REAL ES­TATE BRIEFS

Houston Chronicle Sunday - - PRIME PROPERTY - kather­ine.feser@chron.com twit­ter.com/kfeser

Real ac­quired Tran­swest­ern Es­tate Group a 114,413-square­foot Cap­i­tal and Vir­tus In­vest­ment have S. Green­house of­fice build­ing Road at from 2051 The D’Agostino Cos. The prop­erty will be repo­si­tioned as a med­i­cal of­fice build­ing. Kevin McConn, Rudy Hub­bard and Rick Go­ings of JLL rep­re­sented the seller. Justin Brasell of Tran­swest­ern rep­re­sented the buyer. Sky Light Hos­pi­tal­ity has pur­chased the 52-room Best West­ern Plus Hous­ton North at 14753 North Free­way from JPM Air­tex. Michael Yu, Rahul Bi­jlani and Tyler Bean of CBRE has ar­ranged the sale. VEC LP, a lo­cal in­vest­ment group, has pur­chased 83 acres at Kick­apoo Road and FM 2920 in Waller County from Lavon Thomas and af­fil­i­ates. Jeff Lokey of NewQuest Prop­er­ties rep­re­sented the seller. Car­los Iz­querido of Bayou City Co. rep­re­sented the buyer. The buyer has no im­me­di­ate plans to de­velop the prop­erty, which had been in the Thomas fam­ily for more than a cen­tury. Katy In­de­pen­dent School Dis­trict has pur­chased 157 acres off Katy Hock­ley Road north of FM 529 in Katy near the Elyson com­mu­nity. McAl­is­ter Real Es­tate bro­kered the sale for the seller, Rock­spring Cap­i­tal. Jared and Fred Fargo of Con­sol­i­dated Prop­erty Ad­vi­sors as­sisted the buyer. Mus­tang Cat has pur­chased 9.1 acres at County Road 220 near South Velasco in An­gle­ton. Joel Michael of NAI Part­ners rep­re­sented the seller, Teal De­vel­op­ment. Dan Per­rier of Per­rier Prop­er­ties rep­re­sented the buyer. IFP-II has pur­chased a 211,086-square-foot man­u­fac­tur­ing build­ing at 12218 Robin Blvd. from Ad­mi­ral Glass Co. Justin Tun­nell of Lee & As­so­ci­ates rep­re­sented the seller. Joseph Ber­wick and Richard Quar­les, CCIM with JLL rep­re­sented the buyer. Hous­ton-based Stan­more Part­ners has started con­struc­tion on the Ravella at Si­enna Plan­ta­tion Apart­ment Homes, a 292-unit project at 5330 Si­enna Park­way in Mis­souri City. The project team in­cludes Stein­berg Dickey Col­lab­o­ra­tive, Haven De­sign Stu­dio and Hoar Con­struc­tion. Health Care Ser­vice Corp. has re­newed a 48,214square-foot lease at 1800 W. Loop South. Doug Lit­tle, Louann Pereira and Matthew Seliger of Tran­swest­ern rep­re­sented the land­lord, KBS Realty Ad­vi­sors. Sean Reynolds and Gar­rold Par­ratt of JLL rep­re­sented the ten­ant. Bayou City Barks has leased 7,590 square feet at 7230 Wyn­nwood from First In­dus­trial. Steve Biegel of New­mark Knight Frank rep­re­sented the ten­ant. Boyd Com­mer­cial rep­re­sented the land­lord. MidSouth Bank has sold a 3,920-square-foot bank at 11417 Vet­er­ans Memo­rial Drive, just north of the Sam Hous­ton Toll­way, to a physi­cian prac­tice man­age­ment com­pany for con­ver­sion into a med­i­cal clinic. Cary Latham of Belvoir Real Es­tate Group rep­re­sented the seller.

Tran­swest­ern

2051 S. Green­house will be­come a med­i­cal plaza.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.