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Tag Archives: Trammell Crow

Crow Buys Greenway Plaza Area Building for New Residential Project

HOUSTON – (Realty News Report) – The old Southwestern Bell building on Weslayan near West Alabama has been sold for a multifamily development by Trammell Crow Residential. The building, a 400,000-SF structure, was built in the early 1970s. It was built on a 9-acre tract connected to Kenneth Schnitzer’s famous Greenway Plaza assemblage. Trammell Crow Residential is expected to brand ... Read More »

Energy Corridor Pain: BP Moving Onshore Headquarters from Houston to Denver

HOUSTON – BP is relocating its U.S. onshore oil and gas headquarters from Houston to Denver. Various divisions of BP, including BP America, occupy space in Houston’s Energy Corridor. BP’s Lower 48 onshore headquarters will occupy 86,000 SF in new building under development by Trammell Crow. In an exclusive article last month, Realty News Report said BP was contemplating a ... Read More »

General Motors Buys Austin Building in Business Park and Redevelopment of Dell Property

AUSTIN – Karlin Real Estate sold a 302,604-square-foot industrial building located at 13201 McCallen Pass in north central Austin to General Motors. The facility is located within Sector 6, the first phase of the 400-acre master planned technology and office park being developed by Los Angeles-based Karlin and Dallas-based Trammell Crow Co. Sector 6 is comprised of three existing industrial ... Read More »

85 Warehouses Under Construction in Houston

HOUSTON – Eighty-five industrial buildings, totaling 8.9 million sq. ft. are under construction in the Greater Houston industrial market, according to CBRE. Last year was exceptionally strong for construction of warehouses and industrial buildings. Some 12 million square feet of new space was completed in 2014, the highest annual total since 2008, CBRE reported. The strength in the market is powered ... Read More »

Fracking Firm Reworks Its HQ Lease in Energy Corridor

HOUSTON – Carbo Ceramics, which supplies ceramic proppant (resin-coated sand) to fracking wells in the shale oilfields, has re-worked its headquarters lease in the Energy Corridor. Carbo’s stock traded as high as $156 a share last summer but it is now trading for $30 a share and the company has announced layoffs. Carbo amended and extended its lease of 27,259 ... Read More »

Trammell Crow/Prudential JV Start Spec Office Project Near Houston’s Energy Corridor

HOUSTON– A joint venture of Trammell Crow Co. and Prudential Real Estate will develop One Grand Crossing, a speculative three-story172,000 square foot office building near Houston’s Energy Corridor. The 8-acre site is located in the 124 acre mixed-use Grand Crossing development at the southwest corner of Grand Parkway and Interstate 10. Construction on One Grand Crossing has begun and the ... Read More »

ULI Panel: The Future of Water is Serious Business in Texas

(By Ralph Bivins) HOUSTON – The “Future of Water” in Texas is a mega-issue that will force the state’s future leaders to spend billions for water resources development in the coming decades as the population booms. The Texas Legislature voted last year to create a $2 billion fund as seed money to address the issue over the next fifty years. ... Read More »

New Office Building Kicks Off Parmer Business Park in Austin

AUSTIN – Karlin Real Estate and Trammell Crow Co. have broken ground on Parmer 3.2, a 192,000 square-foot office building – the first phase of Karlin’s 400-acre Parmer master planned technology and office park in North Central Austin. The Parmer office park is zoned for up to nine million square feet of office, industrial, hotel and retail uses. In 2012, ... Read More »

Noble Energy Center One Sells; Formerly a Compaq Building in Northwest Houston

HOUSTON – Noble Energy Center One, a 500,000 SF building that was originally part of the Compaq Computer campus in northwest Houston, has been sold to Cole Corporate Income Trust of Scottsdale, Ariz. Originally built in 1998, the 10-story structure was redeveloped, certified LEED Gold, and leased by Noble Energy as its corporate headquarters in 2012. Trammell Crow Co., in joint ... Read More »

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