DALLAS-FORT WORTH, TX., June 8, 2012—X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S., Canada and Europe, announced today that Dallas-Fort Worth-based partner Venture Commercial has completed leases for Northern Tool + Equipment locations in Nebraska, Texas and Georgia. Houston-based X Team partner Baker Katz assisted with the Texas lease. X Team International Partner Clay Mote from Venture Commercial, serving as master broker for Northern Tool + Equipment, made the announcement.
Northern Tool + Equipment has filled a 15,142-square-foot box in Omaha, Neb., located at 7202 Pacific Street in 72 Pacific Plaza; a 15,142-square-foot box in Conroe, Texas, located at 2016 Interstate 45 North in the Pine Hollow Shopping Center; and a 15,585-square-foot box in Buford, Ga., located at 4125 Buford Drive in Lee’s Crossing Center.
X Team Partner and Master Broker Clay Mote represented the retailer in the Omaha deal, while the landlord, MarVon, LLC was self-represented. In Conroe, Mote and X Team Partner Jason Baker of Baker Katz represented the retailer, while the Houston office of the Weitzman Group represented the landlord, 9SC Associates. Mote also represented the retailer in Buford, while the landlord was self-represented.
To view and download a photo of Northern Tool + Equipment, click below.
X Team is an international alliance of retail real estate specialists with offices located in major cities throughout the U.S., Canada and Europe. X Team partners average more than 20 years of industry experience, with expertise in major markets worldwide, specializing in tenant, property and developer/landlord representation, workout services, property dispositions and retail investments. X Team services include transaction negotiation, portfolio analysis, lease valuations, acquisitions, and asset assessment and valuation. For more information, please visit www.xteam.net.
Venture Commercial Real Estate is recognized as a leader in retail brokerage services throughout Texas for its dedication to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, and income property sales. Additionally, Venture provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment division. As the D-FW partner of X Team International, Venture is able to serve its clients on a national scale. For more information, visit www.venturedfw.com.
Founded in December 2004, Baker Katz is one of Houston’s top full-service retail brokerage firms specializing in first-class tenant representation for some of the retail industry’s top national chains. The firm also provides project development and leasing, and investment sales services. For more information, please visit www.bakerkatz.com.
Northern Tool + Equipment, a multi-channel retailer doing business via retail, web, and catalog, supplies tools and equipment to serious DIYers and contractors. The vast majority of customers are male, ages 35-64, and are homeowners. The Northern Tool + Equipment customer is a serious, hardworking, no nonsense blue-collar man who works in a variety of situations, in his job and at home. He is independent, self-sufficient, and resourceful. Major segments that Northern Tool services include trades such as automotive, agriculture, and construction, and consumers with interests such as woodworking, hunting and fishing, and home improvement. For more information, please visit www.northerntool.com.