PEOPLE<\/strong><\/p>\nCameron Ayles joined CBRE\u2019s Houston office as vice president. He will join a team including\u00a0Kevin Saxe and Wyatt McCulloch that is focused on a finance-driven approach to occupier leasing and corporate portfolio advisory.\u00a0<\/p>\n
Ayles joins CBRE from Newmark, where he was an associate specializing in tenant representation and corporate advisory services. Prior to that, he spent two years as an analyst at Brookfield Properties.\u00a0<\/p>\n
***<\/p>\n
Whitestone REIT, a\u00a0Houston-based owner and operator of open-air shopping centers in Texas and Arizona, hired Felice Terrigno as Houston division director. Terrigno will oversee the leasing strategy for Whitestone\u2019s Houston portfolio.<\/p>\n
He joins Whitestone after seven years at Houston-based SDI Realty Advisors, where he also focused on leasing shopping centers. Terrigno also has military experience, graduating from the United States Military Academy and serving in the 20th Special Forces Group (Airborne).<\/p>\n
LEASES<\/strong><\/p>\nTakeOff Adventure Park Pasadena leased 60K SF of retail space in Fairmont Parkway Shopping Center, at 5950 Fairmont Parkway in Pasadena, from WMC Fund LLC.\u00a0<\/p>\n
The concept from Massachusetts-based Fun City Entertainment will backfill Palace Social, which replaced iT\u2019Z, both family-focused bowling and activity centers. TakeOff, which will have\u00a0a ninja course, a foam pit, climbing walls, trampolines, an arcade and party rooms, is slated to open late in the first quarter.\u00a0<\/p>\n
David Meyers and Alyx Penland of NewQuest represented the landlord. Cesar Miranda of KW Commercial Signature Realty represented the tenant.<\/p>\n
***<\/p>\n
Panelmatic Electrical Solutions signed a 10-year, full-building lease at WestPoint 45. Vigavi and Principal Asset Management developed the 728K SF facility at 410 West Road in North Houston. The lease comes three months after construction completion.<\/p>\n
JLL\u2019s industrial leasing team including Richard Quarles, Mark Nicholas, Joseph Berwick and Eliza Klein represented ownership. Wes Williams with Colliers represented Panelmatic.<\/p>\n
This will be the corporate headquarters for Panelmatic, which manufactures electronic panels.\u00a0<\/p>\n
CONSTRUCTION AND DEVELOPMENT<\/strong><\/p>\n ![\"Placeholder\"\/](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/1750589843_18_placeholder.png\")
<\/p>\n
\n Courtesy of Stream Realty Partners\n <\/p>\n
\n Thompson Distribution Center\n <\/p>\n
Triten Real Estate Partners delivered Thompson Distribution Center, a 131K SF warehouse at 1403 Thompson Park Drive in Baytown. The building, with a 32-foot clear height and 18 dock-high doors, sits on 8 acres.\u00a0<\/p>\n
Stream Realty Partners\u2019 Tommy Erwin and Boone Smith were tapped to oversee efforts to lease or sell the center.\u00a0<\/p>\n
***<\/p>\n
CBRE secured construction financing for the development of a 144K SF manufacturing facility in Houston for Electronic Power Design.<\/p>\n
EPD is a manufacturer of low-voltage electrical distribution equipment,\u00a0helping meet demand for high-capacity electrical equipment amid an AI and data center development boom.<\/p>\n
The new facility at 430 Lockhaven Drive in Houston will be next to EPD\u2019s existing 241K SF facility. Construction has begun with E.E. Reed Construction as the general contractor.<\/p>\n
CBRE Capital Markets\u2019 debt and structured finance team, represented by John Fenoglio and Brock Hudson, secured the 85% loan-to-cost construction financing in addition to a working credit facility.<\/p>\n","protected":false},"excerpt":{"rendered":"Southeastern, a development and brokerage firm, broke ground on an\u00a0apartment community at the former site of Montrose\u2019s iconic…\n","protected":false},"author":3,"featured_media":334247,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5130],"tags":[165541,165543,165542,165540,165544,4345,10447,2981,358,3187],"class_list":{"0":"post-334246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-houston","8":"tag-arch-con-corp","9":"tag-artis-montrose","10":"tag-dcs-design","11":"tag-disco-kroger","12":"tag-focus-design-interiors","13":"tag-houston","14":"tag-montrose","15":"tag-southeastern","16":"tag-texas","17":"tag-tx"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115441533893373739","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/334246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=334246"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/334246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/334247"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=334246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=334246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=334246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}