News Archive | 2007
Sale to CVS Pharmacies
December 2007
The Makens Company today announced the completion of the sale of 1.6 acres by Cullinan Properties to CVS Pharmacies’ preferred developer Armstrong Development. The Makens Company’s Senior Associate Cory Darden represented the seller in the transaction.
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Connected Development Purchases 17.9 Acres
April 2007
Connected Development Services has purchased 17.9 acres in Mansfield from Mansfield SAM LP. The property will be used for the development of a retail power center. R. Copley Broer, Senior Associate of The Makens Company, represented the seller in the transaction. Terry Syler of the Retail Connection represented the buyer.
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Sale for Redevelopment in Downtown Dallas
March 2007
Brian Tobey, Senior Associate at The Makens Company, announces the completion of the sale of several buildings that take up the partial block between Elm St. and Main St. along Akard in downtown Dallas. The buildings will be redeveloped into multi-family apartments and condos with first floor retail space including CVS Pharmacy. Mr. Tobey represented the buyer in the transaction.
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UICI World Headquarters Redeveloped
January 2007
The Makens Company is pleased to announce the completion of the redevelopment of the UICI world headquarters into a mixed-use area in North Richland Hills, Texas. UICI is a publicly traded company and one of the countries largest insurers of individuals and the self-employed. UICI hires the Makens Company to consult on the redevelopment of its old corporate headquarters. After two years of intense work with tenants, TXDOT, the cities of Hurst and North Richland Hills, and various economic development corporations, the project has been successfully completed. The former office site has been redeveloped into restaurant, office, and retail space featuring such tenants as Johnny Carinos Italian Restaurant and the headquarters of the Lone Star Chapter of the Boy Scouts of America.
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