Real estate transactions: Manufacturers set up shop in new north Houston project
Two tenants signed U.S. headquarters leases at Interwood Distribution Center, a 341,692-square-foot development by Holt Lunsford Commercial Investments and GID Real Estate Investments at the northeast corner of John F. Kennedy Boulevard and Interwood South Parkway in north Houston. GCP Paper USA leased building two, totaling 235,845 square feet, for its first manufacturing and distribution center in the U.S. Tailift Material Handling USA, a subsidiary of Toyota specializing in small industrial vehicles, leased 37,502 square feet in Building 1. Eric Hughes of Centermark Commercial Real Estate represented GCP Paper, while Craig Bean and John Kruse of Holt Lunsford represented the landlord. Completed in December, the distribution center is now 80 percent leased.
Sparq1200, a graphics and specialty fabricator company, leased a 23,430-square-foot warehouse on 1.6 acres at 515 Milwee St. in northwest Houston for its headquarters. Greg Shaw with Shaw Commercial Properties represented the tenant. Doc Perrier of Finial Group represented the landlord, FP-Gimel TX.
Chicago Pacific Founders purchased the Shores at Clear Lake, a 100-unit senior living community at 19400 Space Center Blvd. Charley Bissell and Brian Carlton of JLL represented the seller, Meridian Realty Advisors. Allison Holland of JLL arranged acquisition financing.
Foxconn Assembly leased 200,200 square feet at the Sam Houston Distribution Center, at 9625 Fallbrook Pines. Brian Gammill, Darryl Noon, Jude Filippone and Carter Thurmond of Transwestern represented the landlord.
Kelsey-Seybold Clinic leased 22,000 square feet at 1900 N. Loop West from Welltower Inc. for a location serving residents of the Greater Heights. Powers Brown Architecture designed the clinic, which will be built out by Gamma Construction on the entire fourth floor. Opening is planned in November. The company’s name will be added to the top of the building.
Banta Corp. renewed and expanded its lease for 201,600 square feet at West by Northwest, at 6315 West by Northwest Blvd. Brian Gammill and Darryl Noon of Transwestern represented the landlord.
Houston-based Lēva Living purchased 16 acres on the east side of West Lake Houston Parkway, south of Atascocita Park, in Humble for a 160-unit single-family rental home development. Tommy LeBlanc and John-Michael Kamel of Avison Young represented the sellers, two local private individuals. Ryan Campbell Anderson of Orr Commercial represented the buyer.
Silver Spring Home Healthcare leased 3,501 square feet at Havenwood Office Park, at 25700 Interstate 45 North in The Woodlands area. Abim Jones with Realty Associates represented the tenant. Lisa Hughes of J. Beard Real Estate Co. represented the landlord, Havenwood Land Developments.
Signorelli Co. opened the 100,000-square-foot Valley Ranch Self Storage at 21910 Valley Ranch Crossing Drive in Porter. Jenkins Organization operates the property
Tamia Durden expanded into 2,659 square feet at 6959 Harwin. Wil Logan represented the landlord, Hartman Income REIT.
Chicago-based Brennan Investment Group acquired a 123,800-square-foot portfolio consisting of seven buildings across northwest, southeast and north Houston. Brennan owns 3 million square feet of space in Texas.
Dynamite Investments acquired a 0.95-acre site in Grand Center at Long Meadow Farm, at the Grand Parkway and West Bellfort Street, Richmond, as the site of a 6,500-square-foot medical office building. Ashley Strickland of NewQuest Properties represented the seller, POG Kosmos LMC 2 LP.
Packaderm leased 14,560 square feet at North Freeway Business Center, at 4555 Airline Drive. Heath Donica of Stream Realty Partners represented the tenant. Darryl Noon of Transwestern represented the landlord, St. Paul Fire and Marine Insurance Co.