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Avison Young Acquires GVA Firm for International Expansion

TORONTO – (Realty News Report) – Avison Young has acquired U.K.-based GVA, one of the U.K.’s leading real estate advisory businesses. Avison Young, with the acquisition, expands to 5,000 professionals with 120 offices in 20 countries. “Avison Young’s acquisition of U.K.-based GVA elevates our Houston office to a whole new level. The acquisition allows us to better serve our corporate ... Read More »

Total Signs 305,680-SF Lease in Downtown Houston

HOUSTON – (Realty News Report) – Brookfield Properties announced that Total, part of the French energy giant, renewed and expanded its lease for its U.S. corporate offices at Total Plaza in downtown Houston. Under the terms of the new agreement, Total will retain its naming rights and lease 305,680 SF of office space, an expansion of 48,452 SF. Total has ... Read More »

Major Energy Corridor Sale: Granite Buys 825,000-SF Eldridge Place

HOUSTON – (Realty News Report) – Granite Properties has acquired Eldridge Place, an 824,632-SF,  three-building office complex in the heart of the Energy Corridor in West Houston for $78.4 million. Jeff Hollinden, Senior Managing Director and Martin Hogan, Senior Director of HFF represented the seller, TIER REIT of Dallas. Located at 737, 757 and 777 N. Eldridge Parkway, the complex has ... Read More »

For Sale: A Stake in AT&T’s World Headquarters in Dallas

DALLAS – (Realty News Report) – The investors who bought downtown Dallas’ 37-story AT&T Plaza last summer are offering to sell up to a 90 percent stake in the building, according to CBRE’s John Alvarado. The 935,000-SF building is leased to AT&T until 2031, reports Steve Brown of the Dallas Morning News. It has been AT&T’s world headquarters since 2008. ... Read More »

Mendocino Farms Upscale Sandwich Shop Leases Hines Space Downtown – Third in Calif. Group’s Fast Rollout in Houston

HOUSTON – (Realty News Report) –  Mendocino Farms Sandwich Market, an upscale, fast-casual restaurant known for responsibly sourced, chef-driven sandwiches and salads, leased space in Hines’ 609 Main at Texas building in downtown. It will be the third Mendocino Farms eatery in Houston, which currently operates only in California. This summer, Mendocino Farms will open in Eden’s Uptown Park center and ... Read More »

From GreenStreet to Midtown’s Old Sears – The Innovation District Evolving Quickly

HOUSTON  — (Realty News Report) – MassChallenge, a startup accelerator that will nurture and launch inventors and entrepreneurial ventures, is opening a facility in GreenStreet, a mixed-used property in downtown Houston. The MassChallenge location at GreenStreet will represent the northern point of Houston’s new Innovation Corridor, a four-mile stretch of Houston from downtown to the Texas Medical Center. MassChallenge, which ... Read More »

Law Firm Leases Space in the Tallest Office Tower in Texas

HOUSTON – (Realty News Report) – Colvill Office Properties has closed on a 134,763-SF office lease renewal by Hunton Andrews Kurth at 600 Travis, a 75-story Class A office building in Houston’s Central Business District. The tower, developed by Hines, is the tallest building in Texas. The Texas-based Hunton Andrews Kurth international law firm, founded in 1902, has occupied the 1.6-million-SF office ... Read More »

48-Story Project Underway by Medistar in Texas Medical Center

HOUSTON – (Realty News Report) – Medistar Corp. will begin construction later this year on Innovation Tower, a 48-story, 1.6 million SF mixed-use project on Main Street by the Texas Medical Center, according to the Transwestern real estate firm. Innovation Tower will be located at 6700 Main Street, the site of the Sure Stay Plus by Best Western hotel, which ... Read More »

New Amenity-Loaded Office Towers Move Houston Market to “Reclassification” of Office Properties

HOUSTON –  (Realty News Report) – Downtown’s Houston office market is about to be redefined by a commercial real estate brokerage because new office towers have raised the bar for prime office properties. CBRE, the largest commercial real estate brokerage in Houston, is going to tackle a “reclassification” of office properties in downtown in 2019, says Cody Armbrister, CBRE’s senior managing ... Read More »

Houston Police Break Ground on Training Center Hours Before Officers Shot in Narcotics Operation

HOUSTON – (By Dale King, Realty News Report) – Just hours before four police officers were shot in narcotics operation Monday afternoon, city officials broke ground on a new police tactical training center. The Houston officers remained hospitalized   Tuesday at Memorial Hermann, with two officers in critical condition. Two suspects were killed as gunfire was exchanged with police at ... Read More »

Anadarko Leases 300,000 SF in Mile High City

DENVER – (Realty News Report) – Anadarko Petroleum Corp. of Houston signed Denver’s biggest office  lease in  2018, taking 300,000 SF in Granite Tower, a 31-story downtown tower. Jim Bailey, vice chairman for Cushman & Wakefield in Houston, represented Anadarko. Bailey said planned renovations by building owner KBS, would improve the tower significantly. “The commitment by KBS to make significant improvements ... Read More »

Hines Developing 46-Story Multifamily Tower in Downtown Houston

HOUSTON – (Realty News Report) – Hines is preparing to break ground on a 46-story residential tower on the site of the former Houston Chronicle parking garage. The 373-unit project – completion is slated for August 2021 – is designed by House + Partners, a Houston architecture firm. The old parking garage, which was used by Chronicle employees including this ... Read More »

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