Houston
Welcome Group Lands $300M Capital Infusion
The Texas developer will use the funding from an investment vehicle managed by Almanac Realty Investors to reinforce its existing strengths in single-tenant projects, primarily industrial.
Brookfield to Redevelop 4.2 MSF Houston Center
The company, which acquired the four-building office campus for $875 million in late 2017, plans to launch a major upgrade of the property next month.
JLL Brokers 3 Self Storage Sales
The firm arranged the sales of two Houston-area facilities and one property located in Crestwood, Ill. The assets changed hands in separate deals.
UPI Renews 113 KSF Lease in Houston
The project management firm chose to keep its headquarters at the three-building Loop Central office campus. Teams from Transwestern and CBRE negotiated the renewal.
Historic Houston Office Property Gets $53M Refi
On behalf of Contrarian Capital Management and Cameron Management, JLL Capital Markets arranged the loan from MetLife Investment Management.
Bond Collective Enters Houston Market
The coworking firm signed a lease for more than 25,000 square feet at Pennzoil Place, an iconic high-rise in the city’s CBD. Transwestern and Cushman & Wakefield assisted the parties in the deal.
Cloud Computing Firm Inks 118 KSF Lease in Houston
PROS is relocating its offices to Thor Equities’ new 1 million-square-foot mixed-use Kirby Collection, located in the Greenway Plaza submarket.
HFF Completes Southeast Houston Retail Asset Sale
Lister Property Co. sold the roughly 14,000-square-foot property to a Chinese family trust. Walgreens is the only tenant of the building.
Commonwealth Commercial Hires Managing Director
Working from the company’s new Houston office, William Fehmer will oversee property portfolios, acquisitions and dispositions, as well as development strategies and third-party property services.
JLL Secures Financing for Houston Facility
Central Southwest Texas Development received the loan for the construction of a 132,350-square-foot self storage development in Houston’s Westchase submarket.