Crowne Plaza Hotel in Downtown Houston Sold to Hotel REIT
HOUSTON – The 259-room Crowne Plaza Houston Downtown Hotel, 1700 Smith Street, has been sold for $30.7 million in cash, plus other consideration, according to...
Category : Breaking News
Transwestern: Houston has Strongest Economy; Strongest Industrial and a Darn Good All-Around CRE Market
HOUSTON – With an economy that is outperforming most cities, Houston has the lowest vacancy rate in the country for industrial buildings and its office...
REALTOR PLAZA: 93-Story Headquarters for National Assn. of Realtors Proposed in Chicago
CHICAGO – The National Association of Realtors reportedly has agreed to pursue the development of a 93-story office tower and mixed-use development that will house...
Grocer Aldi to Build 650,000 SF Facility in Rosenberg Near Houston
ROSENBERG, Texas – Aldi Inc., a leading low price grocer will build a 650,000 sf distribution center and divisional headquarters in Rosenberg, a community located...
Student Housing Project Near Texas A&M is Sold
COLLEGE STATION, Texas – A joint venture of Alex. Brown Realty, and Asset Plus Cos. of Houston has sold Crossing Place Apartments in College Station,...
Hines to Redevelop Walter Reed Army Hospital into 3 Million SF Town Center; Weingarten Realty and Toll Bros. also Partners in Massive Historic Redevelopment
WASHINGTON – A group led by Houston-based Hines has been selected to redevelop the Walter Reed Army Medical Center into a 3-million-sf town center project....
TRI Pointe Becomes One of Nation’s Largest Builders with the Purchase of Trendmaker Homes and Four Other Home Builders
IRVINE, Calif. – Trendmaker Homes, one of the largest builders in Houston, and four other builders across the nation, have acquired by TRI Pointe Homes...
Multifamily Deals
HOUSTON – Tip Strickland and A. David Schwarz of Grandbridge Real Estate Capital closed on a 5-year construction loan for the development of Vargos on...
With Occupancy at 99 Percent and New Construction Boom, CBRE Re-Draws Energy Corridor Area Submarkets of West Houston
HOUSTON – The significant amount of office building construction in the Energy Corridor and other parts of West Houston has prompted CBRE Research to create...
Singapore Group Joins Hines to Develop 72-Story Tower in NYC
New York – The 72-story residential tower to be developed by Hines adjacent to New York’s Museum of Modern Art has added Pontiac Land...