HOUSTON – Realty News Report – RNR Real Estate Briefs — Lee & Associates represented Kalera, Inc. in the leasing of an 83,436-square-foot industrial facility at 7159 Rankin Road in Humble, Texas. Mike Spears of Lee & Associates – Houston and Derek Riggleman of Lee & Associates – Central Florida represented the tenant. Jason Dillee and Nathan Wynne with Cushman & Wakefield of Houston represented the landlord, Jackson-Shaw/TPRF V Parc 59, LLC.
Colliers International announced the sale of two industrial warehouses totaling 31,750 square feet at 12400 and 12402 Taylor Road in Houston. Barrett Gibson and Jason Tangen of Colliers International advised both the seller, H&B Development and Construction LP, and the buyer, TRECAP Management, a real estate investment, management and advisory services firm. The warehouses are fully leased to SRS Distribution Inc.
Re-Bath Houston has leased 5,985 square feet of warehouse space in Prologis West by Northwest, Building 5, 6630 Roxburgh Drive in Houston, from Prologis Targeted US Fund, LP. Chris Dray of NewQuest Properties and Alex Wright (formerly with NewQuest) represented the tenant. Darryl Noon of Transwestern represented the landlord.
Post Oak ER leased 5,575 square feet of medical space in Tanglewood Shopping Center at San Felipe Street and South Post Oak Road in Houston, from RPI Management Co., LLC. Josh Friedlander of NewQuest Properties represented the landlord, and Chadd Bolding of Colliers International represented the tenant.
Lee & Associates – Houston brokers Reed Vestal and Taylor Schmidt represented Vigavi SRDC in the purchase of 8.15 acres on Stafford School Road in Stafford, Texas. Andy Hsu with AA Realty Company represented the seller, Houston Discovery, L.P.
Overhead Door Corporation leased 18,285 square feet at Wallisville Industrial Park, 9135 Wallisville Road in Houston. Jim Autenreith and Sam Rayburn of Moody Rambin represented the owner.
Newmark Knight Frank announced a $54.8 million Freddie Mac refinancing of Nob Hill Apartments in Houston. The financing was led by Matt Greer of NKF’s Multifamily Capital Markets group in Austin on behalf of repeat client Steadfast Companies.
Central Management has been retained by Vigavi Realty to manage West Ten Industrial Park buildings in Katy: Building 2 at 7828 Columbia (16,800 square feet) and Building 4 at 7748 Cherokee Road (9,000 square feet). Luis Villarreal represented the landlord, while Victor E. Vacek, Jr. and Paul Panus, Jr. handled the contract for Central Management.
Bob Banzhaf and Ryan Dierker of Newcor Commercial Real Estate represented tenant Sterling Construction in lease renewal negotiations for their 12,340-square-foot corporate headquarters at One Hughes Landing in The Woodlands.
Dynamic Sports and Family Chiropractic, PLLC leased 1,779 square feet in Miramesa Town Center at 20510 West Road in Cypress, Texas. Haley John of KW Commercial served as the tenant’s broker. Matt McKinnerney and Lane Pleason represented the landlord, Read King Commercial Real Estate.
Jus’ Mac, a mac-and-cheese eatery, signed a 1,100-square-foot lease in The Market at Harper’s Preserve at Highway 242 and Harper’s Trace in Houston. Travis Waltmon of Edge Realty Partners represented the tenant. Jeanie Gibbs, Matt McKinnerney and Lane Pleason represented the landlord, Read King Commercial Real Estate.
My Garage Cypress LLC purchased Creekside Storage, a 33,600-square-foot self-storage facility at 14660 Spring Cypress Road in Cypress. Dave Knobler and Casey Kral of Marcus & Millichap represented the seller.
Floyd’s 99 Barbershop leased 1,400 square feet at Vintage Marketplace, at the southeast corner of Louetta and Cutten roads in Houston. Jamie Weaver of Arena Realty represented the tenant. Jeanie Gibbs, Matt McKinnerney and Lane Pleason represented the landlord, Read King Commercial Real Estate.
Southside Commons (formerly Palace Bowling Lanes) at 4191 Bellaire Blvd. has appointed Central Management as property manager as Triple Crown Investments redevelops the 80,000-square-foot mixed-use property. James Sinclair will serve as property manager and construction supervisor, and Paul Panus, Jr. will be property supervisor, both from Central Management’s Houston office. Arch-Con is the general contractor.
TEXAS
RNR Real Estate Briefs
PLANO, Texas — Renaissance Pathology has selected remaining space in Creekwalk Village’s mixed-use project in Collin County to launch Aperture Next-Gen Laboratory Enterprises, a COVID-19 diagnostic and research facility. The lab will open Aug. 1 in 4,780 square feet of move-in-ready space at 609 W. 15th St. in Plano. Leigh Richter of Bradford Commercial Real Estate Service and Paul Richter represent the landlord, Suriya Legacy, LP.
DALLAS — Dalfen Industrial announced that Goldman Sachs Merchant Banking Division is acquiring a stake in a 46-property last-mile industrial portfolio totaling more than 6.3 million square feet. The portfolio serves e-commerce tenants and is located near major population centers and logistics corridors across multiple MSAs, including Atlanta, Dallas, Chicago, Orlando, Phoenix, Raleigh, Houston, Tampa, Baltimore, Minneapolis, Cincinnati, Columbus, Reno and Jacksonville. The portfolio is approximately 94 percent occupied, with an average property size of about 126,000 square feet.
NATIONAL
RNR Real Estate Briefs
CHICAGO — Lee & Associates has been named listing broker for the Crown Jewel of Lake Pointe Tower. Rick Scardino, principal at Lee & Associates of Illinois, will market the 7,536-square-foot high-rise offering that includes restaurant space, offices, a kitchen prep room and storage on the second floor; the 70th floor contains 4,706 square feet. The property is being offered for the first time in about 50 years. Dr. Dame Evangeline Gouletas, owner of Cité Chicago—the circular fine-dining restaurant at the top of Lake Pointe Tower—has decided to conclude the restaurant’s run, allowing the space to transition to new ownership and uses.
BRADENTON, Fla. — Marcus & Millichap announced the sale of Sarabay Plaza, a 37,601-square-foot retail property, for $2.4 million.
AUSTIN — Austin-based Virtus Real Estate Capital acquired a fully leased office campus in Minnesota. JLL Capital Markets arranged a $26.6 million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot office complex at 13625 & 13675 Technology Drive in Eden Prairie. JLL placed a 10-year, fixed-rate CMBS loan on behalf of the borrower, Virtus.
August 1, 2020 — Realty News Report. Copyright 2020.
File: RNR Real Estate Briefs. File (2) RNR Real Estate Briefs HOU, DAL, AUS, SAT, MDW, SRQ, MCO, MSP
