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Tag Archives: JLL

With Renovations Underway, GreenStreet Refinanced with $140 Million Loan

HOUSTON – (Realty News Report) – JLL has arranged a $140 million refinancing of GreenStreet, a 617,000-SF mixed use development in downtown Houston. JLL worked on behalf of the borrowers, Lionstone Investments and Midway to secure the loan, which was provided by Blackstone Real Estate Debt Strategies. GreenStreet, covering four blocks near the intersection of Fannin and Lamar, is undergoing ... Read More »

Sold: The Mix, a Full-Block Development in Midtown Houston

HOUSTON – (Realty News Report)  – The Mix @ Midtown, a 73,000-SF retail property that is housed on an entire city block in Houston’s Midtown neighborhood has been sold. JLL marketed the property on behalf of the seller, Crosspoint Properties, who developed the property in 2008. Fifth Corner, in a joint venture with Pointer Real Estate Partners, purchased the asset. ... Read More »

Austin Firm Buys Energy Corridor Project

HOUSTON – (Realty News Report) – F&B Capital has acquired Alexan Enclave, a 354-unit apartment community located in West Houston’s Energy Corridor. JLL marketed the property on behalf of the seller, Trammell Crow Residential and Cigna Investment Management. F&B Capital, an Austin-based real estate investment firm, purchased the project free and clear of existing financing. Additionally, JLL worked on behalf ... Read More »

Fuller Realty Partners Acquires Another West Houston Office Building

HOUSTON – (Realty News Report) – An affiliate of Fuller Realty Partners has acquired Westchase Place, a Class A six-story office building located at 11200 Richmond Avenue, in the heart of Houston’s Westchase District. JLL’s Rudy Hubbard, Kevin McConn, and Rick Goings represented the seller, CAPSTAR Real Estate Advisors. Fuller Westchase Place, Ltd. an entity affiliated with locally based Fuller ... Read More »

“Houston is one of the hottest markets in the US for multifamily investors,” says major CRE Firm

HOUSTON – (Realty News Report) – REEP Equity and Hashem Holdings have acquired the 128-unit Candleridge Park Apartments in Houston – which is a hotbed for investors, JLL said. “Houston is one of the hottest markets in the US for multifamily investors,” said JLL senior vice president  CW Sheehan. “The rental market remains strong thanks to a thriving energy sector, ... Read More »

Midtown Company Leases Office Space in New Mixed-Use Project in The Heights

HOUSTON – (Realty News Report) – The Miller Grossbard Advisors, LLP accounting has signed a lease for 14,000 SF of office space at the M-K-T mixed-use development in The Heights. M-K-T, an adaptive re-use project is currently under construction as a joint venture of Triten Real Estate Partners and Radom Capital, LLC. M-K-T is a collection of adapted industrial buildings ... Read More »

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 »

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