Houston

EXCLUSIVE
383,000-SF Beltway Antoine Changes Ownership

HOUSTON-Developer/owner Mountain West Industrial Properties receives multiple offers for the seven-building industrial complex and selects DCT Industrial Trust as the buyer.

Read King Reveals Plan for New Inner Loop Development

HOUSTON-Read King Commercial Real Estate of Houston and an unnamed developer have planned to construct a five-story apartment building with a retail space at the corner of W. Alabama and Shepherd.

Meyerland Plaza Reaches Sales Block

HOUSTON-Meyerland Plaza, a 965,000-square-foot center in Houston, has reached sales block.

EXCLUSIVE
Frontier Logistics Stays Put: Renews 200,000-SF Lease

LA PORTE, TX-The logistics company, which occupied the space since 2006, signs a close to $2 million renewal deal, taking it into 2014.

Teletron Sets Up Shop at 119,00-SF Lion Square Center

HOUSTON-The Vietnamese-owned electronics store takes down 17,500 square feet at Lion Square Center to open its first Texas store.

Texas Court Appoints McKinley Receiver for $194M Portfolio

HOUSTON-Ann Arbor, MI-based McKinley has been appointed the receiver for a 14-asset apartment portfolio formerly held on a CMBS loan by the defunct Babcock & Brown firm.

HFF Sells Two Large Texas Properties

HOUSTON-Holliday Fenoglio Fowler, LP has closed the sale of two large properties in Texas.

Accounting Firm to Relocate its Offices to Two Riverway

HOUSTON-Gainer, Donnelly & Desroches LLP, an accounting firm based in Houston, will move its headquarters to Two Riverway from San Felipe Plaza.

Joint Venture Enters Region With 177,000-SF Buy

HOUSTON-AF Westchase LLC pays close to $10 million for Westchase Corporate Park.

LBA Hospitality Breaks Ground on New Courtyard by Marriot

NASSAU BAY, TX-Dothan, Alabama-based LBA Hospitality has started construction this week on the new Courtyard by Marriot hotel at Nassau Bay Town Square in Nassau Bay.

DEAL-WRAP
Ashford: Irene Didn’t Shake Us

DALLAS-Ashford Hospitality reports that Hurricane Irene had minimal impact on its northeast properties. In Houston, Weingarten Realty closed a $200 million unsecured term loan.

Peloton Acquires 347,258-SF Office Portfolio in Houston

HOUSTON-Dallas-based Peloton Capital Partners has purchased a five-building office portfolio totaling 347,258 square feet in the Energy Corridor and Westchase submarkets of Houston in partnership with a real estate private equity firm based in Austin.

Liberty Starts Construction on Two Speculative Warehouses

HOUSTON-Malvern, Pennsylvania-based Liberty Property Trust has started construction work on two speculative industrial buildings totaling 212,000 square feet in Liberty Northwest Business Center.

SM Energy Expands its Energy Corridor Office

HOUSTON-Denver-based SM Energy Co. is expanding its Energy Corridor office space by 74%.

DEAL WRAP
2 Houston Center Becomes Largest LEED EB MXU Asset

HOUSTON-The 4.2-million-square-foot property receives Gold status from the U.S. Green Building Council. Included: Additional Southwest news.

DEAL WRAP
810,000-Square-Foot 712 Main Street Earns Energy Star Certification

HOUSTON-The historic landmark office building receives certification following improvements from landlord Brookfield Real Estate Opportunity Fund. Also included: Other southwest news.

Mutual of Omaha Bank to Open New Branch in Texas Medical Center

HOUSTON-Mutual of Omaha Bank, an affiliate of Mutual of Omaha, is planning to open its second branch in Houston.

SM Energy Signs 52,389-SF Office Lease

HOUSTON-The independent energy company currently occupies approximately 30,000 square feet of space at One Elridge Place.

EXCLUSIVE
DCT Rounds Out Collection with 68,000-SF Buy

HOUSTON-The Denver buyer bought Greens Crossing IV, which is 100% leased to SecureGlobal Logistics, from Sun Life. DCT now owns the entire four-building, 268,000-square-foot Greens Crossing portfolio.

HFF Secures Loan for Two Properties in Houston, Boston Area

HOUSTON-Holliday Fenoglio Fowler has arranged financing for a Houston hotel and a Boston-area shopping center in two separate deals.

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Events

Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
Feb.
15
RealShare APARTMENTS EAST
Washington, DC
Mar.
07
RealShare PHILADELPHIA
Philadelphia, PA
Mar.
22
RealShare REAL ESTATE 2012
Los Angeles, CA
Apr.
03-03
RealShare NET LEASE 2012
New York, NY
Featured Event
RealShare APARTMENTS EAST


Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars

Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

Featured Event
Protect Your Portfolio From Seismic Risk


This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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User's Choice

Housing Recovery Plan Called Into Question

NEW YORK CITY-With mortgage rates and home prices at record lows, the commercial real estate industry is divided over whether President Obama’s mortgage overhaul and fraud task force will help—or hurt—housing.

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