Real estate briefs: Memorial apartments change hands; spec warehouse to rise in Byatown
Tarantino Properties has acquired Ascension on the Bayou, a 280-unit apartment property at 150 W. Sam Houston Parkway North. Completed in 2017, the property is 95 percent leased. Amenities include an infinity-edge pool, grilling area, fitness center, entertainment lounge, business center and pet park. Teresa Lowery of Colliers International represented the seller, 2013 Ascension LLC. Cortney Cole and Sterling Curry with HFF arranged acquisition financing.
Investment & Development Ventures and Sealy & Co. have started construction on Thompson 10 Logistics Center, a 390,000 square-foot, two-building speculative development in Baytown. Tom Lynch and Mark Redlingshafer of CBRE represented IDV in the acquisition of nearly 27 acres at Interstate 10 and Thompson Road and securing Sealy & Co. as equity partner.
IC PDC Logic has subleased 32,000 square feet at the 27260 Oakridge Park Drive, Oak Ridge North. Al Gabosch of Moody Rambin represented the sublessee.
Cotton Commercial USA has leased 55,135 square feet at Claymoore Business Park, 3010 Claymoore Drive. Ron Roberson with Caldwell Cos. represented the tenant. Blake Warren and Bryan O’Hair with Stream Realty Partners represented the landlord, Prologis.
Insight Logistics Solutions has leased 10,000 square feet at Prologis Park IAH Logistics Center, 3340-D Greens Road. Griffin Rich with Newmark Knight Frank represented the tenant. Matteson Hamilton and Jeremy Lumbreras with Stream Realty Partners represented the landlord, Prologis.
David Weekley Homes will open a “Build on Your Lot” sales office at MetroNational’s Cemex USA building, 10100 Katy Freeway.
Northbelt LLC has awarded Belvoir Real Estate Group the property management and leasing assignment for the 12-story, 213,281-square-foot office building at 333 N. Sam Houston Parkway East.
T.F. Hudgins has leased a 14,400-square-foot industrial space at 10811 Vinecrest Drive. Patrick Wolford and Chris Nash of Lee & Associates represented the tenant. Logan Greer with InSite Commercial represented the landlord, EastGroup Properties.
2230 WGC, LP. has purchased a 16,308-square-foot industrial property at 2230 W. Governors Circle. Chris Nash and Patrick Wolford of Lee & Associates represented the seller, T.F. Hudgins. Charlie Neuhaus and Harry Holmes with Avison Young represented the buyer.
Frankwell Scaffold renewed a lease for 7,325 square feet at 8748 Clay Road. Jim Autenreith and Chris Ochterbeck of Moody Rambin represented the landlord, Invest L.P.