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HOUSTON-CH Mortgage Co.'s will move into 4321 N. Sam Houston Parkway in the Clay Crossing Business Center. The lease spans five years for the office building and eight acres, assessed at nearly $5 million by Harris County.
LAKE OSWEGO, OR-The Arizona-based provider of executive suites buys an existing operation at Five Centerpointe and extends its expiring 13,000-sf lease there by 10 years in a deal valued at around $3.5 million.
DENVER-The $7-million Point project includes multifamily rental and for-sale housing, retail and office space at at 26th and Washington streets in the Five Points neighborhood. Five Points Business Association and the non-profit Hope Communities Inc. are co-developers.
ORLANDO-After leasing and managing its six industrial flex buildings in east Orlando and Downtown for the past four years, the Winter Park, FL-based developer is turning the leasing chores over to brokers Tom McFadden and William "Bo" Bradford in the Orlando office of Advantis Real Estate Services Co. Advantis' fee wasn't disclosed.
OLD BRIDGE, NJ-Jerald Development, known mostly for its upscale single-family developments, wants to combine retail with age-restricted multifamily residential in a new "town center" project.
HOUSTON-Sugarland Petroleum buys the northwest corner at Beltway 8 and Mesa Drive in the far south corridor. The plan is build a co-branded convenience store and fast-food facility, with some land set aside for future retail development.
VIENNA, VA-In a $10 million transaction, the 78,000-sf office building at 8401 Courthouse Road changes ownership from a Paradigm Properties-controlled joint venture to the National Institute of the Severely Handicapped. Located in the Tysons Corner area, the 18-year-old office building is 26% occupied.
LONDON-Take-up in the depressed Thames Valley office market to the west of London has slumped by 50% in a year with just 1.2 million absorbed during the first half of 2002, one of the lowest levels ever seen in one of the UK's key office markets.
NEVILLE ISLAND, PA-Some $8 billion in construction projects are being held up due to lack of terrorism insurance, the president tells a labor group here.
MISSION VIEJO, CA-DeNault's, a seven-store chain based in San Clemente, Calif., signs a long-term lease to move its 12,0000-sf Santa Margarita, Calif. store to Trabuco Hills Center.