The city of Logistics Realty, based in Dallas, laid the foundation stone on the Brickyard, a 543,000 SF, a three-building business park in the 5020 Acorn St. in the northwest of Houston.
With the kind permission of Urban Logistics Realty
Rendering of the brick
The speculative industrial project is a joint venture between the main assets Management and Ulr. It is planned in the second quarter of 2026.
First United Bank & Trust provided construction financing. Harvey Builders is the general contractor, Powers Brown Architecture is the project architect, Kimley-Horn is the civil engineer and Pinnacle is the civil engineer. Tyler Maner, Heath Donica and Jack Rathe from Stream Realty Partners are the leasing team.
PEOPLE
Avison Young promoted Marti Grizzle to the vice president of the office in Houston. Grizzle is part of an Office rental company representative team that works together with Wade Bowlin, director and managing director of Avison Young in Houston.
Grizzle has been in the company for almost three years, but was tirelessly committed and successful during this time, said Bowlin. Grizzle used to be a mechanical engineer in the HLK industry and leasing manager at Madison Marquette.
Sales
The Allegra Holding Group acquired DHT-4 Last Mile, an industrial complex of 141,000 SF-Class-A in the Cypress North Houston Road 15302 in Cypress. The building was completed in 2022.
The JLL Capital Markets team, headed by Trent Agnew, Charlie Strauss and Lance Young, represented the seller Vigavi Realty. The building is fully rented to an e-commerce user.
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An investor based in Houston bought a 20,000 SF industrial park in 23781 Loop 494 in Porter. The seller was a long -term owner on Porter who represented himself. Jared Pinto from Newman Kelly represented the buyer.
Lease
Packeze LLC signed a 45,000 SF rental contract in the 11335 Clay Road in Houston in the Clay Crossing Business Center. Transwestern's Darryl Noon and Brian Gammill represented the landlord HPI Holdings II LLC.
Packze, a manufacturer of custom signs, banners and moving boxes, will summarize several locations in North Houston in this new room.
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Barrett Gibson and Jason Tangen from Colliers represented the landlord in the rental agreement of 59,000 SF industrial areas to an unnamed tenant on 1203 Thompson Park Drive in Baytown.
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With the kind permission of Pearl River Cos.
Style Lane Business Park
Ferguson, a value creation dealer for the North American hardware store, rented 31,000 SF in the style of Lane Business Park in Sugar Land. Jason Dillee and Nick Bergmann represented Ferguson with CBRE. The landlord Pearl River Cos. Was represented by Cape Bell and Greg Holmes von CBRE.
Ferguson plans to fill more than half of the property of a property in the 13027 style Lane with its headquarters in Virginia. This is the 15th location in the Houston area for the company.
Building & development
The Maple Development based in Houston started three master planned villages, which are smaller and more manageable than traditional master-planned communities. Bellamina, from the FM 362 in Waller County, will stretch 248 tomorrow with 40 feet and 50 feet loosely for 879 houses.
Sagebrush will be a 470 hectare community near Hempstead in Waller County, from FM 1488. Serenada will be a 155-hectare community in Pattisone, west of Katy, with 40-foot and 50-foot properties for 467 houses. Model houses for all three villages are expected by summer 2026.
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Marquette Cos. Welcomed his first residents in White Oak, a luxury apartment building with 304 units that anchored the mixed use in White Oak District in Houston's Woodland Heights Quarter. The six-story community in the 2623 Keene St. offers studio/junior a bedroom as well as single and two bedroom designs with one or two baths from 515 SF to 1,340 SF.
That & that
Lone Star Pace was estimated as a program administrator for the newly installed commercial property of Montgomery County from the Montgomery County Commissioners Court during his meeting on May 27th.
The district will use the program to promote private investments in sustainable improvements. Lone Star and Texas Pace will also put together the new C-PACE program of the governments of the North Central Texas Council of Governments.