Building materials company moves headquarters to Memorial City
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Weatherford Business Park, a Crow Holdings Industrial development at 13203 Murphy Road in Stafford, is fully leased by five tenants occupying a total of 568,084 square feet, according to Colliers International. The park consists of three buildings on 34 acres with frontage on both FM 1092 and Mula Road. United Statesrepresented by Scott Visin of Cushman & Wakefield, leased Building 1 of 100,153 square feet. Building 2 has recently been let by three tenants. Holiday Logistics/Christmas Kingrepresented by Clay Pritchett of NAI Partners, leased 88,721 square feet. Chadwell Supply Texasrepresented by Reed Parker of Lee & Associates, leased 144,682 square feet. Disaka, represented by Terry Nehls of Fincher Cos., leased 77,802 square feet. Last year, Chempak, represented by Anthony Squillante and Drew Coupe of Avison Young, signed a 10-year lease for 156,726 square feet in Building 3. Barkley Peschel, Walter Menuet and Jason Scholtz of Colliers represented the landlord, Weatherford Farms DC, in the deals, with Crow’s Cory Driskill and Emily Walker. The property is part of the 29.6 million square foot Highway 59/Highway 90 industrial submarket, which is 93% occupied, according to Colliers.
Based in Dallas Capital of the Mass of the Winds acquired a portfolio of 1,134 apartments at three Houston properties: Sedona Square, a 250-unit complex at 11715 S. Glen; Verano, a 312-unit complex at 2800 S. Dairy Ashford; and Rock Creek at Hollow Tree, a 572-unit complex at 200 Hollow Tree Lane. The seller was Lubbock-based Madera Residential. The company’s Indio Management subsidiary will manage the portfolio. Newmark Houston’s Matt Saunders brokered the sale. James Currell, Joel Heikenfeld and Emily Balazik of Northmarq’s debt/equity team in Dallas arranged the financing. Renovations are planned for the complexes, which were built in the 1980s.