RICHMOND, TEXAS — Dallas-based investment sales brokerage firm STRIVE has negotiated the sale of Waterview Town Center, a 13,563-square-foot retail strip center in Richmond, a southwestern suburb of Houston. Jake Dutson and Adam Gottschalk of STRIVE represented the seller, a Houston-based developer, in the transaction. Additional terms of sale were not disclosed.
Texas
HOUSTON — Partners Real Estate has brokered the sale of a 12,521-square-foot ambulatory surgery center in Houston. According to LoopNet Inc., the single-tenant property at 444 FM 1959 was built in 1995 and offers 103 parking spaces. Ryan McCullough, Connor Watson, Cary Latham and Wyatt Huff of Partners represented the seller, Ellington Properties LLC, in the transaction. Additional terms of sale were not disclosed.
SAN ANTONIO — REOC San Antonio has secured a 5,300-square-foot office lease extension at 555 E. Ramsey Road in San Antonio. According to LoopNet Inc., the property was built in 1997 and totals 26,738 square feet. Blake Bonner of REOC San Antonio represented the landlord in the lease negotiations. Jamie Bracken of Cushman & Wakefield represented the tenant, Automated Logic Corp, a provider of automated building systems.
EULESS, TEXAS — Automotive repair services provider Dents Dun Rite Inc. has signed a 5,280-square-foot industrial lease in Euless, located in the northern-central part of the metroplex. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Euless Industrial LLC, in the lease negotiations. The representative of the tenant was not disclosed.
THE WOODLANDS, TEXAS — Waste Connections US Inc. has signed an office lease renewal and expansion in The Woodlands, about 30 miles north of Houston. The publicly traded waste management company now occupies 116,817 square feet across five and a half floors at 3 Waterway Square, an 11-story building located within The Woodlands Town Center mixed-use development. Jason Whittington of Partners Real Estate represented the tenant in the lease negotiations. Robert Parsley, Norman Munoz and Jillian Fredericks with Colliers represented the landlord, The Howard Hughes Corp.
BROKEN ARROW, OKLA. — JLL has arranged the sale of Prairie House, a 105-unit seniors housing property located in the Tulsa suburb of Broken Arrow. Prairie House was built in 2016 and features 73 assisted living units, ranging from studio to two-bedroom units, and 32 studio memory care units. Charles Bissell, Zach Brantley and Hope Brunner of JLL represented the seller, Prevarian Senior Living, in the transaction and procured the buyer, an entity doing business as TUL ALF 3 LLC. Legend Senior Living, an affiliate of the buyer, will operate the community. The price was not disclosed.
HOUSTON — General contractor Crest Builders has completed a 15,000-square-foot interior office renovation project in Houston for DECISIO Health, which provides platforms and solutions for aggregating data from electronic health records. Houston-based Griffin Partners owns the building at 520 Post Oak Blvd. Ware Malcomb designed the space. Edward Edson of Colliers represented DECISIO Health in the lease negotiations, and Jill Nesloney of Lee & Associates represented Griffin Partners.
RICHARDSON, TEXAS — Austin Circuit Design has relocated its office from the northeastern Dallas suburb of Garland to a 7,600-square-foot space in nearby Richardson. The new office is in Campbell Square, which totals 84,432 square feet and is located within Richardson IQ, a 1,200-acre innovation and tech hub. Maverick Commercial Real Estate owns Campbell Square.
AUSTIN, TEXAS — United Properties, a developer with offices in Colorado and Minnesota and Texas, has opened a new, 3,165-square-foot office on the 15th floor of Colorado Tower in downtown Austin. The company has relocated from 1617 W. Sixth St. Atlanta-based Cousins Properties owns Colorado Tower, which spans 373,000 square feet and offers amenities such as a fitness center, conference facility and onsite food-and-beverage options.
DALLAS — Dallas-based investment firm Elizabeth Property Group has purchased a portfolio of six affordable housing properties totaling 1,444 units in Texas. The properties are located in Houston, Dallas-Fort Worth, Beaumont, Huntsville, Bryan-College Station and Wichita Falls. Elizabeth Property Group plans to renovate the properties by addressing deferred maintenance, painting and replacing unit floors and undertaking exterior landscape upgrades. Afterschool community programs will also be offered at each property. American South Fund Management provided acquisition financing for the deal. The seller was not disclosed.