Oxford Partners is excited to announce the addition of Derek Savage as Executive Vice President. With previous experience at a REIT, Derek played an integral role in leasing over 2 million square feet across 30 properties. In his new position at Oxford Partners, he will utilize his extensive industry expertise to support the company’s growth and serve clients in various Texas markets, including Austin.
Joining Colliers’ Houston office as a Senior Associate focused on Occupier Services is Jack Parsons. He brings with him valuable experience from OldCap Property Group where he represented commercial real estate users and Finial Group where he specialized in office and industrial tenant/landlord representation.
Three leading companies – MW Builders, MMC Contractors, and BCS – are coming together under one brand name: Cerris. With offices nationwide (including Dallas) and a strong presence in the DFW area, Cerris specializes in preconstruction services such as design-build projects, general construction work,and construction management.
Newmark recently completed the sale of One & Two Westway – a 15-acre campus featuring 193,854 square feet of office space located along Sam Houston Tollwayin West Houston.The property sits between Interstate I-10and U.S.290atthe intersectionof SamHoustonTollwayand Clay Road.Its four major tenants represent diverse industries including healthcare education energy,and homebuilding; collectively occupying95%ofthe portfolio’s leasable space.
First Continental,a top lending company based out of Houston that focuses on residential lot acquisitionand development financing,recently closed its largest loan ever amountingto $41.8 million for Johnson Development Services (JDS). JDS isa well-known residential/commercial land development firmthat plans to use these funds for their latest project:a master-planned community locatedin Hockley,Texas.This marks First Continental’s biggest transaction since its inception three decades ago.
