RNR Real Estate Briefs from Realty News Report – HOUSTON – Hiffman National, a commercial property management firm, has been named to manage 12012 Wickchester Lane, in the heart of Houston’s Energy Corridor. Woodside, a Fort Worth-based real estate fund manager, recently acquired the six-floor, 110,000-square-foot office building. “Woodside has an incredible track record of repositioning suburban office buildings like this one as high-quality, high-value tenant space options,” said Jim Tainter, senior vice president – Sun Belt Region for Hiffman National.
HOUSTON – Tyler Maner and Woody Hillyer of Stream Realty Partners will lease a new distribution warehouse that broke ground March 13 in Houston. The development is at 13606 Furman Road, near Highway 288 and Almeda Genoa Road. Josh Tillis is Managing Director at Vault Partners, the developer of the 185,250-SF project.
THE WOODLANDS — Vitrian and The Howard Hughes Corp. have formed a joint venture to develop cGMP/Biomanufacturing facilities in The Woodlands. Building upon the cluster of life science research and development and biomanufacturing in The Woodlands, anchored by Cellipont Bioservices, Millipore Sigma, VGXI, and KBI Biopharma.
HOUSTON — A 1,302 SF retail building at 1005 Hogan Street has been sold. Michael “Mike” Pittman II of Cushman & Wakefield represented the seller.
WILLIS, Texas – SVN J. Beard Real Estate – Greater Houston facilitated the sale of 49 acres of land in Willis, off Longstreet Road near I-45. Diana Gaines represented the private seller and Michael Zin of Keller Williams represented the buyer.
HOUSTON – Go Ship has leased 1,400 SF in the Howard/Winkler Center at 8412 Winkler Drive in Houston. The landlord was represented by Cameron Free of Wulfe & Co.
HUMBLE, Texas – Partners Real Estate arranged a 5,773-SF lease for Avenue 360 Health and Wellness located at 18842 S. Memorial Drive in Humble. Partners’ Trey Martin represented the tenant. Avison Young’s Michael Martin represented the landlord, Schmid-Moulton Parkway, Ltd.
HOUSTON – Medikon, LLC leased space at 6001 Centralcrest Street, near Highway 290 and Loop 610. Andrew Bischoff and John Buckley with Finial Group represented the landlord, TGFG 6001 Centralcrest Hou, LLC.
HOUSTON — AQ Investments purchased a 1,600 SF building on a 24,738 SF lot at 925 E Tidwell. The property was previously owned by Madaka, an investment group, and was occupied by Church’s Chicken for many years. The seller was represented by Cotton Munson of Davis Commercial.
HOUSTON – Covenant House Texas, the Montrose-based nonprofit that provides housing and support services to youth experiencing homelessness, has broken ground on a 104,000-SF building on Lovett Boulevard in the Montrose area.
AUSTIN – Newmark announced the sale of Henley Riverside, a 368-unit multifamily property at 6107 East Riverside Drive in Austin. Newmark’s Patton Jones and Andrew Dickson represented the seller, an affiliate of Treeline Real Estate Partners.
SCHERTZ, Texas– Partners Real Estate arranged a 115,760 SF industrial lease in Selma Industrial Park Building II at Alamo Parkway in Schertz. Partners’ John Colglazier, Carlos Marquez and Kyle Kennan represented the landlord, Robinson Weeks Partners, LLC. Jonathan Dandurand of Burr & Temkin represented the tenant.
ARLINGTON, Texas – The Nehemiah Company broke ground for Talia, a new community that will bring 2,500 new homes to the city of Mesquite and the Forney Independent School District. The community will encompass some 600 acres and will be located along FM 2757 south of Interstate 20. Pre-sales should begin by year’s end.
BRIGGS, Texas – Partners Real Estate arranged the sale of 368 acres of land at N US Hwy 183 in Briggs. Partners’ Aaron Gill and Todd Mahler represented the seller, Rex Douglas Michel, Jr. substitute trustee of The Wendell Rollins Hanson Briggs Trust.
RICHARDSON, Texas – Hunt Companies is developing a 384-unit apartment building on North Greenville Avenue in Richardson. It is scheduled for early 2025 move-ins. The Caroline Eastside Apartments are being developed by Hunt with Walker Dunlop serving as lender. The building was designed by HEDK Architects and construction will be led by KWA Construction. ZRS Management will be responsible for leasing and management.
SALT LAKE CITY, UTAH — Houston–based Patrinely Group has leased 7,518 SF of office space on the seventh floor of 650 Main to Slalom, a global business and technology company. Located at the corner of Main Street and 600 South in downtown Salt Lake City. 650 Main is a 10-story, 332,000 SF Class A office and retail development.
SAVANAH, Ga. — Triten Real Estate Partners, a Houston-based commercial developer and management firm with a focus on Industrial Service Facilities (ISF) and Industrial Outdoor Storage (IOS), expanded its growing nationwide portfolio with the recent acquisition of a three-property drayage portfolio in Port Wentworth, Ga. Zach Dobin, head of acquisitions at Triten, sourced the properties off-market through a standing relationship with Adana Capital. The acquired portfolio consists of three parcels totaling 13.5 acres at 60 Clifton, 18 Gulfstream and 34 Gulfstream in Savannah’s Port Corridor submarket. The portfolio is currently 100 percent leased to three established drayage users.
PHOENIX, Ariz. — Ryan McCullough and Tyler Jaynes of Partners Real Estate arranged the sale of a 10,243 SF medical office building on W Thomas Road in Phoenix.
SCOTTSDALE, Ariz. – Walton Global, a real estate investment and land asset management company, has sold 680 acres in Grayson County to Farmers Branch, Texas-based Centurion American Development Group for a master-planned community known as Cottonwood.
NEW YORK – Tishman Speyer announced Le Botaniste, a restaurant serving plant-based cuisine, will open this Spring at 11 West 42nd Street located at Bryant Park. Le Botaniste serves organic, vegan, plant-powered meals.
LAKEWOOD, Colo. – Clear Capital, LLC a Los Angeles and Irvine-based private equity real estate investment firm, sold its Aspire Lakewood apartments in Lakewood, Colo. The disposition marks Clear Capital’s 12th sale since 2015 and first sale this year.
March 18, 2023 Realty News Report Copyright 2023
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