This Week's Houston Deal Sheet
EXECS
Richard Barbles joined Stream as VP of office leasing over its 11M SF leasing/management portfolio. He previously directed leasing at Colvill, where he was responsible for a 3M SF Class-A office portfolio.
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James Tainter was named managing director of NAI Partners’ new property services division, which is a combo of property management, construction management, project services and office/industrial leasing.
SALES
A Houston-based investor purchased the 53k SF office building at 2411 Fountain View Dr. Marcus & Millichap’s Keith Lloyd listed the asset; colleagues Justin Miller and Derek Hargrove repped the buyer.
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Texas Lonestar Development purchased a 50k SF facility at 335 and 369 Tristar Dr. Lee & Associates’ Justin Tunnell and Thomas Leger repped seller Schlumberger.
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Mac Haik Automotive Group purchased the AC Collins Ford dealership/facilities in Pasadena.
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Hightower Investments purchased 10.3 acres on Cherry Street in Tomball. Lee & Associates’ Robert McGee, Thomas Leger and Chase Cribbs repped the buyer. Ace Division’s Michael Jaeliff repped the seller, Tracy and Lee Lawrence Family LP.
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Ping Realty One purchased a 16k SF facility at 5256 Brittmoore Rd. Lee & Associates’ Preston Yaggi and Stephen Kuper repped seller CJC Real Properties.
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An undisclosed buyer purchased Centre at Wallisville, a 19k SF retail property at 15119 Wallisville Rd. Marcus & Millichap’s Matthew Mignerey and Derek Hargrove listed it at $6.7M.
LEASES
River Oaks District inked new tenants: NARS Cosmetics, Roberta Roller Rabbit, St. Bernard and SumoMaya Mexican-Asian Kitchen.
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HFF’s Cortney Cole secured acquisition financing for Haven at Westgreen, a newly built, 225-unit Class-A apartment community in Katy. Cortney’s team repped a JV of CAF Capital Partners, The Rainier Cos and an unnamed party to place the three-year, floating-rate bridge loan with PCCP.
THIS AND THAT
Jason Tramonte Jr. and Kristen Johnson are opening Tramonte + Johnson, an architectural, planning and interior design services firm. Jason’s portfolio includes Nabors Industries – Odessa and Saudi Arabia Campus, Friedkin Cos’ corporate office and Texas Women’s University School of Nursing, Houston. Kristen has done more than 1M SF of interiors projects, including with Kayne Anderson Capital Advisors, Friedkin Cos, NetIQ and Memorial Hermann.
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HITT Contracting acquired Trademark Construction. The new 55-employee office will operate as Trademark HITT in Houston and will be led by Chris Hines.
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Houston-based Coats Rose Yale Ryman & Lee merged with Wright Ginsberg Brusilow, increasing its staff by 23%. In the merger, it’s shortening its name to Coats Rose.
