Category: Deals & Announcements

Woodmont breaks ground on retail center in Fort Worth

Posted on by Mia Goulart

The Woodmont Company is thrilled to announce the beginning of construction for Berkshire Corner at 9937 Blue Mound Road, a highly anticipated 12,002 square-foot shopping center in Fort Worth. Held on June 22nd, the ground breaking ceremony marked a significant milestone for the development and showcased the exciting future ahead for the community.

Berkshire Corner is poised to become a vibrant hub of commerce, featuring establishments such as Jersey Mike’s Subs, Blue Mound Nail Spa, Blue Mound Liquor, Mynt Barbershop, and ProSmiles Dental; leases negotiated by Woodmont agents Jake McCoy and Jack Mock. The successful groundbreaking ceremony signifies the start of construction for Berkshire Corner, as it progresses to deliver a comprehensive selection of amenities and experiences to meet the evolving needs of the north Fort Worth community that will also service areas of Haslet and Saginaw, Texas.

The groundbreaking ceremony took place at the future site of Berkshire Corner, located at 9937 Blue Mound Road, and gathered esteemed guests, community leaders, valued partners and future tenants. The event celebrated the positive impact this development will have on the local economy and community, as well as the diverse range of services it will offer.

Cinnamon Shore announces new luxury resort amenities at master-planned community on Mustang Island

Posted on by Mia Goulart

Cinnamon Shore, the first New Urban vacation community on the Texas Gulf Coast, announced an array of new resort-style, luxury, family-friendly amenities, with many slated to break ground this summer. The new attractions will enhance the growing village of Cinnamon Shore South, the community’s 147-acre sister property that began development five years ago, and include a vibrant town square with a stage, spa, and robust retail and dining district, intimate neighborhood pools, a fitness center, sports facilities, an indoor-outdoor event venue, a dog park and scenic outdoor social gathering areas.

Cinnamon Shore South will offer the following new amenities, with some scheduled to break ground this summer and fall:

  • Playtime sports courts, offering two pickle ball courts, half-court basketball, a shaded viewing area, a water station and a fenced-in grassy space where younger kids can play tag and other games.
  • Neighborly square pool, a shaded, private pool with tropical landscaping, bubbling fountain, an over-the-pool water walkway, palm-shaded nook for hammocks, a firepit, lounge chairs set in the shallow water area, pergolas, tables and chairs for picnic lunches and socializing, and shower and bathroom facilities. 
  • New event venue, a beautifully landscaped structure for indoor-outdoor celebrations and festivities, from weddings and family reunions to business meetings and private dining experiences.
  • Another neighborhood pool with fitness center, surrounded by pergolas, palms, lounge chairs, residential cottages, and homes.
  • Coastline fire lounge, a new park and gathering spot.
  • South dog park, a destination for dog walkers with plenty of grassy space to play, along with shade and benches for owners to watch the fun.
  • Tailwind Park, a lush garden for homeowners and guests, offering breathing room and a place to visit, relax and play. Visitors will be able to cozy up around the firepit, chat under sunshades or bistro lighting at twilight, or walk pebbled paths toward the Gulf or community pools.
  • New pavilions, set on the lake’s shoreline to offer shaded places to prep fishing tackle or rest after an afternoon stroll and to create new, scenic, pedestrian-friendly streetscapes.
  • Sundown Court, a paved pedestrian-friendly plaza that will connect residences and two lakes along a central corridor, featuring five beautifully planned park spaces and cozy plazas lined with reading benches, bistro tables, shade trees and a community fire pit.

South Town Square is slated to break ground in 2024, a project of award-winning Kimmel Studio Architects from Annapolis, Maryland. With extensive experience in waterfront properties along the Chesapeake Bay, the company is planning this 100,000-plus-square foot town hub, set along the west side of the village’s primary lake and centered around a waterfront stage, green space, and a boardwalk with a walkable connection to the entire community.

Currently at Cinnamon Shore South, the coastal lifestyle centers on more than 15 acres of lakes; more than a mile of lakeside decks and pavilions; three, two-way dune crossovers for convenient private beach access; and an infinity pool framed by cabanas, fountains, fire features, a sunset deck, and food and beverage service from C Bar Too. Plus, homeowners and guests can access all amenities at neighboring Cinnamon Shore North.

Ware Malcomb announces construction is complete on DECISIO Health’s corporate headquarters in Houston

Posted on by Mia Goulart

Ware Malcomb, an award-winning international design firm, announced that construction is complete on DECISIO Health, located at 520 Post Oak Blvd. Suite 600, in Houston. Ware Malcomb provided interior architecture and design and branding services for the 15,000-square-foot interior office renovation. 

DECISIO Health is a Houston-based digital health company with a configurable clinical decision support platform designed to aggregate data from electronic health records, in-room medical devices such as monitors and ventilators, and other sources of patient data to present relevant clinical data of the patients’ condition in a set of configurable dashboards.

DECISIO Health, relocated to a new office space designed to enhance employee collaboration and create a thoughtfully designed work environment. The new office space, strategically selected for its suitability and capacity to accommodate DECISIO’s growing team, reflects the company’s commitment to fostering an energized and collaborative work environment. The office design seamlessly combines functional spaces with elements that evoke a techy, fun, speakeasy feel. A neutral, darker color palette paired with ample natural daylight and a variety of textures was chosen to create an engaging space custom designed to align with their company culture.  

Ware Malcomb collaborated closely with DECISIO to bring their new office to life. The team addressed the unique challenges of the project, which included the need for a variety of different workspaces, flexible use of square footage, and a high level of acoustic privacy through the use of multiple types of workstations, multi-use space and high performance acoustic materials.  

Notably, Ware Malcomb’s in house Branding Studio played a pivotal role in the successful outcome of the project by providing custom branded graphics for key spaces within the office. By interpreting the essence of DECISIO’s brand and integrating it throughout the space, the team successfully captured the company’s identity and values.  

Ware Malcomb worked closely on the project with the building owner/developer, Griffin Partners. Headquartered in Houston, Griffin Partners is a commercial real estate investment, development, and property management firm that owns and operates properties throughout Texas, Colorado, Arizona, Utah, Tennessee, and North Carolina. General contracting services for the project were provided by Crest Builders. The tenant was represented by Edward Edson with Colliers and the building was represented by Jill Nesloney with Lee & Associates.  

$255 million credit facility arranged for single-family rental portfolio located across Texas

Posted on by Mia Goulart

JLL Capital Markets has arranged a $255 million credit facility for single-family rental homes located across Texas. Upon close, the facility refinanced an initial portfolio of homes in Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station.

JLL worked on behalf of the borrower, Camillo Properties Ltd. doing business as SimplyHome, to secure the bridge facility through Churchill Real Estate, a vertically integrated real estate investment firm with $6 billion outstanding across more than 60 facilities in its lender finance business as of Q2 2023. SimplyHome is one of the largest private owners of purpose-built SFR in the country, and since inception, SimplyHome has scaled its holdings into 10,000 SFR homes across 100 different neighborhoods.

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Colby Mueck, Managing Director Matthew Putterman, Director Laura Brown and Analyst Davis Burnett.

Chris Lewis named Most Admired CEO by the Houston Business Journal

Posted on by Mia Goulart

Chris Lewis, managing principal at Lee & Associates, Houston, has been honored with the 2023 Houston Business Journal (HBJ) Most Admired CEO Award. This recognition highlights Lewis’ exceptional leadership and his significant contributions to the Houston business community.

The HBJ Most Admired CEO Award is a highly esteemed accolade that recognizes outstanding CEOs who have demonstrated exemplary leadership, innovation, and success in their respective industries. Lewis’ dedication to excellence and his commitment to driving growth and success for Lee & Associates, Houston have earned him this well-deserved recognition.

Forty-nine CEOs were chosen by members of the HBJ staff for their career achievements and leadership skills. The honorees will be recognized in a special section of the HBJ’s August 25 weekly edition and at an awards luncheon on Thursday, August 24, at the Marriott Marquis Houston.

West Houston office building undergoes multi-million-dollar reno; sees flurry of leasing activity

Posted on by Mia Goulart

Stream Realty Partners has leased more than 74,000 square feet at a West Houston office building as ownership announces a multi-million-dollar capital improvement project.

Eldridge Oaks, located at 1080 Eldridge Parkway and adjacent to Terry Hershey Park in the highly desirable Energy Corridor, is owned by national real estate investment firm, Broadshore Capital Partners, on behalf of its clients.

Broadshore worked with Stream Houston, IA Interior Architects, and OJB to reimagine the building’s identity and create an environment focused on the health and wellness of its occupants. Stream, a national commercial real estate firm offering an integrated platform of services, provides leasing, property management, and construction management services at Eldridge Oaks. Senior Vice President Brad Fricks and Vice President Matt Asvestas serve as leasing agents.

O’Donnell/Snider Construction is overseeing the construction, which will be completed this fall.

Eldridge Oaks’ proximity to Terry Hershey Park as a natural amenity is a competitive advantage few buildings can offer. A robust fitness center also offers direct connectivity to the park trails. The renovation includes thoughtful programming of outdoor amenities to further enhance the tenant experience and attract companies seeking employee-centric office spaces. Improvements underway include a complete update to the first- and second-floor lobbies, a conference center and on-site food services. Also on tap is a connected, collaborative tenant lounge space and enhancements to other building common spaces.

Global engineering company Gulf Companies recently signed a 52,148-square-foot-lease at Eldridge Oaks. Beau Bellow of JLL represented the tenant.

Other notable transactions at Eldridge Oaks include:

  • Ryder Integrated Logistics executed a 7,141-square-foot lease. Gary Lawless of Cresa represented the tenant.
  • VsmSQ Structural Engineers executed a 6,161-square-foot lease. Anthony Fritsche of Fritsche Anderson Realty Partners represented the tenant.
  • CCL Global leased 4,739 square feet. The tenant was represented by Scott Visin of Cushman & Wakefield.
  • Hanwha Global Investments Corporation secured a 2,616-square-foot lease. Tripp Pruet with Stream represented the tenant.

Eldridge Oaks is a 14-story, Class A office tower built in 2009 offering a variety of amenities including on-site property management, 24/7 security, and an above-market parking ratio. The building can accommodate tenants ranging from 3,000 square feet to 235,000 square feet and has move-in ready speculative suites available.

The LEED® Gold Certified building provides immediate access to Terry Hershey Park hike and bike trails, and a plethora of walkable restaurants, bars, hotels and lifestyle retail at The Enclave on Eldridge and Plazas at The Parkway retail development across the street.