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HOUSTON-Sparkle Car Wash gets an expansion site and a local investor picks up a new holding in a one-acre sale along Milwee Street. Seller Kirk Papp plunks the proceeds into a slightly larger tract in Houston's northwest submarket.
GLENDALE, AZ-Opus West pays $1.8 million for another tract in the 67-acre Technology Center at Talavi. The closing comes at the same time that the developer secures a 10-year lease, valued at $8 million, for an under-construction project.
HOUSTON-The suburban submarkets come to the rescue as CBD occupancy plummets 12.32 points in one quarter. The CBD dips to 85.08% whereas citywide occupancy is down just 0.24 of a point to 93.26%, the second highest level in eight years.
HOUSTON-The suburban submarkets come to the rescue as CBD occupancy plummets 12.32 points in one quarter. The CBD dips to 85.08% whereas citywide occupancy is down just 0.24 of a point to 93.26%, the second highest level in eight years.
ALBUQUERQUE-Rent concessions are disappearing and investors appearing in Albuquerque, particularly in the multifamily sector. A 59-unit, class B plus complex brings $2.5 million from another out-of-state investment group.
HOUSTON-In all, 176 for-sale townhomes, 312 apartments and 85 patio homes will deliver on the balance of Sueba USA's land near its 314-acre single-family development. It's a mix of multiple designs for a broad spectrum of tenants and buyers.
HOUSTON-Cypress Station Park is ticketed for the newest medical office building in the region. Lantern Bend Properties closes the land sale and readies the plan for a project anchored by North Houston Heart Center.
HENDERSON, NV-Interstate Bakeries acquires a 20-year-old warehouse/distribution facility that's been empty for more than a year. Renovation and site consolidation follow the action at the closing table.
HOUSTON-The suburban submarkets come to the rescue as CBD occupancy plummets 12.32 points in one quarter. The CBD dips to 85.08% whereas citywide occupancy is down just 0.24 of a point to 93.26%, the second highest level in eight years.
PHOENIX-A fully occupied office building, filled mostly with government-related tenants, changes hands. Seller Presson Corp. is looking to add larger product in its portfolio, a factor that could have sparked the Wellington Court sale.