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Adkisson Group Buys 225 Acres for Baytown Industrial Park

HOUSTON  – (Realty News Report) – Adkisson Group acquired 225 acres near Baytown for the development of a business park on the east side of Houston. The property, called Bay 10 Business Park, is located on the west side of Grand Parkway just south of I-10 East and is zoned for light industrial and heavy industrial uses. It’s currently home to ... Read More »

ATCAP Buys Warehouse Adjacent to Budweiser Plant in East Houston

HOUSTON – ATCAP Partners, a Dallas-based firm, has acquired a 120,810-square-foot industrial facility in east Houston at 8451 Market Street. Holliday Fenoglio Fowler, L.P marketed the property on behalf of the seller, Mayfield Properties, LP. ATCAP Partners purchased the building for an undisclosed amount all cash and was assisted by HFF in arranging acquisition financing.  HFF was also involved in ... Read More »

Crow Fund Buys 27 Warehouses in Houston and Dallas

HOUSTON – A private fund advised by Crow Holdings Capital – Real Estate (CHC-RE) purchased a 27-building, 2.35 million-square-foot, 95.6-percent leased industrial portfolio located in Houston and the Dallas-Fort Worth area. Holliday Fenoglio Fowler represented the seller, a partnership between Mayfield Properties, LP and AB Real Estate Group. HOUSTON ASSETS: The eight Houston facilities are located in the Northwest and ... Read More »

Kimco Buys Center in Northwest Houston

HOUSTON – Kimco Realty has purchased the Copperfield Village Shopping Center, a 165,293-square-foot, dual-anchored retail center in northwest Houston. HFF arranged the sale of the property on behalf of the seller, Copperfield Village Investors, L.P. Copperfield Village Shopping Center is situated on 16.43 acres at 7081 State Highway 6 North.  The property’s location in the 2,000-plus-acre Copperfield master-planned community places ... Read More »

Whitestone REIT Pays $40.7 Million for Sugar Land Retail Centers

HOUSTON – Houston-based Whitestone REIT has acquired two shopping centers, Williams Trace Plaza and Shops at Williams Trace in the Houston suburb of Sugar Land for $40.7 million. Williams Trace Plaza, purchased for $20.1 million, is 129,222 square foot center on 15 acres. Occupancy of the center is currently 95 percent. The Shops at Williams Trace, with a price of ... Read More »

Cabot Buys Houston Industrial Portfolio

HOUSTON – Cabot Properties, a Boston-based real estate investment firm, has purchased a three-building, 243,100-sf industrial portfolio in Houston, Texas. HFF marketed the portfolio on behalf of the seller, EastGroup Properties. The 100-percent-leased portfolio consists of Clay-Campbell I and II in northwest Houston and Kirby Business Center in south Houston. Clay-Campbell I and II are located at 4300-4320 and 4444-4456 ... Read More »

OmniNet Capital Buys Former Westwood Mall; Seeks Other Texas Properties

HOUSTON– Southwest Corporate Center, a 525,580-square-foot office complex that was once the Westwood regional mall, has been sold to Omninet Capital, a Los Angeles-based investment group that is seeking Texas investments. HFF marketed the property on behalf of seller, TX 9700 Bissonnet LLC.  Omninet Capital purchased the property for an undisclosed amount on an all cash basis and closed in ... Read More »

REIT Buys Industrial Buildings in Houston

HOUSTON – Industrial Income Trust, a REIT, has closed the sale of a five-property, 709,114-sf industrial portfolio in Houston.  HFF marketed the portfolio on behalf of the seller. The portfolio is 98.5 percent leased overall.  The properties included in the portfolio are: 9830-9856 East Freeway (Eastport 8); 6323 Brookhill Drive (Lone Star 3); 552-598 Garden Oaks Boulevard (Pine Forest 18); 4601 South ... Read More »

Credit Suisse Makes First Houston Office Deal

HOUSTON – The 777 Post Oak Boulevard building, a 176,799-sf office building in Houston’s Galleria/West Loop submarket,  has been sold to Credit Suisse fund, the first Houston play for the group. HFF marketed the property on behalf of the seller, an institutional owner. An international investing real estate fund managed by Credit Suisse AG in Switzerland purchased 777 Post Oak ... Read More »

Tamlyn Brokers Sale of Northline Retail in Houston

HOUSTON –Northline Commons, a 478,584-sf retail power center in Houston, has been sold, according to HFF. Northline Commons is a redevelopment of the Northline Mall that was originally built in the 1960s. Completed in 2009, the new center is 86 percent leased and anchored by Marshalls, Ross Dress for Less, Burlington Coat Factory, Conn’s and Palais Royal. The property is ... Read More »

1 Million SF Portfolio Sold in Houston

HOUSTON– Mayfield Properties purchased a 1 million-sf industrial portfolio in Houston. The seller was DCT Industrial Trust Inc. The  13-property portfolio is 98 percent occupied by 46 tenants. The properties are:  Corporate IV      12603, 12613 Executive; 79,252 sf; Stafford Julie Rivers at 505, 525 Julie Rivers Rd. and 12505      Reed Rd.; 219,703 sf; Sugar Land Greenbriar at 4000 ... Read More »

Industrial Project Sold in Southwest Houston

HOUSTON — Agarita Management bought  Commerce Center, an eight-building, 256,265-square-foot industrial facility in Houston. HFF marketed the properties exclusively on behalf of the seller, Insite Commercial Real Estate. Acquisition financing was secured through American Family Life Insurance, which was arranged by Kirk Oden with Trinity Finance in San Antonio. Commerce Center is located at 9000 Southwest Freeway close to Beltway ... Read More »

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