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CLEAR LAKE, TX-Seventeen of 86 office buildings in the NASA/Clear Lake submarket are up for sale. It's problematic because the area historically does not attract institutional investors, but rather entrepreneurial ones. In today's economy, that's a real problem.
CLEAR LAKE, TX-Seventeen of 86 office buildings in the NASA/Clear Lake submarket are up for sale. It's problematic because the area historically does not attract institutional investors, but rather entrepreneurial ones. In today's economy, that's a real problem.
HOUSTON-Standing as collateral are the 318-unit Keegan's Mill and 132-unit La Maison. The Houston complexes leverage a refinancing package with pull-out options when rent or occupancy increase.
HOUSTON-The leading honor goes to Gerald D. Hines, the third annual winner of the Urban Land Institute's J.C. Nichols Prize for Visionary Urban Development. With the honor comes a $100,000 check.
HOUSTON-Cargo Crating goes from an owner-occupied building to a leased site next door at 3010 Greens Rd. In the address change, the industrial firm puts an 18,000-sf building up for sale.
THE WOODLANDS, TX-Trademark and the Woodlands turn the first shovel of dirt for the 468,000-sf Market Street, a 34-acre undertaking in heart of the community. Trademark kicks in about $9.8 million up front for public facilities.
HOUSTON-The triple play puts new tenants into three of the 10 buildings in the Crescent-owned office complex. An IT consulting firm for the health-care industry takes the largest chunk, 14,068 sf.
LA PORTE, TX-The buyer gets a 41,851-sf warehouse, leased to a single tenant for the long term, and three acres in a coastal city. The seller was seeking $950,000 for the property when it came to market.
HOUSTON-One consulting firm holds onto 15,600 sf in an office building at 8564 Katy Freeway on Houston's west side while another at 11811 E. Freeway in the eastern sector stays put in 9,045 sf.
HOUSTON-Owner Walton Street Properties wouldn't budge on a makeover until the leasing team nudged occupancy above 80% at 2700 Post Oak Blvd. CBRE's long-term lease pushes the level to 83% and drives a move from a 20-year address.