Multi-Family Wire
RICHMOND, Va. – Landmark Apartment Trust of America, a multifamily REIT bought three multifamily properties valued at $42.15 million from Elco Landmark Residential Holdings, MB...
Category : Capital Markets
Real Estate Alert: Historic 712 Main Building For Sale in Downtown Houston
By Ralph Bivins The former Gulf Building – an Art Deco landmark on Houston’s skyline is being marketed to investors by HFF. The 37-story Main...
Korean Capital Flees to Houston with $480 Million Purchase of Hines Tower
By Ralph Bivins HOUSTON – The 46-story BG Group Place in downtown Houston is being acquired by Invesco Real Estate, with backing reportedly from Korean...
Shorenstein Buys Exxon Mobil Tower for $50 Million
By Ralph Bivins HOUSTON – Shorenstein Properties has acquired the 45-story Exxon Mobil building in downtown Houston for a redevelopment that will restore the property...
Wells REIT Buys San Fran Tower
SAN FRANCISCO – Wells Real Estate Investment Trust II has acquired 333 Market Street, a 33-story office tower in the heart of San Francisco’s Financial...
Houston Office Property Sells for $124 Million
HOUSTON – Parkway Properties purchased Phoenix Tower, a 626,000-sf office building in Houston’s Greenway Plaza area, for $123.8 million, or $198 per square foot. Phoenix...
Office Sells for $35 Million in Houston’s Energy Corridor
HOUSTON – The Reserve at Park Ten, a 145,114-sf, Class A office building located in Houston’s Energy Corridor was purchased by a subsidiary of CapLease...
Woodway Office Building Sold in Houston
HOUSTON – A Houston office building, 4900 Woodway, a 119,127-square-foot, 12-story office building in Houston’s West Loop area, has been sold for an undisclosed...
Credit Suisse Makes First Houston Office Deal
HOUSTON – The 777 Post Oak Boulevard building, a 176,799-sf office building in Houston’s Galleria/West Loop submarket, has been sold to Credit Suisse fund, the...
Shorenstein Eyes Exxon Mobil Tower in Downtown Houston
By Ralph Bivins HOUSTON – Shorenstein Properties of San Francisco is negotiating to buy the 1.1 million sf Exxon Mobil tower at 800 Bell in...