Momentum - Business to Business Online Magazine September 2017 | Page 28

Recent lease transactions ... 16,000 SF - LBC Houston LP leased at Two Corporate Plaza on Bay Area Blvd. in Houston. Broker representation for the landlord - Doug Little / Transwestern; for the tenant - Derrell Curry / Savills-Studley and Dena Wren / CBRE. 5,000 SF – Kinetik Rehab and Performance leased at Hometown Business Center, 951 FM 646 East in League City. Broker representation: Brockway Commercial and United Real Estate Houston. 5,000 SF – Mounting Horizons at Hometown Business Center, 951 FM 646 East in League City. Broker representation: Brockway Commercial. 4,800 SF – Storm Tight Windows at Bay Area Business Park in Webster. Finial group negotiated the deal. 1,867 SF – Vivid Graphics at 2911 South Shore Blvd. in League City. Peyton Lumpkin / RLN Properties negotiated the deal. 1,344 SF – Clear Lake Therapy at 17045 El Camino Real. Also, McKinney Insurance leased 1,119 SF at this location. Courtney Buckout / PMRG represented the landlord. 1,000 SF – Danish Aerospace leased at 1045 Space Park in Nassau Bay for its first location in Texas. BAHEP worked this project with company officials. Other real estate transactions ... Sold - 7,365 SF ambulatory surgical center and diagnostic clinic at 2622 Marina Bay Drive in League City; seller was represented by Beth Young / Colliers International. Capital Commercial Investments will acquire two office buildings at 1290 and 1300 Hercules Avenue, 65,233 SF and 64,000 SF, and then make substantial physical improvements to the interior of both. Empire Creative Marketing purchased a 6,000 SF building at 1145 Butler in the Brittany Bay business park in League City. Ineos Olefins & Polymers USA acquired the 107,000 SF Marina View building in League City that it has leased for more than 10 years. The building is located at 2600 South Shore Blvd. The 270 employees service the petrochemical manufacturer’s Texas plants. Sold - a development site of 1.9 acres at the northwest corner of West FM 518 and North Wesley in League City. Colliers International / Marshall Clinkscales for the seller and Cadre Realty for the buyer. Coming soon: League City – CareNow Urgent Care clinic at the Gulf Freeway and FM 646. Retail / Hospitality Development Restaurant news ... League City- Craft 96 Draught House + Kitchen will open at 2575 E. League City Parkway at South Shore Blvd. JT’s Smokehouse is open at 3612 W. Main Street. Thai River Restaurant will open at FM 646 and the Gulf Freeway in League City. Stream Realty negotiated the deal. Dickinson- Flippers Coastal Seafood is expected to open by September 1 at 628 FM 517. Seabrook- A new 5,200 SF restaurant concept is under construction at the Seabrook Marina & Shipyard at 1900 Shipyard Drive. The restaurant will have views of the Clear Creek Channel and beautiful sunsets on Clear Lake. It will feature a 320-foot dock for boaters to tie up. The owner/developer is looking for a restaurant operator to serve up Gulf Coast seafood. th Merlion (Thai restaurant and lounge) will open its new, larger restaurant at 1205 Main, moving from its current location on 4 Street. Opening is expected in the last quarter of 2017. 27 MOMENTUM / September 2017