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Partners Real Estate (Partners), one of the largest independent commercial real estate firms in Texas, recently arranged a 15,726-square-foot renewal and expansion with Kinetik located at 2700 Post Oak Boulevard in Houston’s Galleria submarket.
Partners John Zivley and Griff Bandy represented the tenant in the transaction. Win Haggard with Cushman Wakefield represented the landlord in the transaction.
Todd MacPherson has been named principal of the firm’s Houston office.
Todd is a senior designer within the Aviation & Transportation Practice. Past projects include Terminal 6 at Chicago’s O’Hare International Airport, planning for the new terminal at Brussels Charleroi Airport, and Terminal Expansion at Portland International Jetport in his home State of Maine. He is the firm’s aviation practice area leader for the South Central Region, and is a registered architect, a LEED accredited professional and a current member of the American Institute of Architects.
Gensler is pleased to announce that Vince Flickinger has been named principal of the firm’s Houston office.
Vince is a global leader in Gensler’s Energy practice who brings over 20 years of experience in a broad range of project types and roles. His depth of knowledge in corporate workplace design has helped deliver successful projects for clients like BP, Deloitte, Norton Rose Fulbright, Chevron and Johnson & Johnson.
Outside of work, Vince is an active member in several AEC organizations including the Texas Association for Interior Design and the International Interior Design Association.
Partners Real Estate (Partners), arranged the sale of Gemini Plaza, a 158,976-square-foot office property located at 1150 Gemini Street in Houston, Texas, and is directly adjacent to NASA Johnson Space Center.
Partners’ Cary Latham, Wyatt Huff, and Dan Boyles represented the seller, Universal Weather & Aviation LLC in the sale-leaseback transaction. Noah Kruger of Savills represented the purchaser, JMK5 Holdings.
JLL Capital Markets announced today that it has arranged approximately $190 million acquisition financing for 10 healthcare properties totaling 857,779 square feet.
JLL worked on behalf of the borrower, Big Sky Medical Real Estate, in securing the five-year, floating-rate loan from a bank syndication led by Capital One Healthcare.
The properties, which are collectively 87% occupied, serve a wide range of healthcare uses, including outpatient medical office buildings, ambulatory surgery centers, diagnostic imaging centers and more. The portfolio includes:
JLL’s 2022 Healthcare and Medical Office Perspective highlights that patients are moving to sunbelt states and retirement markets such as Texas, Louisiana and California at exponential rates creating more demand for medical office buildings. As a result, medical office occupancy has ticked upwards as demand intensifies in a moderate construction environment which has gradually increased rents for the 11th quarter in a row.
The JLL Capital Markets team representing the borrower was led by Managing Directors Timothy Joyce and John Chun and Director Anthony Sardo.
Doc Perrier and William Alcorn with Finial Group have secured a sale and subsequent lease at 6 Fellows Road in Houston, Texas.
The 12,0000-square-foot industrial building in Southwest Houston features 1,554 square feet of office space with 2.7 acres of yard space fronting Beltway 8 and Almeda Road. Doc Perrier and William Alcorn represented the seller and landlord, while Mason Alsbrooks and Josh Carl of Lee & Associates represented the tenant.