Houston CRE Deal Activity – June 29

Recent Houston CRE Transactions

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Office Market Momentum

• 811 Main Continues Leasing Momentum in downtown Houston
  ✅ Two Sigma leased 27,485 SF
  ✅ Latham & Watkins leased 26,763 SF, expanding its total footprint in the building to 103,336 SF

CBRE’s Jon Lee and Claire Douthit represented Two Sigma, while Scott Gamber and Craig Reichert, also of CBRE, represented Latham & Watkins. Eric Anderson and John Heard represented landlord BG Holdco, LLC.

“The conversion of an existing subtenant to a direct lease, alongside the expansion of a globally recognized law firm, underscores both the quality of this asset and the confidence tenants have in its ownership,” said Eric Anderson, Executive Managing Director at Transwestern Services. “We continue to see organizations make long-term commitments to premier office environments that support employee experience and operational performance.”

• Four-building office campus in northwest Houston sold
  Woodside acquired a 200,155-square-foot, four-building office campus in northwest Houston. The campus has been rebranded as Saddlebrook Place. Hiffman National is providing property and construction management.

 

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Industrial Leases and Acquisitions

• Smurfit Westrock Signs Lease at Patriot Business Park
  Smurfit Westrock leased 78,683 square feet of industrial space at Patriot Business Park in northwest Houston.

  Paul Dominique and Hayden Dominique of Colliers represented the tenant. Tyler Maner, Natalie Gilbert, and Jeremy Lumbreras of Stream Realty Partners represented the landlord.

• Stafford industrial Flex Property Sold
  Sail Holdings acquired a 63,750-square-foot industrial flex property at 13000 Murphy Road in Stafford.

  Austin Dabbs of Lee & Associates represented seller Rycore Capital LP, while Mason Alsbrooks of Lee & Associates represented the buyer.

• Gutor Electronics America Leases 90,000 SF at Houston Point 290
  Gutor Electronics America leased approximately 90,000 square feet of industrial space at Houston Point 290, located at 9210 Highway 6 North in northwest Houston.

  Robert Johnson IV and Charles Fertitta Jr. of Hughes Marino represented the tenant. The landlord, Creation, was self-represented in the transaction.

• Bleecker Partners Acquires Large Houston Industrial Portfolio
  Bleecker Partners acquired a 28-building industrial portfolio totaling approximately 880,000 square feet across the Houston market.

  The portfolio includes properties within:

  • Harwin Business Park
  • Jester Plaza
  • Northeast Trade Center
  • Wayside Business Center
  • Scranton Manufacturing and Distribution Portfolio

  The acquisition further underscores investor demand for Houston industrial assets.

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Multifamily Investment

• Harper’s Mill Apartment Community Changes Hands
  12ten Capital acquired Harper’s Mill, a 180-unit apartment community located in northwest Houston.

  Kyle Whitney, Chris Curry, Jeffrey Skipworth, Chris Young, and Joey Rippel of Berkadia represented seller Interurban Cos. Berkadia also arranged acquisition financing through Santander.

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