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Category Archives: Houston

How Many Houstonians Travel 90 Minutes to Get to Work? The Survey Says: It’s a Lot

HOUSTON – (By Dale King, Realty News Report) – It’s a bird; it’s a plane; it’s a super commuter. These are the brave souls who travel 90 minutes or more getting to work. And that’s just the one-way segment. Nationally, 2.9% of workers are super commuters – long riders aboard cars, buses, trains and other modes of transport, says a ... Read More »

July was Best Month Ever for Houston Home Sales, Realtors Say (Almost 9,000 Homes Sold)

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – With almost 9,000 homes sold, July was the best month ever in Houston real estate history, the Houston Association of Realtors reported. The association reported 8,953 single-family homes were sold in July. That shattered the previous record month – July of 2018 when 8,385 houses were sold. “Real estate ... Read More »

Houston Firm Moves HQ to 910 Louisiana

HOUSTON – (Realty News Report) – Ontellus, the nation’s largest privately-held data retrieval and claims intelligence provider, is moving its national headquarters to the 910 Louisiana building in downtown Houston. Ontellus, which has achieved 20 percent revenue growth in the past year and significantly grown its workforce, will occupy more than 32,000 SF on floors 45 and 46 of the ... Read More »

$12M in disaster relief money to fund affordable senior housing in Houston’s Third Ward

HOUSTON – (By Dale King, Realty News Report) – The federal government has allocated $12 million in disaster relief funds to help a historic section of Houston rebuild from the destruction inflicted by Hurricane Harvey two years ago. The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, recently announced it has received the cash to “replace housing stock ... Read More »

JLL Finance Team Leaves Firm to Open Walker & Dunlop Office

HOUSTON – (Realty News Report) – A group of veteran commercial real estate finance professionals from Jones Lang LaSalle have been retained to start a Walker & Dunlop office in Houston. Mike Melody, Tom Melody, Tom Fish and Paul House have been named managing directors at Walker & Dunlop’s new office in Houston. Jonathan Paine was named senior vice president. ... Read More »

Finalists Named In Design Competition for New Houston Endowment Building

HOUSTON – (Realty News Report) – Four finalists have been selected in the international design competition that will result in the creation of a new headquarters building for the Houston Endowment, a philanthropic organization. The funding for the 40,000-SF project has been secured, along with the site, which is just west of downtown, near Buffalo Bayou, Memorial Drive and Spotts ... Read More »

Reimagining the Houston Farmers Market – Ground Broken for Heights Project

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – MLB Capital Partners, Houston-based commercial real estate investment, broke ground Tuesday on the much-anticipated Houston Farmers Market redevelopment project near The Heights. The 77-year-old market on Airline Drive will be upgraded with enhanced facilities, modern infrastructure, diversified product offerings and sustainable community programming to establish a unique destination retail ... Read More »

Post Oak Central Adding Upscale Retail

HOUSTON – (Realty News Report) – Parkway Properties Investments has signed M.M. LaFleur, a high-end retailer, as a tenant in Post Oak Central, as part of an effort to add an upscale retail to the development. “This lease furthers our goal of creating an upscale retail mix that not only builds our campus ecosystem, but also positions Post Oak Central ... Read More »

Colliers: Woodlands Office Market is a “Bright Spot” in Houston

THE WOODLANDS – (Realty News Report) – The office market in The Woodlands recorded positive second-quarter results with improving occupancy and rental rates, according to Colliers International. Class A rental rates averaged $37.30 per SF, the highest in a over a decade, Colliers reported. Uncertainty hovers over the two, 30-story Woodlands towers occupied by Anadarko Petroleum, which is being acquired ... Read More »

PBK Architects Expands Greenway Plaza HQ

HOUSTON – (Realty News Report) – The PBK architecture and engineering firm has expanded and extented of its corporate headquarters facility at 11 Greenway Plaza in Houston’s Inner Loop. This is the second phase of a 40,000-SF renovation for the firm. Once renovations are complete in October, the new space will include more open work areas and collaboration spaces and ... Read More »

Investor Makes Play in Pearland (Ranked as the 10th Fastest Growing City in the Nation)

PEARLAND, Texas – (Realty News Report) – TIG Real Estate Services has sold a mixed-use center Pearland, a high-growth suburb south of Houston. The JLL Capital Markets team representing the seller consisted of Senior Managing Director Dan Miller, Director John Indelli and Analyst Bryan Strode. “Investor sentiment for real estate in Pearland, one of the fastest-growing markets in Houston, continues to ... Read More »

With Rainwater Collection and Rooftop Garden, New Houston Skyscraper Ranked as One of Most Sustainable Towers in the World: LEED Platinum

HOUSTON – (Realty News Report) – A new 35-story office building in downtown Houston has been awarded LEED Platinum status, a certification indicating it is one of the most sustainable and energy-efficient skyscrapers in the world. The Bank of America Tower, a 780,000-SF office building at 800 Capitol, uses 32 percent less energy than typical towers, according to Skanska USA ... Read More »

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