JLL Capital Markets provides financing for 840-unit self-storage facility in Texas

JLL Capital Markets has arranged financing for Anna Self Storage, an 840-unit self-storage facility in Anna, Texas. JLL worked on behalf of the borrower, HPI Real Estate, to secure the five-year, floating-rate acquisition loan with Security National Bank. Anna Self Storage is located at the intersection of Ferguson Parkway and Highway 455 in the heart of […]

M2G Ventures, Pennybacker sells 250,000-square-foot PROTO Park in Dallas

M2G Ventures and Pennybacker sold the more than 250,000-square-foot PROTO Park industrial project at 3200 Irving Blvd. in Dallas to Irvine, California-based Bendetti for an undisclosed amount. The joint venture acquired PROTO Park in September 2020 and completed the redevelopment of the project in the fourth quarter of 2021. It transformed from a 1960s brick warehouse into a premier project of choice […]

Tigerhawk Logistics expands presence in Houston’s Portside Logistics Center

Stream Realty Partners announced the expansion and relocation of Tigerhawk Logistics, a Houston-based logistics company within Portside Logistics Center, an industrial development in the highly sought-after Southeast Houston industrial submarket. Tigerhawk Logistics has substantially expanded its presence within the logistics center, more than doubling its space from 135,285 square feet in Building 2 to an impressive […]

When will the industrial market’s vacancy rates stop rising? Colliers research suggest that time might be coming soon

Why is the U.S. industrial vacancy rate rising? Research from Colliers suggests a simple reason: The number of new industrial facilities delivered by developers continues to outpace the demand from tenants for new warehouse and manufacturing space. That’s the takeaway from Colliers’ first-quarter national U.S. industrial report released last month. But there is good news in the […]

Dana Pool hired at Scott + Reid General Contractors, Inc.

Scott + Reid is pleased to announce the addition of Dana Pool as Director of Marketing. Dana is a high performing leader with a proven track record of delivering top-line growth and team development. With an extensive history of success in sales and revenue increase in the communications sector, she will bring a unique perspective […]

Beth Lambert hired at Foundry Commercial

Beth Lambert joins Foundry Commercial as Executive Vice President, bringing extensive experience in investment sales, debt origination/structuring, and equity raising to serve clients across various asset classes. Her role will crossover Foundry’s Investment Advisory as well as Debt & Structured Finance platforms, offering real-time solutions in response to market fluctuations. Her experience spans all facets […]

Trent Perez, PE hired at Dunaway | PRD

Dunaway is pleased to announce Trent Perez, PE, as the newest addition to our Houston team. Through the acquisition of PRD Land Development Services, LLC, Trent joins Dunaway as a Principal, bringing over twenty-five years of engineering experience. As a Principal at Dunaway, Trent will lead strategic initiatives and business development efforts in the Gulf […]

Marvalette Hunter hired at Baker Tilly

Marvalette joined Baker Tilly’s public sector advisory practice with a diverse background in architecture, urban design and real estate development. As the former Chief of Staff for Houston Mayor Sylvester Turner, she was instrumental in shaping the city’s policies and strategies. She led significant housing initiatives as the Chief Development Director of the Harris County […]

CBRE names U.S. industrial sector leader for valuation and advisory services

CBRE has appointed Tom Kim as the new U.S. Industrial sector leader for Valuation & Advisory Services (VAS). In this strategic role, Kim will work closely with VAS leadership and regional teams to drive growth initiatives nationwide in the industrial real estate sector. He will also play a key part in developing CBRE’s Industrial offering in […]