Strong Economy Ignites Boom in Texas Retail Center Valuations
HOUSTON – Exceptional job growth, population gains and improved retail fundamentals have significantly elevated the sales prices for shopping centers in Texas over the last...
Category : Breaking News
Gaedeke Group Buys Millennium Tower in North Dallas
DALLAS – Gaedeke Group LLC has acquired the 351,683-sf Millennium Tower in far north Dallas from KBS Realty Advisors in an all-cash transaction. Located on...
Historic Property: One of the Last Art Deco Buildings to be Built in Houston will be Managed by Hines
HOUSTON – The Hines real estate firm has been retained to manage one of the last Art Deco buildings constructed in Houston, the former City...
Spec Specialist Myers, Crow & Saviers Leases Spec Office Building to Geico; Prepares to Start Another Spec Shortly
HOUSTON – Myers, Crow & Saviers, a spec specialist, has leased an empty spec office building near Houston to Geico insurance. Next, the developer plans...
REIT Buys the Most Flamboyant Shopping Center in Texas
By Ralph Bivins HOUSTON – The Portofino shopping center, one of the most ambitiously designed shopping centers in Texas, has been acquired by the Kite...
1 Million SF of Distribution Space Underway at Hines’ Pinto Business Park
HOUSTON – Hines, the Houston-based international real estate firm, and its joint venture partners Kohlberg Kravis Roberts & Co. and Pinto Real Estate Development have...
Phillips 66 Breaks Ground on 1.1 Million SF Headquarters Campus in West Houston
HOUSTON – Phillips 66 broke ground Friday on its 1.1 million sf headquarters campus in the Westchase District in West Houston, where a large number...
Fein Sells Washington Heights Project for $62 Million
HOUSTON – Intercontinental Real Estate has purchased the 326-unit Sawyer Heights Lofts, located about two miles west of downtown, for $61.6 million. The seller was...
Mr. Gerald D. Hines Awarded USGBC’s President’s Award; Hines’ Firm has 100M SF of LEED-Certified Space
HOUSTON – Gerald D. Hines, chairman and founder of the Hines firm, has received the President’s Award from the U.S. Green Building Council (USGBC) in...
Monmouth REIT Makes Industrial Play near New Exxon Mobil Campus in Houston
HOUSTON – Monmouth Real Estate Investment Corp. bought a 114,923 SF industrial building and adjoining acreage near the new Exxon Mobil campus on the north...