HOUSTON-Another California tech company has found its way to Houston. Endymion Systems is taking 5,422 sf at a Galleria building. The firm, based in Oakland, also has offices in Seattle and Irvine, CA.
CORPUS CHRISTI, TX-SSP Partners has taken over the Tex-Mart Food Store chain amid plans for an expansion. The beef up will come in south Texas. which is perceived as the strongest emerging market.
HOUSTON-The 1.53-million sf Willowbrook Mall has changed hands, falling into a joint venture portfolio of General Growth Properties and the New York State Common Retirement Fund. The mall has brought in $144.9 million for the pension fund seller.
HOUSTON-A new residential developer has secured title to a 5,000-sf warehouse that will serve as its corporate headquarters. The Memorial Park location is tailor-made for AMDB's focus on high-end projects, says the broker.
HOUSTON-It's official: Hilton will be managing Houston's Convention Center Hotel. A 15-year contract has been signed for the 1,200-room facility, which breaks ground in the summer. Delivery is set for late 2003.
HOUSTON-Village Green, Baybrook and First Colony shopping centers each have secured a new tenant. Cingular is opening its 74th Houston store while Proven Products is making plans for its third. Leslie's Pool Supplies is heading to Village Green.
HOUSTON-Setting an 800,000-pound truss is a feat to behold. The task has fallen to construction crews at the under-construction Reliant Stadium, a two million sf undertaking. To date, the stadium is 35% complete, with the truss being the largest piece of steel to be set.
HOUSTON-Stage Stores should emerge from a Chapter 11 in the summer, says a court-appointed disposition agent. Part of the restructuring calls for property dispositions, of which eight leases yesterday fetched $2.1 million.
HOUSTON-A Pennsylvania-based high-tech company has taken up residency near NASA in a 399,000-sf power-packed structure. Eduneering has inked a 13,836-sf lease in a TrizecHahn property that has Lockheed Martin and AT&T as tenants.
HOUSTON-Hines will begin pushing dirt this summer on a $300-million undertaking for Winter Sports Inc. The development, which will take eight to 10 years to finish, will serve as the base village for Big Mountain Ski & Summer Resort in Whitefish, MT.