It is hard to imagine a more interesting year than this one. The frenzied pace of commercial real estate activity across all property types and most geographies was enough to keep it interesting for much of the year. On the other side of the coin were the heart-wrenching natural disasters in some of the region, which left many with damaged properties but determined spirits. Here's to another year of positive growth and sustained CRE activity, but with definitely less excitement in the weather department. Happy New Year!—Lisa Brown

NEWS AND NOTABLES

SAN ANTONIO—NAI Partners has hired Graham Peavey as an associate in the company's office tenant representation group. Peavey will focus on lease renewals, relocations, expansions, business development, transaction management, financial analysis, site evaluation, and the purchase and sale of commercial property.

DEAL TRACKER

AUSTIN, TX—FTI Consulting renewed its lease for 16,000 square feet at Westway Office Park located at 925 S. Capital of Texas Highway, keeping the project at 100% occupancy. Patrick Ley and Rebecca Zigterman with ECR represented the landlord and Marc Vanderslice with Colliers represented the tenant.

AUSTIN, TX—Convey leased 7,610 rentable square feet of creative office space at Hannig Row, located at 200 E 6th St. The landlord was represented by Jason Steinberg and Matt Levin with ECR and the tenant was represented by Chris Skyles with SkylesBayne.

AUSTIN, TX—Alzheimer's Association leased 2,267 rentable square feet at Monterey Oaks, located at 5508 Hwy 290 W. The landlord was represented by Rebecca Zigterman and Jason Steinberg with ECR and the tenant was represented by Alan Peters with Savills Studley.

AUSTIN, TX—HealthGrowth Capital leased 2,428 rentable square feet at Westway Office Park located at 925 S. Capital of Texas Highway. Rebecca Zigterman and Patrick Ley with ECR represented the landlord and Jon Aleshire with Aleshire Company represented the tenant.

AUSTIN, TX—Hippo Analytics leased 8,722 rentable square feet at the Scarbrough Building, located at 522 Congress. The landlord was represented by Jason Steinberg and Matt Levin with ECR and the tenant was represented by Brad Philp and Casey Casper with Stream Realty.

BROWNSVILLE, TX—Vista Monterrey Apartments obtained a refinance loan. This property has 120 garden-style units—40% of which are reserved for residents at or below 60% of the area medium income. Phil Melton and Cindy Hannon of Bellwether Enterprise arranged the loan using Freddie Mac TAH as the lender. 42 Equity provided the equity for the 9% tax-credit property transaction, while IBC Bank provided the original construction financing.

DENVER—The Serendipity Labs will soon announce its first lease through franchisee Renascent Hospitality.

ENGLEWOOD, CO—Jackson Square Properties, a Bay Area-based investment firm, has acquired The Rail at Inverness, a 219-unit garden-style community from a joint venture comprised of Holland Partner Group and an affiliate of Heitman LLC. David Martin, Pamela Koster, and Mike Grippi of Moran & Company, represented the seller in the transaction.

PASADENA, TX—Houston Industrial Development One LP and Stacey Supply Corporation have executed a new lease at 2915 Pasadena Blvd. on a spec industrial office/warehouse building consisting of ±22,000 square feet on 1.55 acres. Clay Pritchett of NAI Partners represented the landlord, Houston Industrial Development One LP and Sarah Hoffman represented the tenant, Stacey Supply Corporation.

PASADENA, TX—Holliday Fenoglio Fowler LP announces the sale of Bayport Distribution Center II, a two-building class-A fully leased industrial warehouse project totaling 772,500 square feet in this southeastern Houston suburb near the Port of Houston. The HFF team represented the seller, Mountain West Industrial Properties, and its institutional partner. Duke Realty Corporation purchased the property for an undisclosed price. Bayport Distribution Center II was constructed in 2008 and comprises one 600,000-square-foot building and one 172,500-square-foot building, occupied by three tenants in total. The building features clear heights ranging from 24 to 30 feet and a total of 157 dock-high doors and eight drive-in ramps. HFF's investment advisory team included senior director Trent Agnew and senior managing director Rusty Tamlyn as well as analyst Dane Petersen.

PLANO, TX—The Savannah at Gateway obtained a Fannie Mae MBS 15-year fixed-rate loan. The senior community is a low-income housing tax credit property that features 292 units reserved for tenants aged 55 or older. John Roberts and Jon Killough, senior vice president of Bellwether Enterprise in the Montgomery office, arranged the loan.

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