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SUGAR LAND, TX-Mission Equities of Texas secures permanent financing through Ohio National Life Insurance Co. of Cincinnati, thanks to the efforts of a loan originator with Houston's Live Oak Capital. The office building is 95% occupied.
SCOTTSDALE, AZ-The 91,803-sf Lincoln Center gets a five-year tenant in a deal valued at $750,000. Of course, owner Anthem Properties' bigger deal is down the road, with a would-be buyer holding a contract on the class B building.
SUGAR LAND, TX-Mission Equities of Texas secures permanent financing through Ohio National Life Insurance Co. of Cincinnati, thanks to the efforts of a loan originator with Houston's Live Oak Capital. The office building is 95% occupied.
SCOTTSDALE, AZ-Koala Blu readies a 4,387-sf spot at the Scottsdale Horizon while furniture distributor, Steiner, heads into 3,907 sf at the Village at Prescott Gateway. The premier retail locations come with good neighbors.
PHOENIX-Caravan Trading has signed a three-year lease for 3,938 sf at Martin Van Buren Commerce Park while Southeast Cooler takes 4,266 sf in an industrial building along North 2nd Avenue.
CLEAR LAKE, TX-The space race in the NASA/Clear Lake submarket isn't confined to the economic engines of its mainstay employment, space exploration. Demand is such that class A space is practically non-existent and class B is sure to get tighter.
RIO GRANDE VALLEY, TX-Southwest Housing Development of Dallas has secured $29 million, of which $13.3 million will finance construction of 174 units in Harlingen and 146 units in Brownsville. New York City's Related Capital provides the funds.
PHOENIX-Esser Design will occupy 5,500 sf in a seven-year lease for Camelback Centre in Phoenix while Milliman USA heads into a 3,304-sf office in June at Scottsdale's Raintree Corporate Center.
HOUSTON-Panattoni says its leasing team is talking to would-be tenants that could half fill the first phase of the 120-acre Beltway 8 Corporate Office Centre. The developer says the northwest's abundance of industrial product made the choice for office fairly easy.