlord.

8111 Highway 287, Mansfield

Raymond’s Liquor Store has leased 5,500 square feet of retail space. Larry Dillon with Champions DFW Commercial Realty represented the landlord.

Sandra Baker, 817-390-7727

Twitter: @SandraBakerFWST

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