RealNex Acquires Interest in 3D Real Estate Virtual Reality Company, Pix

Stafford, Texas-based RealNex has acquired a 25 percent interest in Pix, bringing to the RealNex platform an integrated set of virtual reality solutions to more effectively market properties and accelerate sales. The Pix range of offerings includes QuickTour, a cost-efficient, high quality, web-deployed modeling capability to showcase buildings and spaces even before they are built; RealFit, a powerful real-time test-fit tool to ensure that a particular space aligns with end-user requirements and PropertyMax, a photo-realistic and fully immersive virtual model of existing or planned properties or communities. “RealNex has been working closely with Pix since its formation,” said Jeffrey Finn, CEO of RealNex. “The work the Pix team has done and the technology they have built is truly impressive. The current hyper-competitive commercial real estate environment demands more virtual capabilities and web-enabled solutions. We are thrilled to now fully integrate these types of offerings into the RealNex Navigator platform, elevating our clients’ prospects for optimal success in marketing their properties.” Pix has done extensive work for clients which include CBRE, Colliers, Exxon and Keller Williams. Pix helped a Colliers office bring a pre-construction commercial building to life allowing them to market the asset sooner and more capably by effectively enabling potential tenants to tour a not-yet-built space. By using a Pix model, another client was able to presell 95 percent of their multifamily units prior to the completion of construction. In addition to reducing transaction cycles and increasing conversion rates, models can be used throughout the lifecycle of a property to enhance design, capital raising, permit processes, simulation training and more. “For less than the cost of most renderings, Pix delivers an immersive virtual model with high-level, life-like realism. Given recent events, prospective investors and tenants, now more than ever, need a powerful capability to remotely tour spaces and advance the sales and leasing processes. We are extremely excited to align with RealNex to deliver our next-gen solutions to their vast client base,” said Pix president, Glenn Petillo. QuickTours can be sent out as links or embedded on websites to permit users to access and virtually tour spaces on their own or via a guided tour. Once within a Pix model, the user is enabled to customize a space by swapping out designs and altering color schemes, furniture and finishes. Renderings or still images are readily accessible by taking screenshots of the virtual space. With RealFit, clients can access a raw space, add walls and doors, and drop in furniture and fixtures to build their 3-D environment, ensuring it accommodates their needs. As the client is virtually “building” a space, the Pix system automatically calculates the materials budget. In addition to its photo-realism, PropertyMax provides a host of tools, such as time-of-day light displays, measuring tools, exterior views and flexible design options.

RESOLUT RE Completes Six Sale and Lease Deals Around Texas

RESOLUT RE recently completed six retail transactions throughout Texas. The deals included sales and leases in the Austin, Dallas and Houston markets. The Healthy Addiction has leased 747 square feet at The Marketplace (500 Lake Air Drive, Waco, Texas). Michael Noteboom and Jacob Nagy of RESOLUT RE represented the landlord. Hutto Liquor has leased 1,200 square feet at Hutto Plaza (FM 685 & Uvalde Drive, Hutto, Texas). Andrew Perkel and Michael Noteboom of RESOLUT RE represented the landlord. Jacob Nagy of RESOLUT RE represented the tenant. A smoke shop and check cashing store has leased 1,240 square feet at The Exchange (10205 N Lamar Boulevard, Austin). Joey Mendez and Samuel Hartley of RESOLUT RE represented the landlord. Steve Orsborn of Berkshire Hathaway HomeServices Texas Realty represented the tenant. Sugar Cookie has leased 1,857 square feet at Trinity Loft (1430 Dragon Street, Dallas). Mai Nguyen of RESOLUT RE represented the tenant. The Lash Bar has leased 1,838 square feet at Basswood Village (900 N Blue Mound Road, Saginaw, Texas). Jeff Lewin and Sam Littlejohn of RESOLUT RE represented the landlord. Salvador Manahan of Texas Connect Realty represented the tenant. An undisclosed buyer has purchased 3.88 acres at the intersection of Massey Tompkins Road and N Main Street in Baytown, Texas. Mohamed Gamal of RESOLUT RE represented the seller Kareem Gamal, president of Gamal Enterprises Inc.

Poynter Commercial Properties Announces Building Lease at Commerce Green Office

(HOUSTON) – On behalf of Commerce Green Associates L.P., Poynter Commercial Properties Corp., the leasing and property management company for the Commerce Green Office Park in Sugar Land, announced today that they have signed a 12,485 NRSF lease with Horn Solutions, Inc., at 301 Commerce Green Boulevard. Kevin Poynter and Peyton Poynter of Poynter Commercial Properties Corp. represented the building owner, in negotiations on this lease transaction. Mr. Al Gabosch, of Moody Rambin, represented the Tenant. Commerce Green Office Park is a Class “A” office park complex conveniently located directly off I-59 at the intersection of Sugarcreek Blvd and Commerce Green. The three-building office complex, set on a beautifully landscaped five-acre site, offers both single occupant buildings and a 50,000 square foot multi tenanted building. Poynter Commercial Properties Corp. is a privately-owned Houston based real estate firm specializing in Development, Owner Representation, Tenant Representation, Property Management, Spatial Assessments, Construction Management, Market Analysis, Acquisition, Disposition, Geographic & Demographic Studies, and Feasibility Analysis. To learn more about Poynter Commercial Properties Corp. visit our website at www.pcptx.com.

Stream Realty Partners Selected as Leasing Partner for Historic 405 Main St in Houston

Stream Realty Partners’ Houston office has been selected as the exclusive leasing partners for 405 Main Street, also referred to as the Scanlan building, located in Houston’s central business district on behalf of Novel Coworking. “We are extremely pleased to continue our successful relationship with Novel Coworking as their leasing partner for 405 Main Street,” said Matthew Asvestas, senior associate at Stream in Houston. “We have accomplished much together at 3120 Southwest Freeway and expect to bring the same level of consistent, exceptional service to 405 Main.” 405 Main is a unique building that juxtaposes high-quality office features with rich history. The property sits next to the Harris County Courthouse providing exceptional views and unmatched convenience for tenants predominantly in the legal industry. Stream’s Asvestas and Adam Ross, senior associate, have been selected to lease the property. Listed in the National Register of Historic Places in 1980, the building was the first official White House of the Republic of Texas. It has been completely modernized and restored, currently offering move-in ready availabilities from 250 to 3,000 square feet. The building also has a 4,000 square foot, ground-level corner restaurant/entertainment space available with high ceilings, full kitchen, indoor/outdoor serving spaces and second floor outdoor bar space. An additional, 1,250-square-foot suite on the ground floor is available, ideal for a retail storefront or quick service cafe.