Sunday , 22 January 2017
Breaking News

Category Archives: Houston

The Houston Ship Channel’s Emerging Land Shortage – Q&A with John Nicholson of Avera

Could Houston be facing a shortage of land in some real estate sectors?  Crazy as it seems for ever-expanding Space City, it could be possible, especially in a hot market such as the Houston Ship Channel.  To find out, Realty News Report contacted one of the city’s long time industrial brokers — John Nicholson, Executive Vice President of Development at ... Read More »

Credit Card Firm Leases Office Space in Greenspoint Area

HOUSTON – Vantiv LLC, a Cincinnati-based credit card processing company has leased 41,000 SF of office space at Reserve at Greens Crossing in the Greenspoint area north of Houston. Transwestern’s Michelle Wogan and Monte Calvert negotiated the lease for the ownership, a joint venture between Miami-based Banyan Street Capital and funds managed by Oaktree Capital Management. The Vantiv lease brings ... Read More »

Hakimee Buys Manufacturing Building Near Airport

HOUSTON – Hakimee Real Properties of Houston has acquired a manufacturing facility near Houston Intercontinental Airport on the north side of Houston. The 57,000-SF building sits on a 4.6-are site at 2330 Peyton Road. John Ferruzzo and Michael Keegan of NAI Partners represented the seller, ArrowRock Tres-Industrial. Mansur Hussain of Hutaib USA represented the buyer. Jan. 18, 2017 Realty News ... Read More »

Hines Gains Another Tenant as New Houston Skyscaper Nears Completion in Downtown

HOUSTON – Russell Reynolds Associates, a leading global search and leadership advisory firm, has signed a 10-year lease for 15,000 square feet on the 35th floor of 609 Main at Texas, the new downtown office tower developed by Hines. Russell Reynolds Associates was represented in lease negotiations by John Burke of JLL. Michael Anderson and Damon Thames with Colvill Office Properties ... Read More »

Trump, Oil Prices and a Record-Setting Year for Home Sales: Q&A with Houston Association of Realtors Chair Cindy Hamann

HOUSTON (By Dale King) – Houston Realtors just finished up their best year ever. Even though the local economy – and the energy industry – had a bumpy ride, 76,449 single-family homes were sold in 2016, shattering the previous annual sales record set two years earlier. With an abundance of optimism, Cindy Hamann kicked off 2017 as the new chair ... Read More »

Work Redefined: The Creative Office Space of the Future

HOUSTON – (By Michelle Leigh Smith) – Alchemy and amenity-rich environments were showcased by four heavy hitters in the design/development world at GreenStreet – the mixed-use project developed by Midway Cos. in downtown Houston. Midway’s CEO Jonathan Brinsden welcomed John Lewis of WeWork, Dean Strombom, a principal of the Gensler architecture firm, and Mark Motonaga, a principal with Rios Clementi ... Read More »

Dine-In Theater to Anchor Final Phase of Vista’s LaCenterra Development

HOUSTON — Houston‐based developer Vista Equities Group and Amstar Group, its equity partner, are preparing to start development on the final phase of its LaCenterra at Cinco Ranch mixed-use development on the Grand Parkway. The last phase will be anchored by a 37,000 SF Alamo Drafthouse Cinema, which will have eight auditoriums and an adjacent bar with outdoor patio seating. ... Read More »

Airtex Industrial Site Sold

HOUSTON – Fleet Management Co. has purchased 9.2 acres at Airtex Commerce Center – Phase II located at 431 E. Airtex Drive where a Penske rental and equipment maintenance facility will be built. The seller, Molto Properties, was represented by Walker Barnett and Ryan Byrd of Colliers International. Glynn Mireles and Richard Warren of CBRE represented the buyer in the transaction. Molto originally purchased a ... Read More »

Patrinely to Develop New Campus for HP in Springwoods Village

HOUSTON – A 378,000-SF office campus for the HP computer firm will be developed in the Springwoods Village mixed-use project north of Houston. The 2,000-acre Springwoods Village, developed by CDC Houston, is the site of the new 3 million SF Exxon Mobil campus. The HP campus, where 2,400 HP employees will work, will be developed a joint venture led by ... Read More »

Atlanta REIT Sells Three Houston Buildings for $272 Million

HOUSTON — Columbia Property Trust has sold three Houston office properties to Spear Street Capital for $272 million. The buildings, which total approximately 1.2 million SF, include 5 Houston Center, Energy Center I, and 515 Post Oak Boulevard. While our Houston properties have been strong performers over the years, we have shifted our focus to select high-barrier markets as we ... Read More »

Skanksa’s New Downtown Tower Solidifies Firm’s Houston Activity: Q&A with Skanska’s Matt Damborsky

HOUSTON – Bank of America is poised to become an anchor tenant in Skanska’s proposed Capitol Tower office building in downtown Houston, where vacancy rates have been rising and Hines is delivering a new 1 million SF tower in the first quarter. The Skanska site is bounded by Capitol, Rusk, Milam and Travis streets. The foundation for the new tower ... Read More »

Realty News Report’s Legends of Real Estate Awards: Texan of the Year – John Goff, Crescent Real Estate

THE LEGENDS OF REAL ESTATE AWARDS 2016 – Ralph Bivins, editor of Realty News Report, has selected the most significant people, projects, deals and ideas of the Houston real estate market for 2016. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments. LEGEND: TEXAN OF THE ... Read More »

Scroll To Top