WEBSTER, TX-The Watershed, a Florida-based drug rehabilitation provider, has come to terms with a new owner to get another 9,000 sf added onto an 8,400-sf medical office building, sweetening the $1.5-million plan with a 10-year lease extension.
HOUSTON-The 214,831-sf door manufacturing facility at 5401 Lawndale St., just four miles southeast of the CBD, sells to Caspian Homes. The listing was on the market for 1.5 years, baiting several offers--all from residential developers.
HOUSTON-The 214,831-sf door manufacturing facility at 5401 Lawndale St., just four miles southeast of the CBD, sells to Caspian Homes. The listing was on the market for 1.5 years, baiting several offers--all from residential developers.
HOUSTON-Davis Penn Mortgage, which specializes in financing multifamily projects, stays put on the southeast side of town after seriously considering a move to the Westchase submarket. The 6,377-sf renewal is struck about six months early.
HOUSTON-A&L Trucking takes a location near the Houston Ship Channel in an expansion with a medium-term lease for a freestanding building that it occupied years ago. The firm's execs started talks shortly after Proler Steel moved out.
HOUSTON-The close-out discounter, signing its typical five-year lease, will open doors in February at Copperfield Place, a suburban property owned by Ores Commercial of Houston.
HOUSTON-National City Mortgage takes 7,261 sf for the long term in Cornerstone Towers in the northwest submarket and Atlantis Data Systems, a provider for the transportation industry, commits to 2,490 sf in Westchase.
THE WOODLANDS, TX-With the Woodlands Operating Co. no longer doing third-party leasing, Triple Net Properties hires Transwestern Commercial Services' Houston office to oversee the 185,585-sf Parkwood I and II in the Woodlands.
HOUSTON-Bennink Hayes & Co. signs a medium-term, market-rate lease after the building owner of 211 Highland Cross Dr. agrees to an early-out with six months left to go. The 10-year tenant's decision nips about 500 sf from the office area.
SUGAR LAND, TX-Perry's Grille & Steakhouse will open a third location in the spring in the 32-acre Sugar Land Town Square in a long-term lease struck with the developer. The project's first phase is 87% leased.