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RNR Real Estate Briefs

by Realty News ReportMarch 23, 2020July 5, 2020
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HOUSTON – (Realty News Report) – Prime Natural Resources leased 23,782 SF in an office sublease at the former One Shell Plaza, 910 Louisiana St., Houston from Shell Oil Co., the landlord. NKF’s Michael Lisch, John Luck and Joshua Brown handled the deal.

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Reed Vestal, Taylor Schmidt and John Erck of Lee & Associates – Houston represented 290 Commerce Center Venture, LLC, in the purchase of 37 acres on Cypress North Houston Road in Cypress. Lee & Associates – Houston brokered the transaction.

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The Cookshack has leased 3,431 SF of retail space in Washington Central, 4015 Washington Ave., from DZ Washington, LLC. Ashley Strickland and Nick Ramsey of NewQuest Properties represented the landlord. Kyle Anz of HGA Holdings, LLC, acted on behalf of the tenant.

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Reed Vestal and Taylor Schmidt of Lee & Associates – Houston represented Vigavi Pasadena Blvd, LLC, in the purchase of two industrial properties totaling 9.73 acres at 4116 and 4222 Pasadena Blvd. in Pasadena. Lee & Associates – Houston represented the buyer and Vince Elder with Service Realty Inc. represented the seller, LINC Ministries International.
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Chipotle Mexican Grill has leased 2,483 SF of retail space in Four Corners, 9318 Highway 6 S., Houston, from CFT NV Developments LLC. Andrew Alvis of NewQuest Properties represented the landlord. Traci Holman of Baker Katz worked on behalf of the tenant.

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United Fire & Casualty Co. extended a 46,068 SF office lease at Galaxy II, 455 E. Medical Center Blvd., Webster. Andy Iversen, Griffin Rich and Kaitlyn Johnson from Newmark Knight Frank represented the tenant. The landlord is Galaxy II, LLC.

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JX Nippon Oil Exploration (USA) Ltd.obtained a new 12,915 office lease at Thirty-Forty Post Oak Building, 3040 Post Oak Blvd., Houston. John Luck, Andy Iversen and Kaitlyn Johnson from NKF represented the tenant. CBRE was also involved. The landlord is MCP 3040 Post Oak, LLC.

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Accu-Tech Corporation extended a 22,950 SF industrial lease at West Road Business Park I, 9790 West Road, Houston. Bob Luttrell from NKF represented the tenant and agents from CRESA Partners were also involved. The landlord is Eastgroup Properties, LP.

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AT&T has leased 2,055 SF of retail space in Four Corners, 9318 Highway 6 S., Houston, from CFT NV Developments LLC. Andrew Alvis of NewQuest Properties represented the landlord. Elliott Bridger  of Streetwise Retail Advisors worked on behalf of the tenant.

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Lee & Associates – Houston represented CEJ Holdings, LLC,in the sale of a 15,500 SF industrial property at 2003 Wilson Road in Humble, Texas. Patrick Wolford  represented the buyer and Blake Gibson worked for the seller.

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DeLong Automotive Group, LLC, secured a lease for a 9,750 SF industrial space at 13014 Brittmoore Park Drive in Houston. Finial Group, in partnership with Senterra, purchased this asset as part of a programmatic fund that aggregates industrial buildings in Texas and is on target to acquire more than $100 million worth of similar buildings. Matt Thomas with Flatrock Companies represented the tenant while Finial Group represented the landlord in this transaction.

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Willis Hillside RV Resort, LLC,has purchased 20 acres at 13390 E. FM 1097 in Willis from Sam and Zina Bosworth. Randy Nerren of NewQuest Properties represented the buyer. David Alexander of Newcor Commercial Real Estate worked for the seller.

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Reed Vestal and Taylor Schmidt of Lee & Associates – Houston represented Vigavi Zen, LLC in the leasing. of a 29,954 SF industrial property at 4111 Greenshadow Drive in Pasadena, Texas. Lee & Associates – Houston represented the landlord and Carlton Anderson  with CBRE worked on behalf of the tenant, Johnson Controls, Inc.

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EEPB Company extended a 28,987 SF office lease at Brookhollow Central III, 2950 North Loop W., Houston.  Reggie Beavan IIIand Kaitlin Johnson from NKF represented the tenant. The landlord is Hertz Houston Brookhollow, LP.

March 23, 2020 Realty News Report Copyright 2020

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