Insight

Valve Company signs 28,256 SF Industrial Lease in North Houston

May 28, 2013

HOUSTON, TEXAS – May 28, 2013 – The Houston office of Cresa, North America’s largest tenant representation firm recently closed the following transactions:

Tiger Valve, a company which provides valve products to the oil and gas industry, recently closed on a 28,256-square-foot industrial lease in the North Hardy Toll Road industrial submarket at 4741 World Houston Parkway in World Houston International Business Center. Barrett Gibson, a Managing Principal, and Jason English, a Senior Advisor with Cresa Houston, negotiated the transaction on behalf of Tiger Valve. Rives Nolen of InSite represented the property owner, EastGroup Properties. [INDUSTRIAL]

J&S Oil and Gas LLC, an oil & gas exploration company focused primarily in south Louisiana, recently relocated into 9,163 square feet at the Woodlands Atrium building located at 24900 Pitkin Road in The Woodlands submarket in Spring. Julie King, a Principal with Cresa Houston, represented the tenant, and Lee Jeane with Avison Young represented the landlord, 24900 Pitkin LP. [OFFICE]

Burton Construction, a full-service general contracting firm headquartered in Houston, recently purchased two acres of land with a 12,000-square-foot building located at 10550 Westpark in the Westchase submarket. Gary Lawless, a senior advisor with Cresa Houston, represented the buyer, and Andrew Lear with Westchase Management Company represented the owner. [OFFICE]

About Cresa

Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Corporate Solutions, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, Mission Critical Solutions, and Facilities Services. With more than 58 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms; Cresa covers more than 173 locations in 40 countries. For more information, visit www.cresa.com.

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