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Author Archives: rnrbivins

The Nation’s Biggest Rail- and Barge-Served Industrial Park Just Got Bigger, Reports Avera

BAYTOWN, Texas – (Realty News Report) – Avera is proceeding with construction of Cedar Port Logistics, a 644,000-SF industrial project in Cedar Port Industrial Park which is the largest master-planned rail and barge-served industrial park in the United States. Avera is tilting up concrete wall panels at the building, which is situated on 40.8 acres within the 15,000-acre Cedar Port ... Read More »

Law Firm Leases Space in Downtown Houston

HOUSTON – (Realty News Report)— The Martin, Disiere, Jefferson & Wisdom law firm has expanded and renewed its lease in downtown Houston’s historic Esperson Building. The law firm will occupy 42,000 SF, according to the Newmark Knight Frank real estate company. The tenant, which previously occupied 39,000 square feet sparsely spread between floors 17-20, reorganized its footprint from a four-floor ... Read More »

Nashville Invades Austin: Grand Ole Opry Owner Buying Austin City Limits Site for $275 Million – The Biggest Real Estate Deal in Country Music History?

AUSTIN – (Realty News Report) – Nashville-based Ryman Hospitality Properties, owner of the Grand Ole Opry and the historic Ryman Auditorium country music hall, is acquiring a mixed-used development in downtown Austin that includes the Austin City Limits theater. The $275 million deal gives Ryman – a unique brand that controls the crossroads of country music and real estate – ... Read More »

Hunt Family Sells 3,400 Acres for Master Planned Community

McALLEN, Texas – (Realty News Report) – Laredo-based Killam Development has acquired 3,400 acres in South Texas, near the Mexico border, for a master planned community. The seller Hunt Valley Development, controlled by the family of Ray L. Hunt, the son of the late H.L. Hunt, founder of Hunt Oil. NAI Partners’ Carlos Marquez and Brett Lum represented the seller, ... Read More »

GHP Forecast: Fewer New Jobs will be Created in Houston in 2020

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Houston’s economy will churn slightly slower in 2020, according to the annual forecast by Patrick Jankowski, economist for the Greater Houston Partnership. Houston will add 42,300 new jobs in 2020, down from the 64,400 jobs anticipated in 2019. A downturn in the energy industry will soften the regional economy ... Read More »

Home Sales Up 50 Percent at LGI Homes

THE WOODLANDS, Texas – (Realty News Report) — LGI Homes Inc., a Texas-based home builder, sold 748 homes in November, up from 500 home closings in November 2018. The closings total represented year-over-year sales growth of 49.6 percent for LGI Homes. Builders around the nation have been gaining momentum as mortgage rates have eased in 2019 and the Federal Reserve ... Read More »

Wood Partners Breaks Ground on Apartments in Spring

SPRING, Texas – (Realty News Report) – Wood Partners, an Atlanta-based multifamily real estate development and acquisition firm, has broken ground on the 300-unit Alta Cathedral Lakes apartments in Spring, north of Houston. The multifamily project will be located at 698 Basilica Bay Drive.  Alta Cathedral Lakes is in Spring’s new master planned community, Cathedral Lakes, which features 150 acres ... Read More »

The Houston 2020 Downtown Awards – Winners Announced for Real Estate and Placemaking

The Houston 2020 Downtown Awards By Ralph Bivins, Author of Houston 2020: America’s Boom Town – an Extreme Close Up Downtown Dealmaker  of  the Year: Skanska Commercial Development. Skanska pulled off two megadeals in downtown Houston. Most impressive was its acquisition of four surface parking lots near Discovery Green park – a total of 3.5 acres for $55 million. High-rise, mixed-use development ... Read More »

New Business Park to be Developed Just South of the Historic Astrodome

Houston – (Realty News Report) – A new business park just south of the historic Astrodome will be marketed by CBRE, the real estate firm announced Tuesday. The project, called Corporate Center Fannin, will be an 18.6-acre master planned business park, located at 10001 Fannin Street in Houston. CBRE will market the property on behalf of Summit Real Estate Group.  Corporate ... Read More »

People in Real Estate: Promotions, Hirings and Appointments

HOUSTON – (Realty News Report) – CBRE announced that Robert Del’Ve has been appointed Managing Director of Project Management.  Del’Ve, who has been a leader in CBRE’s Global Workplace Solutions business since 2016, will be responsible for managing PJM business for the Houston market, including corporate interiors, investor-directed assets, and move management. “Bob’s 30 years of experience focused on sustainable business solutions ... Read More »

Woodside Health Acquires Center in Cypress Area

HOUSTON – (Realty News Report) – Colliers International handled  the sale of Fairfield Plaza, a 83,000 square foot multi-tenant medical/retail property at 15103 Mason Road in Cypress  in the Houston area. The seller, Radler Limited Partnership, was represented by David Carter of Colliers International. Beth Young, also with Colliers International, represented the buyer, Woodside Health. The five building property sits on ... Read More »

Real Estate Briefs: Houston, Dallas, Austin and National

Real Estate Briefs: Presented by “Houston 2020: America’s Boom Town” – The New Book by Ralph Bivins Read The New Book by Ralph Bivins, Editor of Realty News Report   Houston 2020: America’s Boom Town – An Extreme Close Up Available on Amazon HOUSTON BRIEFS – Keener Investments has acquired a 378-unit multifamily property in Spring, Texas. The Mira Bella  and ... Read More »

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