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3403-N.-Sam-Houston-Parkway-W.-Houston
AcquisitionsIndustrialTexas

MDH Partners Acquires 563,343 SF Industrial Portfolio in Northwest Houston

by Taylor Williams

HOUSTON — Atlanta-based investment firm MDH Partners has acquired a portfolio of nine industrial buildings totaling 563,343 square feet in northwest Houston. Two of the buildings are located at 7220 N. Sam Houston Parkway W, and the other seven buildings are located at 3403 N. Sam Houston Parkway W. The buildings were constructed between 2007 and 2013 and have an average suite size of 19,425 square feet. At the time of sale, the portfolio was 94 percent leased to 26 tenants. MDH Partners has tapped Stream Realty Partners as the new leasing agent. The seller and sales price were not disclosed.

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AcquisitionsMultifamilyTexas

TMG Negotiates Sale of 236-Unit Birchwood Apartments in Lubbock

by Taylor Williams

LUBBOCK, TEXAS — Dallas-based brokerage firm The Multifamily Group (TMG) has negotiated the sale of Birchwood Apartments, a 236-unit complex in Lubbock. Built in 1977, Birchwood Apartments offers one-, two- and three-bedroom floor plans with an average size of 713 square feet. Amenities include a pool, fitness center, clubhouse, business center, onsite laundry facilities, a dog park, playground and outdoor grilling stations. Yonnic Land of TMG represented the seller, Benefit Street Partners, in the transaction. Jon Krebbs of TMG procured the undisclosed, out-of-state buyer.

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DevelopmentIndustrialTexas

L&F Distributors Opens 222,000 SF Industrial Facility in El Paso

by Taylor Williams

EL PASO, TEXAS — Beverage supplier L&F Distributors has opened a 222,000-square-foot industrial facility in El Paso’s Lower Valley region. The distribution facility includes a warehouse with 34-foot clear heights and 18 loading docks (expandable to 27). The property also houses collaborative workspaces, a hospitality suite, a dedicated health and wellness center with an employee gym, a standalone vehicle maintenance facility and an onsite fueling station. Architecture firm HDA designed the project.

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AcquisitionsOfficeTexas

JLL Brokers Sale of 130,735 SF Office Building in West Houston

by Taylor Williams

HOUSTON — JLL has brokered the sale of 5858 Westheimer, a 130,735-square-foot office building located in the Tanglewood area of West Houston. The eight-story building was constructed in 1981 and was 47 percent leased at the time of sale. Rick Goings and Dawson Hastings of JLL represented the seller, a special servicer, in the transaction. The buyer, an entity doing business as Geirin LandPark Westheimer LLC, plans to implement a value-add program that will upgrade the lobby, common areas, signage and spec suites.

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IndustrialLeasing ActivityTexas

Macro Air Technologies Signs 54,600 SF Industrial Lease in South Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Macro Air Technologies has signed a 54,600-square-foot industrial lease in South Fort Worth. The provider of residential and industrial fans is taking space at Fort Worth South Business Park, a two-building, 489,571-square-foot development. Kyle Pardon and Sam Welles of Altschuler & Co. represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed of Holt Lunsford Commercial represented the landlord, Cohen Asset Management.

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DevelopmentMultifamilyTexas

Howard Hughes Corp. Completes 268-Unit Multifamily Project in The Woodlands, Texas

by Taylor Williams

THE WOODLANDS, TEXAS — The Howard Hughes Corp. (NYSE: HHH) has completed 1 Riva Row, a 268-unit multifamily project located about 30 miles north of Houston in The Woodlands. The development features a 13-story tower and a four-story residential living building with two-story townhomes on the ground level, as well as traditional studio, one-, two- and three-bedroom floor plans. Amenities include a pool with cabanas, outdoor grilling and dining areas, a 24/7 fitness center, sports lounge and a rooftop terrace. Residents will also have access to roughly two miles of walking and jogging trails along The Woodlands Waterway. Construction began in September 2023.

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AcquisitionsHospitalityTexas

Hunter Hotel Advisors Arranges Sale of 100-Room Hotel in Bryan, Texas

by Taylor Williams

BRYAN, TEXAS — Atlanta-based brokerage firm Hunter Hotel Advisors has arranged the sale of the 100-room Best Western Premier Bryan hotel in Central Texas. Built in 2009, the hotel offers 4,000 square feet of meeting and event space, an outdoor pool, fitness center and a business center. Kami Burnette of Hunter Hotel Advisors brokered the deal. The names of the buyer and the California-based seller were not disclosed. The new ownership plans to implement a value-add program.

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IndustrialLeasing ActivityTexas

Reliable HealthCare Logistics Signs 48,600 SF Industrial Lease Renewal in Sugar Land, Texas

by Taylor Williams

SUGAR LAND, TEXAS — Florida-based Reliable HealthCare Logistics has signed a 48,600-square-foot industrial lease renewal in Sugar Land, located southwest of Houston. According to LoopNet Inc., the space at 1113 Gillingham Lane is part of a development known as Sugar Land Interchange Distribution Center. Ryan Hartsell of Oxford Partners, along with Michael Feuerman and Daniel Silver of Berger Commercial Realty, represented the tenant in the lease negotiations. The owner is Coleman Logistics Assets/Mapletree US.

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IndustrialLeasing ActivityTexas

Stream Realty Partners Negotiates 20,000 SF Industrial Lease in South Houston

by Taylor Williams

HOUSTON — Stream Realty Partners has negotiated a 20,000-square-foot industrial lease in South Houston. The space is located at 3156 Produce Row. Tyler Maner, Abraham Richardson and Will Mason of Stream represented the landlord, Cire Equity, in the lease negotiations. Kyle Jett and Kristian Nielsen of Newmark represented the tenant, dairy products supplier La Vaquita.

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IndustrialLeasing ActivityTexas

Trinity Drywall Renews 13,000 SF Industrial Lease in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Trinity Drywall has renewed its 13,000-square-foot industrial lease in Fort Worth. The space is located within Riverbend Business Park, a development that consists of 1.4 million square feet of space across 32 buildings. Grayson Fleitz and Matt Carthey of Holt Lunsford Commercial represented the landlord, Riverbend Properties, in the lease negotiations. The tenant representative was not disclosed.

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