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
Western Specialty Contractors names new manager of San Antonio branch
Western Specialty Contractors promoted Stephen Cordova to manager of its San Antonio, Texas, branch. As branch manager, Cordova is responsible for overseeing sales, daily operations and field personnel at the branch, plus developing new projects within the branch’s territory. Founded in 2000, the San Antonio branch offers the following services: building cleaning, concrete/masonry restoration, epoxy and […]
JLL adds managing director for Dallas, Austin and San Antonio markets
Jennifer Clendening has joined JLL as managing director, overseeing regional property management across the Dallas, Austin and San Antonio markets in Texas. In her new role, Clendening will be responsible for ensuring client satisfaction, driving growth in developing new business, cross-selling the platform through close partnerships with business line leaders and enhancing a culture of collaboration, connectivity […]
Houston’s AMB Architects names new managing principal
Houston-based AMB Architects promoted Roy Locke to managing principal. Locke’s elevation to the AMB leadership team stems from his demonstrated value to clients and leadership in firm operations. He joins firm founder Alyse Makarewicz and Managing Principal Breann Nash at the helm of firm management. Locke will lead technology adoption and integration, and he’ll have oversight of […]
SVN|J. Beard Real Estate adds chief investment officer to Houston office
SVN | J. Beard Real Estate – Greater Houston has added Marshall Davidson as chief investment officer to its commercial real estate team. As a designated Specialist in Industrial and Office Markets (SIOR) and a Certified Commercial Investment Member (CCIM), Davidson leverages over 25 years of experience in real estate strategy, acquisitions, and development. His real estate […]
Colliers names director of national office research
Colliers | U.S. has hired Marianne Skorupski as director of national office research. With a distinguished career that spans over two decades in commercial real estate research and strategy, Skorupski brings a wealth of knowledge and an innovative approach to Colliers | U.S., aimed at strengthening its research capabilities and providing cutting-edge insights into the […]