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Tag Archives: JLL

Belvoir Real Estate Group Acquires Houston Office Building

HOUSTON – (Realty News Report) – Belvoir Real Estate Group LLC has acquired 7660 Woodway Drive, a 110,529-SF office building located at the intersection of San Felipe Street and Voss Road in Houston’s Memorial Villages neighborhood. Belvoir’s acquisition team was led by Managing Director Matthew Goldsby and Senior Financial Analyst Bradley Smith. “7660 Woodway was already a great asset at ... Read More »

Radom Capital Receives $104.75M in Financing for Montrose Mixed-Use Project

HOUSTON – (Realty News Report) – Radom Capital has received $104,750,000 in financing for the Montrose Collective, a mixed-use project under development near the intersection of Montrose Boulevard and Westheimer. JLL worked on behalf of the borrower, Radom Capital, to secure the construction loan with Bank OZK and joint venture equity from institutional investors advised by J.P. Morgan Asset Management. ... Read More »

Logistics Property Developing 1.7 Million SF in Southwest Market

HOUSTON – (Realty News Report) – Chicago-based Logistics Property Co. is developing CityPark Logistics Center, a 97-acre business park that will have 1.7 million SF in seven buildings in Missouri City on the southwest side of the Houston area. Phase I is currently under construction and scheduled for completion in the fourth quarter of 2020. Located near Beltway 8, Phase ... Read More »

Texas Regional Malls Sold

SAN ANTONIO – (Realty News Report) –Two enclosed regional malls, located in San Antonio and Amarillo, have been sold. A partnership of Mason Asset Management, Namdar Realty Group and CH Capital Group acquired the two regional malls, which total 1.1 million SF. JLL represented the seller, which was not identified. The 663,978-SF South Park Mall was developed in San Antonio in 1968. ... Read More »

TA Realty Acquires Business Park Near the Port of Houston

HOUSTON – (Realty News Report) – TA Realty purchased the East Belt Business Park, a 350,000 SF, four-building industrial project near the Port of Houston in Houston’s Southeast submarket. The seller,a fund advised by Morgan Stanley Real Estate Investing, was represented by the JLL Industrial Capital Markets team that represented the seller was led by Managing Director Trent Agnew, Senior Managing Director Rusty Tamlyn, ... Read More »

RNR Real Estate Briefs from Houston, Austin, Dallas and San Antonio

HOUSTON – (Realty News Report) – HCA Houston Healthcare recently broke ground on the HCA Healthcare Center for Clinical Advancement, a new, state-of-the-art training center. NAI Partners’ Griff Bandy and Joe Bright represented HCA in the transaction for the 48,400 SF building at Pearland Town Center, 11200 Broadway St. It is scheduled to open by early 2021. The healthcare organization signed a ... Read More »

Houston Home Sales Surged in January – Up 14 Percent

HOUSTON – (Realty News Report) – January 2020 was the strongest January for home sales in  Houston real estate history. According to the Houston Association of Realtors, 4,699 single-family homes sold in January, a 14.3 increase over the 4,112 houses sold in January of 2019. Exceptionally low mortgage rates and strong economic signals lifted the Houston housing market. The January ... Read More »

Construction Underway on 440,000-SF Office Project on the North Side of Houston

HOUSTON – (Realty News Report) – A joint venture of Patrinely Group, USAA Real Estate and CDC Houston, announced the start of construction on a two-building campus for the offices of Hewlett Packard Enterprise, north of Houston. Scheduled for completion in spring 2022, the Hewlett Packard Enterprise development will consist of two 5-story buildings located at the southwest corner of ... Read More »

People In Real Estate: Appointments, Promotions and Hirings

HOUSTON – (Realty News Report) – Rand Stephens, Avison Young principal and managing director of the firm’s Houston office, announced the hiring of Michael Dender. Dender is an associate in the company’s Houston office, focusing on landlord representation and expansion of the firm’s agency leasing service line working closely with principals Sam Hansen  and Doug Pack. ………………………… DALLAS – Stream Realty Partners, a full-service national ... Read More »

Land Purchased for Grand Parkway Development

HOUSTON – (Realty News Report) – CJ Development has purchased 43 acres of land located near the intersection of the Grand Parkway and West Bellfort in Richmond. CJ Development, which controls 15 adjacent acres, will develop a mixed-use development that is expected to include retail, restaurant, medical, fitness, and other business enterprises. The new development, named Grand Center at Long ... Read More »

Houston Office Building Sold to Investment Fund

HOUSTON – (Realty News Report) – Madison Marquette has sold a six-story Greenway Plaza area office building to a Griffin Partners fund. JLL Capital Markets marketed the 136,700-SF boutique office building, 2900 Weslayan, on behalf of Madison Marquette. The building is located on a 2.8-acre site at the corner of Weslayan and West Alabama, in the Inner Loop of Houston, ... Read More »

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 »

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