Texas

Thor Equities Tops Off Office Tower at Kirby Collection in Houston

by Amy Works November 23, 2016

HOUSTON — Thor Equities has topped off the 13-story office tower at Kirby Collection, a 1 million-square-foot mixed-use development located in Houston’s Upper Kirby district. The project’s 210,000-square-foot, Class A office building will feature two levels of retail space totaling 65,000 square feet. The development will also feature a 25-story, 385,000-square-foot residential tower with 199 apartments, including seven two-story townhomes and seven two-story loft spaces featuring private yards. E.E. Reed Construction is the general contractor for Kirby Collection, which is slated for completion in 2017. Richard Keating Architecture is the design architect, Dianna Wong Architecture + Design is the interior designer and Houston-based Kirksey is the architect of record. Walter P Moore is the structural engineer, and Houston-based WYLIE is the MEP engineer.

November 23, 2016

Loans Office Texas

MetroGroup Realty Finance Secures $29.9M in Financing for San Antonio Office

by Amy Works November 23, 2016

SAN ANTONIO — MetroGroup Realty Finance has arranged $29.9 million in financing for Parkway Plaza, an 89,388-square-foot office and flex building located in San Antonio. The loan included additional advances for tenant improvements and leasing commissions. Scott Botsford of MetroGroup Realty Finance secured the financing on behalf of the borrower, Dornin Investment Group.

November 23, 2016

Industrial Texas

JLL Negotiates 52,145 SF Industrial Lease in Houston Suburb

by Amy Works November 23, 2016

HUMBLE, TEXAS — JLL has arranged an industrial lease at 620 N. Houston Ave. in Humble, a Houston suburb. Gateway Supply Inc. has leased the entire 52,145-square-foot manufacturing facility. Situated on 8 acres, the property features three crane-served buildings and 7,500 square feet of office space. Mark Nicholas, Richard Quarles and Joe Berwick of JLL represented the landlord, Schroeder Partnership Ltd., while Ron Roberson of Caldwell Cos. represented the tenant in the transaction.

November 23, 2016

Office Texas

Stream Realty Partners Facilitates Two Office Property Sales in Texas

by Amy Works November 23, 2016

HALTOM CITY AND CARROLLTON, TEXAS — Stream Realty Partners has negotiated two office property sales in Texas. In the first deal, Animal Intrusion Systems Holdings Co. sold a 7,687-square-foot office property located at 3330 N. Beach St. in Haltom City to CFH Transportation Services for an undisclosed price. Luke Davis and Mackenzie Ford of Stream Realty Partners represented the seller. In the second transaction, H&A Brothers purchased a 58,989-square-foot building located at 1501 Luna Road in Carrollton from Nu Vista Series 1D LLC. Ryan Boozer of Stream Realty Partners represented the buyer, while Lee & Associates LP represented the seller in the deal.

November 23, 2016

Industrial Office Texas

NAI Robert Lynn Brokers Three Leases Totaling 244,539 SF in Texas

by Amy Works November 23, 2016

IRVING, GARLAND AND RICHARDSON, TEXAS — NAI Robert Lynn has arranged three leases totaling 244,539 square feet of industrial and office space in Texas. In the first deal, Sonoco Products leased 155,068 square feet of industrial space at the 248,000-square-foot Towne Lake Business Center at 5111 Frye Road in Irving. Rick Medinis of NAI Robert Lynn represented the landlord, Cabot Properties, while Buddy Turner and Chip Watson of Avison Young represented the tenant. In the second deal, True Velocity Inc. inked a lease for 66,270 square feet of office/warehouse space at 1036 Nicholson Road in Garland. Stephen Cooper and John Leinbaugh of NAI Robert Lynn represented the landlord, while Charles Lester of Lester RE Advisers represented the tenant. In the third transaction, Safeguard Properties leased 23,201 square feet of office space at 2400 Lakeside Blvd. in Richardson. Kent Smith of NAI Robert Lynn represented the tenant in the transaction. The name of the landlord was not released.

November 23, 2016