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Tag Archives: JLL

JLL Finance Team Leaves Firm to Open Walker & Dunlop Office

HOUSTON – (Realty News Report) – A group of veteran commercial real estate finance professionals from Jones Lang LaSalle have been retained to start a Walker & Dunlop office in Houston. Mike Melody, Tom Melody, Tom Fish and Paul House have been named managing directors at Walker & Dunlop’s new office in Houston. Jonathan Paine was named senior vice president. ... Read More »

Investor Makes Play in Pearland (Ranked as the 10th Fastest Growing City in the Nation)

PEARLAND, Texas – (Realty News Report) – TIG Real Estate Services has sold a mixed-use center Pearland, a high-growth suburb south of Houston. The JLL Capital Markets team representing the seller consisted of Senior Managing Director Dan Miller, Director John Indelli and Analyst Bryan Strode. “Investor sentiment for real estate in Pearland, one of the fastest-growing markets in Houston, continues to ... Read More »

Oil and Office Towers: What Will It Take For Houston’s Office Market to Fully Recover?

HOUSTON – (By Kyle Hagerty for Realty News Report) – Houston’s office sector, which in recent years has been struggling to fill space thanks to a decline in oil prices, is well on the road to recovery thanks to drillers finally increasing production as the price per barrel creeps upward. For Houston to say it’s fully recovered, offshore operations, which ... Read More »

Fuller Acquires Energy Corridor Office Properties with 11 Percent Occupancy

HOUSTON – (Realty News Report) – Fuller Parkview LLC, an affiliate of Fuller Realty Partners acquired a pair of Class B office buildings in the Energy Corridor. The two-building portfolio, which is 11 percent leased, is located south of Interstate 10. The seller, LNR Partners, was represented by JLL’s Rick Goings, Rudy Hubbard and Kevin McConn, The buildings, called Parkview ... Read More »

JLL to Acquire HFF for $2 Billion

CHICAGO – (Realty News Report) – Jones Lang LaSalle Inc. and HFF Inc. today announced that they have entered into an agreement under which JLL will acquire all the outstanding shares of HFF for $2 billion. Both firms have a significant presence in Houston and are a major forces in capital markets and the brokerage of office, land, retail and ... Read More »

Houston’s Emerging Future: Q&A with Dan Bellow of JLL

HOUSTON – (Realty News Report) – Houston is at a cross roads. The office market is still recovering from the energy slump. The energy sector, battered by price fluctuations over the past several years, seems to be stabilizing. The Texas Medical Center, a pillar of the city’s economy, is expanding. What does this all mean for the future? Realty News ... Read More »

Drilling Contractors Association Signs HQ Lease in Westchase

HOUSTON – (Realty News Report) – The International Association of Drilling Contractors leased 18,920 SF for its headquarters in the new, eight-story Lockton Place building, 3657 Briarpark Drive in Westchase. The association, founded in 1940, will move its headquarters from 10370 Richmond in the third quarter. JLL’s Chad Barker and Matt Sanderson represented the Drilling Association. JLL’s Russell Hodges and ... Read More »

Topped Off With Houston Center Deal, Office Building Sales Rebound in 2017

HOUSTON – (Realty News Report) – For folks who sell Houston office buildings for a living, Thanksgiving should be extra special this year. After a paltry $300 million in office building transactions in 2016, the annual sales total will be well into the multi-billions by the time the last deal closes in 2017. And there are still more closings on ... Read More »

600,000-SF Industrial Building Started at Hines’ Pinto Business Park

HOUSTON – Construction has started on a 600,000-SF build-to-suit for Emser Tile in Pinto Business Park, a north Houston commercial development owned by the Houston-based Hines real estate firm and its joint venture partners Kohlberg Kravis Roberts & Co. Pinto Business Park is located near the southwest corner of Beltway 8 and I-45 North. Emser Tile is the largest, privately-held designer ... Read More »

Energy Services Firm Leases Crane-Served Industrial Space South of Houston

HOUSTON – ProEnergy Services, an energy industry services firm, leased 47,500 SF of industrial space at 8303 McHard Road, which is west of Almeda Road, south of Beltway 8. JLL’s Mark Nicholas, Richard Quarles and Joe Berwick negotiated the terms on behalf of the landlord, Schroeder Partnership Ltd. Drew Coupe and Josh Morrow of Stream Realty represented the tenant. ProEnergy ... Read More »

JLL Secures $9.8 Million for Austin Group to Buy Houston Project

HOUSTON – PPA Group, an Austin-based multifamily investment firm, has acquired its first apartment project in Houston and it is seeking more multifamily opportunities in the Bayou City. The 252-unit Cypress Ridge project, 2331 Bammelwood in north Houston, was purchased from CrestMarc of Dallas. JLL’s Capital Markets secured $9.8 million in acquisition financing for the buyer –  with an interest ... Read More »

Lawyers Shrinking Their Offices, JLL Reports

  HOUSTON (By Dale King) – Law firms throughout the nation are making a concerted effort to trim costs and improve efficiencies. They now have a blueprint for “right-sizing” crafted by a professional services and investment management company that offers specialized assistance to clients looking to maintain and increase the value of their properties. The latest edition of “Law Firm ... Read More »

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