Real estate transactions: Apartment project planned in Kingwood

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Real estate transactions: Apartment project planned in Kingwood
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See the latest sales, leasing and brokerage activity in the Houston area.

purchased 10.8 acres in Kingwood Place, an H-E-B-anchored center at the southwest corner of U.S. 59 and Northpark Drive, for a 300-unit apartment development in northeast Houston. Chris Bergmann Jr. of JLL represented the buyer. Joan Collum of Collum Commercial represented the seller, Austin-based Stratus Properties.

“We are excited to continue growing our portfolio of multifamily properties in the Houston Metro area,” Khalid Kajani, principal at Kajani Capital, said in an announcement. “With several of the best retail anchor tenants, restaurants, and other amenities, this development will meet all the future tenant’s needs in one place.”leased 22,314 square feet of office space at 13100 Space Center Blvd. Trey Martin of Partners Real Estate represented the tenant.

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