Realty News Report Covering Commercial and Residential News

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Central Automotive Group opened a 162,500 SF expansion at its Astrodome-area facility, making it the largest Nissan dealership in the world. The project, located at 2901 South Loop West, covers 16 acres, with a third of a mile fronting the 610 South Loop. The spiffy red, white and gleaming ... Read More »

HOUSTON – (Realty News Report) – Fuller Parkview LLC, an affiliate of Fuller Realty Partners acquired a pair of Class B office buildings in the Energy Corridor. The two-building portfolio, which is 11 percent leased, is located south of Interstate 10. The seller, LNR Partners, was represented by JLL’s Rick Goings, Rudy Hubbard and Kevin McConn, The buildings, called Parkview ... Read More »

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Houston Realtors had their best May ever as low mortgage rates and a more ample inventory of homes for sale churned up the housing market. The Houston Association of Realtors reported 8,346 single family homes were sold in Houston in May, up 2.8 percent over the 8,117 sold in ... Read More »

HOUSTON –  (By Cynthia Lescalleet for Realty News Report) – With first residents expected July 1 at Drewery Place, Caydon Development’s high-rise apartment building in Midtown, company CEO Joe Russo was in Houston to check the $200 million project’s progress as well as that of the second phase of the Melbourne-based company’s mixed-use development, Houston Laneways. Multi-phased, the project is located ... Read More »

HOUSTON – (By Cynthia Lescalleet for Realty News Report) – Over the weekend a pair of new hike-and-bike trails officially opened along Sims Bayou in Houston as part of Bayou Greenways 2020. While relatively small in length, the new 1.5-mile and 2.5-mile segments are helping connect Bayou Greenways’ growing network of new and renewed parks, trails and public spaces on ... Read More »

HOUSTON – (Realty News Report) – Austin-based Oden Hughes LLC has broken ground on a 380-unit apartment complex at the corner of Bay Area Blvd. and Middlebrook Drive in Clear Lake City on the southeast side of Houston. MXCAP, a Monterey, Mexico-based group led by Jorge Alberto Sanchez Salinas, is a significant investor in the project. A lack of sufficient ... Read More »

HOUSTON – (By Dale King, Realty News Report) – Hurricane Harvey’s 50 inches of rain was severe. But even when the rain and wind of a hurricane is rated only Category 1, storm surge-generated flooding poses a great threat to homes along the coast – a situation that virtually any cyclonic storm could create, said speakers at a recent Core-Logic ... Read More »

HOUSTON – (By Kyle Hagerty for Realty News Report) – Seven new food options are coming to the Texas Medical Center, known for its lack of eateries  despite a work force that numbers over 100,000 employees and the millions of patients that are treated annually. Pearl Hospitality’s Westin Houston Medical Center is set to open in early 2020. The new ... Read More »

HOUSTON – (Realty News Report)– Benjamin Berg of Berg Hospitality Group is revamping the well-known Uptown restaurant, Cafe Annie, through a new partnership with Chef Robert Del Grande. Cafe Annie has closed during the redevelopment and will reopen this fall The Annie Café & Bar. “We are delighted to welcome this team to 6 BLVD Place along the updated and ... Read More »

HOUSTON – (Realty News Report) – Realty News Report Editor Ralph Bivins, author of a new book on Houston, is appearing now on the popular Looped In podcast hosted by Nancy Sarnoff of the Houston Chronicle. The book – Houston 2020: America’s Boom Town – An Extreme Close Up– Bivins lays out the projects, partnerships and personalities that are positioned ... Read More »

HOUSTON – (By Ralph Bivins, Realty News Report) – Houston’s newest downtown skyscraper, a silvery 35-story building that opens up its basement level in a way that has never been attempted before, has been officially christened Bank of America Tower. The naming announcement was made Wednesday by Skanska, the building’s developer and Bank of America, the anchor tenant which leased ... Read More »

HOUSTON – (By Cynthia Lescalleet for Realty News Report) – Uptown Park’s redevelopment by EDENS has wrapped up the district’s year-long makeover, which has changed up the Old World aesthetic for a more modern, more connected one. The 20-old property sits on 14 acres at Post Oak Oak Boulevard and Loop 610. Its original layout — seven clusters of lifestyle-oreinted ... Read More »