The week following the devastation from Harvey left a lot of work to be done. The clean-up efforts are underway and repairs are being assessed. Spirits are high as this effort looms ahead of Houstonians. While it will be a long road, the level of commitment is strong. Meanwhile, Irma has set its sights on Florida, with the same or worse devastation predicted. Our thoughts are with all of the victims of these storms and hope for their continued safety.—Lisa Brown

NEWS AND NOTABLES

HOUSTON—Savills Studley announced several promotions in Houston where the firm has completed major transactions for some of the most notable companies in the city, state and nation. Mark O'Donnell is being promoted to Texas regional manager and will remain a member of the board of directors of the firm. O'Donnell has led many of the firm's most significant assignments and was awarded NAIOP's Houston Office Broker of the Year for 2015. Derrell Curry is currently executive vice president and branch manager of Houston and will remain in that position. Curry has been recognized as one of the city's top brokers for more than three decades. He has been awarded the NAIOP Houston office broker of the year award and is consistently honored in Houston as an office leasing CoStar power broker.

THE COLONY, TX—The Tribute Golf Links & Guest House, located at the Tribute Lakeside Golf & Resort Community, reopened its public golf course and clubhouse after a $1 million makeover. The Tribute brought in Tripp Davis, the Tribute's original golf course architect, to help with the final floating of the greens surface and allow for the best putting surface possible.

DEAL TRACKER

ADDISON, TX—Mayse & Associates Inc. leased 8,855 square feet in The Belvedere at 14881 Quorum Dr. The company was represented by Tim Terrell of Stream Realty Partners and Taylor Dickerson and Andy Goldston with Citadel Partners. The landlord, CREA, was represented by Ward Eastman and Rena Padachy of Cushman & Wakefield.

BEE CAVE, TX—With its first medical office building 100% pre-leased, Perardi Development plans to begin construction on a second, similar project in mid-September. Tenants in the first building the 23,000-square-foot Medical Towers at Bee Cave include a variety of medical-related tenants. Construction on the shell will wrap up in this month, with tenants opening in phases between October and December. Perardi Development is focusing on attracting tenants for the second phase, a 42,000-square-foot medical office building called Medical Towers at Bee Cave II. Both buildings are located at the northwest corner of RM 620 and State Highway 71, an intersection that's highly visible and convenient for the growing suburban populations of Bee Cave, Lakeway and Spicewood.

COLLEGE STATION, TX—Comfort Suites Texas Avenue College Station, a 54-room hospitality property located at 2313 Texas Avenue South, has sold. Steve Swenholt, Allan Miller and Chris Gomes, investment specialists in Marcus & Millichap's Austin, San Antonio and Dallas offices, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured by Swenholt, Miller and Gomes. Built in 2004, Comfort Suites Texas Avenue College Station is three-story, interior-corridor, limited-service hotel.

DALLAS—Colony Northstar Advisors renewed and expanded its lease for a total of 17,069 square feet at 13727 Noel Rd. The company was represented by Daniel Rudd and Billy Varenkhamp of Colliers International and Gianni LaBarba of Cresa Partners. Lauren Napper, Trey Smith and Chris Taylor of Cushman & Wakefield represented the landlord, Galleria North Tower II.

DALLAS—KD Studio Inc. leased 16,985 square feet at 2600 N. Stemmons Fwy. It was represented by Steve Wentz and Randy Cooper of Cushman & Wakefield. The landlord, Pollock Realty, was represented by John Lancaster of NAI Robert Lynn.

DALLAS—Hein & Associates leased 5,847 square feet at 13737 Noel Rd. The tenant was represented by Rop Pipken with Mohr Partners. Chris Taylor, Trey Smith and Lauren Napper of Cushman & Wakefield represented the landlord, Galleria North Tower II.

DALLAS—Cozen O'Connor leased 12,177 square feet in Comerica Bank Tower at 1717 Main St. It was represented by Mike Gosslee of Cushman & Wakefield. The landlord, M-M Properties, was represented by Mike Silliman.

DALLAS—Girling Healthcare leased 8,816 square feet of office space in Crosspoint Atrium at 8131 LBJ Fwy. The company was represented by Kimarie Ankenbrand with JLL. The landlord, Credit Union of Texas, was represented by John Fancher and Doug Jones of Cushman & Wakefield.

DALLAS—Fidelity National Title has renewed its lease for 7,446 square feet in Lincoln Centre at 5430 LBJ Fwy. The company was represented by Steven Schneider with Site Selection Group. The landlord, TIAA, was represented by Matt Schendle and Clint Madison of Cushman & Wakefield.

DALLAS—MD Buyline Inc. leased 5,592 square feet of office space in Cityplace at 2711 N. Haskell Ave. The company was represented by BD Amend of The Amend Group. The landlord, Uptown Cityplace, was represented by Matt Schendle, Trey Smith and Doug Jones of Cushman & Wakefield.

FARMERS BRANCH, TX—Monitronics International renewed its lease for 16,770 square feet in One Valley View at 2350 Valley View Ln. Dean Collins, Mark Collins and Rick Hughes of Cushman & Wakefield represented the company in the transaction. The landlord, Thundering Herd Inc., was represented by Mitchell Terry of Mitchell S. Terry Commercial Real Estate.

FORT WORTH—Midwest Truck & Auto Parts leased 15,000 square feet of industrial space at 15600 Trinity Blvd. It was represented by David Eseke of Cushman & Wakefield. Michael Spain and Clint Manning of Bradford Commercial represented the landlord, Stockbridge Capital Partners.

GARLAND, TX—Digital Realty acquired 16 acres of land at the southwest corner of Holford and Ferris streets. Rick Hughes of Cushman & Wakefield represented the data center company in negotiations with the seller, Blandenstriker Ltd.

GRAPEVINE, TX—Callbox Storage has expanded and renewed its lease for a total of 52,000 square feet at 4051 N. State Hwy. 121. The company was represented by Gary Collett and Shannon Johnston of Cushman & Wakefield.

HOUSTON—Lee & Associates–Houston represented Liberty Property Trust in the leasing of an 8,135-square-foot industrial building in Northgreen Business Park, located at 1428 North Sam Houston Pkwy. Ryan Searle and Justin Tunnell of Lee & Associates–Houston represented the landlord. The tenant, Baycor International LLC, represented itself.

HUMBLE, TX—Lee & Associates–Houston represented MKO Global LLC in the lease of a 14,585-square-foot industrial building at 8559 East North Belt. Thomas Leger and Chase Cribbs of Lee & Associates–Houston represented the tenant, and Ryan Wasaff of Welcome Group represented the landlord, GSL Partners Sub Eight LP.

HUMBLE, TX—Lee & Associates–Houston represented Adkisson Group, Inc. in the sale of a 5,000-square-foot industrial building in IAH Humble Business Center located at 1938 South Houston Ave. Thomas Leger, Chase Cribbs and Robert McGee of Lee & Associates–Houston represented the seller and Richard Frye of Adkisson Group Inc. represented the buyer, Mourer Investments LLC.

HUMBLE, TX—Lee & Associates–Houston represented Adkisson Group Inc. in the lease of an 8,125-square-foot industrial building in IAH Humble Business Center located at 1926 South Houston Ave. Thomas Leger, Chase Cribbs and Robert McGee of Lee & Associates–Houston represented the landlord, and Joseph Smith of CBRE represented the tenant, Carrier Enterprise LLC.

IRVING, TX—Schlage Lock Co. has leased 54,600 square feet of industrial space in Liberty Park GSW North at 5430 FAA Blvd. Chris Hillman, Mark Collins and Dean Collins of Cushman & Wakefield represented the tenant in the deal. The landlord, Liberty Property, was represented by Nathan Orbin and Kurt Griffin, also of Cushman & Wakefield.

LEWISVILLE, TX—Kuehne & Nagel Inc. leased 188,983 square feet in Valley Parkway Distribution Center at 255 Valley Pkwy. The company was represented by Blake Anderson, David Eseke and Chris Hillman of Cushman & Wakefield.

PLANO, TX—TEK Systems renewed its lease for 12,339 square feet of office space in Park Center at 2400 Dallas Pkwy. The company was represented by Travis Boothe, Craig Wilson and Randy Cooper of Cushman & Wakefield. The landlord, TA Associates, was represented by Lauren Napper and Trey Smith, also of Cushman & Wakefield.

SOUTHLAKE, TX—Valuescope Inc. renewed its lease for 6,460 square feet of office space at Cedar Ridge in Southlake. The company was represented by Dan Harris of Cushman & Wakefield.

STAFFORD, TX—Lee & Associates–Houston represented Behl Precision Fabricating Inc. in the sale of 9.1 acres, near I-69 and Beltway 8. Robert McGee and Cameron Hicks of Lee & Associates–Houston represented the seller, and Swearingen Realty Group LLC represented the buyer, Redi Carpet Inc.

NEWS AND NOTABLES

DEAL TRACKER

SOUTHLAKE, TX—Valuescope Inc. renewed its lease for 6,460 square feet of office space at Cedar Ridge in Southlake. The company was represented by Dan Harris of Cushman & Wakefield.

Instant Insights /

Middle Market Digest: This Week in the South and Mountain Regions

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