HOUSTON-Marcus Hotels & Resorts is the new manager for a 171-room Hilton Garden Inn that will open in the fall. It's Marcus' first Texas assignment. But, says a company executive, are sure to follow.
HOUSTON-A new tenant has moved into 36,600 sf at ComTech Center in the city's midtown section while another tenant has grabbed 28,511 sf at Loop Central One. The buildings rent for $18.50 per sf and $18 per sf, respectively.
CLEAR LAKE, TX-First Allied has picked up a 78,000-sf shopping center that is positioned at the back door of NASA. Good location, good tenant mix and good Houston economy fuel the acquisition.
HOUSTON-A turnaround leasing strategy for a 112,500-sf warehouse is working after three months of the single-tenant property sitting empty. Weingarten brokers opted to divvy up the space and it's now 75% leased.
HOUSTON-The Beltway Southwest Business Park in the city's northwest corridor has reached 84% occupancy. The industrial project's third phase, finished in fourth quarter 2000, is 50% leased, thanks to a new signing.
HOUSTON-IEC Inc. and the state attorney general's office have signed leases for Summit Tower and Regency Square Tower, respectively. Grubb & Ellis have brokered the deals for the class-A and B office holdings.
HOUSTON-There's little room for doubt that Houston is leading the nation in industrial market activity these days. Another 105,000 sf has been leased. Meanwhile, space is so sparse that one prospect has bought land for his new spot.
HOUSTON-A vintage clothing reseller, World Clothing Corp., has leased 18,000 sf of warehouse space in the city's eastern corridor. The new location is part of a 200,000-sf, multi-tenant warehouse park along Wallisville Road.
HOUSTON-The city's getting its fifth Krispy Kreme and four more could be on the way. The franchisee says the timing's right to secure CBD space. A 10-year lease for 2,757 sf has been signed for 930 Main St. at McKinney.