Colliers International | Houston

Cravens Logistics Center, a Class A distribution building developed by Johnson Development Associates, has fully leased 249,370 square feet of space with two tenants at 525 South Cravens Road in Missouri City, Texas.

Colliers has facilitated the lease of 37,000 square feet of industrial warehouse space for Circle Clothing in the Sugar Land Corporate Center located at 1631 Gillingham in Sugar Land, Texas.

"As the global economy faces growing headwinds, construction levels throughout Greater Houston have slowed.

Colliers is pleased to announce the sale of a ±15,000 square foot building on ±2.38 acres at 13347 Pike Road in Stafford, Texas. The buyer, TDE Holdings, was represented by A. J. Williams of Partners.

"Houston's office market fundamentals reversed course during the third quarter with decreased leasing activity and rising vacancy.

Colliers is pleased to announce the NNN lease of Class A office space in Saint James Place at 1885 Saint James Place in Houston, Texas. The landlord, Saint James Place Partners, was represented by Chrissy Wilson and Jack Russo of JLL.

Colliers is pleased to announce the sale of a 43,200 square foot industrial building situated on ±9.889 acres at 15431 Interstate 45 South in Conroe, Texas. The buyer, Spring Glass & Mirror Ltd., was represented by Wade Nelson of Nelson Properties.

Colliers is pleased to announce the successful purchase of ClearWater Car Wash at 7424 FM1488 in Magnolia, Texas. The seller, Magnolia Circle, L.P., was represented by Marc Peeler of NewQuest Properties.

Colliers is pleased to announce the sale of a ±2.67 acre site with a ±5,785 usable square foot office building at 13623 Perry Road in Houston, Texas. The buyer, Antelmo Investments, LLC, was represented by Kariliz Perez of Stone & Fields.

Colliers is pleased to announce the lease of a ±166,250 square foot space in the Airtex Commerce Center at 431 Airtex Drive in Houston, Texas.