Colliers closed the sale of the 81,500-square-foot industrial park at 6002 W 34th St. in Houston. The seller, represented by Jason Tangen and Paul Dominique of Colliers, was a local family that owned and operated the park since its original construction. The property is comprised of six buildings totaling 81,500 square feet on 3.84 acres. This multi-tenant industrial park […]
CRE News
Colliers brokers sale of 81,500-square-foot industrial park in Houston
With consumer spending up and savings down, workers turn to part-time employment and second jobs for relief
Many economic reports in March came in stronger than expected, justifying the Fed’s current stance of being patient in making the decision to lower interest rates. Despite the downward trend in inflation readings since June 2022, the “last mile” in getting inflation down to the Fed’s 2% target is proving to be more challenging. The […]
Newcor Development nearing completion of tilt-wall industrial development in Tomball
Newcor Development is nearing completion and delivery of a single-tenant building on one of the last remaining sites in the Tomball Business and Technology Park in Tomball, Texas. The tilt-wall building consists of 27,375 square feet on a 2.4-acre site. The spec building has 30-foot clear height, ESFR sprinklers, two dock-high doors and one oversized grade-level […]
CapRock Partners acquires 396,750-square-foot distribution center in Mesquite
CapRock Partners recently acquired Peachtree Distribution Center, a 396,750-square-foot, 100% leased, Class-A industrial asset in Mesquite, Texas. The warehouse property is within a preferred distribution business center in Dallas-Fort Worth’s East Dallas/Mesquite industrial submarket. CapRock purchased the distribution facility from a Dallas-based investor-developer. Terms of the deal are not disclosed. Peachtree Distribution Center is located at 510 […]
Networking
Colliers hires vice president in Austin office
Colliers added vice president Stuart Baker as an office and industrial occupier services and investments sales broker in its Austin, Texas, office. He brings over a decade’s worth of commercial real estate experience in Central Texas to Colliers. Prior to joining Colliers, Baker held positions at international and local firms, including Newmark, Elevate Growth Partners and […]
BKV Group adds director of interior design to Dallas office
BKV Group, a multidisciplinary design firm, hired Melanie N. Hanna as director of interior design and senior associate in the company’s Dallas practice site. In this role, Hanna will support the firm’s continued growth, with a concentration in the corporate and hospitality sectors both in the Dallas-Fort Worth area and across the Sun Belt, partnering with […]
JLL adds managing director for North Texas retail group
JLL has appointed of Michael Wheat as managing director of the North Texas retail group, marking a significant step in the expansion of retail services across Dallas-Fort Worth. With over 25 years of real estate experience, Wheat brings a wealth of knowledge to drive growth in the Dallas retail market, focusing on landlord and tenant representation. […]
KAI adds engineering design manager in Dallas-Fort Worth office
KAI has hired Lydie Mizele as Engineering Design Manager in the Engineering Group at its Dallas-Fort Worth, Texas, office. Mizele has more than 14 years of industry experience in all aspects of mechanical, electrical, plumbing, fire protection and energy calculation design. Her extensive portfolio includes retail, hospitality, education, healthcare, government and renovation projects, including the $3 […]
SRS Real Estate Partners adds senior vice president to Dallas-Fort Worth office
SRS Real Estate Partners has added Rose Meza to its Dallas-Fort Worth office as a senior vice president focused on retail landlord and tenant representation. Meza brings more than a decade of real estate experience, including working with retail tenants as well as national and regional owners, such as Washington Prime, Lionstone Investments, The Stainback Group […]