HOUSTON — Energy firm Momentum Midstream has renewed its 22,575-square-foot office lease renewal at 600 Travis St. in downtown Houston. Mark Russell of Newmark Knight Frank represented the tenant in the lease negotiations. Michael Anderson, Diana Bridger, Margaret Elkins and Brad Beasley of Cushman & Wakefield represented the landlord, a partnership between Hines and Cerberus Capital Management. At 75 stories, 600 Travis is the tallest building in Texas and offers a 7,000-square-foot fitness center, a 280-seat auditorium and 12 floors of parking.
AUSTIN AND SOUTHLAKE, TEXAS — Talonvest Capital Inc. has arranged two bridge loans totaling $12.7 million for the refinancing of two self-storage facilities in Texas. The properties total 1,339 units across 161,670 net rentable square feet. One of the properties is located at 11000 Lakeline Blvd. in Austin, and the other is located at 2030 E. Continental Blvd. in the Fort Worth suburb of Southlake. An undisclosed life insurance company provided the funds to the borrower, a partnership between Houston-based self-storage developer The Jenkins Organization and its private equity partner, Clark Investment Group.
DALLAS — JLL has negotiated an 8,178-square-foot office lease at Lake Highlands Tower in Dallas. The building was recently renovated to include a new fitness center, expanded café and tenant lounge and an upgraded conference room. Lauren Halstedt, Ashley Curry and Garrett Nerren of JLL represented the landlord, Malouf Interests, in the lease negotiations. Eric Deuillet of Structure Commercial represented the tenant, Dallas-based physician management services firm 99 Healthcare Management.
SAN ANTONIO — Owner-operator H5 Data Centers will undertake a 5,000-square-foot expansion project at its 80,000-square-foot colocation facility located at 100 Taylor St. in San Antonio. The project will add Tier III infrastructure capacity to the facility. Data center tiers refer to the requirements of distribution paths, cooling and other components that are used to differentiate facilities. A timeline for the project was not released.
SPRING, TEXAS — Sherwin Williams has signed a 4,000-square-foot retail lease at Harmony Commons Plaza, a newly built shopping center located in Spring, a northern suburb of Houston. The 11,207-square-foot center is located at the corner of Grand Parkway and Harmony Commons Drive. Tami Pearson of Waterman Steele represented Sherwin Williams, which expects to open in the fourth quarter, in the lease negotiations. Bob Conwell and Austen Baldridge of NewQuest Properties represented the landlord, B&B North American Investments LLC.
LIVE OAK, TEXAS — Marcus & Millichap has brokered the sale of a 2,194-square-foot freestanding retail building in the San Antonio suburb of Live Oak that is net leased to Take 5 Oil Change. Vincent Knipp and Blake Burnett of Marcus & Millichap represented the seller in the transaction. Gabriel Britti and Ronnie Issenberg, also with Marcus & Millichap, represented the buyer. Both parties were private investors that requested anonymity.
THE WOODLANDS, TEXAS — The Howard Hughes Corp. will renovate the lobby of 1400 Woodloch Forest, a 95,561-square-foot office building in The Woodlands, about 30 miles north of Houston. This renovation will extend the lobby to include a large vestibule leading to the southside parking area and to feature updated finish materials including ceramic tile flooring and walls with modern lighting and hard ceilings. It will also incorporate COVID-19 safety protocols such as a touchless digital directory. Gensler is the architect for the project, and Byrd Construction is the general contractor. Completion is scheduled for mid-October.
HOUSTON — Web hosting firm HostGator has signed a 38,582-square-foot office lease at 5005 Mitchelldale St. in northwest Houston. According to LoopNet Inc., the property was built in 1981 and spans 75,900 square feet. Don Foster and Ed Prejean of JLL represented HostGator in the lease negotiations. Michelle Wogan and Paula Musa of Transwestern represented the landlord.
HOUSTON — Davis Commercial Real Estate has brokered the sale of a 19,500-square-foot warehouse located at 3007 Crossview Drive in West Houston. According to LoopNet Inc., the property was built in 1975 and was most recently used as an automotive storage and repair facility. Ashley Casterlin of Davis Commercial represented the seller, private investor Juan Alonso, in the transaction. Additional terms of sale were not disclosed.
IRVING, TEXAS — G2 Secure Staff, which provides a range of services like cabin cleaning and customer support to the aviation industry, has signed a 11,315-square-foot office lease at Canal Centre, a 10-story office building located at 400 E. Las Colinas Blvd. in Irving. Lucas Kay, Garrett Gibbons Jr., Reggie Beavan III, Andy Iversen, Chris Mason, John Beach and Trace Elrod of Newmark Knight Frank represented the tenant in the lease negotiations. Sunwest Real Estate Group represented the landlord.