Houston
TIG Names Charles Hazen President
Prior to joining the investment management affiliate of Transwestern, the industry veteran led Stanmore Partners for the past four years. He was previously with Hines Corporate Properties for almost three decades.
JLL Arranges Industrial Lease in Houston
JLL’s Mark Nicholas, Richard Quarles and Joe Berwick worked on behalf of the landlord, Schroeder Partnership, in the lease negotiations.
Stream Realty Partners Sells Retail Center in Pearland, TX
The commercial real estate firm sold The Center at Pearland Parkway I. The property is fully leased to national tenants including Ross Dress for Less and T.J. Maxx.
Burton Construction Breaks Ground on 25-Acre Business Park
The local commercial construction company has begun working on the 25-acre Lockwood Business Park. Completion is scheduled for early 2018.
Mission Capital Arranges Acquisition Financing for Houston Hotel
The New York City-based company arranged a $15.3 million acquisition loan for the 120-key Staybridge Suites Houston—Medical Center in Houston.
JLL Arranges NW Houston Industrial Lease Renewal
LSI Industries Inc. extended its lease at Prologis Park–West by Northwest, in a transaction represented by JLL’s Executive Vice President Jeff Venghaus.
Lingerfelt CommonWealth Debuts in Houston with $50M Buy
The Richmond, Virginia-based firm acquired a 14-story office tower located in the Galleria/Uptown submarket. The asset was 81 percent occupied at the time of the deal.
GHX Industrial Anchors Houston Business Park
The industrial distributor will settle into a 143,500-square-foot facility that consists of 121,000 square feet of warehouse and shop space, as well as 22,500 square feet of office space.
Mill Steel Co. Expands While Debuting in Houston
The flat-rolled steel supplier entered the Texas market by opening a new, 100,000-square-foot facility in Houston.
Canadian Fund to Buy Houston REIT in $1.2B Deal
CPPIB will be acquiring Parkway Inc., which has a strong local presence, with an office portfolio of about 8.7 million square feet across 19 properties.