June 18th, 2013


Featured Properties                           Click Here To View All Properties >>
 

Office/Retail For Lease



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

 

Office / Medical For Lease



Price: Call for price
Medical Professional Center for Lease
Broker: Fred Ghabriel
Company: Bejjani & Associates

 

 

Office For Sale



Price: $2,900,000
Office Building For Sale
Company: First Warranty Realty

 

Land For Sale



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

 

Office / Medical For Lease



Price: Call for price
Office/Office Medical
Broker: Mark Ray
Company: Kensington Property Group

 

Office For Lease



Price: Call for price
2102 Austin Street - 15,000 SF - Houston, TX
Broker: Adelle Shaw
Company: Shaw Interests

Deals & Announcements                                                       View More Deals >>
CENTRAL / SOUTH TEXAS ANNOUNCEMENTS:
HOSPITALITY: Waco - An investment group from Ohio has purchased the Marriott's SpringHill Suites Waco Woodway, a four-story, 82-room premier hotel located in Woodway, Texas, part of the Waco metropolitan statistical area. Jonathan Ruprai in Marcus & Millichap's Tampa office represented the buyer in the transaction. Chris Gomes and Skyler Cooper both in Marcus & Millichap's Dallas office, and David Greenberg, a vice president investment in the firm's Fort Lauderdale office, represented the seller, a Texas based investor. Allan Miller of the firm's San Antonio office and Jake Gaddy, of the firm's Austin office, also provided representation to the seller.
INDUSTRIAL: San Antonio - RecoverCare, a leading national distributor of medical equipment and solutions, has signed a new industrial lease for 11,620 SF at Interwest Business Park located in Northwest San Antonio. Jason Schnittger of Stream Realty Partners' San Antonio office represented the landlord, DRA Advisors, Inc., in the transaction. Briane Ritchie of Pointline, Inc. represented the tenant in the deal.
OFFICE: Austin - Nashville-based OakPoint has purchased a two building portfolio for an undisclosed price. The portfolio consisted of the Continental Building at 9101 Burnet Road and the Briarcroft Building at 12710 Research Boulevard. Continental Building is a 58,700 SF Class B office property in the North Central Austin submarket. Walter Saad and Cathy Nabours, with CBRE Austin, represented the seller, Kennedy Wilson, an international real estate investment and services company, in the transaction. Luke Wood, with Haverwood Management, represented the buyer.
SPECIAL PURPOSE: Corpus Christi -A partnership has purchased Sunnybrook Health Care Center, a 178 bed skilled nursing facility located in Corpus Christi located at 3050 Sunnybrook Drive. Doug O'Toole and Rod Llanos, seniors housing investment specialists 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 Llanos and O'Toole.
NORTH TEXAS ANNOUNCEMENTS:
ANNOUNCEMENT: Dallas - CBRE announces the addition of Ryan Lang as an associate director of the National Student Housing Group, which is based in Dallas. Ryan joins the team as demand for student housing continues to grow. Prior to Stirling, Ryan represented multi-family and mixed-use property clients out of the Marcus & Millichap office in New York City. His team was recognized as the top earning team in the office in 2008.
Hospitality: Dallas - A Texas buyer has purchased the 129-room Staybridge Suites that is prominently situated at 16060 Dallas Parkway in Dallas. The buyer plans to execute a full renovation of the property. Bert Stevens, with CBRE Hotels in Dallas, represented the seller, Driftwood Hospitality Management, in the transaction. The buyer's representative was not disclosed.
LAND: Keller - P & S Estate Investments I, LLC purchased a 9.170 acre tract of land located at the intersection of Rufe Snow Drive and Bear Creek Parkway in Keller for a 900-seat Moviehouse & Eatery. Construction of a 42,000 SF theater will start this summer and will include 8 auditoriums, reserved seating, electric recliners, wall-to-wall screens and a full menu and bar. Debi Carter, CCIM with Hudson Peters Commercial, represented the Buyer. Mark Boone of Realty Capital Management represented the Seller, Realty Capital Town Center, Ltd., in the transaction.
OFFICE: Dallas - Sandy McCorquodale PC purchased a 10,000 SF office flex building located at 4015 Main Street, in Dallas. Cincha Kostman with Hudson Peters Commercial represented the Seller, Chandler Real Estate Inc., in the transaction and Allie Beth Allman represented the Buyer.
RETAIL: Carrollton - An affiliate of the Tabani Group has purchased Hebron Heights Shopping Center in Carrollton, Texas for an undisclosed amount. The 59,356 SF, neighborhood shopping center sits on 10-plus acres in northwest Dallas at the corner of Hebron Parkway and Old Denton Road. Jennifer Pierson and Beth Pierson, with CBRE in Dallas, represented the undisclosed seller. The buyer's representative was not disclosed.
SOUTHEAST TEXAS ANNOUNCEMENTS:
INDUSTRIAL: Houston - TomaHawk Downhole, LLC has leased a 13,800 SF building located at 18501 Aldine Westfield Road, Houston, Texas 77073. No one represented the tenant. Thomas Leger & Robert McGee of The National Realty Group represented the landlord, IOS/PCI, LLC.
LAND: Houston - Axis Texas Development Group, LLC has purchased a 4.60 acre land tract located at 19915 Aldine Westfield Houston, Texas 77073. Steve Adkisson & Eric Bunting of The National Realty Group represented the buyer. Robert McGee & Mike Spears of The National Realty Group represented the seller, Jamail's Auto and Truck Services, Inc.
INDUSTRIAL: Houston - Majewski Transportation, a family-owned and operated business which offers complete air, sea, and land transportation and shipping services, recently signed a 36,000 SF industrial lease in Building A of Intercontinental Cargo Center, located at 2928 Greens Road in the North Hardy Toll Road industrial submarket. Majewski Transportation sought to accommodate an expanding truck fleet and growing customer base. Barrett Gibson, a Managing Principal, and Andrew Jewett of Cresa negotiated the transaction on behalf of Majewski Transportation. Matteson Hamilton and Jeremy Lumbreras of Stream Realty Partners represented the property owner, Prologis.
LAND: Houston - Brian Traw has purchased +/- 3.07 acres of land located at Theall and Shiloh Roads in Houston. The buyer was represented by Gloria Parrino of Betz Commercial Brokerage, Inc. in the transaction. The sellers, David Dubose, J. Nasser and M. Shahshahani, were represented by Rosa Ramos of ERA TRAMCO realty.
LAND: Houston - Houston Texas Properties, a partnership between Asset Plus Companies and Kayne Anderson Investment Fund has purchased a 10.5-acre former Room Store property. The buyer plans to tear down the Room Store and build Arabella, a 240-unit, upscale rental townhome community. David Littwitz of Chodrow Realty Advisors represented the seller, an East Coast LLC, in the transaction. The buyer was self represented.

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