Houston, June 10, 2022 – Colliers is pleased to announce the sale of ±9.29 acres located on Cossey Road in Houston, Texas. The buyer, Three Diamond Capital Holdings LLC, was represented by Jack Gaffney and Dylan Schopper of Finial Group Houston LLC. Tom Condon, Jr. of Colliers represented the seller, David & Melanie Talley, in the transaction.

The subject property is situated along Cossey Road in Northwest Houston just east of the Tomball Parkway. It is in close proximity to the large residential areas of Charterwood, Gleannloch Farms and The Vintage. Three Diamond Capital Holdings purchased the land as an investment property and plans to develop in the future.

For further information please contact:
Tom Condon, Jr. | Principal, The Woodlands
+1 713 830 4007 | tom.condon.jr@colliers.com

Berkadia has arranged the sale of Lenox Clear Lake, a ­380-unit, Class-A garden-style multifamily community in Houston, Texas. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young and Joey Rippel and Director Kyle Whitney of Berkadia Houston marketed the property on behalf of the seller OHT Partners, a multifamily developer based in Austin, Texas. The Praedium Group, a real estate investor based in New York City, acquired the property.

Located at 15500 Middlebrook Drive, Lenox Clear Lake offers one-, two- and three-bedroom apartments ranging from 574 square feet to 1,721 square feet. Individual units feature nine-foot ceilings, vinyl plank-style flooring, granite countertops, gourmet kitchen prep islands, whirlpool stainless steel appliances, kitchen pantries, walk-in closets, framed mirrors, dual vanities, square soaking bathtubs, linen closets, full-sized washer and dryers, and private patios or balconies. The gate-controlled community amenities include a clubhouse, gourmet latte and tea lounge, private workspaces, a fitness center, game room, two resort-style pools, poolside cabanas with flat screen TVs, an outdoor fireplace, two dog parks, private jogging trails, a children’s playground, car wash area, storage units, covered boat storage, attached and detached parking spaces.

Lenox Clear Lake is in walking distance to the Boeing Corporate Campus, and it is near NASA’s Johnson Space Center, the Port of Houston, the HCA Houston Healthcare, Baybrook Mall, the Bay Oaks Country Club and Kemah Boardwalk.

Houston, June 3, 2022 – Colliers is pleased to announce the sale of ±1.04 acres located at the Southeast Corner of Rudel Road and Buvinghausen Lane in Tomball, Texas. The buyer, Red Grip, LLC, was represented by Andrew Marlowe of KW Memorial/Energy Corridor. Tom Condon, Jr. of Colliers represented the seller, Tomball V.A., LLC, in the transaction.

The subject property is situated adjacent to the V.A. Outpatient Clinic and Tomball Fire Department in the heart of Tomball, just north of Main Street at the southeast corner of Rudel Road and Buvinghausen Lane. Red Grip, LLC plans to construct an 8,200 square foot GRIP Batting Experience facility to provide a high-tech and fun training experience for pitchers and hitters of softball and baseball. This GRIP facility will also be able to accommodate the general public for tourney play and home run derbies.

The property is located in Houston’s Far Tomball retail submarket. The submarket contains 1.8 million square feet of retail space, which is currently 94.4 percent occupied.

For further information please contact:
Tom Condon, Jr. | Principal, The Woodlands
+1 713 830 4007 | tom.condon.jr@colliers.com

Loomis, the largest integrated cash distribution network in the United States, has signed a lease to occupy 30,937 square feet at Prologis Park Beltway Antoine 7, according to JLL.

Located in the northwest Houston submarket, Prologis Park Beltway Antoine 7 is a high-quality warehouse space with amenities including ESFR sprinklers, dock levelers, and T-5 warehouse lighting. The property fronts Beltway 8 and provides easy access to Bush Intercontinental Airport, TX Hwy 249, I-45, Downtown, and The Woodlands.

Kevin Block, Kevin Erck, SIOR and Jeff Venghaus, SIOR of JLL represented the tenant. Nathan Wynne and Jason Dillee of CBRE represented the landlord.

Marcus & Millichap announced the sale of Avenue A Warehouse Park, a two-building, fully occupied, 24,000-square-foot, multi-tenant industrial property located in Beaumont, Texas, according to Division Manager Tim A. Speck of the firm’s Dallas office.

Senior Managing Director Investments Adam Abushagur and Associate Max Lozmack had the exclusive listing to market the property on behalf of the seller, a local private investor. The buyer, a private investor out of California, was also procured by Abushagur and Lozmack.

Avenue A Warehouse Park is located at 5452 Hagner Road in Beaumont, Texas. The subject property is situated on 0.77 acres of land and was built in 1970.

JLL Capital Markets has closed the sale of 1717 St. James Place, a boutique office building totaling 110,452 square feet in Houston, Texas.

JLL represented the seller, Accesso Partners, LLC, and procured the buyer, Silver Creek Realty Advisors.

1717 St. James Place is positioned on 2.34 acres within St. James Place, a deed-restricted business park on the south side of San Felipe in Houston’s Galleria submarket. The property is adjacent to the Tanglewood neighborhood and in close proximity to numerous tenant amenities.

The six-story asset offers a park-like atmosphere with on-site security and management as well as a conference room, access to a newly renovated cafeteria in the adjacent property and on-site structured parking for more than 120 vehicles. 1717 St. James Place is currently 70.5% leased to a diversified tenant roster spanning the real estate, financial services, legal, technology, energy and medical industries.

The JLL Capital Markets team representing the seller was led by Managing Directors Marty Hogan and Kevin McConn.