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Chicago-based investor Pearlmark has purchased Pleasant Creek, a 159-unit apartment property located on Pleasant Run Road in Lancaster. The apartment property is 98 percent leased. Pearlmark partnered on the acquisition with principals of Sinatra & Co. Real Estate, a Buffalo-based real estate investment, development and management firm. Marcus & Millichap arranged the sale by NAPA Ventures and financing was provided by Greystone.
An investor purchased a 5,600-square foot office building at 3712 Old Denton Road in Carrollton. The vacant property will be divided for new tenants. Younger Partners’ Carter T. Crow and Shawn Street brokered the sale by V-AID Group Inc.
ML Capital Ltd. has sold a 67,200-square-foot, 4-building warehouse project on 3.96 acres at 11455 Newkirk St. in Dallas, to Concord-Newkirk LP. Brian Pafford and Jason Finch of Bradford Commercial Real Estate Services brokered the sale.
An investor has purchased the Prospect Avenue Apartments, a 20-unit multifamily property on Prospect near Lakewood shopping center in East Dallas. Built in 1945, the property was totally remodeled last year. Greysteel’s Doug Banerjee, Boyan Radic, Andrew Mueller, Andrew Hanson, Scott Simon and Jack Stone arranged the sale.
Texas-based Multifamily Property Group purchased Smith Creek, a 192-unit multifamily community located just off Loop 12 Walton Walker in West Dallas. Chris Deuillet and Chandler Sims with CBRE brokered the sale.
An investor has purchased a 51,222-square-foot industrial space at 13910 Distribution Way in Farmers Branch. Stream Realty Partner’s Jamie Jennings and Andrew Rabinovich negotiated the sale.
Conley Group leased 17,981 square feet of space at Lakeview Center I on Belt Line Road in Coppell. Geoff Shelton and Marshall Mays of Holt Lunsford Commercial negotiated the lease with Grant Henson with Rockcap Commercial.
Lemcon USA Corp. has leased 12,629 square feet of warehouse space at 301 Leora Lane in Lewisville, from EastGroup Properties LP. Brock Wilson and Joe Santaularia of Bradford Commercial Real Estate Services negotiated the lease with Eric Crutchfield of Stream Realty Partners.
Terra’s Dancewear and Dallaswear LLC leased 8,055 square feet of commercial space at 11865 Forestgate Drive in Dallas. Tucker Cason at Mercer Co. negotiated the lease with Stephen Cooper at NAI Robert Lynn.
Revive Auto Hail Repair LLC leased 7,739 square feet of industrial space at 2387 Midway Road in Carrollton. David Wilganowski at Mercer Co. negotiated the lease with Mike Swartz at Firman Cook Realtors
Southloft LLC has leased 5,433 square feet of warehouse space in Woodlands Business Center Building 2 at 2007 108th St. in Grand Prairie. Michael W. Spain, Brock Wilson and Joe Santaularia of Bradford Commercial Real Estate Services negotiated the lease with Cassie Watts of Cresa Dallas Fort Worth LLC.
Archer Systems has leased 2,972 square feet at Cedar Ridge Office Park on Southlake Boulevard in Southlake. Geoff Shelton and Marshall Mays of Holt Lunsford Commercial negotiated the lease with Paul Blight with Glacier Realty.
Schneck Motor Co. has leased 2,238 square feet at 1200 Commerce Dr in Plano. Byron McCoy at Younger Partners negotiated the lease.
Vivint.SmartHome opened a new training facility in downtown Arlington at 200 North Mesquite Street, in the Vandergriff Town Center. Renee Efimoff with SCM Real Estate negotiated the lease with Blake Rogers with JLL.
Capital Online Data Service Inc. leased 2,002 square feet at 12655 North Central Expressway in Dallas. Jessica Cyphers and Linda Nguyen negotiated the lease for Hartman Income REIT.
Real estate editor Steve Brown compiles this list.