SAN ANTONIO — The San Antonio office of The NRP Group has received approval from the Texas Department of Housing & Community Affairs for nine new affordable housing projects totaling 786 units. The projects include: Montabella Pointe, a 144-unit single-family project located in San Antonio; Golden Bamboo II, a 116-unit multifamily project located in Houston; Costa Emeralda, a 112-unit multifamily project located in Waco; Four Seasons at Clear Creek, a 96-unit multifamily projects located in Fort Worth; Ventana Pointe, a 96-unit senior housing project located in Houston; Tierra Pointe, an 80-unit multifamily project located in Karnes County; Crestshire Village, a 74-unit multifamily project located in Dallas; Casa Brazoria, a 36-unit single-family project located in Clute; and San Juan Square III, a 32-unit multifamily project located in San Antonio. Construction will begin in 2010. NRP partners for the projects include Merced Housing Texas, NRC, VN Teamwork, San Antonio Housing Authority, The Thomas RPDC Company, Housing & Community Services Inc. and the Texas Housing Foundation.
Texas
HOUSTON — Houston Realty Advisors has brokered a 15,575-square-foot industrial lease expansion on behalf of Equipchefs. The Dallas-based company will be expanding into Houston with its new space at 129922 Hempstead Hwy. Ed Ayres of Houston Realty Advisors represented the tenants. The landlord, MPI Properties, was represented by Gregg Barra and David Boyd of Boyd Commercial. Terms of the lease were not disclosed.
ARLINGTON, TEXAS — Jim Hazard and Brett Heinen of Henry S. Miller Brokerage recently brokered the lease of a 60,000-square-foot industrial building located at 3715 E. Avenue E in Arlington. The tenant, Alpha Furniture, LLC, will expand its current space by 20,000 square feet when it relocates to the building. Don Conlon worked on behalf of the landlord, Gillis Thomas Co., in the transaction.
DALLAS — The new 10740 Medical Office Building in Dallas has topped out. The new, Class A facility, which is located at 10740 N. Central Expressway, spans 92,000 square feet over four stories. It is scheduled for completion in December. The Ophthalmology Surgery Center of Dallas has leased the building’s fourth floor for a 25,000-square-foot ambulatory surgery center. Additional tenants at the building will be The Glaucoma Associates of Texas, The Cornea Associates of Texas and Dallas Laser Center. Cadence McShane Construction Co. is building the facility; Marasco & Associates, Inc. and Alliance Architects are providing architectural services.
HOUSTON — Grubb & Ellis’ Houston office has completed the sales of two buildings in Houston. In the first transaction, Bill Burge and Mark Lehman of Grubb & Ellis represented Ron and Janice Avery in the sale of a 24,640-square-foot building located at 10535 Fisher Rd. in northwest Houston. Barrett Gibson and Granelo Realty Partners LLC represented the buyer, 10535 Fisher Road LLC. In the second, Katy RRV Partners LP purchased a 6,177-square-foot building from GreensPoint Mortgage Funding Inc. Keith Lloyd and Tony Ricci of Grubb & Ellis represented the seller of the property, which is located at 21308 Provincial Blvd. in west Houston. Chandresh K. Patel represented the buyer.
HOUSTON — This September will mark the grand opening of the new Lucky Strike Lanes & Lounge at Houston Pavilions, a 700,000-square-foot mixed-use project located in downtown Houston. Lucky Strike is a boutique bowling alley that features bowling lanes with luxury amenities, a bar and lounge area and luxury food service. The 24,886-square-foot Houston location is the company’s 23rd Lucky Strike and its first in Texas. It will feature 14 lanes with premium leather couches, as well as a Luxe premium suite with four private lanes and a separate bar. It will be located at 1001 Fannin St.
LAREDO, TEXAS — Lee & Associates has arranged the $500,000 sale of an 11,000-square-foot industrial property located at 514 Enterprise St. in Laredo. Evan McDonald and Steve Malley of Lee’s San Diego office represented the seller, U.S. Bank National Associates. The buyer, Property Management Group, utilized in-house representation. The acquisition price was not disclosed.
ARLINGTON, TEXAS — SCM Real Estate Services has arranged a lease expansion for Tenaska Inc. in Arlington. The Omaha, Neb.-based energy company now occupies 32,100 square feet at 1701 E. Lamar Blvd. The lease represents the company’s fourth expansion of its regional headquarters within the building. Gary Walker and Renee Efimoff of SCM represented Tenaska in lease negotiations. Phil Sandlin of Bradford Commercial represented the undisclosed landlord. Terms of the lease were not disclosed.
ROSENBERG, TEXAS — Biotics Research Corp. has announced plans to complete a $2 million expansion of its 42,000-square-foot facility located in Rosenberg. The addition will total 35,000 square feet and will expand the company’s existing manufacturing and warehouse operations at the site. The City of Rosenberg and the Fort Bend County Commissioners’ Court also approved tax abatements for the project. The construction timetable was not disclosed.
IRVING, TEXAS — Fort Myers, Fla.-based Interop Technologies plans to open a new operations center Irving. The 23,000-square-foot property will be situated within the city’s Las Colinas submarket. Approximately 40 percent of the center will be dedicated to raised floor development, quality, assurance and systems processing. It will be staffed 24 hours a day. Interop plans to shift responsibility for supporting its hosted and turnkey customers from its current operations center in Fort Myers to the new facility. The company expects to spend approximately $3 million to purchase and renovated the building. Construction is scheduled for completion in early 2010.