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Real estate transactions: Wound care specialty clinic enters Houston market – Houston Chronicle

R3 Wound Care and Hyperbarics, a provider of advanced wound care and hyperbaric oxygen therapy services, entered the Houston market with clinics at 215 Kingwood Executive Drive in Kingwood and 8540 Broadway in Pearland.

R3 specializes in wound healing, post-surgical wound care, diabetic ulcer treatment and infection treatments in an outpatient setting. Each location has three single-patient clear acrylic hyperbaric chambers for privacy and comfort.

The therapy delivers pressurized oxygen to injured areas of the body to aid in the healing process. The company has expanded to seven clinics in Texas since opening in San Antonio in 2014.

Houston-based Indus Management acquired two apartment complexes in southwest Houston: The Alora, a 400-unit property at 5500 El Camino Del Rey, and The Ellis, a 287-unit complex at 5900 Bissonnet. Joey Rippel, Chris Young, Jeffrey Skipworth, Kyle Whitney, Todd Marix and Chris Curry of Berkadia Houston marketed the properties for the seller, Houston-based Barvin Group. The Alora has units ranging from 500 square feet to 1,300 square feet, while units at The Ellis range from 721 square feet to 1,147 square feet.

McCann Realty Partners, an investment firm based in Richmond, Va., acquired two Houston apartment properties in the fourth quarter: Discovery at West Road, a 280-unit complex 9404 West Road adjacent to Sam Houston Tollway, and Haven at Eldridge, a 246-unit complex at 13115 Whittington Drive in the Energy Corridor. The properties will be managed by McCann’s Atlanta-based affiliate property management company Pegasus Residential.

Houston-based Keener Investments acquired The Fuse at Park Row, a 318-unit apartment complex at 14220 Park Row in the Energy Corridor. The property will be managed by the firm’s Keener Management subsidiary.

BV Archway Real Estate Income Fund, a partnership between Dallas-based BV Capital and Houston-based Archway Properties, acquired four fully-leased single-tenant assets in Texas, including two in Houston. The fund acquired 650 Gellhorn, a five-building, 161,626-square-foot industrial complex occupied by a third-party logistics firm, from Delaware ABP TX Hou LLC of Marietta, Ga. The 22,016-square-foot Northern Tool + Equipment retail property at 18780 U.S. 59 in the Park Air 59 business park was acquired from developer Archway Properties.

Griffin Partners, a Houston-based commercial real estate investment, development and property management firm, announced the sale of the 66,920-square-foot single-tenant manufacturing facility at 18210 Beaumont Highway to an undisclosed buyer. Tom Lynch, Brad Smith and Bryan Strong of CBRE represented Griffin Partners in the sale. The property was developed by Griffin as a build-to-suit, the first U.S. location for North West Rubber, a Canada-based manufacturer and distributor of recycled rubber products. North West Rubber will continue to occupy the plant.

Grangerland Meadow LP purchased 52.5 acres on FM 3083, south of FM 2090 adjacent to Ben Milam Elementary School, in east Montgomery County’s Grangerland community for a mixed-use development called Grangerland Meadows. Ron Brown and Mitchell D. Oxman of MHW Brokerage Services represented the buyer. Martha Wright of Walzel Properties represented the seller, Doris Bodenhamer. The project will consist of retail along FM 3083, multifamily and single-family residential components.

Dallas-based Rosewood Property Co. purchased a 16-property self-storage portfolio in 12 states, including 10617 Fuqua in Houston and 1289 FM518 in Kemah. The seller, Extra Space, was represented by Aaron Swerdlin, Kenneth Cox and Taucha Hogue of Newmark. Talonvest Capital arranged financing.

Bruser Properties purchased a 2,100-square-foot office/warehouse at 948 W. 26th St. in the Heights. David Gerber of Gerber Realty represented the seller, HCB Interests. Robert Torres of Realty Executives represented the buyer.

Harris County Facilities and Property Maintenance leased 41,995 square feet at Northwest Industrial Park, at 5730 Campbell Road. Garret Geaccone and Boone Smith of Stream Realty Partners represented the landlord, Sealy & Co.



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