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CHANNELVIEW, TX-Deep Down, a supplier for the marine industry, takes advantage of low interest rates to fulfill a long-held plan to own its location. The firm takes the deed to the site it leased a year ago.
HOUSTON-Houston-based Asian Groceries Supply signed a long term lease for 13,420-sf at the Westpark Business Park at 10651 Harwin Drive in southwest Houston.
HOUSTON-Harris County Emergency Services District No. 9 bought a 23,890-sf office/warehouse at 9630 Telge Rd. in northwest Houston. The three-year-old warehouse is situated on 86,997 sf of land.
HOUSTON-With Houston's multifamily market being such a hot ticket, more than two dozen offers rolled in for the Greenwood Forest complex in the FM 190/Champions submarket. Former Houston Mayor Bob Lanier wins the face-off.
HOUSTON-NKN Stores of Houston takes the reins to a 2,500-sf service station and convenience store in the Alief area of southwest Houston. The operator signs a 10-year lease for the property, which prompted more than 100 inquiries.
HOUSTON-Claremont Property takes over the Landmark Apartments after overcoming obstacles that blocked the sale in April. Now that the deal's done, the owner will gut and rebuild to reposition its new asset.
HOUSTON-Crews have descended on a tract, bought in February, in Rio de Janeiro's CBD. To get the Torre Almirante project moving, Hines finished one building and is making plans to convert two others into a 15-story parking garage.
STAFFORD, TX-Consentino SA gearing up for a mid-October ground-breaking on 5 1/2 acres in the Freeport Southwest Business Park in Fort Bend County. A 10-year incentive package with abatements averaging 63% of the annual taxes closed the deal.
CLEAR LAKE, TX-Plant Automation Services stays put after expansion options are laid on the table for the solutions provider for industrial process plants. An extra 7,852 sf is leased along with a 14,389-sf renewal.