Price: Call for price
Vista Rivershire Building
Broker: Debbie Beeson Company: Vista |
Price: Call for price
85,000 SF of Lease Space Available
Company: Silvestri Investments |
Price: Call for price
Industrial | Build-To-Suit
Broker: Alix Fox
Company: Qualified Properties |
Price: Call for price
Office / Retail Available
Broker: Jordan Walker
Company: NAI Houston |
Price: 2.50 PSF
Excellent Investment Opportunity In Missouri City
Broker: Joe Naaman
Company: Naaman |
Price: $2,900,000
Office Building For Sale
Company: First Warranty Realty |
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CENTRAL / SOUTH TEXAS ANNOUNCEMENTS:
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| INDUSTRIAL: San Antonio - Lennox Industries Inc. leased 14,761 SF of industrial space at Interwest Business Park in San Antonio, TX. Jason Schnittger and Michael Flowers of Stream Realty Partners represented the landlord, DRA Advisors. Joe Carroll of Cavender & Hill Properties Inc. represented the tenant in the transaction. |
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| INDUSTRIAL: El Paso - Kuehne + Nagel Inc. has expanded their lease from 28,000 SF to 73,000 SF of industrial space at 1325 Pendale, El Paso, TX with a 3-year renewal. Chad McCleskey with CBRE El Paso represented the tenant in the transaction. Michael Livingston with Best/White represented the landlord, Bre/Elps Industrial, LP. |
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| INDUSTRIAL: El Paso - Penske Logistics LLC has renewed their lease of 353,611 SF of industrial space located at 48 Walter Jones, El Paso, TX. Anthony Mash with CBRE El Paso represented the landlord, Tr Butterfield Trail Corp -- Invesco, in the transaction. The tenant's broker was not disclosed. |
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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 is pleased to announce that one of its brokers has been recognized by CoStar Group, Inc. as a Top Retail Leasing Broker in the Dallas/Fort Worth market for 2012. Congratulations to Rick Ikeler, senior vice president in the SRS Dallas office, for making the list. The CoStar Power Broker Awards are an annual recognition of the top brokerage firms and dealmakers for office, industrial and retail sale and lease transactions per market. |
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| INDUSTRIAL: Fort Worth - The Hillshire Brands Company has leased 31,875 SF of industrial space located at 4770 Mercantile, 120, Fort Worth, TX 76137. The Landlord, Mercantile Partners, was represented in the transaction by Brian Randolph. Allen Gump, Allyson Gump and Bob Chodos with Colliers International represented the tenant. |
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| LAND: Denton - J. Liu Property Co. has purchased nearly 33 acres of multifamily-zoned land in Denton County. The buyer was represented in the transaction by Wee-Ping Low of Providia Commercial Real Estate. Stephen A. Scott, senior vice president of Bradford Commercial Real Estate Services, represented the seller, C. D. Henderson Construction Group LLC, managing partner of a lenders' group. |
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| MULTIFAMILY: Lewisville - A private real estate fund out of Canada has purchased the Basswood Manor, a 212-unit multifamily property located at 1020 West Fox Avenue on a 15 acre lot in Lewisville. Al Silva, Vice President Investments in Marcus & Millichap's Ft. Worth office, had the exclusive listing to market the property on behalf of the seller, a Dallas partnership. The buyer was also secured and represented by Al Silva. The property was on the market for less than 30 days and attracted half-a-dozen offers from local and out of state investors. It was an all-cash transaction. |
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| MULTIFAMILY: Plano - Banner Apartments LLC has purchased the 194-unit Wellington at Willow Bend at 3200 Parkwood Blvd. in Plano, TX. The purchase price was $17.95 million. Matthew Schoenfeldt and Adam Herrin of HFF represented the buyer. The seller, Aspen Square Management, did not use a broker. |
SOUTHEAST TEXAS ANNOUNCEMENTS:
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| INDUSTRIAL: Houston - Barry Smith, Trustee has purchased an 18,850 SF industrial building located at 5411 Renwick Houston, Texas 77081. Barry Smith represented the buyer. Mike Spears & Jon Sellers of The National Realty Group represented the seller, Prisma Properties, LP. |
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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 in the transaction. |
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| INDUSTRIAL: Houston - Harris County Fresh Water Supply District #6 has purchased approximately 2.42 acres of commercial land located at 15904 Market Street & DeZavalla, Channelview, TX 77530. B. Kelley Parker, III, SIOR; John F. Littman, SIOR, MAI; Coe Parker and Tim M. Thomas of Cushman Wakefield represented the seller, Richter Family Partnership, in the negotiations. Billy Combs, CCIM, AIC of Combs Commercial represented the buyer. |
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| LAND: Houston - Ferguson Enterprises, Inc. has purchased an 8.015 acre land tract located at Bender Road in Houston, Texas 77032. John Nicholson of Cassidy Turley represented the buyer in the transaction. Steve Adkisson of The National Realty Group represented the seller, JBD Equipment, LLC. |
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| OFFICE: Houston - A joint venture between Songy HighRoads LLC and The Carlyle Group has purchased the Galleria Plaza, a 428,285 SF mixed-use complex in Houston, Texas. HFF investment sales team representing the seller, Chase Merritt and PCCP, was led by senior managing director Dan Miller and director Martin Hogan. The purchase price was confidential. HFF's debt placement team representing the buyer was led by senior managing director Wally Reid. In addition, HFF secured a three-year, 75 percent loan-to-value acquisition financing on behalf of the buyer through Bank of America Merrill Lynch - CMBS. |
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REDNews PICKS OF THE WEEK
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