Northeast Houston: Is It Time for a Growth Surge?
HOUSTON – Northeast Houston, bypassed for decades as growth surged elsewhere, is gaining jobs and a growing share of single-family construction, although it still lacks...
Category : Breaking News
Simon Planning to Upgrade Luxury Offerings in $250 Million Renovation of Houston’s Galleria
HOUSTON – Simon, the global retail real estate company, has announced a $30 million renovation of Houston Galleria’s luxury wing as part of $250 million...
JLL’s Dan Bellow: Landlords Cut Rents as Houston Becomes a Tenants Market Again
HOUSTON – Long-time Houston broker Dan Bellow, president of Jones Lang LaSalle-Houston, says some Houston office buildings owners have reduced rents and overall rental rates...
Libitzky Buys Dallas Office Property, Looking for More Deals
DALLAS – CBRE’s Capital Markets Office Investment Group announces the sale of Canal Centre, a Class A office property in Las Colinas’ Urban Center. Canal...
Hines, Novak Break Ground on Sheraton Hotel Near Austin
GEORGETOWN, Texas – Hines, the Houston-based real estate firm, along with joint venture partner Novak Brothers, recently held a groundbreaking ceremony celebrating the start of...
Houston Medical Office Market Gains Occupancy in 2014
HOUSTON – Houston’s medical office market demonstrated strength in 2014, according to a medical office report by Colliers International. The citywide average vacancy rate was...
Griffis Buys Austin Apartment Complex
AUSTIN – Griffis Residential has acquired Avendaro at Canyon Creek, a 296-unit apartment complex in northwest Austin. HFF worked on behalf of the borrower, Griffis...
Dinerstein Developing 375-Unit High Rise Near Texas Medical Center
Houston – Dinerstein Cos. is developing the 21-story Cambridge & Holcombe apartment tower near the Texas Medical Center in Houston. With a large employment base...
Nation’s Home Market Off to a Slow Start in January
WASHINGTON – The nation’s existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago...
Stag Industrial Buys Houston Building for $7.1 Million
HOUSTON – NAI Partners represented Stag Industrial Holdings in the acquisition of a 185,000 SF manufacturing building on 16.8 acres at 1020 Rankin Road in Houston....