HOUSTON – LaSalle Investment Management, Inc. and Midway Cos. have formed a joint venture for the City Centre II and City Centre III mixed-use buildings in west Houston near the Katy Freeway and Beltway 8.
CityCentre II is comprised of 128,499 square feet of office space plus 21,328 square feet of ground floor retail space. The six-story property, which was completed in 2009, is 90.2 percent leased to tenants including BB&T Corporation, SEACOR Holdings, Cargill, Inc. and The Tasting Room.
CityCentre III is slated to be to be completed in late 2012. CityCentre III will be comprised of 103,000 square feet of office space plus 17,000 square feet of ground floor retail space. The six-story property is 44.3 percent pre-leased to tenants including Texas A&M, LLOG & Montco.
The HFF team representing Midway Companies and L&B Realty Advisors in the sle of City Centre II was led by senior managing director H. Dan Miller and associate directors Martin Hogan and Trent Agnew.
The Jones Lang LaSalle team representing Midway Companies was led by executive managing director Tom Fish, executive vice president James Tramuto and senior vice president Robby Zorich.