Price: 350000 /Year 4510 Main - 50,000 SF - Houston, TX
Broker: David Greenberg Company: Greenberg & Company |
Price: Call for price 6.079 ACRES FOR SALE - The Woodlands Submarket Company: JBEARD |
Price: 13.00 PSF 11380 Westheimer - Woodland Park Shopping Center - 15,000 SF - Houston, TX Broker: Jordan Walker Company: NAI Houston |
Price: $3,740,000 Dome Church - 57,000 SF Houston,TX Broker: Christina Hipps Company: International Church Realty |
Price: Call for price 3200 Wilcrest, Westchase III - 1,404 SF - 6,254 SF Houston,TX Broker: Robert L. Cullum Company: Asset Plus |
Price: Call for price high ceilings | loading docks - Retail For Lease Company: Winzor Group |
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CENTRAL / SOUTH TEXAS ANNOUNCEMENTS:
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| ANNOUNCEMENT: Austin - CBRE announces the addition of Josh Cameron to the Austin office as a senior vice president of the Land Services Group. Josh's career gross sales production and transaction experience tops $650 million. Josh entered the real estate market selling rural ranches at First United Realty in Arizona. Most recently, Josh actively worked in both the Austin and Phoenix markets at Market Maker Realty and Investments (Austin) and Phoenix West Commercial. He is a Certified Commercial Investment Member (CCIM) candidate, currently serves on the membership committee for the CCIM Austin chapter and is a member of the Urban Land Institute. |
 
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| HOSPITALITY: Austin - An affiliate of Hyatt Hotels Corp. has purchased the 189-room Driskill Hotel in Austin's central business district for nearly $85 million or $449,735 per room. Hyatt will maintain the Driskill name under its hotels and resorts umbrella. Jones Lang LaSalle's Hotels & Hospitality Group represented the seller an investment fund managed by Lowe Enterprises Investors. The buyer's representative was not disclosed. |
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| INDUSTRIAL: Austin - ACS Communications, Inc. has leased 22,046 SF at Brockton Business Park, Building 2 at 2535 Brockton Drive. Will Nichols and Sam Owen of Stream Realty represented the landlord in the transaction. The tenant was represented by Nate Strickland and Brandon Megal with CB Richard Ellis. |
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| MULTIFAMILY: San Antonio - The Kroenke Group has purchased the Manor at Castle Hills apartments in San Antonio, TX, from private investors. There 15-building complex is at 1835 Lockhill Selma Road in the north central submarket. Built in 2001, there are a total of 306 units on 13.87 acres. Will Balthrope, Drew Kile and Scott Lamontagne of Marcus & Millichap advised both parties. |
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| SPECIAL PURPOSE: Round Rock - Church of the Harvest has leased 2701 Gattis School Rd., Suite B 103, Round Rock. The building occupies 5,000 SF. Stephanie Timmons of Don Quick & Associates, Inc. represented the tenant and Darren Quick of Don Quick & Associates, Inc. represented the landlord. |
NORTH TEXAS ANNOUNCEMENTS:
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| ANNOUNCEMENT: Dallas - SRS Real Estate Partners welcomes Janie French as senior business development manager in the Dallas headquarters office. French is returning to SRS having previously worked with Staubach Retail Services for 18 years where she carried a variety of different roles throughout those years including a special focus on business development, research and marketing. Most recently, she was the director of marketing and communications at United Commercial Realty. French will work with the marketing and business development team to support and facilitate business development initiatives. Her responsibilities will include building and maintaining business development presentation modules and national business prospecting materials, as well as keeping a pulse on internal and external data to develop strategies for multi-market, multi-service, and large account pursuits. |
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| INDUSTRIAL: Saginaw - Fast Fabricators has secured an 18,683 SF industrial lease at 800 Burlington Road, Saginaw. Becky Thompson of Lee & Associates represented the Landlord, Burltex Partners, in the transaction. The Tenant's representative was not disclosed. |
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| LAND: McKinney - James Johnston, real estate developer, has purchased 3.01 acres of land on Hudson Crossing just south of Eldorado Parkway in McKinney. The two parcels are adjacent to Eldorado Crossing Office Park and Johnston has plans to develop medical and professional office condominiums. The seller, Irving-based Realty Capital Management, LLC, was represented by Mark Boone, Director of Commercial Sales and Leasing for Realty Capital Management. The buyer's representative in the transaction was not available. |
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| LAND: Dallas - Houston based InTown Homes has purchased 4 acres of multi-family land at 2127 Canton Street and Pearl in Downtown Dallas that is now under construction as the largest fee simple residential development in Downtown Dallas in over 60 years called the Farmers Market Square. Dallas broker Randall Turner with Harvard Companies, Inc. represented both Wells Fargo Bank, Seller and the Buyer in the transaction. |
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| OFFICE: Irving - Texas Prince Properties has purchased Crestwood Center, a 75,000 SF office building located at 1200 W. Walnut Hill Road in Irving. The building is positioned within the rapidly improving Las Colinas Office Center. Creighton Stark and Ben Lurie in Collier's Capital Markets Group represented the seller, Austin-based Capital Commercial Investments. The buyer's representative was not disclosed. |
SOUTHEAST TEXAS ANNOUNCEMENTS:
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| ANNOUNCEMENT: Houston - JLM Commercial Advisors announced that Mary Jo Giammalva has joined the firm as Senior Vice President. Giammalva joins JLM Commercial Advisors after 14 years with Weingarten Realty Investors where she oversaw the marketing and leasing of its entire Houston Industrial portfolio of over 6.5 million square feet. Her work included structured lease transactions, building and land sales as well as build-to-suit transactions. In her new role, Giammalva will partner with President Lane Guinn to focus on corporate and tenant services, representing end-users, buyers and sellers of industrial and office properties in Houston and throughout Texas. |
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| INDUSTRIAL: Houston - Quasar Land, Ltd. has purchased a 16 acre heavy industrial stabilized yard site with over 94,000 SF of office and warehouse buildings at 6800 Helmers Street in Houston, Texas. The seller, Hanson Pipe & Products, LLC, was represented by Blake Gibson of Colliers International. Clay Pritchett of NAI Houston represented the purchaser, Quasar Land, Ltd., in the transaction. |
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| LAND: Houston - Sandcastle Homes has purchased a 2.2 Acre tract of land located on W. 26th Street in the Shady Acres area. James Kadlick of McAlister Real Estate represented the seller The Home Depot and Chris Hutcheson of McAlister Real Estate represented Sandcastle Homes in the transaction. |
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| MULTIFAMILY: Houston - A private investor has purchased the Villa Monterrey, a 268 unit Apartments property located at 9445 Concourse Drive in Houston. The asset commanded a list price of $4,000,000. The Buyer plans to perform an extensive rehab on the property to include both exterior and interior improvements. Jeffrey Fript, Marcus & Millichap's Houston office and Evan P. Kristol and Still Hunter III, in Marcus & Millichap's Ft. Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer, a private investor, was also secured and represented by Fript. |
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| RETAIL: Spring - A private investor has purchased The Antique Gallery of Houston building, an 82,952 SF property located at 21127 Spring Towne Drive in Spring. The asset commanded a list price of $2,875,000. Jerry Goldstein, a First Vice President Investments in Marcus & Millichap's Houston office, had the exclusive listing to market the property on behalf of the seller, a partnership. The buyer was also secured and represented by Goldstein. |
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REDNews PICKS OF THE WEEK
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