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...
Category : Breaking News
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...
Japanese Builder Acquires 3,400 Acres to be Developed by Newland
AUSTIN – A Japanese builder has acquired the remaining land in master planned communities in Austin, Dallas and Denver – some 3,400 acres from Wheelock...
Perot’s Company Hillwood Starts Major Calif. Project
SAN BERNARDINO, Calif. – Hillwood Investment Properties, part of the Ross Perot Jr.’s Dallas-based organization, is developing a 1.1 million-square-foot industrial distribution center in San Bernardino,...
German Investor Finalizes Its Purchase of 1000 Main Tower in Houston for $440M
HOUSTON – Germany-based Union Investment announced it has finalized the purchase of the 36-story 1000 Main office tower in downtown Houston for approximately $440 million...
ComCapp Buys Apartment Complex Near University of Houston
HOUSTON — Commerce Capital Partners, a San Antonio-based firm also known as ComCapp, has purchased Cityside Crossing, a 360-unit multi-housing community in southeast Houston, near...
Gracepoint Building 188-Acre Community North of Houston
MAGNOLIA, Texas – Gracepoint Homes has broken ground on its newest community, Stillwater, a 188-acre development near Interstate 45 just south of FM 1488 in...
Transwestern’s Ridge Group Developing Industrial Park in Fort Worth
FORT WORTH – Ridge Development, the industrial development division of Transwestern Development has announced plans to construct a two-building industrial park on 47 acres in...
Houston Adds 96,700 Jobs, Despite Oil Woes
HOUSTON – Despite the downbeat tone of economy in the oil-rich Lone Star State, Houston continues to put up some impressive jobs growth numbers. The...
SEDCO of Saudia Arabia Advances “Shariah Compliant” Buying Spree in Houston
JEDDAH, Saudi Arabia – SEDCO Capital of Saudi Arabia says it has launched a buying program to acquire “a sizable portfolio” of seniors housing in...