Sunday, January 23, 2022

Hold-Thyssen Assists Established Psychiatric Practice in Purchase of Professional Office for Future Expansion in Lutz, FL

 

Theresa Margaris

Lutz, FL --- Hold-Thyssen, Inc. recently brokered the $450,000 sale of a stand-alone professional office in the Van Dyke Professional Park, 17535 Darby Lane in Lutz. 

Transaction Specialist Theresa Margaris, who negotiated the transaction, said New Horizons Mental Health, LLC purchased the 2,500 square foot office building with spacious office suites for future expansion of its growing practice.  

  Trustee Management Svcs., LLC was the seller.

Stand-alone professional office
 in Van Dyke Professional Park
 17535 Darby Lane, Lutz, FL

The office building, constructed at the professional park in 2007, is located between Veterans Expressway / Suncoast Parkway and N. Dale Mabry Hwy, minutes to St. Joseph Hospital with easy access to Pinellas and Pasco counties and Tampa International Airport . 

Hold-Thyssen, Inc. provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide. 

 The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States

CONTACTS:

Richard J. Fisher, Vice President/Investor Services, Hold-Thyssen, Inc.

813-880-7100 ext303 rfisher@HoldThyssen.com

 

Robert P. Hold, Principal, Hold-Thyssen, Inc.

407-691-0505, bhold@HoldThyssen.com

 Beth Payan, Larry Vershel Communications Inc.

407-461-3781 beth@larryvershel.com  


JLL Capital Markets closes sale of KONE Industrial Facility in Allen, TX

Beth Copeland

 DALLAS, TX JLL Capital Markets closed the sale of KONE Industrial Facility, a two-building facility totaling 144,128 square feet of industrial and research space fully leased to KONE in the North Dallas suburb of Allen, Texas.

 JLL marketed the property on behalf of the seller, Sentinel Capital. Tradition Senior Living, LP acquired the asset.

Stephen Bailey

Constructed in 2016, KONE Industrial Facility is fully leased to KONE, one of the global leaders in the elevator and escalator industry.

KONE uses the facility for its Americas’ supply operations, major project engineering, R&D and other product support and installation functions.

The institutional-quality facility comprises a 121,852-square-foot industrial building with a 28-foot clear height, four dock-high doors, one drive-in door and a low office finish, along with a 22,276-square-foot, seven-story elevator test tower with 27 percent office finish.

 Situated on 6.18 acres, KONE Industrial Facility is at 460 and 500 Century Parkway in a highly desirable infill location with immediate access to Highway 75.

Dustin Volz
This coveted location provides easy access to two state highways, 121 (Sam Rayburn Tollway) and 161 (George Bush Turnpike). 

The immediate area is home to some of the most sought-after retail options in the area, including Waters Creek.

 The highly sought-after Dallas-Fort Worth industrial market continues its record-setting demand and absorption, which shows no signs of slowing down.

 KONE Industrial Facility is within the Northeast Dallas Industrial submarket, which is the largest submarket for manufacturing space.

According to JLL Research, this submarket had only 5.9 percent vacancy at the end of the fourth quarter of 2021.

Dom Espinosa 
 The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Stephen Bailey, Senior Managing Director Dustin Volz, Director Dom Espinosa and Analysts Wesley Gilmer and Beth Copeland.

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

Wesley Gilmer

About Sentinel Capital

Sentinel Capital, LLC formed in 2012 as an opportunistic real estate investment firm that specializes in the acquisition, development, management and disposition of commercial real estate properties located throughout Texas.

 Focusing on markets with long-term economic growth, Sentinel Capital is dedicated to a highly disciplined investment strategy across all real estate asset types, including: industrial, office, retail and multi-family. 

 

 CONTACT:

 

Kimberly Steele

 JLL Manager

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

jll.com.