Mass Mutual: Houston is Not Redlined
HOUSTON – A major institutional investor says it remains open to buying Houston properties. “We have not redlined any property type and we have not...
Category : Breaking News
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...
High Hopes: Whisper Number is $40M for Houston Chronicle HQ
HOUSTON – Hearst Corp. is hoping to fetch as much as $40 million in the sale its downtown Houston Chronicle property. Employees of the nation’s...
58-Story Condo Tower Planned in Austin
AUSTIN – Austin developers have announced plans for The Independent, a proposed 58-story residential tower that reportedly would be the tallest building in Austin and...
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...
Home Sales in Houston Up 3.8 Percent in March
HOUSTON – Home sales in Houston were strong in March, as a downturn in the energy industry failed to inflict serious damage to the housing...
Hanover Building 375 Units in Buckhead
ATLANTA – Houston-based Hanover Co. is developing a 375-unit multifamily project in the Buckhead district of Atlanta. The 335,000-square-foot project, to be located on Buckhead...
New Kind of Starbucks to be Unveiled in Hilton Americas – Serving Beer/Wine
HOUSTON – The 1,200-room Hilton Americas-Houston is opening a gigantic Starbucks that will one of the first Starbucks to offer the new “Starbucks Evening” service...
Hines/Oaktree JV Buys 1 Million SF of Office Space in Calif.
SAN BERNARDINO, Calif. – A joint venture of Houston-based Hines and a fund managed by Oaktree Capital Management has acquired Tri-City Corporate Centre, a portfolio...
CenterPoint Properties Buys 27 Houston Buildings
HOUSTON – Continuing a Houston buying spree, CenterPoint Properties has acquired a 27-building industrial portfolio with 3.6 million square feet of Houston warehouse space. The...