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HOUSTON-Twelve offers roll in for the 90%-occupied Westview Forest, which was priced at $8.8 million. The private investor who won the deed is now ready to rehab to collect on the upside with a rent increase.
HOUSTON-A Houston dentist acquires the 11,958-sf building, assessed at $321,300, in a plan to occupy 20% and lease the balance. The D'Amico Street building was not quite half full at sale time.
BROWNSVILLE, TX-A private investor from California meets the asking price for a two-year-old restaurant leased for 15 years to Jack in the Box Inc. The border town eatery baited three offers in two months of marketing, says the seller's broker.
HOUSTON-For the second time in 45 years, a Port of Houston exec will lead the International Association of Ports and Harbors. Tom Kornegay takes over in 2005, two years before the group's biennial global conference docks in town.
HOUSTON-Two renewals and two new deals close off space in four Houston submarkets, with the northeast sector cornering the largest closing. DHN Enterprises, a 10-year tenant, holds tight to 25,000 sf.
HOUSTON-Two renewals and two new deals close off space in four Houston submarkets, with the northeast sector cornering the largest closing. DHN Enterprises, a 10-year tenant, holds tight to 25,000 sf.
HOUSTON-The Service Center, a national marketing support firm, pulls the headquarters staff and distribution team under one roof at 6450 Clara Rd. in the West by Northwest Industrial Park. Move-in takes place June 15.
HOUSTON-H. Dean Lane, Jr., one of the city's top retail brokers has left Boyd Page for NewQuest Properties to direct the firm's retail brokerage division.
THE WOODLANDS, TX-The development group takes a site along College Park Drive, just west of the interstate. In two months, work begins on a "for sale" medical office project in 2,500-sf to 12,500-sf designs.