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Category Archives: Houston

Drew Lewis/Griffin Brokers Create Lee & Associates Houston

HOUSTON – Veteran Houston broker Drew Lewis, along with Chris Lewis and other brokers from Griffin Partners, has opened Lee & Associates Houston, in an affiliation with Lee & Associates, a national firm. Lee & Associates Houston is comprised of brokers from Griffin Partners, a local boutique real estate player, who has partnered with Lee & Associates to open the ... Read More »

Hartman Buys a Pair of Houston Office Buildings

HOUSTON – Hartman Short Term Income Properties XX, a Houston based Real Estate Investment Trust, announced that Hartman Highway 6 LLC, an affiliate, has purchased the Timbercreek Atrium and Copperfield office buildings in Houston. Timbercreek Atrium & Copperfield are two Class B office buildings totaling 93,656 square feet. The multi-story office buildings are located in the highly desirable Northwest Houston ... Read More »

Hines Breaks Ground on 32-Story Apartment Tower in Downtown Houston

HOUSTON – Hines has broken ground on a 32-story apartment building next to Market Square Park in the northern part of downtown Houston. Designed by Ziegler Cooper Architects, the Hines tower will be built on about one-half of a block bounded by Prairie, Preston, Travis and Main. The block is known as “Block 44.” The 274-unit rental project will be ... Read More »

32 New Grocery Stores Will Be Built in Houston in 2015

HOUSTON – Houston is experiencing a retail construction boom with 32 new grocery stores, along with other retail properties in the 2015 pipeline, according to a retail survey by Wulfe & Co. Wulfe projected that 3.7 million square feet of retail space will open in the Houston area this year, a 56 percent increase over last year. Houston’s retail construction ... Read More »

N.Y. Group Buys Aloft Hotel in Houston’s Galleria Area

HOUSTON – Westpark I,  a Melville, N.Y.-based group, has purchased the Aloft Hotel near the Galleria in Houston. The seller was HEI Hotels and Resorts who will continue to manage the 152-room hotel for the new owners.  Matthew F. Keefe, President of HK Group, brokered the transaction. The hotel is located at 5415 Westheimer Road within walking distance of the Galleria. ... Read More »

2014: Record High Home Sales in Houston

The Houston Association of Realtors reported 75,319 single-family homes were sold last year, the highest annual sales total on record and a 2.8 percent increase over sales in 2013. “It was one for the record books,” Houston real agent Amy Bernstein of Bernstein Realty. “Everyone is excited about it.” Houston’s robust job growth, with about 125,000 new jobs created over ... Read More »

Citizens Invited to Vote for ULI’s “People’s Choice” Award for Favorite Houston Real Estate Projects

HOUSTON – The Houston District Council of the Urban Land Institute (ULI) will recognize some of Houston’s groundbreaking real estate developments at the January 27 Development of Distinction Awards presented by Winstead Attorneys. The public is invited to vote for their single favorite project among the finalists in the “People’s Choice” Award. The ULI awards recognize developments that exemplify best ... Read More »

Unilev Buys Building in Houston’s Westchase

HOUSTON – Unilev Capital Corporation purchased 1500 CityWest, a 192,313-square-foot, Class A ten-story office building located in Houston’s Westchase submarket. The property is located at the intersection of CityWest Boulevard and Briar Forest Drive, near the West Sam Houston Parkway. JLL Capital Markets represented the seller, Metro National with Rudy Hubbard, Vice President Kevin McConn and Associate Rick Goings led ... Read More »

Daikin/Goodman Constructing 4 Million SF, $417 Million Manufacturing Campus that Will Employ 4,000 in Houston

HOUSTON – Daikin Industries the world’s largest manufacturer of heating, cooling and refrigerant products, will build a massive, 4 million square-foot, $417 million manufacturing and logistics campus on the northwest side of Houston that will employ 4,000 people. Daikin, which owns Goodman Global, will build the campus off of U.S. 290, approximately three miles west of the Grand Parkway,  also known ... Read More »

Mischer Developing Medical Office on Houston’s NW Side

HOUSTON – Mischer Investments, LP will develop for Cypress Creek Lakes, a 29,000-square-foot medical and office development in Cypress, just northwest of Houston. Construction will commence at 19414 Cypress N. Houston Road when the project is 50% preleased. Transwestern Medical Leasing Associate Ashley Cassel will lease the property on behalf of the developer and owner, Mischer Investments of Houston. “We ... Read More »

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