Mixed-Use

HOUSTON — A joint venture between LaSalle Investment Management, Inc. and Houston-based Midway Cos. has acquired CityCentre II, a 149,827-square-foot, mixed-use property in Houston's 1.8 million-square-foot CityCentre development. The six-story CityCentre II is currently 90 percent leased to tenants like BB&T Corp., SEACOR Holdings, Cargill, Inc., and The Tasting Room. The joint venture between LaSalle and Midway has also provided equity for the development of CityCentre III, a 120,000-square-foot, mixed-use center, which is scheduled for a late 2012 completion. Tenants for CityCentre III, which is currently 44 percent pre-leased, include Texas A&M, LLOG Exploration Co. and Montco Offshore Inc. Dan Miller, Martin Hogan and Trent Agnew of Holliday Fenoglio Fowler represented the seller, a joint venture between Midway and L&B Realty Advisors in the transaction, and Tom Fish, James Tramuto and Robby Zorich of Jones Lang LaSalle represented the buyer.

SAN ANTONIO — Dallas-based Crow Holdings Capital Partners has purchased Quarry Village, a 10.7-acre mixed-use development in San Antonio. Quarry Village is San Antonio's first urban main street development and includes The Artessa, a 280-unit apartment community, and a 70,785-square-foot retail development. Holliday Fenoglio Fowler's Craig LaFollette represented the seller, San Antonio-based Embrey Partners, and equity partner Nationwide Insurance in the transaction. The Artessa features a 6,700-square-foot clubhouse, demonstration/catering kitchen, a climate-controlled wine-tasting room, public terraces, a multi-level bocce ball courtyard, two pools, two five-story parking garages and 46,000 square feet of balcony space. The retail portion includes tenants AMAR Cosmetics, Ann's Nails, Avant Salon/Spa, Clear Communications, EyeMasters, Five Guys, Jamba Juice, Max's Wine Dive, Nancy's Boutique, Nest Modern, New Balance, Red Mango, South Texas Saddlery, Starbucks, The Shoe Club and Urban Taco.