HOUSTON—While office in primary markets is at a premium, have secondary markets benefited as well? That was the question at the first session of the second day at NAIOP's O.CON.
HOUSTON--CBRE Capital Markets' Debt & Structured Finance team has secured $49.7 million in construction financing for The Village of River Oaks, a 195-unit, class A senior housing community located in Houston.
HOUSTON--National Asset Services (NAS) has brokered the sale of 602 Sawyer Street, on behalf of 22 tenant-in-common co-owners, to Houston-based Griffin Partners. The property, an 85,923-square-foot, seven-story office building, is located in the Midtown submarket.
DALLAS--BOKA Powell, a Dallas-based architecture and interiors firm, has completed design work on the $11.2-million Hatcher Station Health Center, developed by Frazier Revitalization Inc. and operated by Parkland Health and Hospital System. The 44,300-square-foot clinic near Fair Park is located on a seven-acre site adjacent to DART's Hatcher Station.
DALLAS—On the heels of acquiring a 902,715-square-foot industrial portfolio in El Paso and Harlingen last week, Sealy & Co. has disposed of its Texas Industrial Portfolio, which consists of 19 institutional quality assets totaling 1.48 million square feet located in Dallas, Houston and San Antonio.
DALLAS--VCM Development Group LLC has sold an 119,868-square-foot site in Frisco to Primrose Schools. The site is located at the northeast corner of Main Street & Teel Parkway in west Frisco.
HOUSTON--Triten Real Estate Partners, a subsidiary of Triten Corp., has delivered Building Four at Intrepid Business Park, a spec industrial development located in northwest Houston. The recently completed building is an 86,250-square-foot front-load, distribution facility that is 38 percent pre-leased.