RNR Real Estate Briefs – HOU, DAL, AUS, SAT – and more

RNR Real Estate Briefs from Realty News Report  – ROSENBERG, Texas – Taylor Schmidt, Reed Vestal, and John Erck of Lee & Associates – Houston represented multiple family trusts in the sale of 184.3 acres on Cottonwood Church Road in Rosenberg, southwest of Houston.


Pearland, Texas– – 14800 Jersey Shore Drive, LLC., recently sold its former industrial campus in Pearland at 320, 322 & 324 Riley Road which consisted of 105,664 SF in three industrial buildings on 32.7 acres of  land  to BHVA Real Estate Holdings, LLC. Clay Pritchett, and Zane Carman, of NAI Partners represented 14800 Jersey Shore Drive, LLC. on the sale transaction while Matt Rogers with Oxford Partners represented the buyer, BHVA Real Estate Holdings, LLC.


HOUSTON – Martin Preferred Foods, L.P., a local leader in food distribution and processing for 75 years, has renewed 73,586 SF of space at 2017 White Street.  The landlord, Prologis, was represented by Ryan Patronella.  The tenant was represented by Mark Kidd, Sr. and Mark Kidd, Jr. of M Kidd Properties, Inc.


HOUSTON – Van Leeuwen Ice Cream leased a 923 SF space in Rice Villageat 2565 Amherst St.  Burdette Huffman of The Blue Ox Group represented Rice Village. Jason Kastner of Dochtner & Alexander Retail Advisors and Zac Hoffer with The Retail Connection represented the tenant, Van Leeuwen.


The Woodlands – Scooter’s Coffee will soon make its debut into the Houston market  at CreeksidePark Village Center newest retail development within the Creekside Park Village Center in The Woodlands, according to Howard Hughes Corp.


The Woodlands – Neal King of The J. Beard Real Estate Company has represented Lone Oak Holdings, LLC, in the sale of a 10,000 SF office building situated on 9.5 acres of land in Tomball at 1600 East Hufsmith, adjacent to the new Broussard Community Park near FM 2978. Joseph Pantoja of Realm Real Estate Properties represented the undisclosed buyer,


CYPRESS – La V’Salon has leased 1,400 square feet of space in the HEB Grant Shopping Center located at 14041 Grant Road in Cypress, Texas. The Landlord was represented by Kristen Barker of Wulfe & Co.

TEXAS

SAN ANTONIO – CBRE announced plans  to consolidate its three San Antonio offices in the Oxbow building at 1803 Broadway Street. The firm will relocate its 81 employees to approximately 17,000 SF of office space on the top floor of Silver Ventures’ new eight-story building in Q2 2021.CBRE’s Christi Griggs and Steve Thomas, who oversee the leasing and marketing for the Oxbow, represented Silver Ventures in the lease negotiations.


DALLAS – The new 14-story Marriott Dallas Uptown, located at the intersection of Fairmount and Carlisle will open in January.  The 225-room hotel was developed by Alamo Manhattan. Design is by WDG Architecture.


Austin – NAI Partners recently arranged a 13-Acre land Sale for Hospice Austin at 3207 Ferguson Lane in Austin. NAI Partners’ Todd Mahler represented the buyer


Converse – NAI Partners recently arranged the sale of a 7,225-sq.-ft. O’Reilly Auto Parts retail property for Agree Stores, LLC at 8142 Kitty Hawk Rd in Converse. NAI Partners’ Joe DeCola along with Cole Flanagan of Investment Property Advisors represented the seller in the transaction.


FRISCO, Texas – Houston-based Whitestone REIT announced two realty firms have leased space in its Shops at Starwood center in Frisco. RE/MAX DFW Associates, led by Mark and Kay Wolfe, has 125 agents. The new office for United Real Estate Dallas is its second  office in Frisco.


MCALLEN, Texas –  Marcus & Millichahandled the sale of Texan Mobile Home Park, a 880,783-square foot manufactured homes community located in McAllen at 2917 W. US Highway 83.


CARROLLTON – With 28,989 SF of deals inked recently, Avion Business Center Building 500 is now at full occupancy. Younger Partners’ Trae Anderson and Garrett Marler represent the landlord, Fort Worth-based Fort Capital, which acquired the three-building property,  2155 Chenault Dr. in Carrollton, in February.


LEWISVILLE – EastGroup Properties recently purchased 11.2 acres at 2300 East State Highway 121 in Lewisville. Dan Spika, SIOR, EVP and Principal of Henry S. Miller’s Industrial Division, represented the seller, D & M Boat Brokerage.


San Antonio– NAI Partners recently arranged a 5,000-sq.-ft. industrial lease for Pruitt Tools & Supply at 2747 S Foster Rd. in San Antonio. Colten Courtney of NAI Partners’ San Antonio Industrial team represented the tenant.

NATIONAL – RNR Real Estate Briefs

BOULDER, Colo. – Fort Worth-based Crescent Real Estate LLC, led by John Goff, acquired the seven-building Medtronic Campus in Boulder. The purchase agreement includes a sale-leaseback arrangement with the current owner, Covidien, a large, global medical technology company, which is part of Medtronic.The Medtronic 23-acre campus has 453,565 SF of office, manufacturing, laboratory, and warehouse space.


INDIANAPOLIS – JLL Income Property Trust acquired the Whitestown Distribution Center, an  industrial portfolio in the submarket of Whitestown. The two-building portfolio, which is 100 percent leased, totals 720,000 SF. The purchase price was $62 million.


NATIONAL HARBOR, Md. – Peterson Companies announced that Pulte Homes will build  The Flats at National Harbor144 modern condominium homes available in summer, 2021.  National Harbor is situated on the banks of the Potomac River .


Dec.19, 2020 Realty News Report Copyright 2020


File: RNR Real Estate Briefs


Caption: View of downtown Houston from East River. Courtesy Midway.

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