Realty News Report Covering Commercial and Residential News
HOUSTON – (Realty News Report) – Lee & Associates – Houston represented 2978 Industrial Properties, LLC in the sale of 14.9 acres of land on South Persimmon Street in Tomball. Mike Spears, SIOR, CCIM and Patrick Wolford, SIOR, CCIM of Lee & Associates – Houston represented the seller, and Welcome Wilson, Jr. with Welcome Group represented the buyer Welcome Land ... Read More »
JPMorgan Chase COVID Relief Plan for Houston Brings $1M-plus in Economic Aid From Chase
HOUSTON – ( Realty News Report) – Houstonians who’ve endured a series of COVID-19-driven economic obstacles had barely begun to see the light at the end of the tunnel this month when another setback rolled in. Thousands of Houston-area families are now at risk of losing their homes since the state’s eviction suspension policy ended on May 18, said Sharon Zachary, ... Read More »
Houston Approaches Republicans About Moving Its Convention to Houston From Charlotte; Trump Questions NC Governor About Slow Reopening
HOUSTON – (Realty News Report) – The Houston convention organization has contacted the Republican National Committee regarding the possibility of relocating the Republican nominating convention from Charlotte, N.C. to Houston, says David Mincberg, chair of Houston First Corp. President Trump, in a tweet over the weekend, said North Carolina’s Democrat Gov. Roy Cooper is in a “shutdown mood” due to ... Read More »
Natural Gas Magnate Charif Souki Puts Aspen Valley Ranch on the Market for $220 Million
Houston Natural Gas Magnate Puts Aspen Ranch Up For Sale For $220 Million ASPEN, Colo. – (By Dale King, Realty News Report) – Natural gas magnate Charif Souki and his family developed their 800-plus acre Aspen Valley Ranch in the snowy hills of Colorado. Now Souki has put the extravagant scenic venue on the market for the tidy sum of ... Read More »
Sold: Inwood Forest Shopping Center in Northwest Houston
Sold: Inwood Forest Shopping Center in Northwest Houston HOUSTON – (Realty News Report) – RPI Interests I Ltd. has sold Inwood Forest Shopping Center in northwest Houston to Fahra International Inc. The 89,213-sf, two-building project is located at 5700-46 W. Little York Rd. in the near northwest submarket. David Luther, Bob Conwell and Josh Friedlander of Houston-based NewQuest Properties, represented ... Read More »
RNR Real Estate Briefs – HOU, DAL, AUS, SAT
RNR Real Estate Briefs – HOU, DAL, AUS, SAT HOUSTON – (Realty News Report) – NAI Partners recently arranged a 27,435 SF industrial sale for Seis GEaR, Inc. at 126 Anton Stade Road in Rosenberg, Texas. NAI Partners’ Travis Land and AJ Williams represented the buyer in the transaction. Barkley Peschel with Colliers International worked on behalf of the seller. JLL Capital Markets ... Read More »
American Athletic Conference Relocates HQ to Texas From Rhode Island
DALLAS – (Realty News Report) – The American Athletic Conference, which includes the University of Houston, SMU and Tulane, has moved its headquarters from Rhode Island to the Las Colinas development in Irving, Texas. Gemini Rosemont Commercial Real Estate, announced the conference leased 18,000-SF in the Summit at Las Colinas, a 19-story office building with 375,706 SF and unobstructed views ... Read More »
RNR Realty News Briefs – HOU AUS DAL SAT
HOUSTON – (Realty News Report) – Naissance Capital has awarded the leasing assignment for the office building at 2425 W Loop S in Houston — also known as TwentyFour25— to Colliers International. Heading up the task of marketing the 281,590 SF, Class A structure for the Colliers’ Houston Agency Leasing Group are Bill Insull and Blake Virgilio. …………………………………………………….. Houston-based National Property Holdings is creating Katy Prairie Business Park, ... Read More »
Patrinely Group Starts New Office Building in Austin
AUSTIN – (Realty News Report) – A joint venture Patrinely Group and USAA Real Estate has started construction on Aspen Lake Three, a 128,990-SF build-to-suit development in Austin. Q2 Holdings will occupy the Class A office development. “Breaking ground on Aspen Lake Three reinforces our long-term relationship with Q2, and we are delighted to begin development on another building that will meet the needs of ... Read More »
NAI Fund Acquires 16-Building Industrial Park in Stafford
HOUSTON – (Realty News Report) – NAI Partners’ Investment Fund III has acquired the Avera Commerce Center, a 16-building flex industrial park in the Stafford community. The 245,495-SF single-story industrial park on 14.6 acres is located near Greenbriar Drive in Stafford on the southwest side of Houston. “We put it under contract right when the coronavirus epidemic started,” said Adam ... Read More »
Country Homes: Coronavirus Prompts Huge Spike in Rural Property Clicks
HOUSTON – (By Dale King, Realty News Report) – Folks may be taking the road less traveled to plant roots in rural America, far from the urban crowds that ramp up the coronavirus infection quotient. During the Covid-19 pandemic, homes in the country are attracting a huge amount of interest from would-be home buyers looking at property listings online, according ... Read More »
The Death of Open Floor Plans: Social Distancing Could Snuff Out Office Design Trend
HOUSTON – (By Ralph Bivins, Realty News Report) Open offices are dead. It was a short-lived trend, really. As a pop culture trends go, the open-office design trend lasted longer than disco music, but not as long as VHS cassettes home movies. The idea of open offices sounded pretty good. The workplace organizational gurus said employees needed to collaborate and ... Read More »
