HOUSTON-The city's leading dealmakers rise to the call for a battery of requests from Gulf Coast businesses looking to get back up and running. Amid the mayhem, professionals agree on two points, including that it's only a short-term market pickup.
SCOTTSDALE, AZ-American Home Mortgage Corp. signs a five-year lease for 2,795 sf in El Presidio. The office lease reels in $25 per sf for the owner, with annual rent hikes factored into the deal.
HOUSTON-Westye Group-South, a national wholesale distributor of luxury appliances, opens doors with a three-year deal that is close to the quoted rate of 32 cents per sf, triple net in ready-to-go space at the 194,000-sf Clay Road Distribution Center.
HOUSTON-Westye Group-South, a national wholesale distributor of luxury appliances, opens doors with a three-year deal that is close to the quoted rate of 32 cents per sf, triple net in ready-to-go space at the 194,000-sf Clay Road Distribution Center.
PHOENIX-ScanlanKemperBard Cos. and the Praedium Group scoop up their second JV purchase in the region, getting a 78%-leased, eight-building office complex for a value-add play. The JV intends to spend another $2 million on renovations.
PHOENIX-ScanlanKemperBard Cos. and the Praedium Group scoop up their second JV purchase in the region, getting a 78%-leased, eight-building office complex for a value-add play. The JV intends to spend another $2 million on renovations.
WEBSTER, TX-TM Properties of San Diego, through a 1031 exchange, buys two retail properties, one in South Texas and another in the eastern part of the state. The centers, both newer product with 95% occupancies, collateralize 10-year loans.
WEBSTER, TX-TM Properties of San Diego, through a 1031 exchange, buys two retail properties, one in South Texas and another in the eastern part of the state. The centers, both newer product with 95% occupancies, collateralize 10-year loans.
CHANDLER, AZ-Emergency Restoration Services Inc. exercises its one-year option to buy an office/warehouse along North Colorado Street for $1.28 million. The company, which started out sharing the structure, is now retooling it for single-tenant use.
HOUSTON-As part of a hiring increase, oil and gas exploration group Focus LLC has expanded its headquarters from 4,920 sf to 8,391 sf through a new 36-month lease for class A office space. The company has been in its current location since 2000.