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Tag Archives: Jones Lang LsSalle

Behringer Harvard Starts Office Tower in Houston with Samsung Pre-Lease

HOUSTON –Behringer Harvard REIT I will develop a 12-story office tower in Houston’s Westchase District. The 332,000-sf building, Two BriarLake Plaza,  will be constructed  on a 1.5-acre site at the corner of W. Sam Houston Parkway and Briar Forest Drive. Half the space  has been  preleased to Samsung Engineering America for its North  American headquarters. Samsung Engineering America Inc. was represented in ... Read More »

Texas Gulf Industrial Property Report

HOUSTON – Levey Construction is building several tilt-wall office/warehouse buildings on seven acres in Northwest Place Industrial Park at West Little York and Bingle Road. PASADENA, Texas  – A-International Distribution leased 100,000 sf of warehouse space in Baywood North Distribution Center II at 4331 Underwood in Pasadena.  Walter H. Menuet Jr. represented landlord Mountain West Industrial Properties. Bob Berry of ... Read More »

Pat Hicks Makes Value-Add Investment in Energy Corridor

HOUSTON –   Hicks Ventures, led by Patrick Hicks, purchase two office buildings in the Energy Corridor of West Houston. The buildings, located at 16350 Park Ten Place and 16360 Park Ten Place, include a total of 141,265 square feet. Managing Director Rudy Hubbard and Vice President Leah Gallagher led the Jones Lang LaSalle Capital Markets team on this transaction.  American ... Read More »

Fuller Buys Another Building in Houston’s Bering/San Felipe Area

HOUSTON – The 1800 Bering office building near Houston’s Galleria area has been sold to a Fuller Realty Advisors joint venture group, according to a report in the Houston Chronicle. The 10-story, 171,000 square-foot building was constructed in 1982. The project is  is 85 percent leased with Flagstone Financial Services and Prudential Insurance Co. are among the tenants, according to the story ... Read More »

Survey: Apartments to be Top Investment for 2012

Multi-family is the most favored real estate investment, according to a 2012 Outlook survey by Jones Lang LaSalle. Rising rental rates combined with declining home ownership rates point to strong apartment investment activity in the year ahead,, according to respondents of Jones Lang LaSalle/RealShare Apartments Outlook 2012 Survey. The survey, completed by more than 150 private investors, real estate brokers, ... Read More »

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