Top Deals of 2013
The year has come to a close and we have closed over $18,000,000 in new business. Our in house leasing agents and third party agents worked hard to bring excellent tenants to our properties. To celebrate the success of our agents and the tenants that came to us in 2013, I have put together a list of the top deals with the top five leases signed in 2013.
#5 – Prince Minerals
Coming in at number five in our top deals of 2013, Prince Minerals is a leading global manufacturer and distributor of value-added mineral based products, engineered additives, and specialty coatings for numerous industrial and agricultural applications. Our mission is to continue building a preeminent value-added manufacturing and distribution company across targeted industries based on customer support, technical expertise, and continual improvement of our facilities and capabilities.
This lease was signed in June and for a total of 63 months. Prince Minerals is now a tenant of 15355 West Vantage Parkway with a total of 11,839 square feet. Johnathan Hicks, with Davis Commercial, represented the Tenant, Prince Minerals and Michelle Wogan, with Transwestern, represented the Landlord, Hartman Income REIT.
#4 – Firecrust Pizza
Firecrust’s will have a line that will allow diners to create pizza with customized toppings. Two wood-fired pizza ovens cook the pizzas at 900 degrees in 90 seconds. Customers can watch the employees hand-toss their dough, then choose from toppings of their choice. Firecrust’s menu will also feature salads, craft beer and wine.
Firecrust Pizza signed their lease in July and now are tenants at 6505 West Park Boulevard in Plano, Texas. With a total of 2,935 square feet and a lease term of over ten years, Firecrust Pizza makes our top deals list as the number 4 lease of 2013.
#3 – Five Star Cafe
Five Star Cafe will be located at 740 North Coit Road in Richardson, Texas. With a total of $14,672 square feet and a lease term of over ten years, Five Star Cafe makes the number three spot on our top deals list. Eric Deuillet, with Structure Commercial, represented the Landlord, Hartman Income REIT.
#2 – Buccaneer Energy
Buccaneer Energy Limited is a publicly traded independent oil and gas company listed on the Australian Securities Exchange under the symbol BCC. Our primary business is the exploration for and production of oil and natural gas in North America. Our current operations are principally focused on both onshore and offshore opportunities in the Cook Inlet of Alaska as well as the development of offshore projects in the Gulf of Mexico and onshore oil opportunities in Texas and Louisiana. Operationally we focus on the safety of our people, the security of our assets and protecting the environment in which we work.
Buccaneer Energy has become a tenant at 11200 Westheimer in Houston, Texas. With a total of 20,565 square feet and a three year term, Buccaneer Energy comes to our list on number two for the top deals this year. Margaret Ann Cook, with Transwestern, represented the tenant, Buccaneer Energy, and Jennifer Rabon represented the Landlord, Hartman Income REIT.
#1 – BBVA Compass
BBVA Compass is a leading U.S. banking franchise with operations throughout the Sunbelt region and it ranks among the top 25 largest U.S. commercial banks based on deposit market share. BBVA Compass operates 688 branches in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas. It ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). In addition, BBVA Compass has been recognized as one of the nation’s leading Small Business Administration (SBA) lenders.
BBVA Compass tops our list as the biggest deal done in 2013. They signed a lease for 40,741 square feet for over five years for our location at 15355 West Vantage Parkway in Houston, Texas. Ron McWherter, with CBRE, represented the tenant, BBVA Compass, and Michelle Wogan, with Transwestern, represented the landlord, Hartman Income REIT.