Karina Ramírez: Voertman’s sold to out-of-state investment group

Comments () A Text Size

Paul Voertman, former owner of the the iconic Voertman’s Bookstore, described the store that his father, Roy, started as a general store with “a little bit of a lot of things and someone to help find it.”

The bookstore and additional retail concepts on West Hickory and West Oak streets near the University of North Texas were sold to an out-of-state investment group April 30.

Blake Shipp, vice president with the commercial retail division of The Weitzman Group, handled negotiations for the seller, Nebraska Book Co., in cooperation with GA Keen Realty Advisors of Melville, N.Y.

The sale involved a number of adjacent retail, apartment and commercial buildings, which incorporate a total of 37,951 square feet, a press release said. Voertman’s occupies 29,900 square feet.

The name of the buyer was not disclosed. Officials with Voertman’s could not be reached for comments.

Roy Voertman opened the bookstore in 1925, according to Denton Record-Chronicle archives. After his death, Paul Voertman ran the store until 1990. When he retired, he sold the store to Nebraska Book Co., one of the nation’s largest used textbook wholesalers.

In 2011, Paul Voertman, a longtime supporter of the University of North Texas, announced he planned to leave an estimated $8 million to UNT in his will for scholarships.

A Highland Village home placed on auction sold for $715,000.

The five-bedroom, five-bath house was auctioned at 3 p.m. Thursday.

John Marshall of the public relations firm Marshall & Associates, which helped with the sale, said in an e-mail that eight registered participants put down $25,000 in order to bid, as requested by the auction group company.

The auction was conducted by the National Auction Group Inc. of Gadsden, Ala., which specializes in the auction of high-end properties.

The property was appraised in 2012 at $782,234, according to Denton Central Appraisal District records.

Jada Enterprises acquired the George W. Bush Presidential Library’s former holdings building, located at 1725 Lake Pointe Drive in Lewisville. Jada Enterprises bought the building from Lincoln Property Co. GSA, LLC.

Located in Lewisville’s tech center, the 84,410-square-foot facility sits on about 5.6 acres. It includes about 23,630 square feet of office space, another 36,308 square feet of production space and about 26,202 square feet of warehouse space, a news release said. The building was built in 1998.

Dan Spika with Henry S. Miller represented the buyer and Michael Peinado with Lincoln Property Co. represented the seller.

 

Congratulations

Texas Health Presbyterian Hospital Denton earned the Leapfrog Group’s “A” grade for patient safety, according to a news release.

The LeapFrog Group is Washington, D.C.-based employer-driven hospital quality watchdog that provides grades to hospitals based on their safety in preventing errors, infections, injuries and medication mix-ups.

Stan Morton, hospital president, said in a statement that staff are encouraged to contribute ideas on how to better care for their patients.

“We appreciate the feedback that public report cards provide on how we care for individuals in our community each day,” he said.

In addition to Texas Health Denton, “A” grades were also provided to other Texas Health hospitals including Arlington, Azle, Cleburne, Fort Worth, Hurst-Euless-Bedford, Plano Southwest Fort Worth and Stephenville. Texas Health hospitals in Allen, Dallas and Kaufman were graded a “B,” still above most hospitals in the country.

Denton Regional Medical Center and Medical Center of Lewisville also received an “A” grade, according to the report.

For more information, visit www.leapfroggroup.org and www.texashealth.org/denton.

For the second straight year, Averitt Express was recognized by Chevron Lubricants with the Carrier Recognition Award.

Chevron recognized the full-service transportation provider for its dedication customer service, a news release stated.

The customer service award is given to carriers that achieve “on-time” ratings of 90 percent or better for pickup and delivery of goods, with strong survey results from the locations they serve, officials with the company said.

Averitt Express offers service throughout Denton County and many cities in Texas.

For more information, visit www.averittexpress.com.

Texans may be feeling a bit more confident in the economy, according to the state comptroller’s Weekly Economic Outlook report.

The Texas region’s consumer confidence index increased by 17.4 points to 105.8 in April. The figure is 17.8 percent higher than a year ago, the comptroller stated.

Nationally, the U.S. consumer confidence index was 68.1 in April 2013, up 10 percent from March, and 0.9 percent lower than one year ago, the report showed.


Coming up

Title Boxing Club Denton will have an open house from 7:30 p.m. to 9 p.m. Friday at 725 S. Interstate 35E. For more information, call 940-293-5060.

The Lake Cities Chamber of Commerce will host a “Leads Over Lunch” gathering from 11:30 a.m. to 1 p.m. Friday at Texas Land & Cattle, 8398 S. Stemmons Freeway in Hickory Creek.

For more information, visit www.lakecitieschamber.com.

Lucy’s Mom’s on Main in Aubrey will host the fourth annual Classic Car Show from 11 a.m. to 3 p.m. Saturday.

The car show will feature 32 classes of classic vehicles, the Denton County Fallen Soldiers Memorial Wall, antique tractors and farm equipment, as well as live music, food and craft vendors.

The event will benefit Vietnam Veterans of American Green Valley School Project.

For more information, visit www.momsonmain.com.

Cumberland Presbyterian Children’s Home will be hosting its inaugural Champions for Kids Golf Tournament on May 28.

The golf tournament will be at Trophy Club Country Club, 500 Trophy Club Drive.

Funds raised will help Cumberland care for vulnerable children and families throughout North Texas.

Cost is $125 per player and $450 for teams. The cost includes greens fee, golf cart, catered breakfast and lunch, as well as complimentary round of golf at the club. A prize will be awarded to the first-place team.

Participants will be also be able to win a Hole-in-One Ace Adventures Vacation at Village of Pinehurst in North Carolina; Firestone Country Club in Akron, Ohio; or Barton Creek Resort & Spa in Austin.

For sponsorship details and information, contact at 940-382-5112, ext. 258, or e-mail ldennis@cpch.org.

KARINA RAMÍREZ can be reached at 940-566-6878 and via Twitter at @KarinaFRamirez.


Comments
DentonRC.com is now using Facebook Comments. To post a comment, log into Facebook and then add your comment below. Your comment is subject to Facebook's Privacy Policy and Terms of Service on data use. If you don't want your comment to appear on Facebook, uncheck the 'Post to Facebook' box. To find out more, read the FAQ .
Copyright 2011 Denton Record-Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.