HOUSTON-Forward Claims Services has secured title to a 9,600-sf building positioned on 1.5 acres. The insurance claim service will use the property for its headquarters. In another deal, a Clear Lake tenant has expanded its lease.
HOUSTON-Wade Bowlin has snagged the official title of senior managing director at Kennedy-Wilson International's Houston office. He has been acting in that capacity since December 1999 when Dennis Greer had retired.
HOUSTON-Beall Land Corp. has hawked a 20,000-sf warehouse to a private buyer. The 20-year-old structure is a fairly rare deal since there are few structures of its type in the historic Houston Heights area.
SUGAR LAND, TX-Turner Adreac Development Co.'s construction company is pushing hard to meet an end of June finish for the 70,000-sf second phase at Sugar Creek. Lead tenant, Helix Infusion Therapy, is driving the deadline for a quick move-in.
HOUSTON-CTX Mortgage's Memorial Drive branch has a new name, new owner and more space for operations. Local businessman Mark D. Cady has acquired the branch and in the course of doing so has beefed up its lease.
HOUSTON-Caldwell Watson Real Estate Group has added yet another key player to its staff. This time, it's an in-house architect. He will be help guide project architect decisions and set a smooth course for commercial developments.
HOUSTON-Come next week, the Hanover Co. will begin razing an office building to make way for the city's tallest multifamily project. The 33-story, 356-unit project is the latest undertaking for a focus on pedestrian-friendly complexes.
HOUSTON-Building owners could be in for a shock if they think class-A, CBD rent is going to bring $32 per sf or more. Two executives differ in reasoning, but the bottom line is supply, demand and threat from the suburbs will keep rent in check.
THE WOODLANDS, TX-A construction milestone will be reached April 24 when the 30-story Anadarko Tower tops out. The 800,000-sf project will deliver in spring 2002, giving the energy company some 1.1 million sf of office space in The Woodlands.
HOUSTON-The three-building Loop Central Drive office project has 326,310 sf on the market, thanks to the departure of Jacobs Engineering from 292,821 sf in the project. Jacobs has moved into a new owner-occupied structure.