East End makerspace fills with tenants
East End Maker Hub, a 300,000-square-foot manufacturing center at 6501 Navigation Blvd., is approximately 75 percent leased after several new deals, according to Mike Pittman, vice president of real estate for developer Urban Partnerships Community Development Corp.
Volumetric ,a Houston-based biotech startup, expanded to more than 20,000 square feet. Houston Museum of Natural Science leased 8,700 square feet for its assembly and fabrication needs for museum exhibits. HTX Made, a design and production workshop founded by Ben Baron, leased 17,000 square feet. The company collaborates with architects, artists, and product designers to create furniture, architectural millwork, artwork and other products. East End Maker Hub is a partnership between Urban Partnerships CDC and TX/RX Labs, a nonprofit manufacturing incubator that provides training for the community in high-tech machining and manufacturing.
The Lynd Co. acquired Villas at Valley Ranch, a 312-unit apartment complex in Porter, and Paramount at Kingwood, a 372-unit complex in Kingwood. Lument provided a $32.3 million loan for the acquisition of Villas at Valley Ranch and a $37.8 million loan for Paramount at Kingwood. The loans, which include funds for improvements, have fixed interest rates and three-year terms. Marc Suarez represented
Lument.
Lamberth Law Group
leased 2,399 square feet in Lyric Center at 440 Louisiana in downtown. Newmark represented the tenant. Capital Realty Group Texas represented the landlord, Lyric Centre LLC.
Messogen leased 5,469 square feet of lab space at 8701 New Trails, The Woodlands. Christian Connell of Transwestern represented the tenant. Greg Usher of Cypressbrook Co. represented the landlord, Vista Woodlands Partners.
Anglia Homes subleased 6,597 square feet of office space at 1575 Sawdust Road. Griff Bandy of NAI Partners
represented the sublandlord.
Tranquility Properties
purchased Tranquility Assisted Living, a two-building facility totaling 8,487 square feet at 9006 Poco Road in west Houston. Elena Bakina of Colliers represented the seller, Tranquility Personal Care Home.
Messogen leased 5,469 square feet of lab space at 8701 New Trails, The Woodlands. Christian Connell of Transwestern represented the tenant. Greg Usher of Cypressbrook Co. represented the landlord, Vista Woodlands Partners.
Rosemount leased 31,500 square feet in the Bay Area Business Park, Building 1, 9311
Bay Area Blvd, Pasadena. Michael Foreman of Cushman & Wakefield and Axiom Advisory Group represented the tenant. Justin Robinson and Woody Hillyer of Stream Realty Partners represented the landlord, Bay Bluff LP.
Boxer Property has been hired to manage the Saint Constantine School buildings at 7177 Regency Square Blvd.
Nan and Company Properties, an affiliate of Christie’s International Real Estate, has been retained to provide marketing services for the Residences at Tiki Island, a condominium and resort development of Austin-based Legend Communities in Tiki Island, just north of Galveston.
Units will start in the $800,000s. Completion is planned in 2024.
Allied Orion Group has been selected to manage Canyon Grove Apartments, a 310-unit complex at 1960 W. Tarrant Road in Grand Prairie. The Houston-based company now manages 12 complexes totaling close to 3,000 units for Miami-baed One Real Estate Investment.
ATR Engineering leased 2,572 square feet at 16420 Park Ten Place. Ami Figg represented the landlord, Hartman Income REIT.
Equity Advisors Group
purchased 5340 Bay Oaks Drive in Pasadena. Tyler Maner, Andrew Littlefield and Davis Lamberton with Stream Realty Partners represented the buyer.
Art Recovery Technologies of Greater Houston
leased 6,000 square feet at Commerce Park Northwest 2, at 8601 Jammel Road. Kevin Gardner of Gardner Realty represented the tenant. William Carpenter and Boone Smith of Stream Realty Partners represented the landlord, LINK Industrial.
Quarries Direct International, an importer and distributor of natural stone and porcelain, purchased a 129,325-square-foot building at 12955 Emmett Road in northwest Houston. Nick Peterson and John Ferruzzo of Transwestern represented the buyer.