HOUSTON-David Croskery, a 15-year professional of loan servicing and commercial real estate, is named managing director for loan servicing. He replaces William Wheaton, a six-year HFF exec who's transitioning into another role within the department.
COLLEGE STATION, TX-National Self Storage Management pays close to $1.1 million for a second property in the College Station-Bryan area. At sale time, the Budget Mini Storage at 104 Holleman Dr. was about 80% leased.
HOUSTON-A 1031 Exchange buyer scoops up the newly built, fully leased Crossroads Plaza in the far northwest submarket, one of the city's top-performing trade areas, after taking the lead as the top bidder for an asset with $2.6-million ask.
HOUSTON-Associates Doug Lockwood and Bob Bantley get the Houston promotions in multifamily investment sales and office tenant representation, respectively. Lockwood joined the firm in 2001 and Bantley in 1998.
THE WOODLANDS, TX-Jumpstarting the plan for a 650-lot expansion to the Village of Sterling Ridge is a 37-acre shopping center. Wal-Mart kicks off the project with a 25-acre buy for a 210,000-sf box in a new neighborhood with 100 acres for commercial projects.
SUGAR LAND, TX-Developer Sugarland Properties relinquishes a fully leased, 23,230-sf building on three acres in its 43-acre Town Center Lakeside to first-time commercial real estate buyer, MG Capital of Houston.
HOUSTON-Applied Earth Sciences will relocate in the summer from Arena Tower along the Southwest Freeway to 10255 Richmond Ave. in Westchase. The environmental consulting firm's finish-out in the class B building is about to begin.
HOUSTON-Four newcomers, a renewal and a relocation from Corpus Christi account for the stack of deals for three CBD office buildings, Continental Center I, KBR Tower and 500 Jefferson St., and one suburban property at 3700 Bay Area Blvd. in Clear Lake.
HOUSTON-The packaging pro expands its commitment to ProLogis, signing for a second build-to-suit for its distribution network. The 83,200-sf project breaks ground Monday. The deal is sealed on the heels of a 104,095-sf completion in Portland, OR.
HOUSTON-The post-secondary institution signs a long-term lease for Westwood Technology Center, a retooled 536,000-sf mall in the southwest submarket. The school will open its fourth Greater Houston campus in mid-April.