Boutique commercial real estate firm, 713CRE, has closed three transactions in the Houston area. The deals include two new leases and one sale. Envision Title Co. has leased 3,369 square feet of office space in The Cimarron Building, 1331 Gemini Avenue, Clear Lake, Texas. Ronnie L. Miranda of 713CRE represented the landlord, Joya Investments, and Coy Davidson of Colliers International represented the tenant. Little Darlings Day Care LLC has leased 2,310 square feet of office space at 4560 FM 1960 in Houston. Ronnie L. Miranda of 713CRE represented the landlord, USA Precision Group USA, in the direct deal. Salon Naturale LLC has purchased a 0.6-acre development site at 2924 W. Walker Street, League City, Texas. Ronnie L. Miranda of 713CRE represented the seller, JMK5 Holdings, and Erica Nava of JEA Properties represented the buyer.

Washington, DC – Waller County Economic Development Partnership (WCEDP) won a Bronze Rank award for its Ross Distribution Center, a project in the category of Public-Private Partnerships of the International Economic Development Council (IEDC). The honor was presented at an awards ceremony during the IEDC Annual Conference on October 15. “The new Ross distribution center stands as a great example of public and private entities working together for the common good. We want to thank Ross for selecting Waller County and for committing to help improve the road infrastructure in the area. Further, we also want to thank Waller County Road Improvement District #1 for working with Ross to structure a road agreement and for providing additional incentives to help attract the project”, stated Waller County Judge, Carbett “Trey” J. Duhon. IEDC’s Excellence in Economic Development Awards recognize the world’s best economic development programs, partnerships, and the year’s most influential leaders. IEDC received over 500 submissions from 4 countries. 35 award categories honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities. Awards are judged by a diverse panel of economic and community developers from around the world, following a nomination process held earlier this year. This winning project is a new ~1.8-2M square foot distribution center for Ross Stores, Inc. Ross is an S&P 500, Fortune 500, and Nasdaq 100 company that specializes in affordable clothing and household goods. This new distribution facility is their first in Texas and will make them the largest private-sector employer in Waller County with an estimated 1300 new full-time jobs. Vince Yokom, Executive Director for the WCEDP added; “I want to thank the IEDC for this great honor and to Ross for selecting our community for their new home in Texas. Being recognized as one of the best in the world by the best in the world is truly humbling.” “The winners of IEDC’s Excellence in Economic Development awards represent the very best of economic development and exemplify the ingenuity, integrity, and leadership that our profession strives for each and every day”, said 2020 IEDC Board Chair and One Columbus CEO Kenny McDonald. “We’re honored to recognize the more than 100 communities whose marketing campaigns, projects and partnerships have measurably improved regional quality of life.”

About the International Economic Development Council
The International Economic Development Council (IEDC) is a non-profit, non-partisan membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. Learn more at iedconline.org.

About the Waller County Economic Development Partnership
Waller County Economic Development Partnership is a Texas non-profit, 501 (C) 6 corporation formed in 2002. The WCEDP is organized to operate a charitable service center to foster increased, environmentally-balanced business commerce, positive growth, and overall cooperation and coordination for all communities throughout Waller County, Texas. You can learn more at www.wallercounty.org/about.php. Waller County Economic Development Partnership is a Texas non-profit, 501 (C) 6 corporation formed in 2002. The WCEDP is organized to operate a charitable service center to foster increased, environmentally-balanced business commerce, positive growth, and overall cooperation and coordination for all communities throughout Waller County, Texas. You can learn more at www.wallercounty.org/about.php.

Abid Turk leased 2,545SF at 6 Uvalde in Houston, TX for 5 years. Julian Kwok represented the landlord, Hartman Income REIT.

Stream Realty Partners recently facilitated five industrial leases in the Houston metro. Purchase Green leased 10,800 square feet at Long Point Business Center, 6600 Long Point Road in Houston. James Mashni and Patrick Mckiernan with First Houston Properties represented the tenant. Garret Geaccone and Boone Smith with Stream Realty Partners represented the landlord, Agellan Commercial REIT. Kuubix Energy leased 7,670 square feet at Corporate Park, 12603 Executive Drive in Stafford, Texas. Brandi Downey with DiverseCity Realty represented the tenant. Garret Geaccone and Boone Smith with Stream Realty Partners represented the landlord, Alpha Industrial Properties. Zeno Truck Parts signed a lease of 5,821 square feet at Greenbriar Business Park, 4007 Greenbriar in Stafford. Dylan Stiteler with Oxford Partners represented the tenant. Garret Geaccone and Boone Smith with Stream Realty Partners represented the landlord, DRA Advisors. R. Stahl, Inc. renewed its lease of 70,280 square feet at Freeport Business Center, 13259 N Promenade Boulevard in Stafford. Bob Berry with Savills represented the tenant. Jeremy Lumbreras and Boone Smith with Stream Realty Partners represented the Landlord, DRA Advisors. Nice Moves renewed and expanded its lease of 22,500 square feet at Long Point Business Center, 6600 Long Point Road, Houston. Hunter Johnston with Bridge Commercial Real Estate represented the tenant. Boone Smith and Garret Geaccone represented the landlord, Agellan Commercial REIT.

CBRE arranged two leases totaling more than 14,000 square feet at 1000 Louisiana in Houston. The two tenants, DLR Group and BVA Group will take 9,014 and 5,467 square feet, respectively, as part of their relocations. CBRE’s Marilyn Guion and Warren Savery are the exclusive leasing agents for 1000 Louisiana. Charles Daggett, Drew Morris, and Lizzie Prochazka with Savills represented DLR Group in the transaction. Bryant Lach with JLL represented BVA Group. DLR Group, an integrated design firm providing architecture, engineering, planning, and interior design from offices around the globe, will relocate from 919 Milam. BVA Group, litigation, valuation, and financial advisory firm, is relocating within the building and extending their term. “We have continued to see good leasing activity, comparative to the market, at 1000 Louisiana. I believe a big reason for this is the commitment the landlord has made to maintaining amenities and services for their clients. For example, when Adair Downtown opened in January, we knew it would be a special amenity for tenants and in the current environment that expectation was well surpassed,” said Guion. “They have remained open, offering tenants to-go and in-person dining, showing our commitment to the tenants of 1000 Louisiana.” A recent CBRE survey of 32 companies across 18 countries found the increase in remote work will certainly have an impact on office utilization, but it will not mean an end to the office, rather, a fresh start. The office of the future may be modified to support impromptu collaboration, creative ideation, and social connections that are best served in person. With a renewed focus on the quality of both the workplace experience and design, it is clear the role of the office as a destination for employees is still important for companies to maintain.