Monday , 16 September 2019
Breaking News

Pilgrim’s Pride: Chicken Magnate Mansion to be Sold at Auction – 18,000 SF Home on 43 Acres

PITTSBURG, Texas – (Realty News Report) – A mansion that was custom-built for Lonnie Alfred “Bo” Pilgrim, founder of Pilgrim’s Pride, one of the largest chicken producers in the nation, is for sale. An 18,000-SF home in the East Texas community of Pittsburg, which is about 100 miles east of Dallas, will be sold in auction next month via Concierge ... Read More »

NAI Partners Fund Acquires Industrial Park

HOUSTON – (Realty News Report) – NAI Partners Investment Fund, through its Investment Fund III has acquired Point West Business Park, a 146,000-SF flex industrial park located just south of the Westchase District. The fund acquired the project off-market from Interra Capital Group. Andrew Pappas and Adam Hawkins of NAI Partners’ Investment Fund negotiated and closed the deal alongside Todd ... Read More »

Sealy Buys 500,000 SF Building West of Houston

HOUSTON– (Realty News Report) – An affiliate of  Sealy & Co., an industrial commercial real estate firm, acquired a 479,806 SF distribution warehouse on the west side of the Houston metropolitan area. The building is occupied by Broad Ocean, a manufacturer which is a supplier of Daikin. Daikin recently completed a 4.2 million SF air conditioning manufacturing plant in the ... Read More »

NewcrestImage Hotel Firm Breaks Ground on Office Project in North Texas

GRAPEVINE, Texas – (Realty News Report) – NewcrestImage, a hotel and real estate development company, has started construction on an 80,000 SF four-floor office building in Grapevine, within the company’s 52-acre SilverLake Crossings master-planned development, about two miles north of DFW Airport. The company’s headquarters will occupy one floor of the building when it is completed in the summer of ... Read More »

Ralph Bivins Speaking Tuesday Morning at Greenway Plaza: The Future of Houston

HOUSTON – (Realty News Report)– Ralph Bivins, author of Houston 2020: America’s Boom Town – An Extreme Close Up, will be discussing the future of Houston Tuesday morning at Greenway Plaza. “Houston is at a crossroads, facing incredible challenges as it expands to become the nation’s third largest city,” said Bivins. “Will Houston’s leaders find solutions to make it the world-class metropolis ... Read More »

Madison Marquette Tops Out 30-Story Midtown Tower

HOUSTON – (Realty News Report) – Madison Marquette along with investment partner AECOM Capital, celebrated the topping out of a 30-story for-rent residential high-rise located on a 1.16-acre site at 3300 Main Street in Houston’s Midtown district. The tower, The Travis, and will include 328 multifamily units and 15,000 SF of ground-floor retail. “Having achieved this significant construction milestone, we are ... Read More »

Mixed-Use Project – a More Modern Setting for Jeweler (and Future Tenants)

HOUSTON – (By Cynthia Lescalleet for Realty News Report) – The latest gem from Houston’s Zadok family – a mixed-use development sited at 1801 Post Oak Blvd. in Uptown Houston – broke ground this morning at an event highlighting what is to come. Plans call for a five-story, 112,000-square-foot building on the nearly 1.65-acre property the Zadoks purchased in 2011. Construction ... Read More »

Boston Firm Makes Third Acquisition in Bryan-College Station

BRYAN, Texas – (Realty News Report) – Boston-based West Shore LLC, has acquired Broadstone Traditions, a 261-unit residential community located in Bryan, a municipality located northwest of Houston. This is West Shore’s third major acquisition in the Bryan-College Station metropolitan area, an “increasingly popular hub ” for young professionals, academics and recent graduates, given its close proximity to Texas A&M ... Read More »

Real Estate Briefs – HOU, AUS, DAL, SAT and National News

Lee & Associates – Houston, a nationwide commercial real estate services firm, has been engaged by Hardy Properties at Intercontinental to lease its divisible 865,000 SF business park at 15534 West Hardy Road, Houston. ………………………………………………. NAI Partners recently arranged the lease of 13,750 SF in a standalone manufacturing building at 9797 Galveston Road for tenant Xterra Trench Shieldsi n Houston. NAI Partners’ ... Read More »

Fuller Realty Partners Acquires Another West Houston Office Building

HOUSTON – (Realty News Report) – An affiliate of Fuller Realty Partners has acquired Westchase Place, a Class A six-story office building located at 11200 Richmond Avenue, in the heart of Houston’s Westchase District. JLL’s Rudy Hubbard, Kevin McConn, and Rick Goings represented the seller, CAPSTAR Real Estate Advisors. Fuller Westchase Place, Ltd. an entity affiliated with locally based Fuller ... Read More »

Beaumont-Based Firm Buys Nine Retail Centers (758,983 SF) from REIT

BEAUMONT, Texas – (Realty News Report) – Albanese Cormier Holdings, a national commercial real estate investment company based in Beaumont, has acquired a portfolio comprising nine retail centers totaling 758,983 SF in Indiana, Michigan, Ohio and West Virginia, according to JLL. Albanese Cormier Holdings purchased the portfolio in an off-market transaction. JLL represented the seller, ShopOne Centers REIT, which specializes in ... Read More »

People in Real Estate – Via Realty News Report

HOUSTON – CBRE announced that one of the prominent Houston industrial teams, consisting of five market-leading sales professionals, has joined CBRE. The team includes Jason Dillee, Senior Vice President; Andrew Jewett, First Vice President; Cape Bell, Vice President; Nathan Wynne, Vice President and Harper Gully, Associate. Combined, the team has completed 968 transactions over the last 11 years totaling more than ... Read More »

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