April 2, 2012

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Deal Done - Southeast Texas

Sponsored by
Parkside Capital

 

ANNOUNCEMENT: Houston - Rockspring Capital announced the addition of Sydney Jim as Vice President of Marketing. In his new role, Jim will be responsible for developing new marketing opportunities, raising investment capital and cultivating investor relations for the company. Prior to joining Rockspring, Jim was the System Administrator at IRP Tech. Jim also played on the ITF/ATP Professional Tennis Tour and was the Junior Program Director of Sugar Creek Country Club.

 

 

 

 

INDUSTRIAL: Rosenberg - 235 Benton Road in Rosenberg, consisting of eight buildings totaling 145,591 SF and 35 acres of land, was sold to a private investor. Beth Young, Henry Hagendorf and Frank Onorato with Grubb & Ellis Company represented the seller.

 

 

 

 

 

 

 

 

 

 

INDUSTRIAL: Houston - NewQuest Properties represented Image Engine, LLC in subleasing 51,499 SF at 7170 West 43rd Street in Houston. Joey Lumsden represented NewQuest. Travis Land of NAI Industrial represented the lessor.

 

 

 

 

 

 

 

INDUSTRIAL: Stafford - Crossover Athletics has leased 14,480 SF of office/warehouse space at 815 Summer Park in Stafford. Crossover Athletics provides sporting apparel, camps, clinics, personal training, exposure, league and tournament play. Mike Gornek and Mickey Guice with ICO Commercial represented the landlord.

LAND: Tomball - Keith Edwards, CCIM, SIOR of Caldwell Companies represented Richard Fallin in the sale of 5.2 acres on SH 249 in Tomball to TSKM Tomball LLC. Mark Terpstra of Caldwell Companies represented the buyer.

 

LAND: Houston - Beltway Business Park, developed by National Property Holdings, announced that the Houston Humane Society has purchased an 11-acre site on Beltway 8 South in its Beltway Business Park development for a new full-service veterinary clinic and its pet adoption programs. Joel Michael of NAI Houston represented National Property Holdings while David Carter of Colliers International represented the Houston Humane Society.

 

LAND: Houston - Julian Kwok, CCIM of Hartman Income REIT represented Hartman Gulf Plaza Acquisitions, LP in the purchase of 13,981 SF of land at Barkers Point and Highway 6 in Houston from Jaykuber, LLC. Steve Jarnigan with Reliant Commercial represented the seller.

 

 

 

 

 

 

OFFICE: Houston - Hines, on behalf of building owner FSP Phoenix Tower Limited Partnership, announced that New York Life has signed a long-term lease for 33,394 SF at Phoenix Tower, 3200 Southwest Freeway in Houston. The insurance company was represented in lease negotiations by Chip Horne of Cushman & Wakefield. Tyler Garrett and Paula Bruns of Hines represented FSPLP.

 

 

 

 

 

 

 

 

 

OFFICE: Houston - OBAX USA, LLC renewed and expanded into 6,591 SF at 363 N. Sam Houston Parkway in the Greenspoint submarket of Houston. Griff Jaggard and Terri Torregrossa of Moody Rambin Interests represented the landlord, 363 North Belt, LP. The tenant was not represented.

 

 

 

 

 

 

 

 



 

OFFICE: Houston - The Legacy Park Office Building, a development of the Betz Companies, welcomes Reservoir Group, Inc. They have leased a 5,974 SF space in the 48,163 SF building located at 10940 W. Sam Houston Pkwy. N. Reservoir Group was represented by Pat Pollan and Jackie Ritchie with Pollan Hausman Real Estate Services. The landlord was represented by Gloria Parrino with Betz Commercial Brokerage.

 

 

 

 

 

 

OFFICE: Houston - Allianz Global Risks US Insurance Company leased 5,697 SF at the 2000 West Loop South building, located at 2000 West Loop South in Houston. Bob Cromwell and Kevin Nolan of Moody Rambin Interests represented the building owner, SRI Nine 2000 WL, L.P. Zach Pruitt, Chris Wood, William Wolf and Adam McCostlin with the Chicago office of UGL Services, Equis Operations represented the tenant in negotiations.

RETAIL: Spring - North Houston Veterinary Specialists, LLP has leased 10,149 SF at 1646 Spring Cypress Road in Spring from HEB Branch Company, LLP. NHVS was represented by Mac Ruggles with Texas/Southwest Group. Rip Reynolds with CBRE represented HEB.

 

 


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