May 7th, 2013



Featured Properties                           Click Here To View All Properties >>
 


Price: Call for price
Research Shopping Center
Broker: Peggy Rougeou
Company: Tarantino

 


Price: 19.50 PSF / year - gross
Sugar Land Plaza
Broker: Mark Gregory
Company: Asset Plus

 


Price: Call for price
+/- 16 Acre Heavily Stabilized Industrial Site
Broker: Clay Pritchett
Company: NAIHouston

 


Price: Call for price
10612-10692 Westheimer - Kaleidoscope - 2,952 SF - Houston, TX
Broker: Kenneth K.Y. Leung
Company: AA Realty

 


Price: $544,500
Land For Sale | +/- 12.5 Acres
Broker: Nathan Gaines
Company: Caldwell Companies

 


Price: Call for price
2102 Austin Street - 15,673 SF - Houston, TX
Broker: Adelle Shaw
Company: Shaw Interests

Deals & Announcements                                                       View More Deals >>
CENTRAL / SOUTH TEXAS ANNOUNCEMENTS:
ANNOUNCEMENT: Austin - Oxford Commercial is proud to announce that they have promoted Ted Doucet to Senior Vice President. Along with Doucet's many accomplishments as a commercial real estate broker, he was recently awarded as Oxford Commercial's 2012 Top Producer. Doucet primarily focuses on tenant services, and helps clients locate and negotiate for the lease or purchase of office space. In 2012, Ted completed 28 transactions totaling over 256,205 rentable square feet serving clients like SailPoint, New York Life - Long Term Health and Quality Systems Inc.
INDUSTRIAL: Austin - GH TechRidge Five has purchased TechRidge Five. The property consists of 226,076 SF of light industrial space at 905 W. Howard Lane in Austin. Education and publishing company NCS Pearson renewed its five-year lease for 100 percent of the building. Matthew Paddock, a managing director with Metzler Real Estate, the seller, managed the sale. CBRE's Jack Fraker and Josh McArtor were the listing brokers.
INDUSTRIAL: San Antonio - Wheel Pros has leased 20,550 SF at City Park East Distribution Center, Bldg A, in San Antonio. The facility is located at 8555 Northeast Loop 410. Jason Schnittger of Stream Realty Partners represented the tenant in the transaction and Rob Burlingame of CB Richard Ellis represented the undisclosed landlord.
MULTIFAMILY: Austin - A California-based investor has purchased Austin Commons, a 240-unit apartment complex in north central Austin. The property is located at 1630 Rutland Drive near Texas State Highway Loop 1 and the U.S. Highway 183/Interstate 35 interchange. The terms of the sale were not disclosed. Joe James and Kent Myers, senior associates in Marcus & Millichap's Austin office, represented the seller, an investment group led by Hollywood Kingsley LLC II, in the transaction. The buyer's representative was not disclosed.
OFFICE: Austin - Stream Realty Partners, a Dallas, TX-based commercial real estate investor and developer, acquired a portfolio that includes the 23-story Bank of America tower in Austin. The price was undisclosed. The 256,911 SF office building was delivered in 1975 at 515 Congress Ave. in the central business district. The sale also included 120 E. Fifth St., 119 E. Sixth St., 501 Brazos St., 508 Brazos St., 501 Congress Ave. and 500 San Jacinto Blvd., all in Austin. Andrew Levy and Todd Savage of HFF represented the seller, T. Stacy & Associates, in the transaction.
NORTH TEXAS ANNOUNCEMENTS:
INDUSTRIAL: Garland - A commercial copier refurbishing business has purchased 1111 South Shiloh Road in Garland, Texas. The facility is a 235,000 SF industrial building sitting on approximately 12 acres on South Shiloh Road between Miller Road and Forest Lane. Henry S. Miller Brokerage's Office-Industrial Division President, Greg Trout and Senior Vice President, Jerry Averyt handled all the marketing and sale negotiations for the property's owner, Grand Six, LLC. The buyer was represented by Jack Godhwani of Beam Real Estate.
INDUSTRIAL: Dallas - Cowboy Auto Sales has purchased an 18,150 SF building located at 2622 Myrtle Springs Avenue, Dallas. Nathan Denton represented the Seller, Texas Pride, in this transaction. The Buyer, Cowboy Auto Sales, represented themselves.
INDUSTRIAL: Dallas - Fleetgistics has leased 21,300 SF of industrial space in Cornerstone Crossing, 9761 Clifford Dr., Dallas, from H20 Warehouse LP. Stephen A. Scott, senior vice president of Bradford Commercial Real Estate Services, represented the tenant. Matt Waldon of Pillar Commercial represented the landlord.
LAND: Dallas - Adrian Maldonado has purchased a 12 acre tract of land located at 3510 Telephone Road in Dallas. The purchase price was not disclosed. Bill Mote with Mote and Associates represented the seller, Thomas and Diane Allen, in the transaction. Butch Reynolds with Ebby Halliday represented the purchaser.
OFFICE: Fort Worth - Shannon, Gracey, Ratliff & Miller LLP has leased 36,269 SF on the top three stories of Sundance Square - The Commerce Building at 420 Commerce St. in Fort Worth. Construction on the Class A, five-story office building started last May and is scheduled for completion by October of this year. Shannon, Gracey's new deal marks the first office lease signed for the property. Jack Huff and Kyle Poulson of Transwestern represented the tenant, while the landlord, Sundance Square Management, was represented in-house by Bill Booker and Robert Gamblin.

SOUTHEAST TEXAS ANNOUNCEMENTS:

ANNOUNCEMENT: Houston - Colliers International Houston is pleased to announce the addition of Tom Condon, Jr. as senior vice president in our The Woodlands office. "We are thrilled to have Tom join our firm," said Patrick Duffy, Colliers International's president in Houston. "He is very highly regarded in our industry and a great fit for our culture. He will add significant depth to our North Houston/ Montgomery County team."
INDUSTRIAL: Houston - Massoud Real Estate Investments, LLC has purchased a 407,855 SF facility on 20 acres of land located at 8110 Kempwood (corner of Bingle) for their company Euro-Mid,Inc., a specialty food importer and distributor. Stephen Kuper and Steve Adkisson of The National Realty Group represented the buyer. The seller and their representatives were not disclosed.
INDUSTRIAL: Houston - House of Forgings, LLC has leased 48,910 SF of industrial space located at 16684 Air Center Blvd in Houston. John Hornbuckle of Cypressbrook Company represented the Landlord in the transaction. The Tenant was represented by Jeff Venghaus of Jones Lang LaSalle.
INDUSTRIAL: Houston - 525 McCarty, LLC has purchased a 109,620 SF facility on 4.3 acres located at 525 McCarty Street in Houston. Clay Pritchett, NAI and Clay Peeples of Boyd Commercial represented the Buyer in the transaction. Reed Vestal and Ross Thomas of Finial Group represented the Seller, Elbi of America, Inc.
INDUSTRIAL: Houston - Forum Energy Technologies, Inc. has leased approximately 81,645 SF on 4.8 +/- acres of land at 8101 Fite Road in Pearland, TX. Joe Evans and Janae Evans, SIOR of Evtex Companies represented the landlord, G&B Real Estate, Ltd., in the transaction. James M. Stark, Jeff Cairns, and Steve Hesse of CBRE, Inc. represented the tenant.
OFFICE: Houston - Sequent Energy L.P. has leased 46,356 SF of office space in Two Allen Center - 1200 Smith Street Houston in Houston. The Landlord was represented by John Morton and Paul Frazier of Brookfield Properties, and the tenant was represented by Griff Bandy of NAI Houston and Ian Henderson of Jones Lange LaSalle in Atlanta Georgia.

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