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Berkadia Arranges Sale of 243-Unit Chartwell Court Garden Style Apartment Community in North Houston Market to REEP Equity

HOUSTON, TX - Berkadia announces it has arranged the sale of Chartwell Court, a 243-unit garden style community in north Houston. Senior Managing Director Ryan Epstein, Senior Director Jennifer Ray and Associate Director Scott Bray of Berkadia’s Houston office listed the property on behalf of National Asset Services, a real estate investment firm based in Los Angeles. The buyer is REEP Equity, a real estate investment firm based in San Antonio.
“The property’s significant value-add upside and the lack of new construction in the area illustrated a proven asset with fundamentals to maintain high occupancy,” said Epstein. “With no conventional properties in lease-up, under construction or proposed within proximity of the community, Chartwell Court reflects Houston’s advantageous multifamily market.” ....

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Industrial distributor selects Hines project for new Houston headquarters

Industrial distributor selects Hines project for new Houston headquarters
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Hines is the developer of Pinto Business Park at the southwest corner of Interstate 45 and Beltway 8 in north Houston.Hines
PSS Industrial Group, a Houston-based distributor serving the energy industry, signed a 200,824-square-foot lease within north Houston s Pinto Business Park for its headquarters, commercial real estate firm JLL announced.
The facility, in the Ella Logistics Center at 10507 Ella Blvd., will consolidate multiple facilities and allow room for growth, according to JLL, which negotiated the lease on behalf of PSS. Hines is the developer and owner of Ella Logistics Center, 13 miles north of downtown near Interstate 45 and Beltway 8. ....

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