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Category Archives: Lease Brief

Tractor Manufacturer Signs Large Industrial Lease

Houston  – Houston-based Mahindra USA (MUSA) has leased 134,815 square feet of space at Satsuma Distribution Center, a 315,120 square-foot new industrial building located at 9020 Jackrabbit Road, in northwest Houston. MUSA, a wholly owned subsidiary of Mahindra & Mahindra Ltd., is the first tenant to enter into a lease agreement at the new Class A facility. The company began ... Read More »

Community Bancorp Leases Space in Williams Tower

HOUSTON – Community Bancorp, LLC,  has signed a long-term lease at Williams Tower for 30,064 square feet.  The bank holding company will move into the building in the fourth quarter of this year, occupying 23,090 square feet on level 38 (full floor) and 6,974 square feet of retail space in the building’s lobby. CBC was represented in lease negotiations by ... Read More »

Leasing News

CB Richard Ellis has closed on six office deals totaling 146,987 SF at Sage Plaza, a 519,966 SF, 25-story, Class A office development located at 5151 San Felipe Street in Houston’s Galleria/Uptown area. Bonnie Kelley of CB Richard Ellis represented the landlord, a fund managed by BlackRock, in all five transactions, which include a 55,500 SF office lease to Columbia ... Read More »

Lease Brief

Jones Lang LaSalle announced that Jacobson Warehouse Company, Inc. has signed a 436,410-square-foot industrial lease at Interport Distribution Center – Building Two, located at 13031 Bay Area Blvd. in Pasadena, Texas. Jones Lang LaSalle Senior Vice President John M. Talhelm and Vice Presidents Will Swanson and Kevin Erck represented the landlord, FR/CAL Interport, LP, a property owned by the California ... Read More »

1301 Fannin

Jones Lang LaSalle has been selected by Urdang, the real estate specialist for BNY Mellon Asset Management, and Griffin Partners of Houston, to market 1301 Fannin, an office tower in downtown Houston. The Urdang Value Added Fund II acquired the property in 2007. The 25-story, 784,143-square-foot tower has 370,000 square feet of center space. The Jones Lang LaSalle team includes ... Read More »

Lease Brief

Newfield Exploration leased 91,456 sf in the 4 Waterway Square building in The Woodlands, north of Houston. Mike Boehler and Lucian Bukowski of Jones Lang LaSalle represented Newfield and Dennis Conine represented landlord Woodlands Development.  Also in Houston, Colvill Office Properties will lease the 1200 Enclave building for owner Piedmont Office Realty Trust. Read More »

Lease Brief

Houston-based David Weekley Homes has entered the Indianapolis market with a merger with Estridge Homes of Indiana. Estridge’s owner Paul Estridge Jr. will be Indianapolis division president of David Weekley Homes. Read More »

Lease Brief

Cushman and Wakefield of Texas Inc.’s Houston office negotiated the following lease: 24,193 square feet of office space located in Wilcrest Green Office Building at 11111 Wilcrest in Houston. Joseph Peddie, James E. Foreman and Louis “Beau” Kaleel of C&W represented the tenant in the negotiations. Mike Martin of PM Realty Group represented the landlord. Read More »

New West Loop building/ Lease Brief

Redstone Real Estate. will develop a 20-story 380,000-sf office tower at 2200 Post Oak Boulevard, just north of Houston’s Galleria. BBVA Compass, the U.S. banking arm of Spain-based Banco Bilbao Vizcaya Argentaria SA, will occupy 150,000-sf. Read More »

Large residential purchase in League City

Isola Ventures has purchased the 35-acre Beacon Island residential development in the South Shore Harbour development in League City, Texas, near Houston. The high-end project was formerly known as Lighthouse Island. Chemplast L.L.C. has purchased a 174,923 sf manufacturing/distribution facility on 12.78 acres located at 1002 Texas Parkway in Stafford, southwest of Houston. Beau Kaleel and Jim Foreman with Cushman ... Read More »

Lease Brief

M/I Homes has acquired TriStone Homes of San Antonio. TriStone sold 119 houses last year. Columbus-based M/I entered the Houston market last year. Identity Architects leased 5,087 square feet at the 111 Travis building, Houston, Texas. Kevin Nolan and Griffin Jaggard of Moody Rambin Interests represented the building owner, 708 Main, L.P. Griff Bandy and Jon Silberman with NAI Houston ... Read More »

Lease Brief

The London office of Hines, the international real estate firm, announced today that Hines Global REIT has acquired Stonecutter Court, a 153,000-sf office complex located on a full city block on Farringdon Street in London from Shalati Investments Limited. Read More »

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