Fults Commercial Complete Three Deals at Parkway Plaza
Fults Commercial recently completed three lease transactions at Parkway Plaza, a 2-building office complex totaling 136,677 square feet, in the Quorum/Bent Tree submarket.
November 28, 2011
FOR IMMEDIATE RELEASE:
FULTS COMMERCIAL COMPLETES THREE DEALS AT PARKWAY PLAZA
Dallas, Texas, November 28, 2011 - Fults Commercial recently completed three lease transactions at Parkway Plaza, a 2-building office complex totaling 136,677 square feet, in the Quorum/Bent Tree submarket. Fults Commercial represented Merit Texas Properties, the owner of Parkway Plaza, in each of the following lease transactions.
Gerdes, Henrichson & Associates expanded their existing lease by 1,962 square feet bringing their presence in Parkway Plaza I to 18,470 square feet. Gerdes, Henrichson & Associates specializes in providing architectural/development services to multi-unit rollout clients. Their clients include Maggiano’s, Bone Daddy’s, Macaroni Grill, Chili’s and TGI Fridays. Louis Weber of Fults Commercial worked directly with the tenant to negotiate the lease expansion.
ARA National Seniors Housing Group signed a 1,072 square foot renewal and 156 square foot expansion lease. They now occupy 1,228 square feet in Parkway Plaza II. ARA National Seniors Housing Group is part of Apartment Realty Advisors (ARA), one of the largest, privately held, full-service, investment advisory brokerage firms in the U.S. that focuses exclusively on the multihousing industry. Louis Weber of Fults Commercial worked directly with ARA National Seniors Housing Group to negotiate the lease renewal and expansion.
O’Boyle Properties renewed its existing 4,656 square foot lease and expanded into 1,072 square feet at Parkway Plaza II. Bob Buell, Louis Weber, and Rena Chappell of Fults Commercial negotiated the lease directly with O’Boyle Properties.
ABOUT FULTS COMMERCIAL
Fults Commercial was founded in 2008 by Tracy Fults and Bob Buell. Their vision to grow a commercial real estate business based on a set of core values of honesty, hard work and attention to detail has proven successful. Both principals are natives of Dallas with powerful heritages in the commercial real estate business. They have decades of experience performing an array of brokerage services including landlord representation, tenant representation, and acquisition and disposition services.
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