VERSAL closed the sale of Spartan Storage in Montgomery, Texas. Montgomery is 43 miles northwest of downtown Houston. The property has 64 units. The facility’s total square footage is 19,998 squre feet. The VERSAL team represented the buyer in thesale, Lakewood Realty Investments, LLC. Ryan Dooley of CRD Realty represented Spartan Storage, LLC, the Texas-based seller.
CRE News
VERSAL closes self-storage sale in Montgomery
Chint Power Systems leasing 76,433 square feet
JLL announced today that Chint Power Systems, a leading solar inverter manufacturer and distributor, has leased 76,433 square feet at Wylie Business Center in Wylie, Texas. With this lease signed, the Class-A, new-construction industrial facility now has 197,983 square feet available of prime industrial space for lease. JLL’s Kurt Griffin, Nathan Orbin, and Dalton Knipe represented the owners, Lovett Industrial and […]
Apricus Realty Capital acquires 8-acre industrial parcel in Houston
Dallas-based Apricus Realty Capital expanded its industrial outdoor storage portfolio with the acquisition of 9987 Wallisville Road in Houston. The 8-acre parcel provides fully secured truck parking for a freight logistics operator alongside a truck-servicing facility and office building. Acquired in a programmatic joint venture with ABR Capital, Apricus was self-represented by Managing Principal Matt Haley, Vice President […]
VTS survey: More than 80% of office landlords seeing an increase in lease renewals
A slow recovery in the office sector? It’s better than no recovery at all. That’s the takeaway from VTS’ fifth annual Global Landlord Report released in early April. And here’s the best news from the report: VTS says that more than 80% of office landlords surveyed said that they have seen an increase in lease renewals. According […]
Networking
Coldwell Banker Commercial names 2023 award recipients
Coldwell Banker Commercial®announced its 2023 award recipients across numerous Coldwell Banker Commercial company, office and affiliated professional categories at this year’s annual Global Conference held in Denver. “We’re proud to celebrate the achievements of our Coldwell Banker Commercial top award winners, these brokerage professionals and affiliates are trailblazers in the industry and it’s our brand’s […]
KAI 360 Construction Services adds senior project manager in Dallas office
KAI 360 Construction Services (360 CS) has hired industry leader Wenguel Yohannes as senior project manager at its Dallas-Fort Worth office. In her new role at KAI, Yohannes will play a pivotal role in overseeing building design and construction program management initiatives, ensuring the seamless execution of projects from inception to completion while upholding the highest […]
Greystone adds managing director in Dallas office
Greystone announced that Colin Grayson has joined the firm as a Managing Director for its lending business platforms. Drawing on his nearly 15 years of commercial real estate experience, Mr. Grayson will focus on originating multifamily debt and finance solutions, including Fannie Mae, Freddie Mac, HUD, bridge and other proprietary debt products. He is based in […]
KAI hires cultural market leader in Dallas-Fort Worth office
KAI hired architect Brien Graham as Civic, Municipal & Cultural Market Leader at its Dallas-Fort Worth, Texas, office. In his new role, Graham will lead KAI’s efforts to deliver innovative design solutions tailored to the unique needs of this market across the region, state and nationally. Additionally, he will oversee project management, channel team alignment and […]
SVN | J. Beard Real Estate welcomes Stephens and Noack
The Woodlands, Texas – Jeff Beard, CCIM, Managing Director of SVN | J. Beard Real Estate, has announced the recent addition of two Senior Advisors, Karyn Jackson Stephens and Robert Noack. A Certified Commercial Investment Member (CCIM), Karyn Jackson Stephens possesses over 25 years of experience in the commercial real estate industry. With varied experience in the sales and leasing of all asset […]