Colliers Ownership Advisory Group's Phil Rosenfeld, Matt Thompson, and Allen Gump sold the last three buildings in a seven-building Mercantile Quaker Industrial portfolio within a year of receiving the assignment. The trio of properties are at 4812, 4821, and 4842 Top Line Dr and total 142k SF and are currently 84% occupied. The seven separately entitled properties totaled 278k SF of warehouse and office space and are located on 11 acres. The first four buildings were sold earlier this year to users and the last three were to a local investor, William Jordan. Matt and Phil also worked with Tom Pearson in the sale of two buildings for Marbenall Properties. Totaling 47k SF in the Stemmons Corridor, one is a 28k SF industrial facility at 8710 Empress Row. It was purchased by Jerald Johnson, CEO of Hydro Temp. Glacier Commercial's Shannon Owens repped the buyer. The trio also sold a 19k SF building at 8918 Governors Row in Dallas to JPA Capital, owned by Jerry Pham, who also runs Texas Chalkboard, which will be occupying the building. *** Realty Income purchased a 579k SF industrial property at 2750 Regent Blvd in Irving. A wholly owned subsidiary of The Boeing Co, Aviall will continue to occupy the space. Transwestern's Tom Clarke brokered the off-market deal for the seller, 6505 Paramount Associates. *** Northmarq Capital arranged a $19M first mortgage financing for Oaks Hackberry Creek Apartments, a 432-unit multifamily at 6901 N SH 161 in Irving. NorthMarq's James Hoopes and Stephen Whitehead arranged financing based on a 10-year term and a 30-year amortization schedule through NorthMarq's relationship with Freddie Mac. *** In-N-Out Burgers purchased 1.2 acres on the northeast quadrant of Precinct Line Road and Airport Freeway in Hurst. Transwestern principal Lester Day, who represented the seller, tells us the site already included a QuikTrip. SRS Real Estate's Mark Newman represented the buyer. Lester is still marketing an additional 4.2 acres adjacent to the site. Lester also repped the buyer, the Potter/Purcell Trust, in the purchase of almost two acres at Hwy 1187 and Old 1187/Rendon Crowley Road in Crowley, across from the new Super Walmart under construction. Henry S. Miller?s Tom Grunnah repped the seller. The deal completes the assemblage of more than four acres of land. Lester now has more than 50 acres across the intersection from the new Super Walmart, which includes six corners either for sale or lease. *** Berkadia Commercial Mortgage closed 15 deals in Texas in June and July totaling more than $157M. Among the deals were two 221(d)(4) projects through the company's HUD FHA program with borrower Encore Multi-family. SVPs/branch managers Tim Nunan,Steve Mentesana, and Matt Greer of Berkadia's Austin office originated almost $14M in fixed-rate construction and permanent financing for Encore on Marlandwood, a Class-A garden-style apartment community in Temple. The second deal was an almost $13M fixed-rate construction and permanent loan for Encore on Pleasant Grove, also a Class-A apartment community, to be developed in Texarkana. Both new properties will feature high-quality amenities and green construction features. *** A local investor purchased the single-tenant Cash Store at the southeast corner of Skillman and Abrams in Dallas from Charter Holdings for an undisclosed amount. Fischer & Co's Mike Bauer and Chris Landers repped the buyer. Brad Rejebian at Frost Bank provided the financing. Gavin Kam of Net Realty Advisors repped the seller. *** The Greater Irving-Las Colinas Chamber of Commerce reports that an Irving hotel firm is transforming a vacant downtown Dallas office building into an all-suite hotel. The former United Fidelity Life Insurance Building at 1025 Elm St has been vacant for more than a decade when Lowen Hospitality Management bought it out of foreclosure and started to convert it into a Homewood Suites by Hilton Hotel. The first phase is to gut the old building and make preparations for redevelopment. Built in 1918, the 10-story high-rise originally housed the offices of Texas & Pacific Railroad. *** First Tennessee Bank, National Assoc purchased 8 acres of at 4203 W Royal Lane in Irving from KDC-Regent II Investments. CBRE's Ann Huntington represented the buyer. *** M & S Real Estate GMBH & Co purchased a 13k SF shopping center at 294 Uptown Blvd in Cedar Hill from Cedar Hill Village. CBRE's Jennifer Pierson, Beth Pierson, and Chris Bodnar represented the seller. | 
