Monday , 16 September 2019
Breaking News

University of Texas is Selling 216 Acres That Were Envisioned by McRaven as Data Institute

HOUSTON – (Realty News Report) – The land that was once envisioned by University of Texas leaders as the home of a large data science institute has been listed for sale. JLL has been retained by The University of Texas System to market the 216 acres, located just south of Loop 610 near the Astrodome. The site is less than ... Read More »

Freedom Solar Power Expands Texas Presence

DALLAS – (By Dale King, Realty News Report) – The sun is renowned for making things grow – and that includes the solar power industry itself. Texas-based Freedom Solar Power is taking advantage of the sun’s dynamism and its own resulting progress by moving its Dallas office to a larger location in the Dallas-Fort Worth Metroplex to accommodate the company’s ... Read More »

CREW Leader Laurie Baker Appointed to Camden Post

HOUSTON – (Realty News Report) – Laurie Baker, former national president of the CREW women’s organization, has been promoted to Executive Vice President of Operations at Camden Property Trust. Houston-based Camden owns interests in and operates 165 properties containing 56,271 apartment homes across the United States. Baker served 2016 National President of the Commercial Real Estate Women Network (CREW) and ... Read More »

Bird-Friendly Glass – with a Pattern Too Subtle for the Human Eye – Used in Arboretum Redo – Why? 365 Million Birds Die From Window Collisions Annually

HOUSTON – (Cynthia Lescalleet for Realty News Report) – Not all the updates under way at Houston Arboretum & Nature Center are to its grounds and infrastructure. The redo of the nature center includes the use of “bird-friendly glass” Bird-friendly glass is embedded with a crisscross pattern is too subtle for the human eye but helps birds avoid collisions. With ... Read More »

Medical Office Building Breaks Ground in Bellaire

BELLAIRE – (Realty News Report) – Jacob White Construction has broken ground on Bissonnet Medical Plaza, a medical office building inside Loop 610. The three-story Class A facility, located at 4460 Bissonnet Street at Newcastle Drive, will offer over 52,000 SF of medical office space The project is located in the city of Bellaire, where there is a growing number ... Read More »

People in Real Estate

Cresa, the world’s largest tenant-only commercial real estate firm, continued its global growth initiative with the announcement of two new hires in its Houston office. John Furnace, formerly of NKF, joins Cresa as a vice president, leading all phases of project management for the Houston market. Bryan Strong joins the firm as a research director. André Granello, managing principal of Cresa’s ... Read More »

Real Estate Briefs: Houston, Dallas, San Antonio and Austin by Realty News Report

Avera Construction recently broke ground for a 30,000 SF warehouse on a 7.2-acre site in Deer Park, less than 10 miles from the Port of Houston. The design-build single-story metal building featuring office space and workshop is for Atlas Copco Rental, LLC,a Swedish manufacturer of industrial tools and equipment. …………………………………………………… EDGE Realty Capital Markets brokered the sale of Meadow Edge ... Read More »

Beer Warehouses Boom: 256 Percent Increase in Brewers’ Square Footage in H-Town

HOUSTON – (By Kyle Hagerty for Realty News Report) – Demand for industrial space from brewers is spiking across Houston. A few short years ago, Houston was home to 18 craft breweries occupying 225,272 square feet of manufacturing and warehouse space. Today, 64 breweries using 570,933 square feet are serving it up in the Bayou City, a 256% increase in ... Read More »

Return to Normalcy: Houston Multifamily Recovers from Hurricane Harvey

HOUSTON – (By Kyle Hagerty for Realty News Report) – Tens of thousands of Houstonians were displaced after Hurricane Harvey devastated the region, skewing multifamily fundamentals like absorption, vacancy and rental rates for more than a year. Two years out, the multifamily market is beginning to return to normal as steady employment and investor interest continues to bolster the metro. ... Read More »

Avera Construction Breaks Ground on Deer Park Warehouse

HOUSTON – (Realty News Report) – Avera Construction recently broke ground on a 30,000-SF warehouse on a 7.2-acre site in Deer Park, less than 10 miles from the Port of Houston. The project is a design-build for Atlas Copco Rental LLC, a Swedish manufacturer of industrial tools and equipment. The single-story metal building will include office space and an extensive ... Read More »

3,000 New Jobs: Uber Creating Regional Office in Dallas

DALLAS – (Realty News Report) – Uber Technologies, Inc., the ride hailing service, will open an administrative hub in Dallas that will have 3,000 employees, the company announced.. The Uber facilities will be located in the Epic mixed-use development on Elm Street in the Deep Ellum district in downtown Dallas. The 8-acre project is developed by Westdale Real Estate, KDC, ... Read More »

How Many Houstonians Travel 90 Minutes to Get to Work? The Survey Says: It’s a Lot

HOUSTON – (By Dale King, Realty News Report) – It’s a bird; it’s a plane; it’s a super commuter. These are the brave souls who travel 90 minutes or more getting to work. And that’s just the one-way segment. Nationally, 2.9% of workers are super commuters – long riders aboard cars, buses, trains and other modes of transport, says a ... Read More »

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