One transaction puts 3.6 acres into the hands of Hilcom Development, which is planning to build a new full-service hotel on the land. Meanwhile, Left Field Ltd. has bought 2.05 acres for retail/office development and Right Field Ltd. has taken over 1.61 acres for another retail/office development. International Realty Concepts has represented the buyers and Betz Cos. MetroNational in all three transactions.
In other activity, Fannin/Rusk Partners Ltd. has bought the 200,000-sf former Texas State Hotel at 720 Fannin at Rusk in downtown Houston. International Realty Concepts, Legacy Commercial Group and Seller's Choice have represented buyer and seller in this one.
A California investment group, represented by Investar Real Estate Services, has snapped up the 70,000-sf Shadowbriar Shopping Center at 12280 Westheimer in far west Houston from Shadowbriar Partners Ltd. International Realty Concepts has acted on behalf of the seller.
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