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January 7, 2013 


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SOUTHEAST TEXAS ANNOUNCEMENTS:

 

INDUSTRIAL: Houston - Industrial Income Trust (IIT) purchased a five-property, 709,114 SF industrial portfolio including: 9830-9856 East Freeway (Eastport 8); 6323 Brookhill Drive (Lone Star 3); 552-598 Garden Oaks Boulevard (Pine Forest 18); 4601 South Pinemont (Pineway 1) and 3800-3898 West 11th Street. The HFF investment sales team representing the seller in the transaction was led by Rusty Tamlyn and Trent Agnew. 

 

 

INDUSTRIAL: Houston - International Paint, LLC has leased 64,405 SF of Industrial Space in Westland Business Park located at 14000 West Road. Matthew Baumann and Glynn Mireles of CBRE represented the tenant in the lease transaction. Adam Garrow and Roni Tate of GSL Welcome Real Estate Services represented the landlord, GSL Welcome Group.     

 

 

 

 

LAND: Cypress - The Anglican Church of St. Peter has purchased 3.22 acres of land located at 19923 Cypress Church Road. Vince Elder of Coldwell Banker Commercial United, Realtors represented the buyer in the transaction. Keith Edwards of Caldwell Companies represented the seller. 

 

 

 

 

OFFICE: Houston - A subsidiary of CapLease, Inc. has purchased The Reserve at Park Ten, a 145,114 SF, Class A office building located in Houston's Energy Corridor. Buyer representation was not disclosed. Bernard Branca, Jared Chua and Russell Ingrum of CBRE arranged the transaction on behalf of the seller, Principal Real Estate Investors  

 

 

 

 

 

 

CENTRAL/SOUTH TEXAS ANNOUNCEMENTS:
 

INDUSTRIAL: San Antonio - 3 Men Movers Self Storage, Ltd. has leased 18,900 SF of industrial office/warehouse space located at 302 Casa Blanca. The tenant was represented by Michael D. Hoover and John Cannon of DH Realty Partners, Inc. Bill Holder of DH Realty Partners, Inc. represented the landlord, Casa Blanca Ventures, LLC.   12/17

 

 

OFFICE: Austin - Ketra Inc. has leased 9,202 SF of office space at Barton Creek Plaza III, located at 3815 S. Capital of Texas Highway. The tenant was represented by Mike Wiley of Southwest Strategies Group. The landlord, Barton Creek Office II Inc., was represented by Troy Holme and Katie Ekstrom of CBRE Austin.  12/19

 

 

 

 

OFFICE: San Antonio - Cherokee Medical Services, LLC has leased 8,273 SF of office space at The Atrium Building located at 85 NE Loop 410. The tenant in the transaction was represented by Carl Salvato of CBRE San Antonio. The landlord, Brass Real Estate Income Fund II, LP, was represented by Jill Strauss of Magi Real Estate.    12/14

 

 

 

 

RETAIL: Pflugerville - Kirkland's has leased 8,500 SF at Stone Hill Town Center located at SH 45 and SH 130.  United Commercial Realty represented the tenant in the transaction. Rebecca Le and Josh Friedlander represented the landlord, NewQuest Properties.

 

 

 

STORAGE: Pflugerville - Marcus & Millichap Real Estate Investment Services, has announced the sale of All-Ways Storage, a 43,610 SF self storage facility located at 20607 Farm to Market 685. The seller was represented by Ellen Muskin, of Muskin Commercial, LLC in Austin, Texas. Brandon Karr of Marcus & Millichap's Fort Worth office represented the buyer, an institutional self storage investor.




NORTH TEXAS ANNOUNCEMENTS:

ANNOUNCEMENT: Dallas - Henry S. Miller Realty Services, LLC is proud to announce the recent promotion of Melissa "Missy" Hodges to Vice President of Marketing and Research Services.  Melissa is responsible for the company's overall corporate communications and research capabilities. She plays an integral part in the efforts to maintain and promote industry awareness and branding of the Henry S. Miller family of companies throughout Texas as one of the leading commercial real estate firms in the state.             

 

 

 

MULTIFAMILY: Weatherford - Marcus & Millichap Real Estate Investment Services has announced the sale of Weatherford Portfolio, a 52-unit multifamily property located at 213-214 Joyce Street and 2216 Marilyn Street. Boyan Radic of Marcus & Millichap's Ft. Worth office had the exclusive listing to market the property on behalf of the seller, a Florida based limited liability company.  The buyer, a local limited partner, was also secured and represented by Boyan Radic. 

 

 

OFFICE: Dallas - Colliers International North Texas announces the sale of 501 Elm Place, a nearly 190,000 SF landmark building in the heart of Dallas' West End District. Buyer representation was not disclosed. Creighton Stark and Ben Lurie of Colliers negotiated the transaction on behalf of the seller, a German investor group represented by International Capital. 

 

 

 

OFFICE: Plano - Concentra, Inc. has leased 26,945 SF at 5220 Tennyson Parkway. Searcy Ferguson with CBRE Dallas represented the tenant in the transaction. Michael Peinado with Lincoln Property Company represented the landlord, BRI 1849 Legacy, LLC.

 

 

 

 

RETAIL: Mesquite - Baceline Investments, LLC has purchased MJ Crossing, a REO neighborhood shopping center, at 1418 North Town East Boulevard. MJ Crossing features two, one-story buildings totaling 49,125 SF on 4.48 acres of land. The buyer purchased the land and the two buildings for an undisclosed amount. Jennifer Pierson and Beth Pierson of CBRE Dallas represented the seller, a Special Servicer on behalf of a CMBS trust.