Texas Real Estate Briefs — Realty News Report Updates

Houston real estate briefs

Allied Industrial Sales has leased 42,842 square feet at 3003 Highway 225 in Pasadena. The tenant was represented by John Luck and Griffin Rich of Newmark Knight Frank, while the landlord in the transaction was LIT Industrial Limited Partnership.

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Fluid Flow Products signed a lease for 26,520 square feet of office-warehouse space in Sterling Industrial Park at 186 White Road in Houston. This lease represents an expansion of Fluid Flow’s Houston facility to accommodate manufacturing, distribution and administrative operations. Sterling Industrial Park was represented by Jason Tangen, Jon Lindenberger and Paul Dominique of Colliers International. Fluid Flow Products was represented by Rob Neblett of R.K. Neblett Interest Inc. and Kent Willis of Colliers International.

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Lee & Associates – Houston represented Boudreaux 11715 Properties, LLC in the sale of 9.61 acres at 11715 Boudreaux Road in Tomball. Mike Spears and Cameron Hicks of Lee & Associates – Houston represented the buyer. David Marshall with Dosch Marshall Real Estate represented the seller, 3M Company.

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EDGE Realty Capital Markets brokered the sale of the Mason & Franz center at 2015 North Mason Road in Katy. Burdette Huffman and Josh Jacobs of EDGE represented the seller, Vaquero Mason Franz Partners, LP. Sam Affanhe of Huntington Properties represented the buyer.

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NAI Partners recently arranged a 9,116 square-foot office lease for Advance Energy Partners at 11490 Westheimer Road in Houston. Dan Boyles of NAI Partners represented the tenant. Terri Torregrossa and Kurt Kistler of Moody Rambin represented the landlord, Hertz Westchase Park Plaza, LLC.

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Grub Kitchen + Bar, known for its signature burgers, sandwiches, shakes, salads and bowls, is opening a new restaurant at 19143 Katy Freeway in Katy on August 6. To celebrate the grand opening at Katy Green lifestyle center, the first 100 guests will receive free entrees.

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Marcus & Millichap announced the sale of Jumbo Self Storage, a 47,700 square-foot self-storage facility at 4931 Allen Genoa Road in Pasadena. Roger L. Hendricks from Marcus & Millichap’s Dallas office held the exclusive listing.

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MOD Pizza leased 2,822 square feet in Bellaire Town Center at Bellaire Boulevard and South Rice Avenue in Bellaire. Brooks Shanklin and Josh Jacobs of EDGE Realty Partners represented the landlord. Chris Reyes and Tyler Trevino of SHOP Companies represented the tenant.

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Ball & Farrar Properties LLP purchased a 6,000 square-foot, two-story flex building on 0.27 acres at 1117 Herkimer St., Houston, from Yun Global LLC. Neal Thomson and Chris Dray of NewQuest Properties represented the seller. John Zivley of Oxford Partners Houston represented the buyer.

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HFF closed the sale of Normandy Shopping Center, a 44,297 square-foot retail strip center on 6.07 acres at 12620 Woodforest Blvd. in Houston. The plaza is 98.1% leased and is shadow-anchored by a Kroger store. HFF marketed the property for the seller, Williamsburg Enterprises Limited; a private investor purchased the asset.

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Lee & Associates – Houston represented 2978 Industrial Properties in the sale of 6.93 acres on Hufsmith-Kohrville Road in Tomball. Mike Spears and Patrick Wolford of Lee & Associates – Houston represented the seller. Jake Leissner with LRM Realty represented the buyer, Church Engineering Services, Inc.

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NAI Partners arranged a 56,400 square-foot industrial lease for MIAT College of Technology at 533 Northpark Central Drive in Houston. Chris Kugle and John Ferruzzo of NAI Partners represented the tenant. Jason Dillie of Cushman & Wakefield represented the landlord, Prologis. MIAT provides technical career training, including aviation programs, at locations in Canton, Ohio and Houston.

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Texas real estate briefs

Newmark Knight Frank represented Nexus in a build-to-suit lease for a single-story, tilt-wall office building totaling 36,450 rentable square feet at 5600 Schertz Parkway in Schertz. Scott Lewis of Newmark Knight Frank represented Nexus in the transaction.

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Upstairs Circus DFW, LLC entered into a retail lease for 2,936 square feet at 2810 Main Street in Dallas. Zachary Ballenger with CBRE represented the tenant, while Amy Pjetrovic with Venture Commercial represented the landlord, AP Deep Ellum LLC. Based in Denver with locations in Austin and Minneapolis, this is Upstairs Circus’s first Dallas/Fort Worth location, tentatively scheduled to open in November 2019.

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Idonate LLC signed an office lease for 8,496 square feet at 6111 West Plano Parkway in Plano. Clay Vaughn and Preston Lynn with CBRE in Dallas represented the tenant. Lincoln Property Company acted as broker for the landlord, RJ Dunham and Company Inc.

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FFF Enterprises Inc. obtained an industrial lease for 72,425 square feet at 1650 Lakewide Parkway in Flower Mound. Nathan Lawrence, Krista Raymond and Reid Leinbaugh with CBRE in Dallas represented the landlord, IPT Dallas Distribution Portfolio.

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CBRE announced the sale of Greens of Hickory Trail, a 250-unit multifamily community at 8613 Old Hickory Trail in Dallas. Chris Deuillet and Chandler Sims with CBRE Capital Markets’ Investment Properties in Dallas, along with Jeff Kunitz and Mike Canori with CBRE Affordable Housing in Seattle, represented the seller.

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July 8, 2019 Copyright 2019 Realty News Report

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