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HOUSTON-Houston has what it takes to keep up its pace, even when faced with trying times, says a CB Richard Ellis team in its annual forecast. Multifamily is by far the point man of the product pack, with rent reaching an all-time high.
HOUSTON-Nations Telecom takes 2,276 sf on a high-tech floor in the 27-story 1301 Fannin. The five-year lease is valued at $353,000. The 90%-occupied building is home to players such as ExxonMobil, Pennzoil, AT&T and MCI.
THE WOODLANDS, TX-The Woodlands Operating Co. bolsters its lineup at Panther Creek Professional Plaza with the addition of a chiropractic center. Meanwhile, a two-year employee is promoted to director of relocation and realtor relations.
HOUSTON-Houston has what it takes to keep up its pace, even when faced with trying times, says a CB Richard Ellis team in its annual forecast. Multifamily is by far the point man of the product pack, with rent reaching an all-time high.
HOUSTON-A CB Richard Ellis niche group in Houston closes the nation's largest self-storage portfolio sale since 1995. Whitehall Funds is the seller and Amsdell Co. of Cleveland, the buyer of the six-state portfolio.
HOUSTON-GigXchange makes plans to put its corporate office into 7,235 sf at the 77,000-sf Northwest Atrium II while Northwest Freeway tenant, Texas Cable Partners, adds 1,768 sf to its 31,000-sf lease.
HOUSTON-RS Investments of San Francisco turns over leasing duties for the 846,745-sf Louisiana Place and 219,976-sf 801 Travis. Moody Rambin brokers Bob Cromwell and Kevin Nolan are assigned to the CBD office buildings.
HOUSTON-Smith Production, a Houston-based oil and gas company, finalizes negotiations with Caldwell Watson for a 10,343-sf office at its 200,000-sf, three-building Northchase Business Park.
HOUSTON-A representative for 26 hotel and resort properties in Mexico holds onto its 5,351-sf office at North Belt Place, a suburban office building that's carrying a 73% occupancy. Houston Site Acquisition and PM Realty broker the deal.
HOUSTON-Navigation Palmer Partnership acquires a 9,920-sf industrial building on the outskirts of the Downtown while an industrial lease brings a signing for 3,288 sf in Houston's northwest submarket.