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Category Archives: Land

Giammalva Buys 84 Acres on Interstate 10 Near Energy Corridor

HOUSTON – (Realty News Report) – A partnership led by Vincent Giammalva of Giammalva Properties of Houston has acquired 84 acres on Interstate 10 just west of the Grand Parkway, in one of the most significant land deals of 2018. Bill Byrd and Barkley Peschel of Colliers International represented the seller, Masaud Baaba, president of Omega III Investment Co. The ... Read More »

Avera’s Surge in Southeast Houston

PASADENA, Texas – (Realty News Report) – Avera Cos. plans to build a 148,000-SF distribution building at the corner of Highway 225 and Red Bluff Road in Pasadena on the southeast side of Houston. It will be built on 11.8 acres Avera just acquired. Avera, a Houston-based firm led by Trey Odom, has been exceptionally active in the southeast Houston ... Read More »

Houston’s Hottest Spot for Land Deals? – Realty News Report’s Q&A with Veteran Land Broker Stan Creech

HOUSTON – (Realty News Report) – “Buy land, they’re not making any more of it,” Humorist Mark Twain once famously said. Houston real estate legend Stan Creech doesn’t necessarily buy land; he brokers it – to the tune of $2 billion during his more than 40 years in the real estate business. Since his graduation from the University of Texas law school in 1971, Creech specializes in the sale of ... Read More »

Houston Developer Has 8,000 Acres in the Pipeline

HOUSTON – The developers of the 2,000-acre Aliana master-planned community in Fort Bend County have created a new brand, Airia Development Co. for a large agenda of future development. Airia, led by Travis Stone, president, controls 8,000 acres north of Houston for future development. Stone, who worked for Newland Communities earlier in his career, said Airia will develop multiple communities. ... Read More »

Warehouse Boom: 3 Million SF Broke Ground in Fourth Quarter, CBRE Reports: Land at $196,000 Per Acre

HOUSTON – (Realty News Report) – Warehouses totaling more than 3.3 million SF broke ground in Houston in the fourth quarter of 2017, accentuating a trend for higher industrial land prices, according to CBRE. Many of the new industrial buildings are being constructed on a spec basis, CBRE said, although Hines and Arch-Con Construction are building 600,000 SF for Emser ... Read More »

Avera Acquires Southeast Acreage for Mixed-Use Land Development

HOUSTON – (Realty News Report) – Avera Companies, a Houston-based commercial real estate development, construction and investment firm has acquired 369 acres from PPG Industries, in a major land play on the southeast side of the Houston area. The site, one of the largest remaining parcels of land in the Port of Houston area, is comprised of two tracts. The ... Read More »

The Sequel: Howard Hughes Corp. Starts The Woodlands Hills

CONROE, Texas – (Realty News Report) – Howard Hughes Corp., the developer of The Woodlands, has broken ground at The Woodlands Hills, a 2,000-acre community located about 13 miles north of The Woodlands. The Woodlands Hills will have 4,500 homes, retail development, 112 acres of open space, 20 neighborhood parks and a 17-acre Village Park. The first homes will open ... Read More »

Johnston Development Buys 1,619 Acres in Northwest Harris County for Future MPC

HOUSTON – Johnson Development Corp., a Houston community developer, has acquired 1,619 acres in northwest Harris County for what is expected to become a master planned community. The site is five miles west of the Grand Parkway and south of Highway 290, off Katy Hockley Road, said Michael Ross, Rockspring Capital’s Vice President Asset Management & Entitlements. The seller was Rockspring ... Read More »

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 »

Ten Acres Sold for Retail Project

ROSENBERG, Texas – Gamal Enterprises has acquired a 10-acre tract at the northeast corner of FM 2218 and Town Center Boulevard for a retail development southwest of Houston. The site was acquired for $1.45 million. “We knew this was going to be a successful venture because of Fort Bend County’s rapid population growth and the property’s proximity to Brazos Town ... Read More »

The Q&A with Colliers International’s Charlie Herder: The Worst May Be Over for Houston

The world felt a seismic shift on November 9 when it was announced Donald Trump had won the U.S. presidency. The election of Trump, who has never held elected office, was a major surprise since all major polls predicted the election of Secretary Hillary Clinton. So what does it mean when an outsider like Trump is elected to the most ... Read More »

Johnson Teams With Tricon to Buy 1,700-Acre Master Planned Community

McKINNEY, Texas – A partnership of The Johnson Development Corp. and Tricon Capital Group Inc. has purchased the McKinney, Texas master-planned community of Trinity Falls, the newest and largest master-planned development in Collin County near Dallas. Houston-based Johnson Development and Tricon purchased the 1,700-acre community from Castle Hill Partners, an Austin private investment firm. Upon full build-out, Trinity Falls will ... Read More »

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