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Strongest March Ever For Houston Home Sales – On Pace for Record Year

HOUSTON – (Realty News Report) – Houston Realtors registered the strongest March ever as home sales rose nearly 5 percent in March compared to a year earlier, the Houston Association of Realtors reported. HAR reported a record 7,072 single-family sales in March, compared to 6,740 in March of 2018. Through the first quarter, year-to-date home sales were 0.3 percent of ... Read More »

Law Firm Leases Two Floors in Hines Tower Downtown

HOUSTON – (Realty News Report) – The White & Case law firm signed an 11-year lease for 57,315 SF at 609 Main at Texas, a 48-story, 1,073,075-SF office tower in downtown Houston. With the signing of this lease, 609 Main at Texas stands at 84 percent leased. The tower, which held  its grand opening in May 2017, was developed by ... Read More »

Office Tower Planned on Katy Freeway

HOUSTON – (Realty News Report) – A 13-story office tower is being planned by the Crown Castle company on the Katy Freeway, according to a document filed with the Texas Department of Licensing and Regulation. The 420,000-SF tower is being designed by the Kirsksey architecture firm. The building, which has an estimated construction cost of $55 million, will break ground ... Read More »

Madison Marquette Completes 96,000 SF of Leasing at Bank of America Center in Downtown

HOUSTON – (Realty News Report) – The Houston office of Madison Marquette announced it has negotiated 95,883 SF of lease transactions at Bank of America Center, a 56-story tower located at 700 Louisiana in downtown Houston. Madison Marquette’s John Spafford and Madeline Gregory represented the landlord, Houston-based M-M Properties, in the following transactions in recent months:  Kilpatrick Townsend & Stockton LLP, ... Read More »

Austin Firm Buys Three Office Buildings in Memorial Area

HOUSTON – (Realty News Report) – Austin-based CapRidge Partners LLC  acquired a three-building office portfolio totaling 544,291 SF in the Memorial/Tanglewood area of Houston. The portfolio includes 1616 Voss, 7500 San Felipe and 6363 Woodway. The seller, a partnership led by Unilev Capital. was represented by HFF’s Dan Miller, Marty Hogan and Johnny Kight. The three buildings, all less than ... Read More »

Wastin’ Away at a 186-Acre Margaritaville Resort at Lake Conroe – Under Development

CONROE – (Realty News Report) – A 186-acre Lake Conroe resort, with a 20-story hotel, will open next year bearing the “Margaritaville” brand. A descendent of singer Jimmy Buffett’s No. 1 hit record from 1977, the Margaritaville brand has popularized a casual dining chain, tropical footwear, beach furniture, key-lime pie mix and resort properties. The Lake Conroe Margaritaville will be ... Read More »

Texas Real Estate Briefs from Realty News Report

Houston real estate news items from Realty News Report – (see Texas statewide briefs below) Lee & Associates – Houston represented 6811-6815 Gant Road LLC in the lease of a 13,280 SF industrial manufacturing building on Gant Road. Mike Spears, Robert McGee and Mason Alsbrooks of Lee & Associates – Houston represented the landlord. The tenant was Black Diamond Real Estate, Inc. …………………………………… Lee ... Read More »

Allied Orion Buys 312 Units in the Energy Corridor

HOUSTON – (Realty News Report) – Allied Orion Group has acquired the 312-unit Alexan Ashford, now known as the Ashford Apartments from Trammell Crow Residential. The complex, built in 2017, is located in the Energy Corridor at 1200 N Dairy Ashford near Interstate 10. The project, which did not flood in Hurricane Harvey, is the firm’s first acquisition in 19 ... Read More »

Pat Hicks/Taconic JV Buys West Loop Office Tower

HOUSTON – (Realty News Report) – A joint venture of Hicks Ventures and Taconic Capital Advisors acquired 1177 West Loop South, an 18-story office tower on Loop 610 near Memorial Park and the Galleria. The seller was Spire Realty Group, a Dallas-based firm led by Caleb Smith. Spire was represented by HFF’s Dan Miller, Marty Hogan and Johnny Kight. The ... Read More »

Oil and Gas Consulting Firm Leases Space in Downtown Houston

HOUSTON – (Realty News Report) – Netherland, Sewell & Associates has renewed their lease at Fulbright Tower, the Class A office tower located at 1301 McKinney Street in downtown Houston. Netherland, Sewell & Associates, an oil and gas consulting firm, leases 25,543 SF. The firm was represented in lease negotiations by Griff Bandy of NAI Partners. “Netherland, Sewell & Associates’ ... Read More »

Arch-Con Breaks Ground on Fort Worth Power Center

FORT WORTH – (Realty News Report) – Arch-Con Corporation is building the Shops at Chisholm Trail, a 35-acre retail development by Street Level Investments. The 215,000-SF power center, which will have a movie theater, is at the corner of Chisholm Trail Parkway and McPherson Boulevard in southwest Fort Worth. The center is in a high-growth area that also draws from ... Read More »

Seniors Housing Breaks Ground in NE Houston

ATASCOCITA – (Realty News Report) – MedCore Partners and TNRG have broken ground on the Fountainwood at Lake Houston, a 190-unit senior living community near the northeast corner of West Lake Houston Parkway and Will Clayton Parkway. Situated just off the shores of Lake Houston and offering premier senior living services to the greater northeast Houston area, Fountainwood at Lake ... Read More »

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