HOUSTON –(Realty News Report) – Sempra LNG has subleased 66,772 SF at 1500 Post Oak Blvd., an office tower in Uptown Houston. Paul Penland and Graham Horton with CBRE Houston were brokers for the subtenant. Tim Relyea and Morgan Relyea Colt with Cushman & Wakefield of Texas, Inc. were brokers for the sublandlord, BHP.
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HaiDiLao Hotpot has leased 6,295 SF of restaurant space in Katy Grand at Interstate 10 and the Grand Parkway/TX 99, Houston, from NewQuest Properties. Heather Nguyen and Rebecca Le of NewQuest represented the landlord. Pierre Yu, an independent Houston broker, represented the tenant.
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Lee & Associates – Houston represented Southern Star Buske, LLC in the sale of 18 acres on Conroe Park West Drive in Conroe. Mike Spears and Trey Erwin of Lee & Associates – Houston represented the buyer.
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Bk Yale, Ltd. sold an 8,200 SF office on 0.54 acre to Cedar Street Partners, LP, 204 W. 19th St., Houston. Scott Carter with CBRE Houston was the buyer’s representative and Matthew Berry and Robbie Kilcrease, also with CBRE Houston, were the seller’s representatives.
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Pearland Group Investments has purchased 6.15 acres at 14923 Hooper Road, Pearland, from Thao Hoang. Brad LyBrand of NewQuest Properties represented the seller. Steve Dome of Marathon Realty Advisors represented the buyer.
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Othon, Inc. has obtained a new 13,761 SF office lease at 575 North Dairy Ashford in Houston. The tenant’s brokers were Gary Lawless and Dustin Cruz with Cresa. Steve Rocher and Kristen Rabel with CBRE in Houston represented the landlord, I-10 EC Corridor #2 Limited Partnership.
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Lee & Associates – Houston represented Williams Brothers Construction Company in the sale of 15.32 acres on Highway 90 in Houston. Frank Blackwood and Trey Erwin of Lee & Associates – Houston represented the seller and Stephen Schneidau with Cushman & Wakefield Houston represented the buyer, IDEA Public Schools.
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ACF Pyrotechnic, LLC, secured a lease for 13,010 SF of industrial space at 2413 South Houston in Pasadena, Texas. Doc Perrier with Finial Group represented the tenant.
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Holman Fenwick WillianUSA has renewed an office lease for 21,074 SF at 5151 San Felipe in Houston, and plans to expand. Drew Morris and Jim Bell with Savills were brokers for the tenant. Jason Presley and Warren Savery with CBRE in Houston represented the landlord, Granite Barnhart Sage Plaza, LP.
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Global development and construction firm Skanska has announced that its new Bank of America Tower in downtown Houston received a three-star rating from Fitwel, a certification system for optimizing building design and operations to support human health and well-being.
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Chemical & Engineering, Inc. has renewed an office lease for 8,813 SF at 2100 Space Park Drive in Houston. Missy Downey with CBRE in Houston represented the tenant while Ace Schameus and Jenny Seckinger with Colliers were brokers for the landlord, TechTrans International, Inc.
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The Woodlands-based adWhite Marketing & Design has relocated its headquarters to the Magnolia Crossing development in Magnolia, Texas. Lease negotiations were handled by Newcor Commercial Real Estate. Ryan Dierker and Matt Gonzales of Newcor represented the tenant with the acquisition of 1,521 SF of office space at 33300 Egypt Lane.
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HRD Interests, LLC, purchased an 11,187 SF structure on .72 acre at 2409 Airline Drive, Houston, from Sam A. Messina, trustee of the Lillie G. Messina Exempt Bypass Trust. Chris Dray and Alex Wright of NewQuest Properties represented the buyer. Pam Messina of Messina Properties represented the seller.
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Newmark Knight Frank has been involved in a number of recent real estate transactions, including the following four in Houston:
Owens & Minor Distribution, Inc. has renewed a 124,044 SF industrial lease at the Owens & Minor Building, 2700 Brittmoore Road. Jim Cooksey and Adam Faulk of NKF were agents for the tenant. Outside agents came from Stream Realty Partners and G&I IX Kempwood, LLC, landlord for the property.
Interface EAP has extended its office lease for 5,017 SF at 2424 Wilcrest Drive. Greg Marconi of NKFwas agent for the tenant. LandPark Commercial’s agents were also involved. Landlord is Sunblossom Wilcrest 2424, LLC.
Derby Management, LLC has obtained a office sublease for 4,337 SF at 675 Bering Drive. Philip Price of NKF was agent for the tenant. Representatives from Cushman & Wakefield were also involved. The landlord is Encino Energy, LLC.
Evergreen Shipping Agency (America) Corporation has extended its office lease for 1,451 SF at West Loop I, 6565 West Loop South in Bellaire. Garrison Efird was the NKF agent for the tenant. Others from Pacific Oak Capital Advisors and PM Realty Group were also involved. The landlord is Keppel-KBS West Loop I and II, Inc.
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HSF Affiliates, LLC,has renewed its lease for 5,686 SF at 11000 Richmond Ave., Houston. Ashley Casterlin with Davis Commercial was broker for the tenant. Kristen Rabel, Steve Rocher and Nina Seyyedin with CBRE in Houston represented the landlord, Woodbranch 11000 LLC.
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JLL Capital Markets announced it arranged a $20 million refinancing for Sam Houston Crossing II, a 160,000 SF office property in northwest Houston.JLL worked on behalf of the borrower, Buchanan Street Partners, to secure the five-year, 4.0% loan with East West Bank.The JLL Capital Markets team representing the borrower was led by John Ream and Laura Sellingsloh.
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Parsons Mcentire McCleary, PLC, has renewed its office lease for 6,473 SF at One Riverway, Houston. Jim Bailey at Cushman & Wakefield represented the tenant. Kristen Rabel, Parker Duffie and Marilyn Guion with CBRE in Houston represented the landlord, Riverway Holdings, LP,South Post Oak.
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Hackbarth Delivery Service, Inc. has obtained an industrial lease for 49,701 SF at 1350 Salford Drive, Houston, for its new location. Harper Gully with CBRE in Houston was broker for the tenant. Ed Bane with Bridge Commercial Real Estate was broker for the landlord, Stonelake Capital Partners.
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Cornil-Rowan Houston Ltd. sold a 29,250 SF industrial property on 2.31 acres at 300 Bammel Westfield in Houston to Archway Properties, LP. Bill Rudolf and Kyle Golding with CBRE Houston were the seller’s representatives. The buyer represented themselves.
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Lee & Associates – Houston represented Nazar Invest, Inc. in the sale of a 7,000 SF of industrial property at 15015 Fondren Road in Missouri City, Texas. Preston Yaggi and Cameron Hicks of Lee & Associates – Houston represented the seller and Brett Dishman with Boyd Commercial, LLC, represented the buyer, Jacob Ponniah.
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Ravago Americas, LLC, sold 220,000 SF of industrial property on 175 acres at 18314 Mathis Road in Waller, Texas, to LHG Real Estate, LLC. The seller’s representative was Jim Stark with CBRE Houston.
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Coca-Cola Southwest Beverages, LLC, sold 69,908 SF of property on 6.4 acres at 5800 Surrey Square in Houston to Industrial Fabrics, Inc.
The seller’s representatives were Brendan Lynch, Darin Gosda and Glynn Mireles with CBRE in Houston.
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The Nancy Davis Kimbrell Trust sold 9.34 acres of land on Karalis Road in Houston to The Square. Darin Gosda with CBRE Houston was the seller’s representative. The buyer’s representative was Srini Gogineni with Prime Gain Realty. CBRE also handled the sale of nearly 10 acres to an adjacent ownership group.
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Partners recently arranged a 13,817 SF office lease renewal for planned expansion at Advance Energy Partners, LLC, 11490 Westheimer Road in Houston, Partners’ Dan Boyles represented the tenant while the landlord, Hertz Westchase Park Plaza, was represented by Kurt Kistler at Moody Rambin.
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Panjwani Energy Properties, LLC, has purchased a 0.43-acre tract at 5410 Laird St., Houston, from Little Gear LLC. Chris Dray of NewQuest Properties represented the landlord in the direct deal.
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Quail Corner, LLC, sold 7.61 acres of retail property at 2120 Texas Parkway in Missouri Center, Texas, to JTRE Holdings, LLC, which plans to redevelop the shopping center. Buyer representatives were Brian Ashby and Sydney Dixon with CBRE Houston.
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Phenix Salon Suites has obtained a new lease for 6,950 SF at 947 Gessner in Houston. Brian Ashby and Sydney Dixon with CBRE Houston represented the tenant. Brooks Shanklin with Edge Realty Partners represented the landlord, Blex Exchange, LP.
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Real Estate Transactions Elsewhere in Texas
NAI Partners Austin recently arranged a 2.78-acre land purchase for Spark Root Development & Construction at 8534 S. Congress Ave. in Austin. NAI Partners’ Troy Martin represented the buyer. Joe Willie McAllister of McAllister & Association represented the seller.
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NAI Partners San Antonio recently arranged the sale of more than 350 acres across two transactions. In the first, NAI Partners’ Brett Lum represented the seller in a 93.244-acre sale for SA Round Rock, LLC, at Green Valley Road in Cibolo, Texas. In the second, Partners’ Brett Lum and Carlos Marquez represented the buyer in a 260.22-acre sale for Oelkers at Country Road 445 in Hallettsville, Texas.
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Angela Chen, an associate in the retail division at Henry S. Miller Brokerage, and Jim Turano, an executive in the office division, represented Walnut Hill McArthur, LLC, in the purchase of a 19,952 SF, one-story office building at 1320 West Walnut Hill in Irving. Tyler Maner and Tim Terrell with Stream Realty represented the seller, Walnut Hill Property, LP. The buyer is an acupuncturist and plans to convert the building into a comprehensive and integrative alternative medical center.
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JLL Capital Markets announced it has closed the sale of Marketplace at Towne Center, a 180,522 SF retail center in the Dallas-Fort Worth suburb of Mesquite, Texas. JLL marketed the property on behalf of the seller, Retail Value Inc. A private local investor purchased the asset.
Situated on 20.48 acres, Marketplace at Towne Center is at the northwest corner of US 80 and Interstate 625 (Lyndon B. Johnson Freeway)
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CBRE has announced that Tanium, a California-based technology management and security company, has leased 12,992 SF of office space at Spectrum Center in Addison. The office building is located at 5080 Spectrum Drive. Preston Lynn, Clay Vaughn and Nick DeMartini with CBRE represented Tanium and Aarica Mims and Burson Holman with Granite Properties in Dallas representing the landlord.
Feb. 3, 2020 Realty News Report Copyright 2020
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