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Working on behalf of the borrowers, Lionstone Investments and Midway, JLL arranged $140 million refinancing for GreenStreet, an urban mixed-use office and retail asset totaling 617,000 square feet.
The space will include The Residences at The Allen and Lifestyle Pavilion, Thompson Hotel, a fitness club, two restaurants, retail spaces and an office building between downtown, Galleria/Uptown area, Midtown and the Texas Medical Center.
Competentia has signed a lease agreement at West Memorial Place and plans to relocate its Houston office to the second floor of West Memorial Place I in early 2020.
In Dallas, a 626-square-foot apartment can be had for $1,500 this year, which is 255 square feet less than in 2014 (at 881 square feet), making it the most affordable US city for renters.
The Argyle League is not a traditional barbershop but an experience that looks to elevate men's grooming in order to appeal to executives and upscale clientele frequenting the central business district.
Two multifamily acquisitions raise American Landmark's portfolio of properties in Texas to 38, with 14 properties in Houston and approximately 31,000 apartments throughout the Southeast and Texas.
Alexan Enclave, a 354-unit class-A multifamily community located in West Houston's Energy Corridor, has sold to F&B Capital, which purchased the offering free and clear of existing financing.
While there is still a significant amount of new office space available, discussions surrounding hiring in West Houston upstream operations have been welcomed as one-third of energy jobs have returned.