Pump company expands Brookshire campus
Grundfos, a Denmark-based provider of water pump technologies, is building the Americas Regional Center on its campus at 902 Koomey Road in Brookshire. Slated for completion in spring 2021, the 45,000square-foot facility will house the company’s sales, operations, engineering, human resources, finance and other support functions. The project team includes PGAL as architect and Harvey Builders and the general contractor. Grundfos is targeting LEED Platinum certification, the highest level under the U.S. Green Building Council’s Leadership in Energy and Environmental Design sustainability program.
Magnolia JV purchased 873 acres along FM149, north of FM 1488, in the Magnolia area of Montgomery County for a residential development that will contain upward of 1,000 homes, according to Land Advisors Organization. Kirk Laguarta and Duane Heckmann of Land Advisors represented the seller. Construction on the southern portion of the tract is expected to begin in mid-to-late 2021, according to Land Advisors. The property is still in the preliminary design phases but will consist of amix of single-family lots to 11-acre estate lots.
RLH Corp. opened its first dual-branded property, the new Red Lion Inn & Suites and Americas Best Value Inn Katy. Owned by Sam Patel, the four-story property at 25633 Kingsland Blvd. in Katy contains 26 Americas Best Value Inn rooms and 37 Red Lion Inn & Suites rooms.
RLH is a hotel company focused on the franchising of eight brands at more than 1,000 properties across North America.
Billiard Factory purchased 1.6 acres at the Grand Parkway and Spring Stuebner Road in Spring. Randy and Trevor Nerren of NewQuest Properties represented the buyer. Mark Terpstra of Terpstra & Associates represented the seller, Five Forks Village.
Osjay Enterprises leased 529 square feet in the recently renovated 4211North Freeway office building. Wheel and Hubcap Wholesalers of Houston leased a 2,400-square-foot office/warehouse building at 4141 North Freeway for a four-year term. Miguel Meda of CMI Brokerage represented the landlord, Calatrava GP, in both transactions.
Idea Public Schools leased 22,000 square feet at Beltway Industrial Park near Cunningham Road and West Little York Road in northwest Houston. Trent Vacek of CMI Brokerage represented the landlord, Blum Beltway LP. Idea recently expanded into Houston with two locations and a third is under construction.
Big Space Storage, a 137,760square foot storage facility at 11847 Spears Road, has been sold. Dave Knobler and Casey Kral of Marcus & Millichap brokered the transaction.
Santa Fe Group Americas
renewed 3,431 square feet at 1880 S. Dairy Ashford for 5 years. Kacie Skeen represented the landlord, Hartman Income
REIT.
Novel Coworking has tapped Stream Realty Partners to assist with leasing at its historic 405 Main St. building, also known as the Scanlan Building, in downtown Houston. The renovated building contains 96,000 square feet, of which 13,801 square feet is available for lease, according to Stream. Novel occupies 30,450 square feet across levels 3, 4, 5, 7 and 8.
Kyle Chiu purchased a fourplex at 1904 Calumet St. in the Museum District. The 1929 building will be remodeled with the units offered for rent next year. Sunitha Goli represented the buyer. Cotton Munson of Davis Commercial represented the seller, Tufted Titmouse.