Gaedeke Planning Office Tower Near Toyota Project in Dallas
DALLAS – Gaedeke Group LLC has acquired an 11-acre tract where it plans to develop a multi-tenant office project. The site is across the street...
Category : Breaking News
New Tenant Leasing 40,000 SF of Greenspoint Space Vacated by Exxon Mobil
HOUSTON – A 40,000-square-foot portion of the Greenspoint office space being vacated by Exxon Mobil has been backfilled with a corporate headquarters tenant. The tenant...
DoubleTree Hotel Opens on Galveston Island
GALVESTON — DoubleTree by Hilton has opened the DoubleTree by Hilton Galveston Beach, a contemporary five-story, 97-room hotel on Seawall Boulevard, facing the Gulf of Mexico. Formerly the Galveston...
Transwestern’s New Building Will Open 100 Percent Leased with New Tenant Signings
HOUSTON – Transwestern has signed three new leases to bring its new Westway Plaza office building in northwest Houston to 100 percent pre-leased. The 314,000...
Houston West Loop Building Sold to New Yorkers on Quest for National Expansion
New York – A portfolio of buildings in Houston, Washington DC, San Diego, and Sacramento have been purchased by a joint venture led by Princeton...
Energy Fallout: 1 Million SF of Sublease Office Space Hits Houston Market
HOUSTON – Energy firms are putting excess Houston office space on the market for sublease following layoffs and pullbacks in their exploration plans, says Dan...
Veteran Houston CRE Lending Expert John Fenoglio: Construction Lending Over in Some Sectors
HOUSTON – Lenders have put a halt on funding new multifamily and office construction projects in Houston in the face of low oil prices, says...
Hunt Creates REIT for Texas Power Lines
DALLAS – InfraREIT, a power line company created by billionaire Ray L. Hunt’s organization, launched its initial public offering and began trading on the New...
Camden Starts Multifamily Project in Houston’s Midtown
HOUSTON – Camden Property Trust, a Houston-based REIT led by Ric Campo, has started construction on Camden McGowen in Houston’s Midtown area. The $90 million...
Sale of AmREIT Firm Approved: Closing of Deal in Late Feb.
HOUSTON — Shareholders of AmREIT Inc., a Houston-based real estate development firm, have approved the sale of AmREIT to South Carolina-based Edens Investment Trust. AmREIT controls...