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News release


JLL Closes Sale and Financing of Marq*E Entertainment Center in Houston

Retail developer to configure into Class A complex

HOUSTON, June 17, 2014 –  The global real estate investment market continues to improve and is displaying exceptional liquidity in pursuit of prime assets in core markets across the United States.  Keeping pace with the trend, JLL’s Capital Markets experts today announced that the firm sold Marq*E Entertainment Center on behalf of Canyon Capital Realty Advisors LLC and Fidelis Realty Partners and financed the acquisition on behalf of the buyer, HCL-MarqE, LLC.The 351,811-square-foot shopping and entertainment center is located in Houston.
JLL’s Managing Director George Cushing led the sales team on the transaction, along with Vice President Wendy Vandeventer..  Executive Vice President Jimmy Board also arranged financing on behalf of the new owners..
The property is located at the northeast corner of I-10 West (Katy Freeway) at Silber Road in one of Houston’s best performing and most sought after retail, office and residential corridors. 
“Marq*E is a strong performing asset that has the components of location and design that will allow the site to be reconfigured into a class A mixed-use development,” said Cushing.

“This sale is a great example of the effectiveness of JLL’s integrated Capital Markets platform.  JLL was able to work together to structure a loan that insured execution for the seller as well as provide the ultimate buyer with the desired structure to accommodate its acquisition and re-development vision,” said Board.

The high-profile location has over 1,800 feet of frontage exposure along I-10 and is home to established anchor tenants including Edwards Cinema, Dave & Buster’s and LA Fitness, as well as national retailers Bank of America, Chick-Fil-A, Subway, Cricket, T-Mobile, Panda Express and Red Robin.  

About JLL Capital Markets

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe. For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center web page:

About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit 

About Canyon Capital Realty Advisors LLC

Canyon Capital Realty Advisors LLC (“CCRA”) is an affiliate and the real estate direct investing arm of Canyon Partners, LLC (“Canyon”). Canyon and its affiliates, including Canyon Capital Advisors, are investment management firms and registered investment advisors headquartered in Los Angeles, California, with approximately $23 billion in assets under management. For more information, visit 

About Fidelis Realty Partners

Fidelis Realty Partners (Fidelis) provides comprehensive services to commercial real estate assets. Fidelis' current portfolio of commercial real estate consists of approximately 6.5 million square feet, with over 2.3 million square feet under acquisition, development or pre-development. Fidelis services properties in 8 cities in three states, Texas, New Mexico and Louisiana, and has approximately 50 assets in its portfolio. The majority of the properties are in the greater Houston metropolitan area, where Fidelis is headquartered. For more information, visit