HOUSTON — Arch-Con Construction has finished work on the 96,630-square-foot GET Industrial Warehouse in Houston. The property is located on West Sam Houston Parkway North. The building, which features 20-foot clear height, consists of 84,460 square feet of warehouse space and 11,900 square feet of office space.
Texas
COLLEYVILLE, TEXAS — The Colleyville City Council has approved a zoning request from Senior Living Resource Group for Rosewood Park, a 60,000-square-foot memory care facility. The $6 million property will be constructed at the intersection of Precinct Line Road and Lavaca Trail in Colleyville. DFW Construction will build the 65-unit development.
HUMBLE, TEXAS — PinPoint Commercial and Humble Surgical Hospital LLC have completed a 30,000-square-foot surgical hospital in Humble. The facility is located at 1475 FM 1960 Bypass E. The property contains six operating rooms, an emergency room, two treatment rooms and a handful of recovery rooms. PinPoint also is planning a 45,000-square-foot medical office building next to the hospital. The development is slated to break ground this fall.
HOUSTON — Hartman 1960 Properties has bought the 142,194-square-foot office building at 616 FM 1960 West in Houston from Koll Bren Fund V for an undisclosed amount. The property is 74 percent occupied. Tenants include Chase Bank and AEI Engineering. Dave Wheeler and Julian Kwok represented the buyer internally. Lucescu Realty's Mark Lucescu represented the seller.
SAN ANTONIO, TEXAS — Agape Northwest Housing has sold the 248-unit Dove Valley Ranch apartment complex to Dove Valley Associates for an undisclosed amount. The property is located at 4980 USAA Blvd. in San Antonio. Amenities include a business center, a clubhouse and a pool. Mike Miller of Hendricks & Partners' San Antonio office represented the seller.
HOUSTON — Behringer Harvard has purchased the 392-unit Uptown Post Oak from a private party for an undisclosed amount. The property is located on a 4.4-acre parcel at 1111 Post Oak Blvd. in Houston's Uptown district. Amenities include a resort-style pool, a coffee bar, an athletic club and an Internet lounge.
SAN ANTONIO, TEXAS — Atlanta-based TriTex Real Estate Advisors has sold the 134-unit Jackson Square apartment complex to HDC Hill Country Equities of Austin, Texas, for an undisclosed amount. The property is located at 2500 Jackson Keller Road in San Antonio. Hendricks & Partners' Will Caruth represented the seller.
SAN ANTONIO, TEXAS — Commerce Capital Partners has purchased the 124-unit Turtle Creek Vista from C.T. Cummings for $4.5 million. The apartment complex is located at 3629 Medical Drive in San Antonio. Turtle Creek is 90 percent occupied and features a 5,000-square-foot clubhouse, a pool and a fitness center. Jerry Tenge and Shannon Selby of Colliers International's Phoenix office represented the buyer. KW Commercial's Nathan Cardon represented the seller.
KAY AND HOUSTON — Craig LaFollette, Todd Stewart, Todd Marix, Tre Banks and Chris Curry of Holliday Fenoglio Fowler's Houston office have closed two multifamily transactions in Texas. The team represented Allied Realty Services and GE Capital Real Estate in their sale of The Retreat at Cinco Ranch to JRK Property Holdings for an undisclosed amount. The 268-unit property is located at 3306 S. Fry Road in Katy. The team also represented Trammell Crow Residential in the sale of the 230-unit Alexan Upper Kirby to Invesco Real Estate for an undisclosed amount. The property, which is 99 percent leased, is located at 2300 Richmond Ave. in Houston.
AUSTIN, TEXAS — Lodging Capital Partners and Syndicated Equities Group have borrowed a $56 million loan for the Four Seasons Austin. Messa West Capital provided the financing through its Messa West Real Estate Income Fund II; Blackstone Real Estate Debt Strategies also provided a mezzanine loan. Cushman & Wakefield Sonnenblick-Goldman's Mark Gordon and Jared Kelso arranged the loan with the assistance of Elizabeth Kogen of JMB Financial Advisors.