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HOUSTON-The developer's Pinemont Center hangs a "no vacancy" sign after wheeling and dealing for an 11,250-sf tenant for the two-building complex. The inbound tenant is the Press Room, now setting up its shop.
HOUSTON-The 20-year-old office building at 810 Highway 6 in Houston's western tier sells after being on the market for six months at an asking price of $3.7 million. The upside potential is in the opportunity to boost occupancy, says the broker.
HOUSTON-ML Realty Partners outbids nine others for the Greenspoint submarket building that's fully leased to ExxonMobil for the next five years. An $8.2-million loan was floated for the buy.
HOUSTON-Reel In relocates from Magnolia, north of Houston, to the northwest submarket, taking an entire building in the Northwoods Industrial Park. The firm eyed buying, but then opted to because the park is close to its customers.
HOUSTON-Datascan Technologies heads into 10700 North Freeway, a 72%-leased, 179,692-sf office building in the Greenspoint/North Belt submarket. The lease is crafted by brokers from NAI Partners Commercial and Grubb & Ellis.
HOUSTON-Ratnala & Bahl, a five-year tenant, commits again to the 11-story, 235,961-sf suburban office building, owned by Koll Bren Schreiber. With the fresh signing, the building remains 81% occupied.
HOUSTON-RJ Global Technologies inks a renewal for 13,388 sf and adds another 4,725 sf to its manufacturing space at Legacy Park Business Center. The building owner's team also signs Polaris Labs to 4,725 sf.
CORPUS CHRISTI, TX-Griffin Partners of Houston outbids nine others for the class A office property in the Corpus Christi CBD. A $500,000 renovation is underway on the 70%-occupied structure acquired from a Texas trust.
HOUSTON-Vinson & Elkins hangs onto 16 floors of the 49-story First City Tower. Sure, the law firm looked around, but the final decision is sealed with a 15-year lease, options to extend beyond 2030 and a $10-million renovation.
SUGAR LAND, TX-The premier restaurateur will build a 7,000-sf China Bistro in the 32-acre town square project to mark one of the first retail signings to close for the development. China Bistro breaks ground in the summer.