Real estate transactions
Republic 5 Properties has purchased 15 acres in the 17000 block of U.S. 59 North in Humble. Mark Wimberly of Houston Commercial Development represented the seller, Jack R. Lee, Trustee. Eric Hughes of Centermark Real Estate represented the buyer.
Silver Ranch Ventures, which does business as Ivy Kids, has purchased 2.3 acres from Katy 309 Venture. The property is on the east side of Spring Green Boulevard, just south of the future intersection of Katy Flewellen, Cinco Trace Drive and Spring Green. The buyer plans to build a child care school on the site. Dennis Johnston of Vista Brokerge Services brokerd the transaction.
Cypress Real Estate Investors has acquired 3.3 acres on Interstate 10 East at Dell Dale for the construction of a 50,000-square-foot events center. George N. Polydoros of George Polydoros Co. represented the buyer. Frank Nadolney of Nadolney Enterprises represented the seller, Legend 15201.
Fulton Davenport has leased a 2,543-square-foot building at 1636 Richmond. Ryan Neyland of Davis Commercial Real Estate represented Timothy Seo, the landlord. Attorney Mickey Altman represented the tenant, which will use the building for its photography company.
PennTex Midstream has renewed and expanded its lease for a total of 14,625 square feet at 11931 Wickchester. Griffin Jaggard of Moody Rambin represented the landlord, DIG WB&W. Jill Bond Nesloney with Griffin Partners represented the tenant.
Flowco Production Solutions has leased a 7,500-square-foot single-tenant building at 18511 Imperial Valley. Patrick Wolford and Chase Cribbs of TNRG represented the tenant. Steve Adkisson represented the landlord, Adkisson Development.
Slow Dough Bread Co., the locally based company that recently acquired the Houston bakehouse of Whole Foods Market, has renegotiated and extended its lease at the southwest Houston facility it gained in the deal. JLL negotiated the deal for the artisan bakery, which now leases 38,400 square feet in Beltway Distribution Center at 9330 W. Airport Blvd. Ryan Fuselier, Louie Crapitto and Travis Secor of JLL represented the tenant. John Kruse with Holt Lunsford Commercial represented the landlord, Boston-based TA Realty.
Ridge Development, the Chicago-based industrial development arm of Houston-based Trans-western Development Co., has expanded into the Houston market with the hiring of Ben Newell as senior vice president of the firm's southern region.
Miami-based One Real Estate Investment has put Houston on the radar for more apartment acquisitions after success with its current portfolio totaling 1,342 units in five complexes. The company said it has boosted the occupancy of its Houston portfolio by 15 percent in the last year to 97 percent. The properties consist of The Forest Apartments at 22820 Imperial Valley, Kirkwood Landing at 9850 South Kirkwood, Valencia at Spring Branch at 9550 Long Point, Pine Creek at 470 Maxey and Sunset Crossings at 10630 Beechnut.
Houston-based Partners in Building has selected Nashville for its first expansion outside Texas. The custom builder plans to begin building homes in three to five Nashville-area communities this fall, with home prices ranging from the $500,000s to more than $1 million.
See origin of the news: https://www.houstonchronicle.com/business/real-estate/article/Real-estate-transactions-6472830.php