HOUSTON-Sunbelt Rentals Inc. will test the concept in a 9,900-sf industrial building being outfitted with showroom space for the general public as well as contractors. The lease has kicked in although build-out won't be done until early May.
HOUSTON-Accupack, a maker of circuit boards and PC equipment, taps a portion of an 82%-occupied building in the Southwest Business Park. The long-term lease goes into effect in March.
CLEAR LAKE, TX-DI Central Corp. weighs all options and finds out that it's cheaper to stay put than relocate from Camino Center II, says the tenant's broker. The firm re-ups a long-term lease for a 4,009-sf office.
HOUSTON-Picerne Development Corp. will build 260 units of affordable housing on a 15-acre tract about a mile north of Loop 610. CharterMac and Related Capital have provided the debt and equity for the project, which delivers in February 2005.
HOUSTON-Future Enterprises of Camden, NJ is readying to move from a 10,000-sf leased space on the south side to a 38,000-sf owned building in the northwest submarket. Seller Hollander Glass Texas has the asset priced at $1.1 million.
THE WOODLANDS, TX-Jones & Carter has moved into 10,200 sf at Venture Tech III in a medium-term lease that gives the engineer its fourth office in the state. The move trails the takeover of a Woodlands firm.
HOUSTON-First Continental Mortgage will open doors in February on 14,544 sf of class A space at 2929 Briarpark Dr. in a street-level office that will put the team on one floor instead of four. The move ends a 10-year run along Town & Country Drive.
HOUSTON-The local distributor takes about half of a two-year-old warehouse north of its headquarters office to extend its reach in the metroplex. HDG Products gets the keys March 1 to 1606 Greens Rd.
HOUSTON-A Portland, OR manufacturer parts with land near its local hub to an investment group with a development plan. Tagged for sale at $1.5 million, the land changes hands in a 60-day start to finish.
HOUSTON-Sterling American Property will close in mid-January on a nine-property portfolio with 1,736 units, in Houston, Corpus Christi and San Antonio. The firm's fourth fund will finance the purchase along with a $2.5-million renovation.