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RNR Real Estate Briefs from Realty News Report — HUMBLE, Texas – Partners Real Estate  organized the sale of an 11,475 SF commercial assets on Wilson Road in Humble. Partners’ Darren O’Conor   represented the consumer, 304 Wilson, LLC. Wyatt Huff  and Hunter Stockard,  additionally with Partners, represented the vendor, Chosen Properties, LLC.

TEXAS CITY, Texas – Colliers has facilitated the acquisition of 2 websites totaling 81.2 acres close to Willow Road in Texas City. The supplier of part of the acreage was once represented through Harrison Kane, James Kadlick, and Chris Hutcheson of Colliers. Colliers additionally represented CastleRock as the consumer at the acquire of the rest land for the assemblage. . CastleRock Communities plans to broaden a unmarried circle of relatives subdivision at the tracts.

BROOKSHIRE, Texas – Partners Real Estate  organized a 47,736 SF commercial hire with Helix Energy Solutions Group at 3012 Venergy Drive in Brookshire. Partners’ Travis Land  and Braedon Emde  represented the owner, Venergy Industrial Park I, LLC. Jon Farris,  previously  with CBRE,  represented the tenant. Venergy Industrial Park will quickly spoil floor on two spec production constructions which can measure 35,000 and 45,000 SF.

HOUSTON – Avison Young negotiated a long-term, 11,970-SF workplace hire on behalf of its consumer, UHY. The area is situated at 1177 West Loop South, an 18-story, 341,947-sf, Class A workplace constructing. Avison Young Principals, Anthony Squillante and Dustin Devine, represented the tenant. The landlord, Hicks Ventures, was once represented through Kelli Gault, and Doug Little, of Transwestern.

NEW CANEY, Texas — The Signorelli Company,  one of the most biggest privately held actual property builders in Texas, introduced the outlet of Citizens Bank and The Good Feet Store at its 240-acre Valley Ranch mixed-use building. Valley Ranch Town Center is a buying groceries district of one.5 million SF at Highway 69 and the Grand Parkway in New Caney.

HOUSTON — Oxford Partners  represented Petra Flooring and Blinds, which leased 4,100 SF close to the Gulf Freeway. Oxford’s D.J. Hale  and Rob Adams   represented the tenant. The landlord, First Houston Properties,  was once represented through James Mashni  and Sam McGurk.

MONTGOMERY, Texas – Newcor represented Milstead PC Investments in obtaining a 22-acre tract on the southwest nook of McCaleb Road and Chapel Road. The acquisition was once negotiated through Newcor’s, David Alexander and Josh Cheatham, on behalf of Ken Milstead of Milstead PC Investments. The supplier, Charlsie Claywood, was once represented through Grant Wisenbaker with Stream Realty.

HOUSTON – Dock Dock Go, LLC expanded through 17,325 SF at 5994 Griggs Road. William Carpenter and Meg Zschappel with Stream Realty Partners represented the owner, ATCAP Partners.

HOUSTON – Bel Air Lighting, Inc. bought 112,667 SF at 16622 Hafer Road. Jeremy Lumbreras and Garret Geaccone with Stream Realty Partners represented the vendor, Alliance Industrial Company.

HOUSTON – Houston-based builders, McGrath Real Estate Partners, broke floor onPhase II of Riceland including an extra 311 new house websites throughout an extra 138 acres and can come with the Lakehouse Recreation Center and the advance of Sweetgum Park. It has fashion properties through Chesmar Homes, David Weekley Homes, Highland Homes, and Perry Homes.

HOUSTON – Rotech Pumps USA, Inc. leased 14,000 SF at 4555 Brittmoore Road. Tyler Maner and William Carpenter with Stream Realty Partners represented the owner, Outour Storage Investments.

TEXAS — RNR Real Estate Briefs from Realty News Report

RICHARDSON, Texas — Hartman Properties  has bought the Richardson Tech Center, a four-building, multi-tenant portfolio within the Dallas/Fort Worth space. Acquired through Hartman vREIT XXI, Inc. in March 2018 for $5,040,000, the valuables has now been bought for almost double the preliminary acquire value. Al Hartman  is the founder and CEO of Hartman Properties.

RICHARDSON, Texas – Chesmar Homes, a Houston-based house builder that serves the Austin, Dallas, Houston and San Antonio spaces, has leased 14,594 SF at Collins Crossing, a Class A workplace tower, to function the company’s new regional workplace. The assets, situated at 1500 N. Greenville Avenue in Richardson, is owned through Goldenrod Companies, a business actual property corporate. This transfer is a vital milestone for Chesmar Homes because it expands within the Dallas marketplace. Kent Smith of NAI Robert Lynn represented Chesmar Homes within the leasing.

AUSTIN – Life Time Fitness Club leased 57,000 SF in The Bouldin, a brand new mixed-use challenge on S. Lamar Boulevard.  The developer is Austin-based Seamless Capital,  a company led through Joe Warnock,  CEO and founder. The challenge’s architectural group is STG Design OS. The basic contractor is Rogers-O’Brien Construction Co. OHT Partners is constructing the multifamily, which shall be leased through Greystar. Endeavor rentals workplace and retail area.

IRVING, Texas — Southwest Networks Inc. has leased 12,888 SF of warehouse area at 3251 Story Road W. in Las Colinas Distribution Center 5 from Las Colinas AAA Investment, LLC. Brian Pafford  of Bradford Commercial Real Estate Services  represented the owner. Maddy Coffman  and Canon Shoults   of Holt Lunsford Commercial  represented the tenant.

SAN ANTONIO — CBRE  organized a hire renewal and resizing for Spectrum Association Management, an HOA assets control company. The corporate has shriveled its headquarters’ footprint at North Park Corporate Center from 27,000 SF to 19,738 SF. The corporate expects to save lots of round $250,000 in step with 12 months in overhead prices. CBRE’s Larry Mendez, Yobana Castillo  and Brad Kaufman  represented Spectrum in hire negotiations. Located at 17319 San Pedro Ave., North Park Corporate Center comprises 86,400 SF.

NATIONAL — RNR Real Estate Briefs from Realty News Report

MEMPHIS, Tenn. — Poag Development Group  received RiverTown Crossings, a 1,267,272 SF enclosed mall in Grandville, Mich., stated Poag Development Group CEO Josh Poag.  RiverTown Crossings is a two-story enclosed regional buying groceries mall with 5 anchors together with Macy’s, Kohl’s, JCPenney, Celebration Cinemas and Dick’s Sporting Goods. Poag will redevelop the mall through including new makes use of and activating underutilized parking fields. The Memphis-based developer will paintings with JLL,  its strategic control and leasing spouse.

DENVER, Colo. –  JLL Capital Markets  introduced the sale of Dove Valley Logistics Centre II, a 304,620 SF Class A warehouse in Englewood, Colo. JLL labored on behalf of the vendor, BlueScope Properties Group, within the sale to LBA Realty. 

ETC. — RNR Real Estate Briefs from Realty News Report

HOUSTON – Stream Realty Partners  introduced that more than 50,000 SF of recent rentals had been carried out at The Towers at Westchase all through 2024. The contemporary leasing process comprises notable tenants similar to Drilling Tools International, which leased 16,988 SF and was once represented through Peyton Poynter  of Park Realty. PhiloWilke Partnership leased 14,729 SF and was once represented through Cody Little  and Jordan Raney  of JLL.  BCS Systems leased 4,013 SF and was once represented through Eugene Terry  of CBRE.

Additionally, Altamira leased 7,470 SF whilst Burns and Wilcox leased 6,820 SF. Both have been represented through Matt Sanderson, Lauren Stifflemeier, Chad Baker   and Kennedy Gamble  of JLL.

Stream’s Brad Fricks  and Matthew Seliger  represented constructing possession, Franklin Street Properties, which is traded at the New York Stock Exchange. The Towers at Westchase are situated at 10350 and 10370 Richmond Ave. One of the constructions has 141,000 SF of contiguous area.

Sept 7, 2024  Realty News Report Copyright 2024

Mark Your Calendars:

CommGate will hang its Economic Outlook – Powered By Moody’s – Wednesday Sept. 11 from 3 to six p.m. on the Houston Country Club. Economist Jeff Havsy of Moody’s Analytics will provide an financial forecast. Information:

Downtown Houston + will provide its State of Downtown Annual Meeting on Oct. 16 at 11 a.m. to at least one:30 p.m. on the Hilton Americas, Downtown 1600 Lamar St. Keynote speaker: General Stan McChrystal. Information:

Photo credit score: Ralph Bivins, Realty News Report, Copyright 2024

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RNR Real Estate Briefs – Texas & more