Friedman Real Estate Secures Lease with Evins Group, LLC in Houston

Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently leased the 1,100-square-foot retail space in the Alamo Plaza on Dacoma Street in Houston.

With 55 years of staffing industry experience, Evins Group, LLC delivers HR innovation, recruitment, and staffing solutions that enhance workforce planning strategies.

Friedman’s Larson Riff and Nick Jasien advised the landlord in the transaction.

Colliers Mortgage Closes $4.5M HUD Loan for Avanti at Greenwood in Corpus Christi, Texas

Jeff Rogers of the Fort Worth office of Colliers Mortgage closed a $4.5 million HUD loan for the refinance of Avanti at Greenwood in Corpus Christi. The project is an 81-unit broadly affordable multifamily property. The property currently has eight units restricted to individuals or families earning 30% or less of area median income, 15 units restricted to individuals or families earning 50% or less of area median income, and 50 units restricted to individuals or families earning 60% or less of area median income. The remaining eight units at the property are market rate units.

As part of the transaction, the borrower was able to pay off their construction loan and put long term HUD financing on the property.

The loan carries a 35-year term/amortization and was arranged for borrower, Avanti at Greenwood, LP.

Phaidon International Dallas Office Relocates to The Centrum in Oak Lawn

Cushman & Wakefield announced today the commercial real estate services firm has arranged a new 26,687-square-foot office lease in the Oak Lawn area on behalf of global talent partner Phaidon International.

Travis Boothe, Robbie Baty, and Hannah Henley of Cushman & Wakefield represented Phaidon International in the lease negotiation. Addie Ludwig with Cawley Partners represented the landlord, Oak Tree Capital and Cawley Partners.

Located at 3102 Oak Lawn Ave., the new Dallas office sits within The Centrum near Turtle Creek Park. The move comes following Phaidon International’s rapid growth within the DFW market. The new office will be able to accommodate in excess of 250 full time employees.

The Centrum features a 15,000-square-foot courtyard, a roof top deck, tenant lounge, conference center, fitness center, and street level restaurants. The mixed-use property also includes 10 stories of office space and eight stories of condominium space. The Centrum is more than just an office building, it’s a lively community workspace with ample areas for collaboration and innovation.

Friedman Real Estate Secures Lease with Advance Therapy in Richmond

Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently leased the 1,512-square-foot retail space located in Richmond, Texas.

Advance Therapy offers a variety of treatments for different kinds of pain and injuries. They specialize in multiple neurological and musculoskeletal conditions.

Friedman’s Larson Riff advised the tenant in the transaction.

Cushman & Wakefield Advises Sale of Houston Retail and Office Property

Cushman & Wakefield announced the firm represented an undisclosed buyer in the purchase of a freestanding retail and office property located at 3275 West Alabama St. in Houston. The property totals 7,225 square feet and 17,472 square feet of land.

Located in Houston’s River Oaks neighborhood, the property sits east of the intersection of Alabama St. and Buffalo Speedway. The property features easy access to Highway 59 and Loop 610.

The building was owned and was sold by a physician who is retiring. Cushman & Wakefield’s Eric H. Lestin and Michael Burgower represented the buyer.

CREW Network Announces 2022 CREW Catalyst, Circle of Excellence, Distinguished Leader and Impact Award Recipients

DIANE BUTLER ACCEPTS THE CIRCLE OF EXCELLENCE AWARD

Lawrence, Kansas, USA (Sept. 28, 2022) – CREW Network recognized excellence and achievement in commercial real estate (CRE) by honoring 12 industry leaders with the organization’s Catalyst, Circle of Excellence, Distinguished Leader, and Impact awards on Sept. 22 and 23 at the 2022 CREW Network Convention in Chicago, Illinois. CREW Network’s awards program recognizes and celebrates extraordinary leadership and achievement in CRE.