RealEstateRama Authors Posts by CBRE
CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.
Houston, TX - February 22, 2012 - (RealEstateRama) -- CBRE Capital Markets in Miami partnered with Dallas to arrange $20.6 million in acquisition financing for 2200 West Loop South in Houston, Texas. CBRE Vice Chairman Charles Foschini in Miami was joined by Senior Vice President Greg Greene in representing the borrower, Parmenter Realty Partners. The loan closed less than 30 days from the date of application, beginning January 5th and closing January 31st. Terms of the loan are confidential.
Houston, TX - February 6, 2012 - (RealEstateRama) -- CBRE Group, Inc. (NYSE:CBG) today announced that it has been selected by J.P. Morgan Asset Management, acting on behalf of institutional investors it advises, to provide property management and leasing services for Houston Center—a property that includes four Class A buildings, encompassing approximately 4.2 million sq. ft. of retail and office space. Houston Center is located in the vibrant east side of downtown Houston and consists of 1 Houston Center, 2 Houston Center, 4 Houston Center, Fullbright Tower and The Shops at Houston Center.
Houston, TX - October 19, 2010 - (RealEstateRama) -- CB Richard Ellis announced today that William McDade, Kristen McDade, Peter Mainguy and Carson Underwood, formerly of McDade, Smith, Gould, Johnston, Mason (MSGJM), will join commercial real estate firm CB Richard Ellis later this year. MSGJM recently announce plans to dissolve the 20-year-old Houston-based real estate brokerage firm.
Houston, TX - October 19, 2010 - (RealEstateRama) -- Chipotle Mexican Grill has signed a new lease for 2,397 sq. ft. at The Crossing at 518, which is located in Pearland, Texas. Matt Keener, Russell Janicek and Mark Raines of CB Richard Ellis represented the tenant in this transaction. James Namken and Randy Hopper of the Weitzman Group represented the Landlord.
Houston, TX - October 5, 2010 - (RealEstateRama) -- CB Richard Ellis has assisted in a 51,147 sq. ft. retail lease renewal to The RoomStore, which is situated in The Commons at Willowbrook retail shopping center and is located at 7690 FM 1960 Road in northwest Houston. Matt Keener, Alex Makris, Jazz Hamilton and Andrew Kelson of CB Richard Ellis represented the landlord, The Commons at Willowbrook, Inc., in this transaction
Houston, TX - September 30, 2010 - (RealEstateRama) -- CB Richard Ellis and Brookfield Real Estate Opportunity Fund (BREOF) are please to announce the execution of eight, multi-tenant office lease deals at 712 Main Street, a 792,000 square foot office building located in Houston’s Central Business District.
Houston, TX - September 27, 2010 - (RealEstateRama) -- CB Richard Ellis has closed on two office leases at Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston's Galleria/Uptown area. Both leases combined total 12,631 sq. ft. and include a 6,662 sq. ft. new lease to Dahill and a 5,969 sq. ft. new lease for the Houston offices of Neptune Holdings. The 17-story Class A tower is situated on 28-acres with a four-acre lake and is part of a 3-building complex.
Houston, TX - September 24, 2010 - (RealEstateRama) -- CB Richard Ellis is pleased to announce that East Belt Business Park is now 100% leased. The 350,000 sq. ft., four-building complex is a development of Trammell Crow Company and Morgan Stanley Prime Property Fund. The speculative project was constructed in two-phases, with the second phase completed in 2008. The Class A warehouse/distribution park is situated near the Port of Houston along the East Sam Houston Parkway South in Pasadena, Texas.
Houston, TX - September 22, 2010 - (RealEstateRama) -- CB Richard Ellis has closed on two office leases at Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston's Galleria/Uptown area. Both leases combined total 12,631 sq. ft. and include a 6,662 sq. ft. new lease to Dahill and a 5,969 sq. ft. new lease for the Houston offices of Neptune Holdings. The 17-story Class A tower is situated on 28-acres with a four-acre lake and is part of a 3-building complex
Houston, TX - September 13, 2010 - (RealEstateRama) -- Mustang Engineering, LP, has renewed a 248,872 square foot office lease at Ten West Corporate Center II, which is located at 17404 Katy Freeway in Houston’s Energy Corridor. Steve Hesse and Sanford Criner of CB Richard Ellis represented Mustang in this transaction. A private real estate fund is the landlord of the property and was represented by Joel DeSpain of Joel DeSpain Commercial Real Estate Services, LCC
Houston, TX - September 8, 2010 - (RealEstateRama) -- CB Richard Ellis has announced that it will partner with HomeAid Houston to provide housing for the homeless in Houston during its September 2010 “Get Out and Give Back” BuildMonth through CBRE Cares, the company’s national corporate philanthropy program. More than 20 CBRE offices will participate in rebuilding projects during this month of giving back, which will benefit local communities in partnership with HomeAid and Rebuilding Together, CBRE Shelter Program charitable partners, as well as Habitat for Humanity.
Houston, TX - August 24, 2010 - (RealEstateRama) -- Houston-based Argus Software, Inc. has renewed a 13,635 square foot office lease at The Lakes on Post Oak, located at 3050 Post Oak Boulevard in Houston's Galleria/Uptown area. In addition, Sudhoff Properties of Houston, Inc. has signed a new lease of 4,216 square feet at the same building.
Houston, TX - August 5, 2010 - (RealEstateRama) -- ATP Oil & Gas Corporation (NASDAQ: ATPG) has renewed its office lease of 29,348 square feet at 4600 Post Oak Place, which is situated just one mile from Houston's Galleria Shopping Center.
Houston, TX - July 20, 2010 - (RealEstateRama) -- Merlin Law Group, P. A. has leased 3,787 square feet of office space at Three Riverway, which is located in Houston's Galleria/Uptown area. The law firm represents Texan property owners in disputes with their insurance providers over claims against their property insurance policies. Merlin Law Group originally leased 1,959 square feet in the same building, but with the growth of its business, especially with Hurricane Ike and Dolly claims, the law firm needed to acquire more space to accommodate its growing staff. In addition, the management consulting and professional recruiting firm of Hunt, Patton & Brazeal, has signed a renewal of 3,805 square feet at the same building.
Houston, TX - June 24, 2010 - (RealEstateRama) -- DGM USA Houston, part of a global network that specializes in the classification, packing, documentation, training and consultation of services related to the safe and secure transport of dangerous good, has announced plans to build a new warehouse/distribution facility. The 68,000+ square foot facility will be constructed by Urban Construction Southwest, Inc. on a 6.5-acre tract located in north Houston at 1813 Greens Road
Houston, TX - June 23, 2010 - (RealEstateRama) -- Ross Dress for Less has renewed its lease of 33,600 square feet at The Village of West Oaks, which is located at 2400 South Highway 6 in southwest Houston. In addition, Souper Salad has also renewed a lease of 4,500 square feet at the same location. Matt Keener, Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, in both transactions
Irving, TX - June 16, 2010 - (RealEstateRama) -- The Days Inn & Suites DFW North, Irving Texas has been sold. Bert Stevens of CB Richard Ellis’ Hotels Group, announced that the sale of the 134-unit, rooms-and-suites hotel property occurred mid-May of this year. The Hotel, built in 1983, was marketed at a price of $4.3M, or approximately $32,000 per unit. Its proximity to Dallas/Fort Worth International Airport (DFW) as well as the multiple business and corporate demand generators in the area helped to generate interest on a national level from a large investor base. The new owners, Ambe Hotels, will retain the Days Inn & Suites flag and will spend over $750,000 in upgrades and renovations that will provide opportunities for an increased market share
Los Angeles, CA - May 19, 2010 - Nearly 70% of U.S. retailers believe that the overall economy is improving, and 92% are planning to increase store openings, according to a new survey released by CB Richard Ellis Group, Inc.(CBRE). The report, "Shop Talk - A Retailer's Perspective", also finds that despite an improving economy, nearly all the retail executives surveyed believe that retail rents will either fall or remain flat throughout the rest of 2010
Houston, TX - May 18, 2010 - (RealEstateRama) -- Smile Design Studios has leased 1,750 square feet at Colony Lakes Shopping Center, which is located at 6130 Highway 6 South in Missouri City. Russell Janicek, Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, Colony Lakes Center, Ltd, in the transaction. Susan J. Rinyu of Susan J. Rinyu Interest represented the tenant.
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