Sunday, November 27, 2022
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Houston real estate transactions

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.”

Third Coast Chemical compounds leased 22,314 sq. ft of workplace house at 13100 House Middle Blvd. Trey Martin of Companions Actual Property represented the tenant. Scott Fikes of JLL represented the owner, Billipp House Middle LP.

U.S. Pallet Racks opened an almost 30,000-square-foot stocking warehouse at 21287 Foster Highway in Spring. The corporate distributes pallet racks and different materials dealing with gear produced by Nucor Warehouse Methods to their seller community. Nucor manufactures pallet racks in Los Angeles, Houston and Atlanta. The pallet racks are utilized in warehouses and distribution facilities.

RELATED: Actual property transactions: Woodlands workplace campus fills with tenants

VGXI Inc., a contract developer and producer of biopharmaceuticals together with vaccines and gene therapies, opened a 120,000-square-foot headquarters and manufacturing facility in Conroe’s Deison Know-how Park, the Conroe Financial Improvement Council introduced. VGXI relocated from The Woodlands.

Encino Environmental Providers leased 10,800 sq. ft at 20302 Park Row within the Westborough business Park in Katy. Kevin Poynter of Poynter Industrial Properties Corp. represented the tenant. Judd Harrison of KBC Advisors and Chris Klein of Colliers represented the owner.

WSB & Associates leased 6,109 sq. ft within the Power Tower constructing at 11700 Katy Freeway. Kevin Poynter of Poynter Industrial Properties Corp represented the owner, Atlas Power Tower LLC, an affiliate of Atcap Companions. Travis Taylor of Lee & Associates represented the tenant.

Corum Properties bought 55 acres with frontage on the north aspect of Interstate 10 west of the Brazos River in Sealy. Garth Plyler and Matt Rogers of Oxford Companions represented the customer. Matt Barnes with All Metropolis Actual Property represented the vendor, FM Land Holdings.

Decedent Logistics Corp. leased 6,500 sq. ft at 5727 Glenmont Drive. Jason Gibbons and Andrew Bischoff of Finial Group represented the owner, Glenmont Properties.

Houston-based Lovett Industrial broke floor on Innovation Ridge Logistics Park, a three-building industrial business park totaling 1.1 million sq. ft within the metropolis of Forney close to Dallas. Completion is deliberate in September of 2023.

Welcome Group, a Houston-based actual property improvement agency, bought 840 Logistics Middle, a 709,652-square-foot distribution heart in Mt. Juliet, Tenn. JLL Capital represented the vendor, Westmount Realty Capital. Inbuilt 2008, the property at 245 Couchville Industrial Blvd. is leased to Provide Chain Warehouses and Superior third Social gathering Logistics. 

Dallas-based Large Sky Medical bought the Westinghouse Constructing at Windfall Park in School Station. Oldham Goodwin Capital, the true property personal fairness funding and improvement arm of Oldham Goodwin, acquired and redeveloped the 175,752 square-foot facility, which anchors the 52-acre analysis and life science campus, in 2016.

Westchase District renewed its 4,032 square-foot workplace lease at 10370 Richmond Ave. Jason Whittington of Companions Actual Property represented the tenant. Brad Fricks of Stream Realty Companions represented the owner, FSP Westchase.

Houston Symphony Society renewed 4,216 sq. ft at 5151 Mitchelldale. Justin Harrity represented the owner, Hartman Revenue REIT.

45N Kana Hospitality bought 1.04 acres at 9422 North Freeway from United Constructed Properties. The customer was represented by Alex Wisnoski of Texas CRES and the vendor was represented by Elise Weatherall of Wulfe & Co.

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Editorial staff
Editorial staff
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