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Texas Real Estate Briefs – From Realty News Report

Houston real estate briefs

Allied Industrial Sales leased 42,842 SF at 3003 Highway 225 in Pasadena.  The tenant was represented by John Luck and Griffin Rich of Newmark Knight Frank in the transaction with the landlord, LIT Industrial Limited Partnership.

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 Fluid Flow Products has signed a lease for 26,520 SF of office warehouse space in Sterling Industrial Park at 186 White Road, Houston. An expansion of Fluid Flow’s current Houston facility is planned, and will serve as a manufacturing, distribution and office hub. Sterling Industrial Park was represented by Jason Tangen, Jon Lindenberger and Paul Dominique of Colliers International. Fluid Flow Products was represented by Rob Neblett of R.K. Neblett Interest Inc. and Kent Willis of Colliers International.

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Lee & Associates – Houston represented Boudreaux 11715 Properties, LLC in the sale of 9.61 acres at 11715 Boudreaux Road in Tomball. Mike Spears and Cameron Hicks of Lee & Associates – Houston represented the buyer and David Marshall with Dosch Marshall Real Estate represented the seller, 3M Company.

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EDGE Realty Capital Markets brokered the sale of Mason & Franz center at 2015 North Mason Road in Katy. Burdette Huffman and Josh Jacobs of EDGE represented the seller, Vaquero Mason Franz Partners, LP. Sam Affanhe of Huntington Properties represented the buyer.

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NAI Partners recently arranged a 9,116 SF office lease for Advance Energy Partners at 11490 Westheimer Road in Houston. Dan Boyles of NAI Partners represented the tenant. Moody Rambin’s Terri Torregrossa and Kurt Kistler represented the landlord, Hertz Westchase Park Plaza, LLC.

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Grub Kitchen + Bar, known for its signature burgers and sandwiches, shakes, salads, bowls and both savory and lighter sides, is opening a restaurant at 19143 Katy Freeway in Katy on Aug. 6. To celebrate the grand opening in the Katy Green lifestyle center, free entrees will be given to the first 100 guests.

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Marcus & Millichap has announced the sale of Jumbo Self Storage, a

47,700 SF self-storage facility at 4931Allen Genoa Road in Pasadena. Roger L. Hendricks from Marcus & Millichap’s Dallas office had the exclusive listing.

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MOD Pizza leased 2,822 SF in the Bellaire Town Center at Bellaire Boulevard and South Rice Avenue in Bellaire.  Brooks Shanklin and Josh Jacobs of EDGE Realty Partners represented the landlord and Chris Reyes and Tyler Trevino of SHOP Companies represented the tenant.

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 Ball & Farrar Properties LLP  purchased a 6,000 SF, two-story flex building on .27 of an acre at 1117 Herkimer St., Houston, from Yun Global LLC. Neal Thomson and Chris Dray of NewQuest Properties represented the seller. John Zivley of Oxford Partners Houston represented the buyer.

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HFF has closed the sale of Normandy Shopping Center, a 44,297 SF retail strip center on 6.07 acres at 12620 Woodforest Blvd. in Houston. The plaza is98.1% leased and shadow anchored by a Kroger store. HFF marketed the property for the seller, Williamsburg Enterprises Limited.  A private investor purchased the asset.

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Lee & Associates – Houston represented 2978 Industrial Propertiesin the sale of 6.93 acres on Hufsmith-Kohrville Road in Tomball. Mike Spears and Patrick Wolford of Lee & Associates – Houston represented the seller, and Jake Leissner with LRM Realty represented the buyer, Church Engineering Services, Inc.

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NAI Partners  arranged a 56,400 SF industrial lease for MIAT College of Technologyat 533 Northpark Central Drive in Houston.

Chris Kugle and John Ferruzzo of NAI Partners represented the tenant. Jason Dillie of Cushman and Wakefield represented the landlord, Prologis. MIAT provides technical career training in the field of aviation at locations in Canton, Ohio and Houston.

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Texas real estate briefs

Newmark Knight Frank represented Nexus in a new build-to-suit lease at 5600 Schertz Parkway in the city of Schertz. Nexus will occupy the single-story, tilt-wall-construction office building, measuring 36,450 rentable SF. Scott Lewis of NKF represented Nexus in the transaction.

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Upstairs Circus DFW, LLC has entered into a retail lease for 2,936 SF at 2810 Main Street in Dallas. Zachary Ballenger with CBRE in Dallas represented the tenant while Amy Pjetrovic with Venture Commercial represented the landlord, Ap Deep Ellum LLC. Based in Denver with other locations in Austin and Minneapolis, this is the first site in the Dallas/Fort Worth market. It is tentatively set to open in November 2019.

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Idonate LLC has entered into an office lease for 8,496 SF at 6111 West Plano Parkway in Plano. Clay Vaughn and Preston Lynn with CBRE in Dallas represented the tenant. Lincoln Property Co. acted as broker for the landlord, RJ Dunham and Company Inc.

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FFF Enterprises Inc. has obtained an industrial lease for 72,425 square feet at 1650 Lakewide Parkway in the city of Flower Mount. Nathan Lawrence, Krista Raymond and Reid Leinbaugh with CBRE in Dallas represented the landlord, Ipt Dallas Distribution Porfolio.

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CBRE announces the sale of Greens of Hickory Trail, a 250-unit multifamily community at 8613 Old Hickory Trail in Dallas.Chris Deuillet and Chandler Sims with CBRE Capital Markets’ Investment Properties in Dallas and Jeff Kunitz and Mike Canori with CBRE Affordable Housing in Seattle represented the seller.

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July 8, 2019 Copyright 2019 Realty News Report

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