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PlaceMKR has purchased the 612,000‑square‑foot Rankin Yards industrial complex in Houston. The Austin, Texas, real estate investment and development firm bought it from one of its tenants, Wellbore Integrity Solutions, which will remain at the property. The sales price was ...
MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston. The local company purchased the property from Midway, also of Houston. The purchase price was not immediately known. Moran CityCentre, at 800 Sorella Court, is part of the ...
Houston Business Journal High Street Logistics Properties has acquired Northwest Spur Industrial Park, a more than 1 million-square-foot industrial complex in Houston. The Chicago investor purchased the six-building property from an affiliate of Nuveen Real Estate of Chicago. The sales ...
Commercial Real Estate Direct Staff Report The value of the 614,000-square-foot former headquarters of Spectra Energy in Houston's Uptown/Galleria submarket has been slashed by 75.5% to $20.7 million. The reappraisal comes on the heels of the departure of the building's ...
The Real Deal Bascom Group has lined up $52 million of financing against the 366-unit Cantera at Towne Lake apartment property in Cypress, Texas. The Irvine, Calif., company will use a portion of the loan proceeds for renovations. It paid $54.5 million ...
Houston Business Journal Bridge Logistics Properties has purchased Twinwood Distribution Center III, a 767,520-square-foot industrial property in the Houston suburb of Brookshire, Texas. The New York investor purchased the property from Clay Development & Construction of Houston in a deal ...
Houston Business Journal A company calling itself 919 Milam LLC has bought the 542,010-square-foot office building at 919 Milam St. in downtown Houston. Milam Houston Real Estate Holding Inc. sold the 24-story property, which it had purchased from M-M Properties Inc. ...
Seven Hills Realty Trust has originated a $22.7 million loan against Sugar Land Medical Plaza, a 120,596-square-foot medical office property in Sugar Land, Texas. The loan has a three-year term but comes with a pair of one-year extension options. Colliers ...
Houston Business Journal Brixmor Property Group has acquired the 72,184‑square‑foot Vintage Marketplace shopping center in Houston. Rocky Point Park Corp. had owned the retail property at 10133 Louetta Road since 2017, according to Harris Central Appraisal District records. JLL Capital ...
Houston Business Journal Sade Real Estate has lined up $128.5 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston. Hudson Bay Capital of New York provided the loan, which was arranged by Walker & ...
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