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Archives: April 2021

Houston office building near Bush Airport sold

​​​HOUSTON – Locally based David Z. Mafrige Interests has purchased World Houston Pl​aza, an eight-story building near Bush Airport. The 216,889-sf office building at 15710 John F. Kennedy Blvd. was built in 1985.  It was​​ purchased at a Ten-X auction. Colliers International represented the seller. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local office news​​ […]





XPEL inks industrial lease at PanAm West

​​​SAN ANTONIO – XPEL Inc. has signed a 115,825-sf industrial lease at PanAm West Industrial Park at 3215 N. PanAm Expy.  The industrial complex is no​w 91 percent leased, with one 40,000-sf vacancy remaining.  The Texas Real Estate Research Center has more on San Antonio’s industrial ​market: San Antonio industrial news​​ ​​Texas Quarterly Commercial Report​ ​Source: ​San​ Antonio […]



Southside Place multifamily sold

​​SOUTHSIDE PLACE – Lubbock-based​ Madera Residential has acquired the 270-unit Alexan Southside apartments at 4139 Bellaire Blvd. Built in 2017, the four-story p​​roperty consists of 190 one-bedroom and 80 two-bedroom units averaging ​752 and 1,241 sf, respectively. The building wraps around a five-story parking deck with 445 parking spaces. PCCP LLC provided a $30 million senior loan to the […]


NewRez signs 60K-sf office lease in Houston

HOUSTON – NewRez has signed a 60,188-sf lease at 17000 Katy Fwy., a 174,521-sf office building. Transwestern represented the own​er, an affiliate of Insite Realty Partners LP, in the lease negotiations. Colliers International represented NewRez.  With this transaction, the building is now 70 percent leased. Get more Houston-area office news on the Texas Real Estate Research Center’s website: Local […]



TruAmerica buys 344-unit apartment complex

​AUSTIN – TruAmerica Multifamily has acquired Ellie Apartments, a 344-unit complex at 2900 Sunridge Dr.  The property, forme​rly known as Mission Hills Apartments, has one- and two-bedroom units.  Amenities include a clubhouse, fitness center, pool, and dog park.  Newmark represented the seller, a partnership between Origin Investments and F&B Capital. The Texas Real Estate Research Center has […]