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Category Archives: Houston

The Evolution of Office Space: What Today’s Tenant Want

LAS VEGAS – (Realty News Report) – Offices today are more varied, with open floor plans and fewer – and more compact – offices. Building lobbies are being expanded and shops are no longer hidden behind walls. And fitness centers– long relegated to some of the worst space in a building — are now located prominently in the building with ... Read More »

Senior Living Developer Buys One of Final Remaining Tracts in MPC

PEARLAND, Texas – Larkspur Shadow Creek LLC has acquired a tract of land in the Shadow Creek Ranch community south of Houston for the development of a seniors living facility. The site, near the northeast corner of Shadow Creek Ranch Parkway and Kingsley, is one of the last commercial reserve tracts in the 3,300-acre Shadow Creek Ranch, now in its ... Read More »

McNair Interests Developing High-Rise Mixed-Use Development in Uptown Houston

HOUSTON – (Realty News Report) – McNair Interests, a firm founded by Houston Texans owner Bob McNair, is planning a high-rise mixed-use development near the Galleria. The project, located on six acres at the corner of Post Oak Boulevard at Richmond Avenue, will include a 180-room luxury Rosewood Hotel, 80 condominiums, multifamily units, retail and an 18-story office tower with about ... Read More »

Arch-Con Tops Out Hotel Project Near Texas Medical Center

HOUSTON – Arch-Con Construction of Houston has topped out the 16-story Residence Inn Medical Center. The 182-room hotel is developed by Moody National Cos., a Houston firm led by Brett Moody. The hotel, located within walking distance of NRG stadium, will be complete in February before the Houston Livestock Show and Rodeo, said Michael Vaughn of Arch-Con. “We are on ... Read More »

Coca Cola Plans Major Plant in Hines Business Park, Leaving Prime West U Site

HOUSTON – (Realty News Report) – Coca-Cola Co. has announced plans to develop a major bottling facility in the Pinto Business Park, a Hines development in north Houston. Importantly, the move will free-up prime acreage now occupied by the existing Coca-Cola plant in the Inner Loop of Houston. Since 1950, Coca Cola Bottling has operated on what is now ultra-prime ... Read More »

40 Years of Designing Urban Houston: Q&A with Scott Ziegler of Ziegler Cooper Architects

HOUSTON – (Realty News Report) – Years before it was fashionable, Scott Ziegler, AIA, Senior Principal at the Urban Residential Studio of Houston-based Ziegler Cooper Architects (ZCA) and his college roommate, Michael Cooper, were urbanists. Four decades ago, the duo began the firm that still bears their name and has since master planned, designed, and constructed multifamily apartments, lofts, high-rise ... Read More »

Mid-range Priced Homes Drive Soaring Houston Housing Market, Metrostudy Reports

HOUSTON – (By Dale King, Realty News Report) – For the 12 months that ended in the first quarter of 2018, Houston remained the second highest volume new-home market in the country, with only Dallas/Fort Worth achieving a greater number of home starts. If that was the only good thing reported about the Bayou City during last week’s “Metrostudy Housing ... Read More »

Burlington Re-Opens East Houston Store Devastated by Hurricane; Hires 75 People

HOUSTON – (Realty News Report) – Burlington Stores, a national off-price retailer, will re-open its east Houston store Friday after extensive repairs and remodeling following damage from Hurricane Harvey. Burlington said 75 employees have been hired to work at the re-built store, 12001 East Freeway, and another 20 or 25 will be hired shortly. “This store was devastated by Hurricane ... Read More »

The Restaurant Rampage in Houston: More Openings Coming Fast

HOUSTON – (Realty News Report) – Houston continues to attract new restaurants at a rapid clip that would impress any fast-food operator. “The fast-casual dining sector looks to remain red-hot with concepts such as Uberrito, Checkers & Rally’s, Salata and B. Good expanding or moving into the Houston market,” Transwestern said in its first quarter retail report. “However, this trend ... Read More »

Black Creek Group Buys Crow Development

HOUSTON – (Realty News Report) – Black Creek Group, a Denver-based investment and development firm, acquired Stafford Grove Industrial Park, three warehouse buildings totaling 351,960-SF in Stafford on the southwest side of Houston. The seller, an investment group led by Crow Industrial Holdings, was represented by Trent Agnew and Rusty Tamlyn of HFF, along with HFF analyst Dane Petersen. The ... Read More »

CenterPoint Buying Vecren Corp. for $6 Billion

HOUSTON – (Realty News Report) – CenterPoint Energy, a Houston-based gas and electricity utility company, will acquire Vecren Corp. for $6 billion. The deal will give CenterPoint reach into Midwest markets served by Vecren, a utility company based in Evansville, Ind. Vecren shareholders will receive $72 per share. The corporate headquarters will continue to be in Houston, where CenterPoint has ... Read More »

Lease-Up at 5300 Memorial

HOUSTON – (Realty News Report) – The 5300 Memorial, an office building just west of Shepherd Drive, has gained several new tenants to reach 84 percent occupancy. The landlord, Equus Capital Partners, is represented by Russell Hodges and Jessica Ochoa of JLL. Plavnicky, Kinzel & Makowski, represented by Vincent Gyorgy of NAI Partners, leased 5,054 SF. … Spain, Price, Reader ... Read More »

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