RNR Real Estate Briefs from Realty News Report – HOUSTON – Hiffman Nationala commercial real estate management firm, has been named to manage 12012 Wickchester Lane, in the heart of Houston’s energy corridor. Woodside, a Fort Worth-based real estate fund manager, recently purchased the six-story, 110,000-square-foot office building. “Woodside has an incredible track record of repositioning suburban office buildings like this as high quality, value tenant space options,” said Jim Taintersenior vice president – Sun Belt Region for Hiffman National.
HOUSTON – Tyler Maner and Woody Hillyer from Stream Realty Partners will lease a new distribution warehouse that broke ground March 13 in Houston. The development is at 13606 Furman Road, near Highway 288 and Almeda Genoa Road. Josh Tillis is the CEO of Vault Partnersthe developer of the 185,250-SF project.
THE WOODLANDS — Vitrian and Howard Hughes Corp. has formed a joint venture to develop cGMP/Biomanufacturing facilities in The Woodlands. Building on the cluster of life science research and development and bioproduction in The Woodlands, anchored by Cellipont Bioservices, Millipore Sigma, VGXI and KBI Biopharma.
HOUSTON — A 1,302 SF retail building at 1005 Hogan Street has sold. Michael “Mike” Pittman II of Cushman and Wakefield represented the seller.
WILLIS, Texas – SVN J. Beard Real Estate – Greater Houston arranged for the sale of 49 acres of land in Willis, off Longstreet Road near I-45. Diana Gaines represented the private seller and Michael Zine of Keller Williams represented the buyer.
HOUSTON – Go Ship has leased 1,400 SF in the Howard/Winkler Center at 8412 Winkler Drive in Houston. The homeowner was represented by Cameron Free of Wulf & Co.
HUMBLE, Texas – Partners Property arranged a 5,773 SF lease for Avenue 360 Health and Wellness located at 18842 S. Memorial Drive in Humble. Partners Trey Martin represented tenant. Avison Young’s Michael Martin represented the landlord, Schmid-Moulton Parkway, Ltd.
HOUSTON – Medikon, LLC leased space at 6001 Centralcrest Street, near Highway 290 and Loop 610. Andrew Bischoff and John Buckley with Last group represented landlord, TGFG 6001 Centralcrest Hou, LLC.
HOUSTON — AQ Investments purchased a 1,600 SF building on a 24,738 SF lot at 925 E Tidwell. The property was previously owned by Madaka, an investment group, and was occupied by Church’s Chicken for many years. The seller was represented by Cotton Munson by Davis Commercial.
HOUSTON – House of the Covenant Texas, the Montrose-based nonprofit that provides housing and support services to youth experiencing homelessness, has broken ground on a 104,000 SF building on Lovett Boulevard in the Montrose area.
TEXAS — RNR Real Estate Briefs from Realty News Report
AUSTIN – Newmark announced the sale of Henley Riverside, a 368-unit multifamily property at 6107 East Riverside Drive in Austin. Newmarks Patton Jones and Andrew Dickson represented the seller, an affiliated company Treeline Genuine Property Partners.
SCHERTZ, Texas– Partners Genuine Property arranged a 115,760 SF industrial lease in Selma Industrial Park Building II at Alamo Parkway in Schertz. Partners John Coll glasses, Carlos Marquez and Kyle Kennan represented the landlord, Robinson Weeks Partners, LLC. Jonathan Dandurand of Burr and Temkin represented tenant.
ARLINGTON, Texas – The Nehemiah Company groundbreaking for Talia, a new community that will bring 2,500 new homes to the city of Mesquite and the Forney Independent School District. The community will encompass about 600 acres and will be located along FM 2757 south of Interstate 20. Presales should begin by the end of the year.
BRIGGS, Texas – Partners Genuine Property arranged the sale of 368 acres of land at N US Hwy 183 in Briggs. Partners Aaron Gill and Todd Mahler represented the seller, Rex Douglas Michel, Jr. representative of The Wendell Rollins Hanson Briggs Trust.
RICHARDSON, Texas – Hunting companies is developing a 384-unit apartment building on North Greenville Avenue in Richardson. Occupancy is planned for early 2025. Caroline Eastside Apartments is being developed by Hunt with Walker Dunlop as lender. The building was designed by HEDK Architects and the construction will be managed by KWA Construction. ZRS Management will be responsible for letting and management.
NATIONAL – RNR Real Estate Briefs from Realty News Report
SALT LAKE CITY, UTAH—Houston–based The Patrinely Group has leased 7,518 SF of seventh-floor office space at 650 Main to Slalom, a global business and technology company. Located on the corner of Main Street and 600 South in downtown Salt Lake City. 650 Main is a 10-story, 332,000 SF Class A office and retail development.
SAVANNAH, Ga. — Triten Eiendompartnerea Houston-based commercial development and management firm focused on Industrial Service Facilities (ISF) and Industrial Outdoor Storage (IOS), expanded its growing nationwide portfolio with the recent acquisition of a three-property drainage portfolio in Port Wentworth, Ga. Zach Dobinhead of acquisitions in Triten, sourced the properties off the market through a standing relationship with Adana Capital. The acquired portfolio consists of three parcels totaling 13.5 acres at 60 Clifton, 18 Gulfstream and 34 Gulfstream in Savannah’s Port Corridor submarket. The portfolio is currently 100 per cent leased to three established drayage users.
PHOENIX, Ariz. – Ryan McCullough and Tyler Jaynes of Partners Property arranged the sale of a 10,243 SF medical office building on W Thomas Road in Phoenix.
SCOTTSDALE, Arizona – Walton Globala real estate investment and property management company, has sold 680 acres in Grayson County to Farmers Branch, Texas-based Centurion American Development Group for a master-planned community known as Cottonwood.
NEW YORK – Tishman Speyer announced Le Botaniste, a restaurant serving plant-based food, opening this spring at 11 West 42nd Street in Bryant Park. Le Botaniste serves organic, vegan, plant-based meals.
LAKEWOOD, Colo. – Ready capitalLLC, a Los Angeles and Irvine-based private equity real estate investment firm, sold its Aspire Lakewood apartments in Lakewood, Colo. The disposition marks Clear Capital’s 12th sale since 2015 and first sale this year.
March 18, 2023 Realty News Report Copyright 2023
File: RNR Property deed
RNR Real Estate Briefs are published by Realty News Report
RALPH BIVIN’S PROJECT PODCAST
LISTEN: RALPH BIVIN’S PROJECT podcast with Wade Bowlin of Avison Young
LISTEN: THE RALPH BIVINS PROJECT podcast with Cathy Treviño, chairman of HAR
LISTEN: The RALPH BIVINS PROJECT Podcast with Rusty Tamlyn of JLL Capital Markets
LISTEN: RALPH BIVINS PROJECT podcast with Carlos Bujosa from Transwestern
LISTEN: The RALPH BIVINS PROJECT Podcast with Mike Spears of Lee & Associates Houston
LISTEN: RALPH BIVIN’S PROJECT podcast with Arch-Con’s Michael Scheurich
LISTEN: RALPH BIVINS PROJECT podcast with David Schwarz from Transwestern
RNR Real Estate Briefs are published by Realty News Report
Additional newsletters
RNR Real Estate Briefs Reported March 3, 2023
RNR Real Estate Briefs reported on 17 December 2022
RNR Real Estate Briefs reported on January 7, 2023
RNR Real Estate Briefs reported on January 14, 2023
RNR Real Estate Briefs reported on January 21, 2023
Photo: Houston Galleria area. Photo Credit Ralph Bivins, Realty News Report Copyright 2023
