Breaking News

Fracking Play: 3,000 Units Sold in Permian Basin, Where Multifamily Occupancy is 97 Percent

Realty News ReportMarch 20, 2014

by Realty News ReportMarch 20, 2014

MIDLAND, Texas – The Related Cos.’ Related Real Estate Recovery Fund has purchased 3,128 apartment units, primarily located in the Permian Basin of West Texas....

Houston Home Buying Binge Continues

Realty News ReportMarch 19, 2014

by Realty News ReportMarch 19, 2014

HOUSTON – Houston homes sales were up 8.3 percent in February, compared to February of 2013, as home prices rose to record-setting levels last month,...

Avera Breaks Ground on Huge Distribution Facility Near the Port of Houston

Realty News ReportMarch 15, 2014

by Realty News ReportMarch 15, 2014

HOUSTON – Avera Cos., a Texas-based real estate development firm, has broken ground on a massive distribution center at the Port of Houston. The project,...

Energy Corridor Office Building Sold

Realty News ReportMarch 14, 2014

by Realty News ReportMarch 14, 2014

HOUSTON – HFF handled the sale of Gulf Plaza, a six-story, 120,651-sf, single-tenant office building in Houston’s Energy Corridor, which is one of the strongest...

Hotel to be Built Next to New Exxon Mobil Campus in Houston

Realty News ReportMarch 13, 2014

by Realty News ReportMarch 13, 2014

HOUSTON – The gigantic new Exxon Mobil campus, scheduled to open its first office building next month, continues to generate activity on the north side...

Houston Leads Nation with a 70 Percent Increase in Office Rental Rates in Recent Years, JLL Reports

Realty News ReportMarch 12, 2014

by Realty News ReportMarch 12, 2014

HOUSTON – Houston has led the nation in skyscraper rental increases, with its trophy office properties rents rising 70 percent since 2005, according to a...

ABS Leases Greenspoint Space as Exxon Mobil Vacates the Area

Realty News ReportMarch 11, 2014

by Realty News ReportMarch 11, 2014

HOUSTON – American Bureau of Shipping has renewed its lease in Greenspoint Place, a north Houston office complex that has been the home of...

CyrusOne Breaks Ground on 640,000-sf Data Center near Energy Corridor Area

Realty News ReportMarch 7, 2014

by Realty News ReportMarch 7, 2014

HOUSTON – CyrusOne has begun construction on a 640,000-sf data center in west Houston, near the Energy Corridor. The new structure, combined with the other...

Hines Announces Construction Start for 48-Story Tower in Houston; One of the Largest Spec Projects in the World

Realty News ReportMarch 5, 2014

by Realty News ReportMarch 5, 2014

HOUSTON – Hines, the Houston-based international real estate firm, has announced the start of construction of a downtown Houston skyscraper, one of the largest “spec”...

Avera Expands Century Plaza Distribution Center

Realty News ReportMarch 5, 2014

by Realty News ReportMarch 5, 2014

HOUSTON – Avera, a Houston-based commercial real estate development, construction and investment firm, has acquired additional land for an expansion of Century Plaza Distribution Center...