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Tag Archives: JLL

Griffin Partners Buys West Side Office Building

HOUSTON – (Realty News Report)– Griffin Partners acquired the Concourse at Westway, a Class B, 130,223-SF, value-add office building in West Belt submarket of Houston. The seller, EverWest Real Estate Investors, was represented by JLL’s Trent Agnew, Kevin McConn and Marty Hogan. Completed in 1999, Concourse at Westway consists of a two-story office on 11 acres at 4700 West Sam Houston ... Read More »

Exterran Property Sold — 301,000 SF to Calif. Investors

HOUSTON – (Realty News Report) – Redwood Property Investors III LLC, a California-based private investment fund, recently purchased the former Exterran Energy Solutions campus in northwest Houston at 12001 North Houston Rosslyn Road. The project has 301,127 SF of industrial warehouse,  manufacturing and office buildings on 32 acres of land. Clay Pritchett and Zane Carman, of NAI Partners represented Redwood Property ... Read More »

Simpkins Group Sells Central Texas Holdings

AUSTIN – (Realty News Report) – Simpkins Group, a Houston-based real estate firm led by Douglas Simpkins, has sold two of its healthcare properties in Central Texas. JLL handled the sale of two recently completed healthcare facilities totaling 35,000 SF in Austin and San Antonio. The buyer is an affiliate of Capital Square 1031. The portfolio comprises two post-acute neuro-rehabilitation facilities operated ... Read More »

Real Estate Briefs: Houston, Dallas, Austin and National

Real Estate Briefs: Presented by “Houston 2020: America’s Boom Town” – The New Book by Ralph Bivins Read The New Book by Ralph Bivins, Editor of Realty News Report   Houston 2020: America’s Boom Town – An Extreme Close Up Available on Amazon  http://tiny.cc/4a2g6y HOUSTON BRIEFS – Keener Investments has acquired a 378-unit multifamily property in Spring, Texas. The Mira Bella  and ... Read More »

With Renovations Underway, GreenStreet Refinanced with $140 Million Loan

HOUSTON – (Realty News Report) – JLL has arranged a $140 million refinancing of GreenStreet, a 617,000-SF mixed use development in downtown Houston. JLL worked on behalf of the borrowers, Lionstone Investments and Midway to secure the loan, which was provided by Blackstone Real Estate Debt Strategies. GreenStreet, covering four blocks near the intersection of Fannin and Lamar, is undergoing ... Read More »

Sold: The Mix, a Full-Block Development in Midtown Houston

HOUSTON – (Realty News Report)  – The Mix @ Midtown, a 73,000-SF retail property that is housed on an entire city block in Houston’s Midtown neighborhood has been sold. JLL marketed the property on behalf of the seller, Crosspoint Properties, who developed the property in 2008. Fifth Corner, in a joint venture with Pointer Real Estate Partners, purchased the asset. ... Read More »

Austin Firm Buys Energy Corridor Project

HOUSTON – (Realty News Report) – F&B Capital has acquired Alexan Enclave, a 354-unit apartment community located in West Houston’s Energy Corridor. JLL marketed the property on behalf of the seller, Trammell Crow Residential and Cigna Investment Management. F&B Capital, an Austin-based real estate investment firm, purchased the project free and clear of existing financing. Additionally, JLL worked on behalf ... Read More »

Fuller Realty Partners Acquires Another West Houston Office Building

HOUSTON – (Realty News Report) – An affiliate of Fuller Realty Partners has acquired Westchase Place, a Class A six-story office building located at 11200 Richmond Avenue, in the heart of Houston’s Westchase District. JLL’s Rudy Hubbard, Kevin McConn, and Rick Goings represented the seller, CAPSTAR Real Estate Advisors. Fuller Westchase Place, Ltd. an entity affiliated with locally based Fuller ... Read More »

“Houston is one of the hottest markets in the US for multifamily investors,” says major CRE Firm

HOUSTON – (Realty News Report) – REEP Equity and Hashem Holdings have acquired the 128-unit Candleridge Park Apartments in Houston – which is a hotbed for investors, JLL said. “Houston is one of the hottest markets in the US for multifamily investors,” said JLL senior vice president  CW Sheehan. “The rental market remains strong thanks to a thriving energy sector, ... Read More »

Midtown Company Leases Office Space in New Mixed-Use Project in The Heights

HOUSTON – (Realty News Report) – The Miller Grossbard Advisors, LLP accounting has signed a lease for 14,000 SF of office space at the M-K-T mixed-use development in The Heights. M-K-T, an adaptive re-use project is currently under construction as a joint venture of Triten Real Estate Partners and Radom Capital, LLC. M-K-T is a collection of adapted industrial buildings ... Read More »

JLL Finance Team Leaves Firm to Open Walker & Dunlop Office

HOUSTON – (Realty News Report) – A group of veteran commercial real estate finance professionals from Jones Lang LaSalle have been retained to start a Walker & Dunlop office in Houston. Mike Melody, Tom Melody, Tom Fish and Paul House have been named managing directors at Walker & Dunlop’s new office in Houston. Jonathan Paine was named senior vice president. ... Read More »

Investor Makes Play in Pearland (Ranked as the 10th Fastest Growing City in the Nation)

PEARLAND, Texas – (Realty News Report) – TIG Real Estate Services has sold a mixed-use center Pearland, a high-growth suburb south of Houston. The JLL Capital Markets team representing the seller consisted of Senior Managing Director Dan Miller, Director John Indelli and Analyst Bryan Strode. “Investor sentiment for real estate in Pearland, one of the fastest-growing markets in Houston, continues to ... Read More »

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