LEAGUE CITY, TX-NewQuest Properties is off and running on the Blackhawk Town Center, rising on 20 acres at the junction of Texas 646 and Interstate 45. Set to deliver in January 2005, the project's anchors are an H-E-B grocery, Walgreens and Bank of America.
HOUSTON-In search of a good deal and larger space, a Houston-based accounting firm has moved seven miles northwest to 2,995-sf on the Northwest Freeway.
BAYTOWN, TX-A private investor from Westminster, CA, has paid somewhere south of $1.6 million for the ailing, 75-unit Shady Hollow apartments here and is planning to sink at least $150,000 into the complex.
HOUSTON-The Houston office of Cenor Realty and the Weitzman Group have awarded the leasing and management assignment for DRA Advisors' entire Houston portfolio after winning the contract for the first part of the portfolio in mid-May.
DEER PARK, TX-Armed with a 10-year lease, Delta Chemical Services will turn on lights Thursday in the newest building in the 34-acre Battleground Distribution Center. The prospect surfaced just as the $3.5-million shell neared completion.
HOUSTON-The bank's execs re-up 11,545 sf in a medium-term lease for 13111 Westheimer Rd. after scouting the Westchase submarket for a relocation site for the retail operation. The bank's occupied the lobby spot at least five years.
HOUSTON-Automated Dynamics moves the headquarters to 3,258 sf of class B space at 350 North Belt, signing a long-term lease for a now 89%-leased office building and driving a relocation from a neighboring property.
HOUSTON-A San Diego investor picks up the deed 26 days after signing the contract for a 13,813-sf, seven-month-old store leased for 20 years to Eckerd. The broker says the store's strong location and chain's pending sale to CVS are the deal's closers.
HOUSTON-The bank pre-leases a 3,500-sf end cap in an 18,000-sf project that will come out of the ground as shadow space for a Kroger Signature store in the northwest corridor. Construction begins in two weeks on 1.4 acres, bought a month ago.
SUGAR LAND, TX-With just weeks to go before it sells, the Two Sugar Creek lands a 29,477-sf expansion by two-year tenant, State Farm, which doubles the office size for a regional consolidation. The class A deal pushes occupancy to 93%.