Wednesday , 30 July 2014
Breaking News

MetroNational Showcases Green “Treehouse” Office in Memorial City

HOUSTON – MetroNational, the developer of Houston’s Memorial City, has completed The Treehouse, a sustainable office building serving as a collaborative hub for the Houston development firm and shine as a green landmark for the Memorial area. Expected to earn LEED Platinum status for its advanced green elements, The Treehouse – a two-story, 14,700-square-foot building at 963 Bunker Hill in ... Read More »

RNR Apartment Briefs

HOUSTON – Embrey Partners, Ltd., and Stonelake Capital Partners, LLC, have opened a four-story, luxury, multi-family rental community at Highway 249 and Cypresswood Drive in northwest Houston. The project consists of 336 high-end units on 15.42 acres. Highpoint at Cypresswood is an urban contemporary, surface-parked project consisting of two, four-story buildings with six elevators. “Our goal is to provide a ... 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 »

Suburban Acres Sold West of Grand Parkway

Houston – The Grand Parkway continues to generate land deals. The latest: John S. Beeson, John Stephen Ford, Sr. and Steven A. Webster have purchased 620.6 acres of undeveloped land in Harris County north of Interstate 10 and west of Grand Parkway bordered by FM 529, Katy Hockley Road, Beckendorff Road and Pitts Road. The site, former farm land, is ... Read More »

Downtown Departure: Houston Chronicle Moving Out

HOUSTON – The Houston Chronicle will relocate employees from its downtown offices and move into to the former Houston Post facility on the Southwest Freeway, not far from the Galleria, the Hearst publication announced Monday. The Post building now houses the Chronicle’s printing presses, distribution, circulation and sales employees. The Chronicle is expected to sell its 10-story downtown building, located ... Read More »

Pennzoil Place: Innovation Continues at 40 Year Old Building Included in Andy Warhol’s Polaroid Art

HOUSTON  – Pennzoil Place has been named the “Most Intelligent Office Building Project” in the 16th annual Commercial Real Estate Digital Innovation Awards (“Digie”) competition presented by Realcomm and IBcon. Transwestern leases and manages the 1.4-million-square-foot, Class A high-rise in downtown Houston. Pennzoil Place, owned by Metropolis Investment Holdings Inc., utilizes Cisco’s Internet of Everything to connect all building systems, ... Read More »

BLVD Place Phase ll Nearing Completion

HOUSTON – Phase II of BLVD Place, a mixed-use development under construction in the Uptown area of Houston, is 80 percent leased, says Ed Wulfe, of Wulfe & Co., the project’s developer. Located on the southwest corner of Post Oak Boulevard and San Felipe, BLVD Place will feature retail, restaurant, office and residential components. The complex is scheduled to open ... Read More »

Hicks Making $130 Million Play in Houston’s Energy Corridor

HOUSTON – Hicks Ventures, a firm led by Houston developer Pat Hicks, has reportedly agreed to buy the Two WestLake Park office building in the Energy Corridor for $130 million. The deal, presented by HFF, represents a $286 per sf price for the 455,000-square-foot property, according the Real Estate Alert newsletter. The seller is KBS Realty. The project, developed by ... Read More »

Major Industrial Sale Reported in Baytown, Texas

BAYTOWN, Texas – CenterPoint Properties proudly announces the acquisition of four buildings totaling 1.2 million square feet at Cedar Crossing industrial park in Baytown, just east of Houston. The four buildings are capable of processing and packaging plastic resin and are fully occupied by Exel Logistics. This acquisition brings CenterPoint’s portfolio in Houston to 2.5 million square feet. . Billy Gold ... Read More »

Another Medical Project Added to Pearland Boom

HOUSTON – Transwestern Houston has been awarded the leasing assignment by HCP Inc. for a 100,000-square-foot, medical office development on the Memorial Hermann Pearland Medical Center campus. Construction began on June 30 on the Class A building at the corner of Memorial Hermann Drive and Highway 288 in Pearland, south of Houston. This will be the second medical office building ... Read More »

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