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Category Archives: Land

Rockspring Invests in 157-acre Tract

HOUSTON – Rockspring Capital, a privately-owned real estate investment firm based in Houston, has acquired a 157-acre site in the Houston submarket of Katy. The tract, suited for single-family residential, is located off of Katy Hockley road, just north of FM 529. This property is adjacent to the 2,705-acre Newland Communities site and is within the Katy Independent School District, which ... Read More »

New 2,700-acre Community on 288 Corridor South of Houston to Break Ground in 2015

HOUSTON – Rise Communities is planning a 2,700-acre master planned community near Highway 288, about 20 miles south of Houston. The project, called Meridiana, is projected to have more than 1,300 acres for single-family home building, more than 60 acres for commercial, about 25 acres for multifamily and other significant development. Rise Communities, based in Henderson, Nev., anticipates having Meridiana ... Read More »

Hearst Selects HFF to Market Houston Chronicle Downtown Property

HOUSTON – Hearst Corp. has selected the HFF commercial real estate brokerage firm to handle the sale of its Houston Chronicle property in downtown Houston. Hearst interviewed a number of Houston’s leading commercial real estate brokers before selecting HFF, a national firm with a strong local office. The 10-story Chronicle building, 801 Texas Ave., covers a full city block and ... Read More »

The Woodlands, Part 2: Home Sales Begin in 2016 for 2,000-acre Project by Woodlands Developers

THE WOODLANDS, Texas – Howard Hughes Corp., the developers of The Woodlands, announced home sales will begin in 2016 for a 1,996-acre project north of Houston, near Conroe. In May 2014, Howard Hughes Corp. acquired 1,343 acres of undeveloped land located 13 miles north of The Woodlands for  $67.2 million from the Hendricks brothers. Howard Hughes added to the parcel ... Read More »

The Woodlands, Part 2: Woodlands Developer Buying 2,000 Acres for Community 13 Miles North of The Woodlands

THE WOODLANDS, Texas – The developer of The Woodlands is buying 2,000 acres for a sequel to Houston’s largest master planned community. The site, where home sales will begin in 2016, is 13 miles north of The Woodlands on the west side of Interstate 45 near League Line Road and the Conroe community. The owner of The Woodlands, Dallas-based Howard ... Read More »

$200 Million Dirt? — Exxon Mobil Selling Off Premier Infill Site in Houston with JLL

HOUSTON – One of the finest infill development sites in Houston – an Exxon Mobil research campus between the Galleria and downtown – is going on the market. The Real Estate Alert newsletter said the parcel – almost 17 acres along Buffalo Speedway – could bring as much as $200 million, a phenomenal price that would set a new standard ... Read More »

The Hottest Half-Mile in America: Lakes On Post Oak Sell-Off Continue Deal Parade

HOUSTON – The Lakes on Post Oak, located just south of Houston’s Galleria, is trading hands and Trammell Crow Residential is making a play on the four acres of development land there – in what may be the hottest strip of real estate in the nation this summer. The 23-acre development, developed by Hines, consists of three office buildings totaling ... Read More »

Texas Triangle Industrial Site Purchased

SEGUIN, Texas – Rockspring Capital, a privately-owned real estate investment firm based in Houston, has purchased a 121-acre industrial, development-ready site in Seguin, Texas. Rockspring Capital acquires with all cash in markets within the “Texas Triangle” – Houston, Austin, San Antonio and Dallas/Ft. Worth. The Seguin site is about 160 miles west of Houston, 40 miles from San Antonio and ... Read More »

Hillwood Starts New 1,000-acre Pomona Community South of Houston; Deal Comes Only Weeks After Hillwood Sold Off Sienna Plantation for $78 Million

MANVEL, Texas – Hillwood Communities, in partnership with McGuyer Homebuilders Inc. has announced plans for its first Houston-area master-planned community, Pomona off of Highway 288 in Manvel, south of Houston. Hillwood describes the 1,000-acre project as a “relaxed coastal community.” The $700 million project will have 2,100 single-family homes. The first phase of Pomona will break ground in spring 2014 ... Read More »

Toll Brothers Group Buys 3,700 Acres in Fort Bend – Reported Price Tag is $78 Million

HOUSTON – Toll Brothers, Inc., a leading builder of upscale homes, in a joint venture with GTIS Partners, have acquired the 3,700-acre Sienna South, the last major undeveloped parcel of Sienna Plantation master planned community in Fort Bend County. The purchase price was not disclosed but the Wall Street Journal pegged the value of the deal at $78 million. The ... Read More »

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