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Category Archives: Office

Oilfield Products Firm Leases 109,000 SF for Headquarters in Northwest Houston

HOUSTON – (Realty News Report) – Forum Energy Technologies has renewed its lease for 108,639 SF at 10344 Sam Houston Park Drive in Houston for its global headquarters. Transwestern’s  Doug Little and Louann Pereira provide leasing services for the landlord, Buchanan Street Partners. Sam Houston Crossing II is a 159,056-SF, Class A office building has frontage on Sam Houston Tollway ... Read More »

Oil Out; Tech In — Some Positive News for Greenway Plaza

HOUSTON – (Realty News Report) – A trio of new tenants are further enriching an emerging tech and innovation ecosystem at Houston’s Greenway Plaza, the urban, 52-acre campus, operated by Parkway Property Investments, LLC  and located near the Southwest Freeway and Buffalo Speedway. The announcement comes after Greenway Plaza digests a string of bad news about tenants leaving Greenway Plaza, ... Read More »

New Office Tower Breaks Ground in Houston’s Inner Loop

HOUSTON – (Realty News Report) – Stonelake Capital Partners held a ground breaking celebration Wednesday for Park Place Tower, a 15-story, 210,000-SF Class-AA office building located “inside the loop” at 4200 Westheimer Road within the Park Place | River Oaks development. Park Place | River Oaks is an 11.5-acre mixed-use development at the intersection of Westheimer Road and Mid Lane in ... Read More »

Houston’s Emerging Future: Q&A with Dan Bellow of JLL

HOUSTON – (Realty News Report) – Houston is at a cross roads. The office market is still recovering from the energy slump. The energy sector, battered by price fluctuations over the past several years, seems to be stabilizing. The Texas Medical Center, a pillar of the city’s economy, is expanding. What does this all mean for the future? Realty News ... Read More »

Hines’ New Skyscraper and the Future of Downtown Houston: Q&A with Tim Relyea of Cushman & Wakefield

HOUSTON – (Realty News Report) – On Wednesday, July 17, 2018, Hines and partner Ivanhoé Cambridge, announced construction of a new, 47-story, 1 million-SF office tower on the former site of the Houston Chronicle building downtown. While law firm Vinson & Elkins, signed a lease for 212,000 square feet and Hines will take 155,000 square feet, the new construction occurs ... Read More »

Hines Starting New Downtown Skyscraper on Former Houston Chronicle Site

HOUSTON – (Realty News Report) Hines has announced plans to start development on downtown Houston’s next skyscraper – a 1 million-SF tower built on the former site of the Houston Chronicle building, which has been demolished. Hines, a real estate development firm founded in Houston in 1957, will move its own headquarters into the new 47-story building, leaving the Williams ... Read More »

Nokia Leases 350,000 SF in Billingsley’s Cypress Waters Project

DALLAS — (Realty News Report) – The City of Dallas and Billingsley Company, developer of Cypress Waters, announced that Nokia signed a lease for 350,000 SF to consolidate its Dallas-Fort Worth Metroplex operations and move its North American headquarters to Cypress Waters. Nokia will occupy two buildings in The Sound at Cypress Waters – the new lakefront, mixed-use neighborhood with ... Read More »

Simmons Leases Space in New Hines Tower in Downtown Houston

HOUSTON – (Realty News Report) –  Simmons & Company International | Energy Specialists of Piper Jaffray leased  31,000 SF at 609 Main at Texas, the new 48-story office tower developed by Hines in downtown Houston. Simmons, an investment banking and financial advisory firm, will move into the  1,073,075-SF building this fall. Michael Anderson and Damon Thames with Colvill Office Properties ... Read More »

Brookfield Acquires Houston Center for $875 Million; Major Redevelopment Planned

HOUSTON – (By Ralph Bivins, Realty News Report) – Brookfield Property Partners has finalized its acquisition Houston Center, a collection of four downtown skyscrapers and a 200,000-SF retail center. The $875 million sale of the 4.2 million SF Houston Center is one of the biggest real estate transactions ever completed in Houston. Brookfield is expected to spend heavily – well ... Read More »

Stewart Title Moving HQ to Four Oaks Place

HOUSTON – (Realty News Report) – Stewart Title has leased 156,000 SF of office space in the Four Oaks Place complex for its near headquarters location. Stewart’s new offices will be subleased from BHP Billiton at 1360 Post Oak Boulevard in the Uptown Houston area. The move will occur at midyear 2019. “Stewart’s associates drive the company’s growth and it’s ... Read More »

Huge Rainwater Harvesting Cistern and Rooftop Park for New Houston Tower

HOUSTON – A 50,000-gallon rainwater harvesting cistern will be installed – along with  a green rooftop park – at the new Skanska skyscraper under construction in downtown Houston. The captured water will be used to sustain the 24,000-SF Sky Park at Capitol Tower, which will be located on the 12th story above street level. OJB Landscape Architecture designed the park, ... Read More »

With a 300 Percent Increase, Houston Ranks No. 4 in Investment Sales, Avison Young Reports

HOUSTON – (By Dale King, Realty News Report) – Investment sales at midyear were up 300 percent in Houston, which now ranks fourth in the nation in investment sales, according to a new Avison Young study. While the fall-out from low oil prices plagued the Houston market last year, and investors shied away because of uncertainty about the whether Houston ... Read More »

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