Houston actual property transactions
Houston-based Kajani Capital Group bought 10.8 acres in Kingwood Place, an H-E-B-anchored heart on the southwest nook of U.S. 59 and Northpark Drive, for a 300-unit house improvement in northeast Houston. Chris Bergmann Jr. of JLL represented the customer. Joan Collum of Collum Industrial represented the vendor, Austin-based Stratus Properties. Tenants within the 95-percent leased heart embrace Starbucks, Twin Liquors, Rooster Salad Chick, Crust Pizza, Lupe Tortilla, Pressing Vet, Bubbly Paws, European Wax, Jersey Mikes, Nails of America and GoHealth Pressing Care, a division of Memorial Hermann. Kajani Capital additionally just lately broke floor on 336 extra multifamily models in Champions space.
“We are excited to continue growing our portfolio of multifamily properties in the Houston Metro area,” Khalid Kajani, principal at Kajani Capital, stated in an announcement. “With several of the best retail anchor tenants, restaurants, and other amenities, this development will meet all the future tenant’s needs in one place.”