A Locke Lord team led by Doug Yeager (Houston) represented AVERA Companies, a Houston-based commercial real estate development, construction and investment firm, on the purchase and lease of a 41.7-acre site at the entry of the Houston Ship Channel. The property, called HMS 850, is permitted for four distinct leases. Avera noted that the acquisition will accommodate the company’s need for barge fleeting and deep water terminal space. Additional team members included Jerry Higdon and Kim Englebert (all of Houston).
Posted October 20, 2016