Will Houston’s Retail Center Market Get Overbuilt? – The Q&A with Jason Gaines of NAI Partners
HOUSTON – The retail scene in Houston is hotter than an August day in the Panhandle. The office market is awash in space, the multifamily...
Category : Breaking News
Chicago Firm Buys Six Texas Multifamily Projects
IRVING, Texas — InterCapital Group of Chicago has acquired 1,711 multifamily units in the Dallas/Fort Worth area. Rob Russell of Greystone arranged $107 million in...
Is Houston Heading for a Record Year in Home Sales?
HOUSTON — The Houston residential real estate market, defying the weak job growth in the local economy, is outpacing the sales pace of 2015. Although...
Hines Sells Landmark Skyscraper in Downtown Dallas for $273M
DALLAS – Hines REIT, which is liquidation mode, has sold its 55-story Chase Tower in downtown Dallas for $273 million. The 1.3 million SF tower,...
Weingarten Pays $285 Million for 668,000-SF Center in Fla.
MIAMI – Weingarten Realty Investors, a Houston-based REIT, purchased the Palms at Town & Country center for $285 million. The 668,000-SF center, located on...
Three Deals Closed in Houston’s Hot B&C Multifamily Market
HOUSTON – Transwestern’s Houston Multifamily Investment Services Group, demonstrating a trend for Houston’s hot market for Class B and C units, has completed the sale...
Hines Signs Another Tenant in New Houston CBD Tower
HOUSTON – Orrick, Herrington & Sutcliffe LLP, the international law firm, has signed a 12-year, 56,731-SF lease at 609 Main at Texas, the new downtown office...
Plastics Packager Leases Industrial Space Near Ship Channel
HOUSTON – The Packwell company, a Houston-based plastic resin packager, has signed a 286,000 SF industrial lease at Bayport Distribution Center in Pasadena, near Houston....
Colliers: Industrial Leasing Slowing in Sluggish Economy
HOUSTON – Industrial leasing activity is slowing in Houston, although the vacancy rate remains healthy, according to Colliers International. Industrial leasing activity dropped 55 percent...
Delivering for Landlords: Q&A with Michael Anderson of Colvill Office Properties
HOUSTON – As unpredictable energy prices continue impacting the global economic market, one thing remains fairly constant: Houston’s commercial real estate market has too much...