Thursday , 21 March 2019
Breaking News

InterContinental Hotel Opens Near Medical Center

HOUSTON – (Realty News Report) – The 21-story InterContinental Houston Medical Center has opened on Main Street, marking the return of the upscale InterContinental brand to Space City. Developed by Medistar Corp., a Houston firm led by Monzer Hourani,  the 354-room luxury hotel is located next to the 1,345-acre Texas Medical Center, the world’s largest medical complex. “We are very ... Read More »

Seven Predictions for the Remainder of 2019

HOUSTON – (By Ralph Bivins, Realty News Report) – The first quarter draws to a close. 2019 pours out of the hour glass even though it seems like New Year’s Day was only yesterday. Nevertheless, the first quarter will be gone in about two weeks. So it’s time for a few predictions for the remainder of the year. PREDICTION ONE: 2019 ... Read More »

Oilfield Products Firm Leases 109,000 SF for Headquarters in Northwest Houston

HOUSTON – (Realty News Report) – Forum Energy Technologies has renewed its lease for 108,639 SF at 10344 Sam Houston Park Drive in Houston for its global headquarters. Transwestern’s  Doug Little and Louann Pereira provide leasing services for the landlord, Buchanan Street Partners. Sam Houston Crossing II is a 159,056-SF, Class A office building has frontage on Sam Houston Tollway ... Read More »

JLL to Acquire HFF for $2 Billion

CHICAGO – (Realty News Report) – Jones Lang LaSalle Inc. and HFF Inc. today announced that they have entered into an agreement under which JLL will acquire all the outstanding shares of HFF for $2 billion. Both firms have a significant presence in Houston and are a major forces in capital markets and the brokerage of office, land, retail and ... Read More »

Breaking News: Voodoo Doughnut Invades Houston Market; Promises to Bring “Crazy Concoctions”

HOUSTON – (Realty News Report) – World famous Voodoo Doughnut, known for its innovative doughnuts and unique culture,  is expanding into Houston. The store on Washington Avenue will be serving doughnuts 24/7 and will be Voodoo’s first ever drive-thru location. The doughnut outlet will open this summer. its Texas footprint and is excited to announce that it will be opening ... Read More »

Miami Group Buys Three Houston Apartment Complexes with “Green” Financing

HOUSTON – (Realty News Report) – Eagle Property Capital of Miami purchased three multifamily projects in Houston. The three properties are the 312-unit Landmark at Barker Cypress; the 192-unit Champions Centre Apartments and the 246-unit Champions Park Apartments. Berkadia’s Mitch Sinberg, Brad Williamson and Matthew Robbins arranged financing through Freddie Mac’s Green Advantage program, which provides better pricing for reduction ... Read More »

Historic Main Street Buildings Attract Tech Tenants

HOUSTON – (Realty News Report) – Two tech firms have leased space in the Main&Co historic redevelopment on Main Street at Commerce in north downtown Houston. leased 8,457 SF and UiPath leased 5,187 SF. NewForm Real Estate, led by Dan Zimmerman, redeveloped the buildings. The Dorrance Building, 114 Main, was completed in 1903. The adjacent Raphael Building was built ... Read More »

Tampa Firm Buys Seventh Multifamily Project in Houston

HOUSTON – (Realty News Report) – American Landmark, a fast-growing multifamily firms in the nation acquired an apartment complex near the Astrodome – the seventh Houston project for the firm. The firm purchased the 282-unit  Haven at Lakes of 610.  The seller was a joint venture of  Guefen Development and The Rainier Cos. American Landmark will rename the project “Aspire ... Read More »

Five Post Oak Park Reports Leasing Flurry

HOUSTON – (Realty News Report) – Colvill Office Properties announced 117,000 SF of leasing transactions in 2018 at Five Post Oak Park. The 28-story tower, located just east of Loop 610 near San Felipe Road, across from the St. Regis hotel and close to the River Oaks neighborhood. Shorenstein Properties LLC owns the 567,000-SF tower, which received a thorough renovation, ... Read More »

People in Real Estate: From Realty News Report

John Nicholson joined Colliers International as a principal in the firm’s industrial advisors team. Ric Guenther, based in the Houston office of Patrinely Group, was promoted to senior vice president, leading multifamily investments and selected mixed-use projects. NAI Partners announced that three of its professionals have been added to the company’s roster of partners: Nick Peterson of the Industrial Group; James Tainter of NAI Partners’ ... Read More »

Salon Firm Expanding Quickly in Houston Retail Centers

HOUSTON – (Realty News Report) – CBRE arranged five Houston locations for Phenix Salon Suites, an Encinitas, Calif.-based franchised firm with 283 locations in 34 states. CBRE’s Sydney Dixon and Brian Ashby represented Phenix Salon Suites, which is expected to open 300 location in the next two years. The company signed a 7,267 square-foot long-term lease for the entire second floor at 2101 Smith ... Read More »

Oiltanking North America Leases Space in Memorial CIty

HOUSTON – (Realty News Report) – Oiltanking North America LLC leased 23,652 SF in the Murphy Building, 9805 Katy Freeway in Memorial City, a development by MetroNational. The firm will make the move to Memorial City this year, leaving Three Allen Center in downtown. MetroNational’s Brad MacDougall and Warren Alexander represented the landlord. Andy Iversen, John Luck and Audrey Selber of ... Read More »

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