Wyndham Hotel HQ Building Sold for $81 Million
PARSIPPANY, N.J. — The headquarters building of the Wyndham Worldwide hotel organization has been acquired for $81.4 million. Griffin Capital Corp., an El Segundo, Calif.-based...
Category : Breaking News
Hines Working on a $50M Deal to Buy Houston Chronicle’s Downtown Building
HOUSTON – Hines, which has developed more than a dozen projects in downtown Houston, has been negotiating a $50 million deal to acquire the Houston...
Sustainability: 95 Percent of Small Office Buildings are Brown
LOS ANGELES — Over 95 percent of small office buildings are brown, according to a sustainability certification study by CBRE Group and Maastricht University. The 2015...
Energy Corridor Building to Fetch Record-High Price
HOUSTON – A new office building in Houston’s Energy Corridor is expected to sell for a record-high price, despite the recent collapse in oil prices...
Supply of Sublease Space Up 61 Percent in Houston Due to Fall in Oil Prices
HOUSTON – With shrinkage in the energy industry, the Houston office market has 61 percent more sublease space today than it did a year ago,...
Major Lease Fills Some Office Space in Energy Corridor
HOUSTON – The Energy Corridor office market of Houston, which has been sliding in recent months as prices for West Texas Intermediate crude fell sharply,...
Morton Salt HQ Moving to Hines’ 52-Story Tower Under Construction in Chicago
CHICAGO – Hines has landed the headquarters of Morton Salt, Inc. as an anchor tenants in the new 52-story River Point tower currently under construction...
Mattress Firm Relocating Corporate Headquarters to New Houston Growth Region
HOUSTON – Mattress Firm, Inc. is moving its corporate headquarters into a 130,000-square-foot building, just south of the Astrodome and Loop 610. The bedding company...
Initial Retail Project Breaks Ground in 11,400-Acre Bridgeland Project
CYPRESS, Texas – Lakeland Village Center, the first commercial development in Bridgeland, a master planned community in Cypress, north of Houston, has broken ground. Set...
Tampa Firm Buys New Rehab Hospital in Clear Lake Area of Houston
WEBSTER, Texas — Tampa-based Carter Validus Mission Critical REIT II has acquired the Post Acute Webster Rehabilitation Hospital, on the southeast side of Houston, from Medistar Corp. The...