CBRE

Houston, TX - May 5, 2010 - (RealEstateRama) -- Compucom, an IT outsourcing company that provides infrastructure management services, application services, systems integration and consulting services, as well as the procurement and management of hardware and software, has leased 16,168 square feet of office space at Southwest Corporate Center.

Los Angeles, CA - February 17, 2010 - (RealEstateRama) -- The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group, Inc. (CBRE) to The 2010 Global Outsourcing 100 for the fourth straight year. The list recognizes the world's best outsourcing service providers across all industries, and is based on applications received and evaluated by an independent panel of judges organized by IAOP.

Lufkin Automation buys 6.2 acres for future 40,000 SF headquarters. Houston, TX - November 16, 2009 - (RealEstateRama) -- November 16, 2009 - Lufkin Automation, a provider of engineered products and services to oil and gas producers, has purchased a 6.2 acre land site within Lakeview Business Park. This marks the first land sale closed in the newly developed business park, which is located Missouri City, Texas, in Fort Bend County.

Houston, TX - October 7, 2009 - (RealEstateRama) -- The Radisson Denver North, Colorado, Texas has been sold. Lisa Hankamer of CB Richard Ellis' Hotels Group, announced that the sale of the 133-unit, interior corridor property occurred at the end of September 2009. The Hotel, which is a local landmark, has great visibility along I-25, just 10 minutes north of Downtown Denver and was sold free-and-clear of management and franchise affiliation. The new owners, Stone Castle Corporation, has over 20 year's experience operating hotels in the state of Colorado and have a proven track record for repositioning hotels within their respective market arenas. Approximately $6 million will be spent on upgrading the facility and rebranding. The group has a history operating under most of the major brands and has been quite successful in capturing a broader market base through their repositioning.

Houston, TX - August 17, 2009 - (RealEstateRama) -- Tax Masters, Inc. has signed a deal to relocate its office from 900 Town and Country Lane to 2020 Dairy Ashford, part of a two building complex located on Dairy Ashford, just north of Westheimer Road in west Houston. The Houston-based, IRS tax relief representation firm leased the entire six story building totaling 107,890 square feet.

Houston, TX - July 15, 2009 - (RealEstateRama) — GlennLock's Sports Bar and Grill by Aaron Glenn, has signed a lease for 5,487 square feet of space at the 15-acre Renaissance at Greenspoint project, which is the first phase of the re-development of Greenspoint Mall by the Triyar Cannon Group. GlennLock's will be the premier sports bar and grill concept in the $32 million project slated to open in the Spring of 2010.

Houston, TX - July 7, 2009 - (RealEstateRama) — Houston incurred 720,000 square feet of negative absorption in the second quarter of 2009, according to CB Richard Ellis' Houston research group. The loss nearly doubles the city's first quarter loss, signifying that even Houston's strong market is no match for the country's current economic situation

CB Richard Ellis Releases Second Quarter '09 Industrial Report. Houston, Texas - July 7, 2009 - (RealEstateRama) — According to CB Richard Ellis, the Houston industrial market remains stable. Absorption in the first quarter posted 207,123 square feet, ushering the mid-year absorption to a negative 118,827 square feet. While 888,505 square feet of new construction was delivered in the second quarter and, 3.4 million square feet are currently under construction, financial constraints continue to leave developers digging for capital to complete multi-tenant speculative properties.

Houston, TX - June 12, 2009 - (RealEstateRama) — The Goodyear Tire & Rubber Company, one of the world's largest tire companies, has signed a new 17,658 square foot lease at the Hammerly Business Park. This marks the first tenant to sign-on at the new 140,000 square foot office/distribution warehouse, which is located at 1811 Brittmoore Road in northwest Houston, just off Beltway 8 and Interstate 10. The recently constructed facility is a development of Clay Development and Construction and is a deed-restricted park with regional detention and professional management.

Houston, TX - June 10, 2009 - (RealEstateRama) — JT Parker Claims, a multi-line independent adjusting and claims management company, has expanded its office lease at Ashford Crossing II with an additional 3,238 square feet. The six-story, 161,213 square foot building is located at 1880 Dairy Ashford in southwest Houston. Matt Dunn of CB Richard Ellis represented the landlord, Enterprise Development Company, in the transaction.