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WEBSTER, TX-Watershed Treatment Programs of Boca Raton, FL leases an 8,400-sf former psychiatric facility in a suburb southeast of Houston. The bed count jumps by 10 with renovations that are now under way.
HOUSTON-Williams, Morgan & Amerson takes 13,163 sf at the Frost Bank Building, a holding of Lincoln Property and Whitehall Funds. The firm will be joining tenants such as Trammell Crow Residential and Guardian Life Insurance.
HOUSTON-Six months after it comes out of a major rehab, the Museum District building reaches 64% occupancy. Newcomers this time are a political consulting firm and an attorney. The total space draw down is 3,283 sf.
HOUSTON-GlobeSt.com has been told Century Development has "upped the ante" and is well positioned to win the 1.2-million-sf Enron Center South. What started out as a five-firm face-off is down to two in a bidding war predicted to last through week's end.
HOUSTON-Inbesa America is the buyer of the tract once destined to be a waste incineration facility. American Envirotech abandons the plan and sells the land. The asking price was $1.25 million.
HOUSTON-An invitation-only auction is being held today in New York City for the 1.2-million-sf Enron Center South in Houston. The bankrupt energy giant could reject any and all bids, but most likely won't. The buyers' list has been pared to five.
HOUSTON-The first wave of tenants has moved into the 545,000-sf Park Towers at 1233 and 1333 W. Loop South. Now, TPMC Realty takes out a three-year, $45-million interim loan with a conversion option for a five-year permanent financing.
SHENANDOAH, TX-Today Realty Advisors puts in Weitzman at the two-year-old power center, where occupancy is now 82%. The plan is to revisit local brokers, court more national retailers and draw on its positioning near the Woodlands.
HOUSTON-The doors are open on an 8,640-sf Got Furniture? store at Hearthstone Corners, a 204,000-sf shopping center in northwest Houston. The retailer makes the move by downsizing another location in the same submarket.
HUNTSVILLE, TX-Hall Financial Group leverages two loans with the 196-unit Woodcreek and 84-unit Cornerstone, both in Huntsville. The Malone Mortgage Co. HUD loans have LTVs of 80% and run for 33 years.