Saturday , 3 December 2016
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Brewery Expands into San Marcos

SAN MARCOS, Texas –Austin-based Hops & Grain Brewing is expanding outside of Austin to San Marcos, Texas. The five-year-old brewery has signed a 10,796-square-foot lease at Crossroads Center (110 East MLK Drive) to house a second production facility and tasting room. Bryan McMurrey and Sergio Negrete of CBRE represented the landlord, MLKSM, LLC, led by Mark Sheilds. Lance Tindall of ... Read More »

Can Cities Learn Anything from Suburbs?

HOUSTON – It’s no secret that Millennials worship The Heights and are enthralled by Houston’s Inner Loop in general. A few years ago, I saw this graffiti scrawled on the side of a building in Houston’s Lower Montrose district” “There is No Life in the Suburbs.” Without a doubt, Houston’s far-flung suburbs can be boring with uniform housing stock, an ... Read More »

Republic Square and Third Palm Capital: Energy Corridor Site with Long-Term Potential

HOUSTON – Third Palm Capital has opened Republic Square, located on a large parcel of land in the Energy Corridor of west Houston. The heavily wooded site was formerly the site of the Exxon Chemical campus. While there was a lot of inaccurate information going around about Republic Square, Realty News Report was the first news outlet to sit down ... Read More »

OXY to Anchor New Office Project in Dallas

DALLAS – Occidental Petroleum Corp. has signed-on to anchor a new office project that will be constructed in north Dallas. The chemical division of OXY will occupy 120,000-SF in the project, named Fourteen555, reports Candace Carlisle of the Dallas Business Journal. Developer Cawley Partners of Dallas will break ground next year on the 480,000-SF project, 14555 Dallas Parkway in the ... Read More »

CBRE Finds Tenants to Fill 165,000 SF of Sublease Space in Heritage Plaza

  HOUSTON – CBRE has leased 165,000 SF of sublease space in Heritage Plaza, a skyline landmark at 1111 Bagby in downtown Houston, to five subtenants. CBRE represented sub-landlord Noble Energy is securing the five sub-tenants, in deals signed in 2016. “The sublease of the Heritage Plaza property resulted from the completion of our acquisition of Rosetta Resources and integration ... Read More »

Realty Magnate Gary Keller Buys Austin Music Venue

AUSTIN – Austin’s Gary Keller, chairman of Keller Williams Realty, is acquiring the famed Saxon Pub, a music venue on South Lamar Blvd. in Austin, according to a report by Shonda Novak of the Austin American Statesman. Keller plans to preserve and continue operations of Saxon Pub, which has hosted hundreds of musicians. Recent acts at the Saxon Pub include ... Read More »

Law Firm Subleases Office Space in Downtown Houston

HOUSTON – The Thompson & Knight law firm has leased 70,000 SF of sublease space in the BG Group Place building at 811 Main in downtown Houston. BG Group is vacating the building, which was developed by Hines. CBRE’s Kevin Kushner, Charles Gordon and Lucian Bukowski represented Thompson & Knight in the lease transaction. “The opportunity to create a modern ... Read More »

Economist Tells Transwestern Houston Crowd: “The Worst is Over”

HOUSTON – After a severe thrashing from a free fall in oil prices, the Houston economy has finally bottomed out and will begin a slow climb upward. “The worst is over for Houston’s energy economy,” said Houston economist Patrick Jankowski of the Greater Houston Partnership. “We are seeing a gradual improvement in oil prices and the rig count.” Jankowski delivered ... Read More »

Kitchen Transformation Tour 2017: Exclusive Sneak Peek by Realty News Report

HOUSTON – (By Michelle Leigh Smith) – What’s compelling enough for the Royal family should be good enough for the discerning American. “The kitchen of the future will be a Howdens kitchen,” proclaims Rob Fenwick, Chief Operating Officer for UK-based Howdens – one of the largest cabinet makers in the Western hemisphere. With Houston apartment developers, architects and home builders ... Read More »

Black Falcon Energy Leases Sublease Space in Downtown Houston

HOUSTON – Black Falcon Energy leased 17,000 SF at the 717 Texas Avenue tower in a sublease of downtown office space. Contango Oil and Gas Co., the sub-landlord, was represented by Ed Prejean, David Bale and Diana Bridger of JLL. Trey Strake of Cushman & Wakefield represented Black Falcon. Formerly known as Calpine Center, the 717 Texas Avenue tower is ... Read More »

Houston Economist Bill Gilmer’s Forecast: 2017 Will Be No Winner

HOUSTON – Sobering predictions came out of the Institute for Regional Forecasting Fall Symposium Thursday by Houston economist Dr. Bill Gilmer of the University of Houston. Gilmer, in a presentation before hundreds at the Hyatt Regency hotel ballroom, said Houston has been moving through a mild recession that has been obscured by a revision in governmental reporting of job growth. ... Read More »

Houston Home Sales on a Record Pace in 2016

HOUSTON — Houston’s home sales are on a record-setting pace in 2016, according to new sales totals from the Houston Association of Realtors. Year-to-date through October, 63,973 homes were sold, a 1.2 percent increase over the sales in the comparable period of 2015, the HAR reports. “The Houston housing market continues to demonstrate its strength by holding steady in the ... Read More »

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