Monday , 16 September 2019
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First Industrial Trust’s New Project Signs Tenants

HOUSTON – (Realty News Report) – First Industrial Realty Trust has executed two leases to bring its brand-new First 290, located at 6913 Guhn Road in Northwest Houston, to 100 percent leased, four months after delivery. The 126,250-SF bulk warehouse is now leased to Iron Mountain (45,990 SF) and Black Horse Carriers (80,260 SF). Matteson Hamilton and Jeremy Lumbreras of Stream ... Read More »

RNR Real Estate Briefs – from Realty News Report

HOUSTON – Spencer Hough and Tip Strickland of Newmark Knight Frank have closed the financing on a 17-building, 220,000-SF industrial portfolio. The flex industrial collection consists of Enterprise Park, a 153,835-SF, 14-building service center in Houston’s southwest industrial submarket and Town and Country Center, a 67,928-SF project in the West Houston/Outer submarket. NKF represented the borrower, CPM Holdings, LLC. The ... Read More »

Throwin’ Shade: Bellaire Residents Question Height of Proposed Towers on Loop 610 Tract

BELLAIRE – (By Michelle Leigh Smith for Realty News Report) – Plans for the 30-acre Bellaire Place development, located on the site of the former Chevron campus at Loop 610 continue to draw scrutiny by the Bellaire Planning & Zoning Commission. In October, SLS Properties bought the property from Chevron, which relocated all of its 900 Bellaire employees from the ... Read More »

$12M in disaster relief money to fund affordable senior housing in Houston’s Third Ward

HOUSTON – (By Dale King, Realty News Report) – The federal government has allocated $12 million in disaster relief funds to help a historic section of Houston rebuild from the destruction inflicted by Hurricane Harvey two years ago. The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, recently announced it has received the cash to “replace housing stock ... Read More »

People in Real Estate from Realty News Report

Thomas Berry has been added to the industrial team at Avison Young Houston, according to an announcement by Rand Stephens, principal and managing director of the firm’s Houston office. Nick Terry has been promoted to vice president of NAI Partners, according to an announcement by managing partner Jon Silberman. Terry is a broker in the firm’s office tenant rep group. Mike Melody, ... Read More »

JLL Finance Team Leaves Firm to Open Walker & Dunlop Office

HOUSTON – (Realty News Report) – A group of veteran commercial real estate finance professionals from Jones Lang LaSalle have been retained to start a Walker & Dunlop office in Houston. Mike Melody, Tom Melody, Tom Fish and Paul House have been named managing directors at Walker & Dunlop’s new office in Houston. Jonathan Paine was named senior vice president. ... Read More »

Whole Foods, Trader Joe’s or Aldi? – How Grocery Store Brands Correlate with Home Prices

HOUSTON – (By Dale King, Realty News Report) – A long-held nutrition-based adage suggests: “You are what you eat.” An analysis by ATTOM Data Solutions has added an up-to-date, financial corollary to that maxim: “The value of your home is likely a factor of where you buy your groceries.” Researchers for the firm drew that conclusion after examining a thought-provoking ... Read More »

Finalists Named In Design Competition for New Houston Endowment Building

HOUSTON – (Realty News Report) – Four finalists have been selected in the international design competition that will result in the creation of a new headquarters building for the Houston Endowment, a philanthropic organization. The funding for the 40,000-SF project has been secured, along with the site, which is just west of downtown, near Buffalo Bayou, Memorial Drive and Spotts ... Read More »

Reimagining the Houston Farmers Market – Ground Broken for Heights Project

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – MLB Capital Partners, Houston-based commercial real estate investment, broke ground Tuesday on the much-anticipated Houston Farmers Market redevelopment project near The Heights. The 77-year-old market on Airline Drive will be upgraded with enhanced facilities, modern infrastructure, diversified product offerings and sustainable community programming to establish a unique destination retail ... Read More »

Methodist Hospital Moving to Prime Bellaire Site

BELLAIRE, Texas – (Realty News Report) –  Bellaire Place, the former Chevron property located along Loop 610 in Bellaire, has secured Houston Methodist Hospital as an office-space anchor tenant. Coy Davidson, senior vice president in the Houston office of Colliers International, represented Methodist Hospital in the office leasing transaction. The redevelopment of the 30-acre Chevron property, bounded by Loop 610, South ... Read More »

Post Oak Central Adding Upscale Retail

HOUSTON – (Realty News Report) – Parkway Properties Investments has signed M.M. LaFleur, a high-end retailer, as a tenant in Post Oak Central, as part of an effort to add an upscale retail to the development. “This lease furthers our goal of creating an upscale retail mix that not only builds our campus ecosystem, but also positions Post Oak Central ... Read More »

Coworking Facility Coming to Greenway Building

HOUSTON – (Realty News Report) – Anchor Workspace has leased 17,600 SF in the 20 Greenway Plaza building for a coworking facility.  Anchor Workspace was represented by Cresa’s Sue Rogers and Steven Heal. The landlord was represented by Marilyn Guion, Steve Rocher and Trey Comiskey of CBRE. Anchor Workspace is a Houston firm led by Jan Paape. “Landlords are looking ... Read More »

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