9Round Makes First Foray Into Carrollton, Texas

CBRE announces that 9Round, the world’s fastest-growing 30-minute kickboxing fitness studio, has signed a lease for 1,200 square feet at 1517 W. Hebron Parkway in the Victory Shops II at Hebron retail center in Carrollton.

9Round offers members a 30-minute, full-body workout with personal trainers to provide guidance through each of the 9 rounds. Each workout consists of cardio, weight training, abdominal exercises and kicks and punches on 100-pound, double-end, upper cut and speed bags. Expert nutritional guidance with meal plans along with progress tracking are available through the fitness studio’s online member portal. There are no class times as workouts begin every 3 minutes and change on a daily basis.

Co-owners Jordan Scott and Kyle Redinger bring a unique skill set to the 9Round franchise, as they are both former professional baseball players with the Houston Astros organization.

“With over 500 locations nationwide, 9Round is an incredibly fast-growing business and they will have great success at this new location in Carrollton,” said Andrew Barnes, Associate, CBRE Retail Services. “Located near the intersection of Highway 121 & Hebron Parkway, the new location will have ideal visibility from a high-traffic area, which will increase market exposure for their brand. I am excited for the future ahead for 9Round Victory Shops II at Hebron.”

The studio is set to open in December. Membership pre-sales are available now through the 9Round website. This will be Mr. Scott’s second 9Round location in the Dallas-Fort Worth Metroplex. He also owns the 5017 W. Plano Parkway location in Plano, Texas.

“We are excited to expand our business into the Carrollton market,” said Mr. Scott. “We saw a need for fitness studios in the area that work with every type of schedule and we are excited to offer Carrollton residents the opportunity to experience all that a fun and high-energy 9Round workout has to offer.”

Mr. Barnes with CBRE in Dallas assisted with site selection and represented 9Round in lease negotiations.

 About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).  The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.

 

Seasoned Associate Arrives to Ramp-up Tenant Rep Specialty Group

DFW Lee & Associates, one of the largest privately owned national real estate firms, is proud to welcome Mike Ebbitt.  Mike transferred to the Dallas/Fort Worth office after working in the LA North Lee & Associates office for four years. During his time in the LA office, Ebbitt was one of the top producing associates.  “Everyone at Lee LA North is happy to see Mike finding a place within the Lee family and moving back closer to family, said Mike Tingus, LA North President.”  Ken Wesson, Lee & Associates DFW co-managing partner stated, “We are very excited to have Mike.  The DFW Lee & Associates office is committed to building an Office Tenant Representation Division and he will be a strong component of it.”

Ebbitt attended Texas A&M where he played football and graduated with a Bachelor of Science in Business and Psychology.  In his career, Ebbitt assisted clients with procuring new space, renewing existing space, expanding or purchasing their own building and negotiated successful transitions for premier tenants.   Within the Dallas/Fort Worth market Ebbitt will be representing tenants and owner-users along the tollway in the North Dallas corridor.  “I’m excited to be back in the great state of Texas.  I will be continuing my mission to add the highest possible value to my clients’ real estate transactions, while helping them find the perfect space”, said Ebbitt.

Lee & Associates is the largest broker-owned firm in North America with 57 locations across the United States. With more than 850 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level.  Lee & Associates Dallas/Fort Worth was established in 2006 and is widely recognized as one of the most dynamic firms in Dallas/Fort Worth.  For the latest news from Lee & Associates, visit leedallas.com or follow us on FacebookLinkedIn,  and Link our company blog.

Lee & Associates Dallas/ Fort Worth Promotes Reed A. Parker to Principal

 DFW Lee & Associates, one of the largest privately owned national real estate firms, has just announced the promotion of Reed A. Parker from director to partner.  “Reed has spent many years understanding the local industrial market as well as many of the key industrial markets around the country.  This market experience along with his detailed transactional work provides a unique value to his clients.  It is only natural that he expand and include leadership in the growth and improvement of the company,” said Trey Fricke, Lee & Associates Dallas/Fort Worth co-managing principal.

Parker joined the Lee & Associates Dallas office in 2011 specializing in industrial tenant representation and corporate services for users and tenants of local and multi-location national companies. During Reed’s tenure in industrial real estate, he has represented local, national and international tenants fulfilling requirements in the DFW market along with 40+ other industrial markets throughout North America.

DFW Lee & Associates was established in 2006 and is focused on the vibrant and rapidly growing DFW Metroplex. We provide the best, most intuitive brokerage experience available. We provide superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients.  Our dedicated team of professionals has a proven track record of providing clients with strategic and creative problem-solving solutions for their real estate requirements.   For the latest news from Lee & Associates, visit lee-associates.com or follow us on FacebookLinkedInTwitter and Link our company blog.

JLL secures sale of North Texas industrial asset

Market demand drives industrial acquisition in Richardson, Texas

Dallas, November 9, 2017 – JLL announced today the firm has successfully negotiated the sale of an 82,445 square foot industrial asset. The property is located at 1301 Apollo Road in Richardson, Texas near US Highway 75.
 
JLL Craig Phelps represented the buyer, Baker Triangle, in the transaction. NAI Robert Lynn’s Kimberly Mathis, Michael Stanzel and John Simons represented the seller, The Richardson Trident Company.
 
Dallas’ industrial market remains below its historic vacancy numbers at 7.3% in 2017 with 12.9 million square feet of absorption through Q3,according to JLL Research.
 

McKinney’s Craig Ranch gears up for new $120M corporate magnet

The McKinney Corporate Center at Craig Ranch will soon get a new $120 million corporate magnet, which includes a restaurant park, urban-style residences, retail and a hotel, with the help of a new developer to the project.

The 22-acre mixed-use development, called Hub 121, has been envisioned for Craig Ranch since its inception, and could bring additional businesses to the sprawling master-planned community, said developer David Craig.

“This is a tremendous addition for Craig Ranch, and corporate America tells us it wants eateries and drinkeries within walking distance to headquarter locations,” Craig said in a prepared statement.

Click to read more at Dallas Business Journal. 

$150M flagship hotel for Texas Live! gets underway in Arlington

A new $150 million flagship hotel — Live! by Loews — and convention center at Texas Live! officially got underway on Wednesday in Arlington. The facility will bring hundreds of hotel rooms within walking distance of Texas Rangers’ Globe Life Park and the Dallas Cowboys’ AT&T Stadium.

The 14-story, 302-room hotel is part of a $4 billion vision being developed by The Cordish Cos., and is expected to bring $100 million per year in economic impacts to Arlington and Tarrant County during its first 40 years.

The dream of bringing a luxury resort convention hotel to Arlington became a reality with the official groundbreaking ceremony on Wednesday, said Mayor Jeff Williams.

Click to read more at Dallas Business Journal.