BRYAN — Turner Construction Co. has completed a 140,000-square-foot expansion to the Brazos Country Jail. The $45 million project added three detention clusters and capacity for 684 more beds to the Bryan jail. The firm also updated the security system.
Texas
HOUSTON — Mustang Engineering has renewed its 248,872-square-foot office lease for space in Ten West Corporate Center II with a private real estate fund. The property, which is located at 17404 Katy Freeway in Houston, was recently purchased by CORE Real Estate and a group advised by Prudential Real Estate Investors. CB Richard Ellis' Steve Hesse and Sanford Criner represented the tenant in the transaction. Joel DeSpain Commercial Real Estate Services' Joel DeSpain represented the landlord.
SAN ANTONIO — Marcus & Millichap has brokered the sale of a 130-unit apartment complex between two undisclosed parties. The 107,952-square-foot Meadow Run, which was built in 1970, is located at 5347 Blanco Road in San Antonio. The firm's Moses Siller and Ryan Eric Epstein represented the seller. Siller also represented the buyer.
HOUSTON — New Tuscany Development has borrowed a $4.8 million loan for the 26,355-square-foot West University Corner. The shopping center, which is anchored by Walgreens, is located near Rice University at 5220 – 5280 Buffalo Speedway in Houston. Nationwide Life Insurance Co. funded the 15-year loan, which retired a maturing CMBS loan. Colby Mueck of Holliday Fenoglio Fowler secured the financing.
COLLEGE STATION — JER Partners has sold the 303-room Hilton College Station to an affiliate of Encore Enterprises for an undisclosed amount. Located at 801 University Drive East, the property includes more than 28,000 square feet of meeting space. The seller has made more than $3 million in improvements to the property since 2004, and the buyer is planning a comprehensive renovation.
SAN ANTONIO — Inland Western REIT has borrowed a $39 million loan from Nationwide Insurance Co. for the Huebner Oaks shopping center. The 287,000-square-foot property is located on 30 acres at 11745 Interstate 10 West in San Antonio. Huebner Oaks is 95 percent leased to tenants including Borders, Ross Dress for Less, Old Navy and Banana Republic. Kevin MacKenzie of Holliday Fenoglio Fowler secured the 5-year loan.
PLANO — Telect has signed a 100,000-square-foot lease with KTR DAL I for warehouse space in Plano. The property is located at 1801 10th St. CB Richard Ellis' Scott Hobbs and Jeff Ellerman represented the tenant.
FRESNO — Investors of Golden Jubilee Group has purchased the 20,000-square-foot Teal Run Village Shopping Center from a private party for an undisclosed amount. The property is located at the corner of Highway 6 and Teal Bend Boulevard in Fresno. Huntington Properties' Philip Mullet and Sandy Aron represented the seller.
HOUSTON — McDermott International has signed a 190,000-square-foot office lease renewal with Berhinger Harvard in Houston. The property is located at 757 N. Eldridge Parkway. Lucian Bukowski and Mike Boehler of Jones Lang LaSalle represented the tenant. CB Richard Ellis' John Pruitt and Kristen Rabel represented the landlord.
HOUSTON — Christopher Hunter of Marcus & Millichap has represented a limited liability company in the purchase of a Houston distribution warehouse from a private party for an undisclosed amount. The 36,675-square-foot property is located at 1210 Shotwell St. The building includes 1,500 square feet of office space.