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PacVentures has been a Brownsville submarket owner for many years, steadily increasing its presence with the recent acquisition of vacant land next to the NAFTA Business Park and a 10-building industrial portfolio.
Glinn, based in Chicago, is spearheading efforts to expand the company's construction projects at US airports, including work directly for the airports, with air carriers, and with specialty aviation contractors.
CBS will also retain office space for CBS Studios International's US headquarters and other company departments currently housed on the Television City site.
The building is presently divided into three units that are leased to two tenants, and a portion of the site is also leased to Omnipoint for the location of a cell tower.