Thursday , 25 May 2017
Breaking News

Hines Starts 135-Acre Mixed Use Project Near Dallas: Coming Soon 1.5 MSF of Office, Plus Retail and Multifamily

DALLAS – Hines is developing The Strand, a new 135-acre corporate campus and mixed-use development that will include 1.5 million SF of office, 300,000 SF of retail, and urban residential along a greenbelt and waterway. The Dallas-area site is located at 121 and Alma, in Allen, Texas. Master planned by Gensler and situated in a prime location just south of McKinney, ... Read More »

High Hurdles Face Minority Home Buyers in Texas

AUSTIN – (By Dale King) – Affordability and a lack of financing pose hurdles for minorities and the diverse Texas population that seek to buy homes in the Lone Star State, says a new report by the Texas Association of Realtors. The report shows growing diversity in household composition and ethnicity among homeowners in Texas. But the TAR’s 20-page “Texas ... Read More »

Houston Home Sales: The Best April Ever

HOUSTON — April 2017 was the strongest April in the history of Houston real estate for single-family home sales, according to the Houston Association of Realtors. The record-setting April followed a record-setting March. The strong Spring sales indicates that the Houston market is heading toward its best year on-record. A total of 6,583 single-family homes sold in April, up 3.1 ... Read More »

7-Story Buffalo Heights Mixed-Use Project Under Construction in Houston

HOUSTON – Midway, a Houston development firm, has started construction near The Heights on a 7-story mixed-use building, anchored by urban-influenced H-E-B grocery. The project, owned by the Gordy family interests, is phase one of the Buffalo Heights District, a new development located on Washington Avenue between South Heights Boulevard and Studemont Street. “We’re marking a significant milestone for Buffalo ... Read More »

Coffee and Tea Importer Leases Huge Warehouse on Loop 610 in Houston

HOUSTON – The Dupuy Group, a warehousing and logistics firm which specializes in coffee imports and food grade cargo, leased an expansion of 213,000-SF of industrial space at 3240 South Loop, near Highway 288. The firm also renewed a leased on its existing space, giving Dupuy a total of 507,723 SF at the location. David Boyd of Boyd Commercial represented ... Read More »

Law Firm Leases North Belt Space

HOUSTON – Codilis & Stawiarski, P.C., a law firm that specializes in serving mortgage lenders and servicers, leased a full floor in the 400 North Belt building in the Greenpoint area. The law firm leased 19,675-SF in the office building, which is owned by an affiliate of Hartman Income REIT, a Houston-based firm led by Al Hartman. Brandi McDonald, with ... Read More »

Patrinely Group Delivers New Multifamily Project in West Houston

HOUSTON – Patrinely Group, a Houston-based firm that has developed 4,300 apartment units around the nation, delivered Folio West, a 266-unit multifamily complex at 2525 Citywest Boulevard with frontage on Westheimer Road. The project is owned by Crimson Real Estate Fund and its co-investment partner USAA Real Estate Co., Realty News Report has learned. The four-story project, designed by LRK ... Read More »

Average Monthly Rent for Houston Apartment Down $38 Over Last Year

HOUSTON – (By Dale King) – The average rent for an apartment in Houston has dropped $38 a month over the last 12 months, says a report by the Axiometrics, multifamily data firm. The cost of an average rental unit in Houston was $1,060 a month in March down from the $1,098 recorded in March 2016, the Axiometrics report says. ... Read More »

Avera Construction Delivers Office Building for Bihner Chen Engineering

HOUSTON –– Avera Construction of Houston recently completed an 8,650 SF design-build office building for Bihner Chen Engineering Ltd. Situated on a 1.7-acre site, the building is located in Katy, on the west side of Houston. In Katy, Avera also recently developed a 60,000-SF build-to-suit industrial building for ABC Supply. Avera Construction is an integral part of Avera Companies – ... Read More »

New Office Building Under Construction in Sugar Land

SUGAR LAND, Texas – E Contractors has broken ground on a 22,000 SF office building in the Sugar Land community in Fort Bend County. Located in the Lake Pointe area near the northwest corner of Highway 6 and U.S. 59, the two-story structure will have a modern glass exterior and steel construction. E Contractors is both the builder and developer ... Read More »

Former Dallas Cowboys, Shaw and Staubach, Developing Residential Tower

  DALLAS – Roger Staubach and Robert Shaw – two former Dallas Cowboys – along with Cowboys owner Jerry Jones are developing a high-rise apartment project in north Texas, reports Steve Brown of the Dallas Morning News. The apartment tower will be located at The Star, a $1.5 billion development that includes the Cowboys headquarters, an Omni hotel, office space, ... Read More »

The Answer to Houston’s Drainage Problems? – New ULI Report Details Sustainable Solutions; Highlights Houston Project

HOUSTON – Green stormwater management could be the answer to Houston’s drainage and flooding issues, according to a new in-depth national study by the Urban Land Institute research organization. The report, “Harvesting the Value of Water: Stormwater, Green Infrastructure and Real Estate,” cited the 51-acre Stonebrook Estates community in suburban Houston because its innovative drainage systems withstood the heavy rains of ... Read More »

Scroll To Top