Industrial deals flourish near Port of Houston

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Colliers International signed a long-term renovation and extension of 36,954 square feet at Park Towers at 1233 W. Loop S. Doug Little, David Baker, Kelly Gault and Jack Scharnberg of Transwestern Real Estate Services represented Regent Properties. Jay Kyle of Colliers represented the tenant. Recent leases for the 44,000 square feet of Park Towers include: Woodforest Bank, Clarkson Platou Shipping Services, iHeart Media as well as Ortek Consulting… Regent made a deal with Starbucks Coffee develop a vehicle access system on campus at Post Oak Boulevard and Post Oak Park Drive.

Branches Lexington realty trust acquired a fully leased industrial complex of three buildings with a total area of ​​738,701 square feet near the Port of Houston from Triten Real Estate Partners. The seller was represented by Trent Agnew, Rusty Tamlin, Charles Strauss and Catherine Miller. Completed in 2019, the 44.6-acre portfolio consists of the Bayport North I Logistics Center, at 9701 New Decade, and the Bayport North Logistics Center II, at 4100 Malone in Pasadena, and the Underwood Port Logistics Center, at 4660 Underwood in Deer Park. The single-family houses house the trucking and logistics companies.

Goods to order rented a 353,600 square foot building at 9431 Bay Area Blvd. in the Bay Area Business Park to enter Houston. Justin Robinson and Woody Hillier of Stream Realty Partners represented the landlord, major real estate investors. Barry Hill and Doug Nicholson of Newmark represented the tenant. The project is located close to the Bayport and Barbours Cut shipping terminals in the Port of Houston.

CBRE received the exclusive lease and management of the 2.3 million square feet Four Oaks Place office complex of five buildings on Post Oaks Boulevard north of the Gallery. Russell Hodges, Bubba Harkins, Kristen Rabelle and Jenny Mueller of CBRE will represent the owner, a joint venture between Nuveen Real Estate and Allianz. The complex was designed by the architect Cesar Pelli and designed by Giorgio Borlenghi of Interfin in the 1980s. Amenities include meeting rooms, a fitness center with personal training, group classes and massages, a shared tenant lounge, a gourmet coffee shop, dry cleaning and car wash services.

Consolidated Electrical Distributors rented 49,350 square feet at 500 Morris Oliver Way at the Cane Island Business Center in Cathy. John Stavinoha and Steve Hazel of InSite Realty Partners represented the landlord, Cane Island Industrial LLC. Mike Spears and Mason Olsbrooks of Lee & Associates represented the tenant.

katherine.feser@chron.com

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