Mass Mutual: Houston is Not Redlined
HOUSTON – A major institutional investor says it remains open to buying Houston properties. “We have not redlined any property type and we have not...
Category : Capital Markets
High Hopes: Whisper Number is $40M for Houston Chronicle HQ
HOUSTON – Hearst Corp. is hoping to fetch as much as $40 million in the sale its downtown Houston Chronicle property. Employees of the nation’s...
CenterPoint Properties Buys 27 Houston Buildings
HOUSTON – Continuing a Houston buying spree, CenterPoint Properties has acquired a 27-building industrial portfolio with 3.6 million square feet of Houston warehouse space. The...
German Investor Finalizes Its Purchase of 1000 Main Tower in Houston for $440M
HOUSTON – Germany-based Union Investment announced it has finalized the purchase of the 36-story 1000 Main office tower in downtown Houston for approximately $440 million...
Former Bombay Co. HQ Building Purchased by Transwestern Investment Group
FORT WORTH – The former Bombay Co. headquarters building in Fort Worth has been purchased by Transwestern Investment Group, on behalf of Diversified International Partners....
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...
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...
Rosemont Realty Buys Office Building in Houston’s Energy Corridor
HOUSTON – Rosemont Realty, LLC, a leading commercial real based in Santa Fe, N.M., has acquired Kirkwood Tower in Houston’ Energy Corridor. The acquisition of...
Tower in Downtown Houston Draws Record Price
HOUSTON – LaSalle Investment has agreed to pay $450 million for the 1000 Main building in downtown Houston – a price that will be the...