HENRY S. MILLER ARRANGES BUILD-TO-SUIT INDUSTRIAL SALE
DEER PARK, TEXAS — Henry S. Miller Brokerage (HSMB) has arranged a build-to-suit industrial sale at Deerwood Glen Business Park in Deer Park.The buyer, Abrasive Products & Equipment, plans to construct a 15,000-square-foot facility on a 2.39-acre site that is situated along Highway 225. The new building will house a sales and service operation for the manufacturer's portable air blast and supplies equipment business. Doug Bates and Joel Hill of HSMB's Houston office were the sole brokers in the transaction between Abrasive Products & Equipment and the seller, Clay Development & Construction.
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JOHNSON CAPITAL SECURES $4.86 MILLION SENIOR HOUSING LOAN
TEXARKANA, TEXAS — Johnson Capital has secured $4.86 million in construction-to-permanent financing for a new senior housing facility in Texarkana. The project, which will be known as The Magnolia, will be a 40-bed facility specializing in Alzheimer's care. The loan features a 40-year, self-amortizing term following a 16-month construction period. Paul Mogote of Johnson Capital's Dallas office arranged the loan, which was placed with a HUD-insured loan group and was provided under Section 232 of the Fair Housing Act. The borrower is a first-time developer. /a>personal trainer providence10 tips to quit smokingeyes in tha href='http://tests4all.org/10/'>past life regression londonartist deaths dates oflung cancer large cell
MARCUS & MILLICHAP BROKERS SALE OF BANK GROUND LEASE
AUSTIN, TEXAS — Marcus & Millichap has brokered the sale of a Wachovia bank branch ground lease located in Austin. The building, which was constructed in 2005, totals 4,200 square feet and is located at 11302 FM 2222. Philip Levy and Jason Vitorino of Marcus & Millichap's Dallas office, along with Stephen Stein of the firm's Los Angeles office, represented the undisclosed seller. Michael Shover, Tom Gorman and Matthew Gorman of Marcus & Millichap's Philadelphia office represented the buyer, a private investor.
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