Pasadena
Lexington Realty Trust Emerges as Buyer of 737K-SF Portfolio
A newly constructed fully leased three-building class-A industrial portfolio recently sold for an undisclosed price to affiliates of Lexington Realty… Read more
Pasadena Rail-Served Property is Ideal for Regional Distribution
CenterPoint Properties recently purchased a 601,261-square-foot building on 31 acres at 3507 Pasadena Freeway in Pasadena, TX from Link Logistics… Read more
Dunavant Expands by 784K SF at Bay Area Business Park
Dunavant Distribution Group is expanding into a 784,000-square-foot industrial building in Bay Area Business Park in Pasadena, Texas. The additional… Read more
Port of Houston Adds Two Tenants Totaling 505K SF
Two new tenants will be joining the Underwood Port Logistics Center and Bayport North Logistics Center I, absorbing more than… Read more
Marcus & Millichap Arranges Trade of Pasadena Workforce Housing
Marcus & Millichap arranged the sale of Pasadena Portfolio, consisting of two workforce housing properties totaling 227 units located in Pasadena, TX. Financial terms… Read more
Dunavant Distribution Expands Bay Area Business Park Footprint by 137K SF
Dunavant Distribution Group LLC leased a 137,280-square-foot industrial building at Bay Area Business Park in Pasadena, TX. The logistics and… Read more
350K-SF East Belt Business Park Goes to Boston Buyer
A fund advised by Morgan Stanley Real Estate Investing ended its long-term hold on East Belt Business Park, a four-building,… Read more
Quick Lease-Up Paves Way for Beltway-225 Business Park Phase II
The quick lease-up of Beltway-225 Business Park Phase I in Pasadena, TX led owner United Equities Inc.to announce construction on… Read more
American Cross-Dock & Storage Expands to 147K SF
American Cross-Dock & Storage inked a deal to expand its space. Specifically, the tenant signed a lease for 102,863 square… Read more
Mooyah to Houston: We’re Expanding
Officials with quick-service restaurant chain Mooyah like the Houston area enough to expand, announcing the addition of 26 locations by… Read more
Panattoni Development Breaks Ground on 643K-SF Bayport South
Panattoni Development Co. and equity partner MetLife Investment Management broke ground on Bayport South, a 642,994-square-foot, Class A, speculative warehouse… Read more
Locktite Storage Sells Nine-Property Self-Storage Portfolio
Locktite Storage unloaded a nine-property self-storage portfolio — totaling 4,835 units — to National Storage Affiliates. The properties were situated… Read more
Five Senior Care Centers Scheduled to Open in Houston
Partners in Primary Care, a subsidiary of Humana Inc., announced it would open five new senior-focused, primary care medical centers… Read more
Chevron, Exxon Mobil Sink Billions into Texas Refineries
Two of the nation’s largest oil companies are doubling down on Texas, pouring billions of dollars into refineries. Chevron USA… Read more
ZT Corporate Acquires Neighbors Emergency Centers
ZT Corporate joined forces with Altus Healthcare System to acquire six Neighbors Emergency Centers in the greater Houston area. The… Read more
Meritex Increases Local Portfolio with Park 225 Buy
Meritex Co. boosted its Houston-area portfolio by 121,520 square feet with its acquisition of Park 225, a multi-tenant light-industrial building.… Read more
Work Begins on Underwood Port Logistics Center
Triten Real Estate Partners and Carlyle Group began construction on Underwood Port Logistics Center, a 404,160-square-foot distribution center in Pasadena,… Read more
Klevenberg USA Renews Pasadena Lease
Klevenberg USA Inc. renewed its 44,800-square-foot lease at East Belt Business Park in Pasadena, TX. The subsidiary of Dutch company… Read more
Houston Multifamily: Look for More Renter Demand in 2018
Berkadia released its Houston multifamily report, pointing out that 22,353 units were absorbed in 2017, more than double from the… Read more