Clinic specializing in wound care enters Houston market

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R3 Wound Care and Hyperbaria, 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 outpatient infection treatments. Each location has three clear acrylic single patient hyperbaric chambers for added privacy and comfort.

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

Based in Houston Industrial 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. Berkadia Houston’s Joey Rippel, Chris Young, Jeffrey Skipworth, Kyle Whitney, Todd Marix and Chris Curry marketed the properties for the Houston-based seller, 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 Real Estate Partners, a Richmond, Va.-based investment firm, acquired two Houston apartment buildings in the fourth quarter: Discovery at West Road, a 280-unit 9404 West Road complex 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 Pegasus Residential, McCann’s Atlanta-based affiliate property management company.

Based in Houston Larger investments acquired The Fuse at Park Row, a 318-unit apartment complex located at 14220 Park Row in the Energy Corridor. The property will be managed by the company’s Keener Management subsidiary.

BV Archway Real Estate Income Fund, a partnership between Dallas-based BV Capital and Houston-based Archway Properties, has 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 third-party logistics company, Delaware ABP TX Hou LLC of Marietta, Georgia. The 22,016 square foot Northern Tool + Equipment commercial property at 18780 US 59 in the Park Air 59 business park has been acquired from developer Archway Properties.

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

Grangerland Prairie LP purchased 52.5 acres on FM 3083, south of FM 2090 adjacent to Ben Milam Elementary School, in the Grangerland community of eastern Montgomery County 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 include retail along FM 3083, multi-family and single-family residential components.

Based in Dallas Rosewood Property Co. purchased a portfolio of 16 self-storage properties in 12 states, including 10,617 Fuqua in Houston and 1,289 FM518 in Kemah. The seller, Extra Space, was represented by Aaron Swerdlin, Kenneth Cox and Taucha Hogue of Newmark. Financing arranged by Talonvest Capital.

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

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