Sunday , 26 May 2019
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Update: The Star’s Retail Space in Historic Texaco Building

HOUSTON – (Realty News Report) – CBRE has been retained as the exclusive retail leasing agent for The Star, a residential high-rise redevelopment at 1111 Rusk in downtown. The historic 1915 Texaco Building has been redeveloped as 286 apartments and 26,170 SF of retail. CBRE’s Rachel Farris, Lacee Jacobs, and Laura Harness will lease The Star retail on behalf of ... Read More »

Trendmaker Homes Opens 225-Acre Community in Katy

KATY, Texas – (Realty News Report) – Trendmaker Homes Houston, a member of the TRI Pointe Group has announced the grand opening of LakeHouse, a new gated community just west of Houston in Katy. As the developer and home builder, Trendmaker will deliver approximately 350 home sites and several community amenities to the 225-acre property. The community is located west of the ... Read More »

The State of the Texas Hotel Market

 HOUSTON – (By Dale King, Realty News Report) – Many Houstonians who fled their Hurricane Harvey-flooded and otherwise damaged homes found shelter in a host of different places, among them – obviously – hotels. And many stayed there a good, long time. As a result, the overall Houston hotel market finished 2018 with a revenue per available room (RevPAR) loss ... Read More »

Sold: A New 378,000-SF Office Project in North Houston

HOUSTON – (Realty News Report) – Northridge Capital LLC has acquired the new HP Plaza, a 378,000-SF office development in CityPlace in SpringwoodsVillage north of Houston. Completed in November of 2018, HP Plaza was developed by Houston-based Patrinely Group for HP Inc., which occupies 100 percent of the space in a long-term lease. “HP Inc. was the largest office lease ... Read More »

Avera Breaks Ground on Distribution Facility in Northwest Houston

HOUSTON – (Realty News Report) – Avera has broken ground at Park 8, a distribution facility in northwest Houston, a few miles west of Bush airport. The 242,760 SF distribution facility situated on 17.2 acres at the southwest corner of Beltway 8 and IH-45 North in northwest Houston. Park 8 adjacent to Pinto Business Park. “Avera is excited to expand ... Read More »

Strongest March Ever For Houston Home Sales – On Pace for Record Year

HOUSTON – (Realty News Report) – Houston Realtors registered the strongest March ever as home sales rose nearly 5 percent in March compared to a year earlier, the Houston Association of Realtors reported. HAR reported a record 7,072 single-family sales in March, compared to 6,740 in March of 2018. Through the first quarter, year-to-date home sales were 0.3 percent of ... Read More »

Law Firm Leases Two Floors in Hines Tower Downtown

HOUSTON – (Realty News Report) – The White & Case law firm signed an 11-year lease for 57,315 SF at 609 Main at Texas, a 48-story, 1,073,075-SF office tower in downtown Houston. With the signing of this lease, 609 Main at Texas stands at 84 percent leased. The tower, which held  its grand opening in May 2017, was developed by ... Read More »

Office Tower Planned on Katy Freeway

HOUSTON – (Realty News Report) – A 13-story office tower is being planned by the Crown Castle company on the Katy Freeway, according to a document filed with the Texas Department of Licensing and Regulation. The 420,000-SF tower is being designed by the Kirsksey architecture firm. The building, which has an estimated construction cost of $55 million, will break ground ... Read More »

Madison Marquette Completes 96,000 SF of Leasing at Bank of America Center in Downtown

HOUSTON – (Realty News Report) – The Houston office of Madison Marquette announced it has negotiated 95,883 SF of lease transactions at Bank of America Center, a 56-story tower located at 700 Louisiana in downtown Houston. Madison Marquette’s John Spafford and Madeline Gregory represented the landlord, Houston-based M-M Properties, in the following transactions in recent months:  Kilpatrick Townsend & Stockton LLP, ... Read More »

Austin Firm Buys Three Office Buildings in Memorial Area

HOUSTON – (Realty News Report) – Austin-based CapRidge Partners LLC  acquired a three-building office portfolio totaling 544,291 SF in the Memorial/Tanglewood area of Houston. The portfolio includes 1616 Voss, 7500 San Felipe and 6363 Woodway. The seller, a partnership led by Unilev Capital. was represented by HFF’s Dan Miller, Marty Hogan and Johnny Kight. The three buildings, all less than ... Read More »

Wastin’ Away at a 186-Acre Margaritaville Resort at Lake Conroe – Under Development

CONROE – (Realty News Report) – A 186-acre Lake Conroe resort, with a 20-story hotel, will open next year bearing the “Margaritaville” brand. A descendent of singer Jimmy Buffett’s No. 1 hit record from 1977, the Margaritaville brand has popularized a casual dining chain, tropical footwear, beach furniture, key-lime pie mix and resort properties. The Lake Conroe Margaritaville will be ... Read More »

Texas Real Estate Briefs from Realty News Report

Houston real estate news items from Realty News Report – (see Texas statewide briefs below) Lee & Associates – Houston represented 6811-6815 Gant Road LLC in the lease of a 13,280 SF industrial manufacturing building on Gant Road. Mike Spears, Robert McGee and Mason Alsbrooks of Lee & Associates – Houston represented the landlord. The tenant was Black Diamond Real Estate, Inc. …………………………………… Lee ... Read More »

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