Friday , 20 July 2018
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Newmark Knight Frank to Acquire Jackson Cooksey Firm

NEW YORK — (Realty News Report) – Newmark Knight Frank, a global commercial real estate advisory firm, has agreed to acquire Dallas-based Jackson Cooksey, corporate tenant representation real estate agency. James C. Cooksey, who will join NKF’s Texas office as Vice Chairman and President of Tenant Representation Texas, founded the Dallas-based Jackson Cooksey Company in 1982. Jackson Cooksey, which has ... Read More »

10 Months After: Houston’s Housing Market Recovers from Harvey – Q&A with Amy Bernstein

HOUSTON – (Realty News Report) – Some 10 months after Hurricane Harvey hit Houston, the effects are still being felt, particularly in the residential real estate. With 24-hour news coverage of Houstonians in some of the city’s most prestigious neighborhoods being rescued by boats, Harvey left an indelible memory on the world’s consciousness. Are people who relocate to Houston worried about ... Read More »

Downtown Tower Sold

HOUSTON – (Realty News Report) – A partnership between TRC Capital Partners and Amstar America has acquired 1001 McKinney, a, 375,440-SF office building in downtown Houston. The seller, a partnership between Cameron Management and Silverpeak Real Estate Partners, was represented by HFF. At 23 stories, the building is overshadowed by skyscrapers twice its size today.  But when it was built ... Read More »

CityCentre Five Building Get $48.5 Million Refi

HOUSTON – (Realty News Report) – Holliday Fenoglio Fowler (HFF) arranged a $48.51 million refinancing for CITYCENTRE Five, a 201,437-SF, Class A office building within the CITYCENTRE mixed-use urban development in Houston. The HFF team worked on behalf of the borrower, Midway Companies, to secure the loan through New York Life Real Estate Investors. CITYCENTRE Five is located at 825 ... Read More »

Buy or Rent? What’s Really Best for Your Bottom Line?

HOUSTON – (By Dale King, Realty News Report) – A trio of professors from two South Florida universities who create a quarterly housing report have offered people in the home acquisition market a riddle — and a possible redirection — in their latest publication. How can a person make more money – purchase a house or rent a residential unit? ... Read More »

First Houston-Area Two-Story H-E-B Grocery Store Opening in Bellaire

BELLAIRE, Texas – (By Michelle Leigh Smith for Realty News Report) – H-E-B is opening its first two-story grocery store in the Houston area. It’s in Bellaire, an affluent municipality surrounded by the city of Houston. Beginning at 6 a.m. on June 27, Bellaire will have the opportunity to experience the first of HEB’s double decker concept, which they originated ... Read More »

Saving the Astrodome and Houston’s History: Q&A with Architect John Cryer III

HOUSTON – (Realty News Report) – Houston prides itself on being a new, vibrant metropolis.  New office buildings.  New multifamily developments. Gleaming new shopping centers.  But the city’s historical past shouldn’t be forgotten either and Houstonians are becoming more aware of preserving the past. Organizations such as Preservation Houston have helped save historic structures and restored homes and even have supported ... Read More »

Yet Another Office Building Under Construction in Springwoods Village

HOUSTON – (Realty News Report) – A joint venture led by Patrinely Group, and including USAA Real Estate and CDC Houston, has broken ground on CityPlace 1, a 149,600-SF office project. The project is located in Springwoods Village, a 2,000-acre development where the 3 million-SF Exxon Mobil campus is located in north Harris County. The CityPlace 1 building makes the third ... Read More »

Engineering Firm Takes Energy Corridor Sublease Space

HOUSTON – (Realty News Report) – Kiewit Engineering Group has signed a 52,834-SF office sublease for the 14th and 15th floors of Energy Tower IV at 11750 Katy Freeway in west Houston’s Energy Corridor. The Energy Corridor, one of the weakest office submarkets in the nation, has 2.3 million SF of sublease space, second only to Houston’s CBD, according to ... Read More »

Howard Hughes Building Another Houston Apartment Project

THE WOODLANDS – (Realty News Report) – Howard Hughes Corp. is starting construction on another multifamily project – the second apartment project the developer has announced in the last two months. Howard Hughes Corp. will build an 8-story, 386-unit apartment building in the Hughes Landing section of The Woodlands, a 28,000-acre community 27 miles north of Houston. Last month Howard ... Read More »

Praedium Group Buys Houston Multifamily Complex

HOUSTON – (Realty News Report) – The Praedium Group, a New York City-based national real estate investment firm, has acquired the Discovery at Mandolin Apartments in northwest Houston. The 260-unit apartment community is located on Highway 249 near Cypresswood. “The Houston market is experiencing a significant deceleration in multifamily deliveries, and the Cypress/Fairbanks submarket in which Discovery is located has ... Read More »

Several Texas Journalists Win NAREE Journalism Awards

LAS VEGAS — Several Texas journalists were recognized recently with journalism awards from the National Association of Real Estate Editors. A panel of judges from Medill School of Journalism at Northwestern University selected the winners of the 68th Annual Journalism Awards. The NAREE awards recognize excellence in reporting, writing and editing commercial and residential real estate stories across a range ... Read More »

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