Realty News Report Covering Commercial and Residential News

HOUSTON – (Realty News Report) – The Storyhive video production firm is redeveloping an Eastwood building at 4010 Canal St., located less than two miles east of downtown. The 15,000-SF building, which was recently  acquired by Storyhive, will be featured in the structure during the Eastwood Civic Association’s Annual Historic Home Tour this weekend on Oct. 19 and 20. Boutique ... Read More »

HOUSTON – (Realty News Report) – COE Distributing, a nationwide wholesale distributor of office furniture, signed a 251,754 SF lease at Highland Grove Industrial Park, a redevelopment of the former Randall’s distribution center near Highway 290. The property landlord, CRP/CHI Randalls Owner, LP was represented by Cory Driskill and Travis Covington of Crow Holdings Industrial and Faron Wiley of CBRE. ... Read More »

HOUSTON – Deugro (USA) Inc. has obtained an office lease for 16,625 SF at 480 Wildwood Forest Drive in The Woodlands to relocate its headquarters.Steve Rocher and Jason Presley of CBRE represented the landlord, GeoSouthern Budde RD, LLC. Weldon Martin with CBRE Houston represented the tenant.………………………………………………………. NewQuest Properties has acquired five acres at Interstate 10 and Grand Parkway/TX 99 in the Katy ... Read More »

HOUSTON – (Realty News Report) – Houston-based Hartman Income REIT has acquired a 254,225-SF portfolio of three office buildings in Houston. JLL marketed the properties on behalf of the seller, HighBrook Investors, a New York-based private equity firm. Overall, the portfolio is 55 percent leased. The portfolio includes two buildings in the Park 10 Business Park in the Energy Corridor at 16420 ... Read More »

HOUSTON – (Realty News Report) – In an expansion of the iBuyers trend, the Zavvie residential technology firm has launched a partnership with Houston’s largest realty firm, Better Homes and Gardens Real Estate Gary Greene, to provide home sellers with multiple instant offers on their home. New online real estate companies, called iBuyers, will buy houses quickly from home sellers ... Read More »

HOUSTON – (Realty News Report) – Houston Realtors report September 2019 was the strongest September in Houston real estate history. A total of 7,035 single family homes were sold in September, up 9.5 percent from September of 2018, according to the Houston Association of Realtors. Lower mortgage rates enabled buyers to jump into the market while the inventory of homes ... Read More »

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Nowhere was the spirit of collaboration more evident than when ABB Robotics team realized their $40,000 dual-arm robot, YuMi, although capable of performing repetitive, delicate processes, would not be able to cut the ribbon at this morning’s ceremony at ABB’s first global healthcare research hub at Texas Medical Center ... Read More »

HOUSTON – (Realty News Report) – The skyline towers of downtown Houston are undergoing a major facelift with more than a dozen major redos, along with a number of other fix-ups and the transformations of other buildings. “In fact, Downtown is experiencing a wide array of renovations and upgrades to its office skyline. There will be 12.6 million square feet of ... Read More »

(Realty News Report) – HOUSTON – Transwestern Commercial Services announced John Ferruzzo  and Nick Peterson, formerly of NAI Partners, have joined Transwestern toexpand its Occupier Solutions and Investment Sales services for industrial users and investors throughout the country. Ferruzzo recently was named Industrial Broker of Year by the Houston chapter of NAIOP. HOUSTON – Hines announced a new structure for the firm’s investment ... Read More »

HOUSTON – (Realty News Report) – Work & Mother Services – a network of fully equipped pumping facilities support community and educational resources for working mothers who are breastfeeding – has signed a lease at the Three Allen Center building in downtown Houston. The new Work & Mother facility at Three Allen Center, 333 Clay St., will be its second ... Read More »

HOUSTON – (Realty News Report) – Whole Foods Market, complete with a Briggo coffee outlet, is scheduled to open Nov. 7 at 515 Elgin Street. Whole Foods will be below the new Pearl Marketplace apartments. The new mixed-use midrise at 3120 Smith St. contains 264 residential units, comprised of studios, urban one bedrooms, one bedrooms and two bedrooms, above a 40,000-square-foot Whole ... Read More »

HOUSTON – (Realty News Report) – EastGroup Properties has begun construction on a three-building industrial complex in northwest Houston. The 278,000-SF development, known as Northwest Crossing, is located on the southwest quadrant of the Interstate 290 and State Highway 6. JLL’s Richard Quarles, Jarret Venghaus, and Geoff Perrott will lease the facilities on behalf of East Group Properties. The three ... Read More »