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Monthly Archives: May 2011

New Seniors Housing Project

 A joint venture Bridgewood Property Co. and Harrison Street Capital has started construction of a seniors housing project in Houston at 4141 N. Braeswood, just west of Stella Link. The 110,000-sf facility, called The Village of Meyerland, will stand on the site of an old apartment complex that was demolished. Read More »

Lease Brief

Jones Lang LaSalle announced that Jacobson Warehouse Company, Inc. has signed a 436,410-square-foot industrial lease at Interport Distribution Center – Building Two, located at 13031 Bay Area Blvd. in Pasadena, Texas. Jones Lang LaSalle Senior Vice President John M. Talhelm and Vice Presidents Will Swanson and Kevin Erck represented the landlord, FR/CAL Interport, LP, a property owned by the California ... Read More »

601 Sawyer trades

Hartman 601 Sawyer LLC, a subsidiary of Hartman Short Term Income Properties XIX Inc. has purchased 601 Sawyer from RM Crowe. The building is an 88,258 square foot, seven story office building located at the intersection of Lubbock St and Sawyer St. just off Memorial Drive, near downtown Houston. Darrell Betts, CCIM of Avison and Young represented the seller, RM ... Read More »

1301 Fannin

Jones Lang LaSalle has been selected by Urdang, the real estate specialist for BNY Mellon Asset Management, and Griffin Partners of Houston, to market 1301 Fannin, an office tower in downtown Houston. The Urdang Value Added Fund II acquired the property in 2007. The 25-story, 784,143-square-foot tower has 370,000 square feet of center space. The Jones Lang LaSalle team includes ... Read More »

Multiple office buildings for sale

Jennifer Dawson of the Houston Business Journal reports at least five buildings are up for sale in downtown Houston. Chevron is expected to pay $380 million for the 50-story, 1.25 million tower at 1400 Smith. Skanska is under contract to buy the Houston Club Building at 811 Rusk, Dawson reported, Other buildings in play include: the 1.7 million-sf Wells Fargo ... Read More »

CBRE named FORTUNE 500 / Anaheim apartments trade

CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fourth straight year. CB Richard Ellis is the only commercial real estate services firm ever to be included in the FORTUNE 500. Read More »

New MedCenter Building

Houston is on the radar screen of real estate investors again., Nancy Sarnoff of the Houston Chronicle reports. Real Capital Analytics says commercial sales were up 44 percent in Houston last year. NEW BUILDING FOR HARRIS COUNTY HOSPITAL DISTRICT – Skanska USA was selected to provide construction management services for the new five-story, 167,807 square foot radiation therapy, diagnostics imaging ... Read More »

Lease Brief

Newfield Exploration leased 91,456 sf in the 4 Waterway Square building in The Woodlands, north of Houston. Mike Boehler and Lucian Bukowski of Jones Lang LaSalle represented Newfield and Dennis Conine represented landlord Woodlands Development.  Also in Houston, Colvill Office Properties will lease the 1200 Enclave building for owner Piedmont Office Realty Trust. Read More »

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