Realtors association presents awards


Sue Sistrunk, a real estate agent and owner of Re/Max Associates No. 1 in Burleson, has been named the 2012 Realtor of the Year by the Greater Fort Worth Association of Realtors.

The award is based on outstanding service to the Realtors association and the person’s level of involvement with civic organizations, the Texas Association of Realtors and the National Association of Realtors.

“Sue Sistrunk is a phenomenal business woman, extraordinary community activist and dedicated volunteer,” said Sherry Matina, CEO of the Greater Fort Worth association. “She always gives 200 percent to everything she sets her mind to do.”

In addition, Phyllis Brown of Virginia Cook received the 2012 Marie Dayton Sheridan Realtor Spirit Award, and Michael Kelly of Alamo Title Co., received the 2012 Affiliate of the Year Award.

Commercial construction flat

Commercial construction was stagnant in the fourth quarter, according to the latest Construction Backlog Indicator report from Associated Builders and Contractors.

“CBI failed to rise during the fourth quarter of last year, a reflection of numerous factors including fiscal cliff fears, highly constrained public capital budgets and lackluster macroeconomic growth,” said Anirban Basu, chief economist with the association. “However, backlog did not decline, suggesting that nonresidential construction spending is likely to remain flat during the initial months of 2013 and then possibly trend higher during the latter part of the year.”

Construction backlog rose from the third quarter in the Northeast and the South, and slipped in the Middle States and West, the report shows.

The South reported the longest backlog of any region, 8.91 months, but has not improved during the past year. It was 8.92 months during the fourth quarter of 2011. Construction backlog in the West rose by 1.72 months in 2012, the most significant increase among all regions.

CBI is measured in months and reflects the amount of construction work under contract but not yet completed, by nonresidential contractors.

Williams Trew goes west

Fort Worth’s Williams Trew Sotheby’s International Realty residential real estate firm has expanded its services to Possum Kingdom Lake.

The firm has hired associates Kathy Lanpher and Lisa Neal to lead those efforts. Possum Kingdom Lake is about 90 miles west of Fort Worth in Palo Pinto County.

“Possum Kingdom Lake and its surrounding areas are a high-growth, dynamic collection of communities,” Williams Trew President Martha Williams said. “Lanpher and Neal have an established record of excellence, having served the Possum Kingdom Lake residential real estate market for many years combined.”

The firm said it is in the process of finding office space in the Possum Kingdom Lake region.

Transactions

808 Interstate 20, Arlington

Lumber Liquidators has leased 7,841 square feet of retail space. Jon McDaniel of NAI Robert Lynn represented the landlord. Brandon Anapol and Metro Commercial represented the tenant.

3629 E. First St., Fort Worth

First Street Properties in Dallas has bought a 32,170-square-foot office/warehouse space. Todd Hubbad of NAI Robert Lynn represented the buyer. Frank Jester, Jeff Givens and Amy Baker of Transwestern represented the seller, East First Properties.

6600 West Freeway, Fort Worth

Guanghui Inc. has leased 1,152 square feet of retail space. Jon McDaniel of NAI Robert Lynn represented the landlord. Sunet Group represented the tenant.

109 N. Chandler Drive, Fort Worth

Total Environment has leased the 47,915-square-foot former FedEx facility for its landscaping business. Gary Vasseur of Coldwell Banker Commercial Searcy Vasseur Group represented the landlord, SGD-121 FW. Bob LaBar of Hardworking Realty represented the tenant.

3116-20 Reagan Drive, Fort Worth

Salihu Properties has bought a 33,590-square-foot tract for an office/warehouse project. Chris Stewart and Gary Vasseur of Coldwell Banker Commercial Searcy Vasseur Group represented the seller, Wheat Family Interests.

201 Countryside Court, Southlake

Countryside Bible Church has bought 6 acres of vacant land from International Church Foursquare Gospel. Mark Howe of Howe/Wood Co. negotiated the deal.


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