RNR Real Estate Overview from Real Estate News Reports –Houston– Ascendant development Construction has been completed on Preserve at Woodridge, featuring 132 single-family built-for-sale units near Woodridge Parkway in Kingwood. Ascendant began leasing the project in June 2023. “The market response to our build-to-rent product has been overwhelmingly positive,” said principal Richard Owen.
Houston — oxford partners Represented Groninger Cleaning Systems in a 14,228 SF lease on Barker Springs Road.oxford partners Riley Caton Represented the tenant. A representative of his BPREP PARK 10 LLC, the landlord, said: carter holmes of Cushman & Wakefield.
CLEVELAND, Texas — Sanor Properties LLC has acquired 189.6 acres of land on FM 787 W from Black Dog Land and Cattle LLC. mark peeler of New quest properties Represented the seller. Anastasio Sanchez of SIS Group LLC Represented the purchaser.
Katy, Texas – commercial real estate company – Houston-based real estate brokerage, development and management company leased 1,800 SF for 1,165 KFB. fred ash represented the landlord, and Eric Broussard of Resolute Real Estate represented the tenant, PJ’s Coffee.
Cypress, Texas — Cy-Fair Center LLC has acquired a 9,100 SF retail building on Skinner Road from the United States. New quest properties. Mark Peeler, Dakota Workman, Rick Regan, Thomas Turner and davis sheffield Representatives from NewQuest Properties represented the seller.
Houston – make an effort Announced the sale of Green’s Crossroads Outparcel in Houston. The 5,736 SF property is located on W Greens Rd. The property is located on a two-tenant lot adjacent to Burlington-based Green’s Crossroads Shopping Center. Situated on a hard corner, it is visible to more than 305,000 vehicles per day on I-45 and W Greens Rd. Jake Dutson of STRIVE served as exclusive representative for the seller.
HOUSTON — Y&K Real Estate has acquired 3.4 acres of land on Rogerdale Road from the Forestine Miller Core 2012 Trust. dakota workman One firm, NewQuest Properties, represented the buyer. alex macris and hunter stockard of partners real estate Represented the seller.
Belleville, Texas – make an effortThe Dallas-based commercial real estate investment and sales company recently announced the sale of the Pizza Hut Center in Belleville. This 100% occupied, 3,800 square foot, two-tenant retail center is located on W Main St.
BAYTOWN, Texas — Shaukat Sunesara has acquired 2.9 acres of land along Highway 146 from Genoa Way Mobile Home Park LLC. brad liebrand and Neil Thomson of New quest properties Represented the seller. Daniel Heng of than commercial Represented the purchaser.
HOUSTON — Two 1930s buildings on Montrose’s Lower Westheimer have been preserved and redeveloped with two thriving eateries: Barcelona Wine Bar and Jeni’s Splendid Ice Cream. Mark Davis of Davis Commercial Real Estate began acquiring the property five years ago, originally consisting of the Holyfield Laundry building built in 1929 and the Old Blue House Antique Shop built in 1930.
HOUSTON – Shan Ali Investment LLC acquired 2.1 acres of land at FM 529 and Hillsdale Creek Drive from HSC FM 529 LP. brad liebrand and glenn dickerson Representatives from NewQuest Properties represented the seller. mayur shah of house houston Represented the purchaser.
HOUSTON – Nothing Bundt Cakes has acquired retail space at Carpenter’s Landing on Wallisville Road and Carpenter’s Landing Way. NewQuest properties. nina irwin Members of NewQuest Properties represented the landlord. mark stanislawski of Commercial Strategic Real Estate Group Represented the tenant.
Texas — RNR Real Estate Overview from Real Estate News Reports
Fort Worth – partners capital We acquired Westcliff Shopping Center, a 134,750 square meter grocery-focused shopping center on S. Hills Avenue in Fort Worth, Texas. This property is the first to be acquired through Partners Capital’s Opportunity Fund V. “This strategic move not only diversifies our portfolio geographically, but also allows us to tap into Fort Worth’s robust and dynamic market,” said Partners President Andrew Pappas. . capital. Jess Dickey of Partners Capital joined the firm in April to source new acquisitions in North Texas. Partners Capital financed the acquisition from his Independent Financial.
Dallas – M Financial Group, Portland-based financial services company leases 52,000 SF Stream Realty Partners QUAD at 2699 Howell Street Streams Ryan Evanich and Marissa Parkin Represents a stream. Dean Collins and Mark Collins of Cushman & Wakefield and Doug Duewerder He was the representative of M Financial.
Mansfield, Texas — Newmark has completed the sale of the Mansfield Urban Industrial Park, a three-building industrial site totaling 267,622 square feet located in Mansfield. Dustin Volz, Stephen Bailey and Dom Espinosa of Newmark Capital Markets and zach liebe The seller, Longbow Interests, is a Dallas-based commercial real estate company that specializes in developing shallow bay industrial buildings. The buyer was High Street Logistics Properties.
McKinney, Texas – make an effort Announced the sale of El Fenix in McKinney. The 8,160 SF restaurant was built in 2001. Adam Gottschalk STRIVE exclusively represents seller Local Favorite Restaurant Group.
Dallas – Dallas location Apricus Realty Capital has acquired its third industrial outdoor storage facility, 11600 CF Hawn. This is a fully occupied 4 acre crane rental storage and maintenance facility. The 8,800 square foot facility includes two buildings.
DALLAS — Independent Beauty Association Inc. has leased 2,459 square feet of office space at Quorum Place from G&I Quorum Place LP. Joe Santallaria and Jared Lark of bradford commercial real estate services Represented the tenant. olivia burns, chase lopez and patrick cruise of stream real estate partner Acted as the landowner’s agent.
Carrollton, Texas – partners real estate Arranged a retail lease with Taqueria Moctezuma on W Frankford Road in Carrollton.partner’s Langin Matthew Represented the tenant. A representative from the landlord, Net CF Frankford Point LLC, said: Patrick McNeff of McNeff Commercial Real Estate.
Dallas – professional vendor partner Closed the transaction at 185,569-SF Refrigerated The Dallas facility is the third and final part of the 469,000 square foot TriTempo real estate portfolio acquired from the national food service company for approximately $50 million. The seller plans to lease back his three buildings in Dallas. Kissimmee and St. Louis, Florida. “After demonstrating execution ability on the Kissimmee facility earlier this year, the seller has shared disposition plans and will acquire the remaining two assets,” said Neil Johnson, Founder and CEO of Provendor. It provided us with an opportunity.”Chris Robinson and Fisher, Scott Delphy and Food properties group Represented both parties in a portfolio sale.
NATIONAL — RNR Real Estate Overview from Real Estate News Reports
Industrial City, California – cushman & wakefield advised City of Industry on the sale of a 275,000 SF light industrial project. His 15-building project, known as the John Reed Commerce Center, is 83 percent leased.Boston real estate investment company long point partner acquired assets.
Atlanta, Georgia – JLL announced 14 transactions totaling 111,262 SF of leasing activity at Terrace, a 1 million SF office campus in Atlanta’s Central Perimeter. Year-to-date activity includes seven new leases, four expansions, and three renewals. JLL’s Brooke Dewey and glen aspinwall Handles terrace leasing and marketing activities on behalf of the owner, an affiliate of MetLife Inc.
WINSTON-SALEM, N.C. — transwestern has been named asset service provider for 200 W. Second St., a 272,820 SF, Class A office building in downtown Winston-Salem, and a 75,470 SF, three-building industrial portfolio in Charlotte’s Airport/West submarket .transwestern Mika Rahmy and Xiomara Rivera will oversee asset services for both properties.
Riverside, California – land advisor organization‘s West Riverside County team represented the seller in the sale of approximately 50 acres of land in the master-planned community of Green Valley to Lennar Homes. This parcel will provide Lennar with 191 single-family homes, and the minimum size will be 6,500 SF. The sale was facilitated by Brian Calicable and Andrew Sinderhoff of Land Advisors Organization, who represented the seller, Cross Lake Partners/Raintree Investment Corporation.
ETC — RNR Real Estate Overview from Real Estate News Reports
Houston – Yadon, a Houston-born gathering place known for its family- and dog-friendly atmosphere and locally sourced food, as well as its house-roasted coffee and Bayou City beers, is moving quickly to set up shop in the city’s Westchase neighborhood. is. The acclaimed hospitality concept, co-founded by Mazen Baltagi, local owner of Chapman & Kirby, Mirna and Christian’s Tailgate, will debut in spring 2024 at a location developed by the Houston-based real estate arm. Planning. McNair’s interests.
Featuring 2,000 square feet of interior space, the design includes: Mars – In addition to a covered patio and a second terrace overlooking the 3-acre lake, Yadong is proud to offer McNair’s “On”, a wooded 24-acre enclave on Deerwood Road at 400 West Sam Houston Parkway South.・The Trails” will serve as an amenity for the community. .
“On the Trails” currently includes the first phase of the development, a mid-rise neighborhood with the recently debuted Remy apartment complex, and construction is underway on the as-yet-unnamed second phase of apartments that Yadong will call home. It’s inside.
The brand, which first launched in 2016, currently has locations in GOOF, Upper Kirby/Levy Park, Spring Branch, and West University Place.
The Yadong concept “will resonate wonderfully within this market area and within this nature-focused, pedestrian-oriented development, further enhancing the resort-style feel,” said Drew, McNair Interests’ senior vice president of real estate. Stephen stated.
McNair purchased the 715-foot Deerwood property on Loop 8 in 2020 and later opened the lake with a dock to the public. Future plans for his 4.6-acre third phase development are being evaluated.
October 21, 2023 Real Estate News Report Copyright 2023
Photo: Cynthia Lescalleet, CALpix Copyright 2023
RNR Real Estate Briefs are published by: real estate news report
Ralph Bivins Project Podcast
Listen: RALPH BIVINS PROJECT Podcast with Gensler’s Dean Strombom
Listen: RALPH BIVINS Project Podcast with Lou Cushman of Cushman & Wakefield
Listen: RALPH BIVINS Project Podcast with Edward Griffin of Griffin Partners
Listen: RALPH BIVINS PROJECT Podcast with Bill Odle of TBG Partners
Listen: RALPH BIVINS Project Podcast with HAR Chair Cathy Treviño
Listen: RALPH BIVINS Project Podcast with Rusty Tamlyn of JLL Capital Markets
Listen: RALPH BIVINS PROJECT Podcast with Transwestern’s Carlos Bujosa
Listen: RALPH BIVINS PROJECT Podcast with Mike Spears of Lee & Associates Houston
Listen: RALPH BIVINS Project Podcast with Arch-Con’s Michael Scheurich
Listen: RALPH BIVINS Project Podcast with Transwestern’s David Schwarz
NEW NEW NEW -THE RALPH BIVINS PROJECT New audio on Spotify:
RNR Real Estate Overview is published by Realty News Report
Additional news summaries
RNR Real Estate Overview Report, October 14, 2023
RNR Real Estate Overview Reported on September 30, 2023
RNR Real Estate Overview Reported on September 22, 2023
RNR Real Estate Overview Reported on September 16, 2023
RNR Real Estate Overview Reported on September 9, 2023
RNR Real Estate Overview Reported on August 26, 2023
RNR Real Estate Overview Reported on August 19, 2023
RNR Real Estate Overview Reported on August 12, 2023
RNR Real Estate Overview Reported on August 5, 2023
RNR Real Estate Overview Reported on July 29, 2023
RNR Real Estate Overview Reported on July 22, 2023
RNR Real Estate Overview Reported on July 15, 2023
RNR Real Estate Overview Reported on June 23, 2023
RNR Real Estate Overview Report June 17, 2023
X Follow me on Twitter @RNRBulletin.
RNR Real Estate Overview
NEW – The Ralph Bivins Project Podcast is now available on Spotify Click here
