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Category Archives: Houston

The Soul of Houston Has Been Saved – The Astrodome Will Be Reborn

HOUSTON – (Commentary By Ralph Bivins, Realty News Report) – The Astrodome – an accomplishment in engineering that symbolizes Houston’s can-do spirit – represents the soul of Houston. Demonstrating bold leadership, Harris County officials voted Tuesday to spend the funds to restore it and give it a new life. The world’s original air-conditioned domed stadium, the Astrodome was baptized in ... Read More »

NAI Fund Sells Office Building in SE Houston

HOUSTON – (Realty News Report) – NAI Investment Fund sold its office building at 12600 North Featherwood Drive, in southeast Houston. The building was the first property purchased by Fund I shortly after it launched in 2015. Andrew Pappas and Adam Hawkins of NAI Investment Fund worked with Marty Hogan of HFF to close the deal. 

“Our investment thesis since ... Read More »

Caddis Buys Medical Buildings

HOUSTON – (Realty News Report) – Dallas-based Caddis Partners, a healthcare real estate company, has acquired three medical office buildings, including properties in Houston, Dallas and Atlanta, according to a report by Tony Wilbert of CoStar News. Included in the deal was the Atascocita Medical Center, a 31,000-SF medical building at 17903 West Lake Houston Parkway, near Will Clayton Parkway ... Read More »

Update From 515 Post Oak, A Building that Signaled the 2017 Turnaround

HOUSTON – (Realty News Report) – Greater Houston Community Foundation leased 18,400 SF in the 515 Post Oak building, located on the east side of Loop 610  in the Galleria area. The foundation, which assists in philanthropic partnerships, was represented by Dan Boyles and Liz Westcott-Brown of NAI Partners. Richard Barbles of Stream Realty Partners represented the landlord, Spear Street ... Read More »

New Grandway West Project Leasing Up in West Houston

HOUSTON – (Realty News Report) -Two leases totaling 30,139 SF have been signed at Phase IV of Grandway West, a six-building office project that will total approximately 850,000 SF when complete. Currently, the project has delivered 280,252 SF in three separate buildings. Phase IV, which consists of 72,045 SF delivered in January of this year and is now 93 percent ... Read More »

Another Large Block of Office Space Hits Sublease Market in Houston’s Energy Corridor

HOUSTON – (Realty News Report) – A major block of Energy Corridor office space has been placed on the sublease market by TechnipFMC, a firm that performs engineering and construction for the energy industry, according to NAI Partners. The TechnipFMC sublease space, which totals 375,937 SF, is located in the Energy Tower II building at 11720 Katy Freeway, near Kirkwood. ... Read More »

Retail Center Under Construction in The Woodlands

THE WOODLANDS, Texas – (Realty News Report) – The Howard Hughes Corp. recently broke ground on Lake Woodlands Crossing, a 62,565-SF retail center in The Woodlands Town Center. Lake Woodlands Crossing is located at the northeast intersection of Lake Woodlands Drive and Grogan’s Mill Road. Arch-Con Construction is the general contractor. CDA Architects designed the center, slated for completion late ... Read More »

Levy Park, Sawyer Yards, The Headquarters, Avenida Houston and SEARCH Win Top ULI Awards

HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Levy Park, Sawyer Yards, The Headquarters, Avenida Houston, SEARCH/House of Tiny Treasures, earned top recognition in the Development of Distinction Awards presented by the Houston District Council of the Urban Land Institute. Levy Park, a project that came to fruition after more than 17 years, was selected for the People’s ... Read More »

Transwestern Mobilizes Leasing Team at Brookfield’s Houston Center

HOUSTON – (Realty News Report) – Transwestern has been retained by Brookfield Property Partners to provide leasing services for Houston Center, an iconic mixed-use campus in Houston’s Central Business District comprised of 4.2 million SF of office and retail space. Transwestern’s office leasing team includes Executive Vice President David Baker, Vice President Kelli Gault, Managing Director Doug Little and Senior ... Read More »

Greenway Plaza Adds Retail and Restaurants

HOUSTON – (Realty News Report) – Three retail outlets, Fusion Eats, Green Lane Co., and the Michael Saldana Salon have leased space at Greenway Plaza in the Inner Loop of Houston. Greenway Plaza is a 52-acre development with 11 office buildings totaling 4.9 million SF and other development near the Southwest Freeway and Buffalo Speedway. The Canada Pension Plan Investment ... Read More »

Liberty Property Trust Sells Houston Office Building for $30.5 Million

HOUSTON – Liberty Property Trust sold the Legacy at Fallbrook office building, a 206,000-SF office property at 10720 West Sam Houston Parkway North. The five-story building has 43,300-SF floor plates. The buyer, Exeter Property Group, paid $30.5 million for the building, which sits on a 13-acre tract in northwest Houston. Liberty Property Trust completed the building in 2015, just as ... Read More »

UH’s Bill Gilmer: Houston Not a Good Match for Amazon, Anyway

HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Houston reigns as the “center of the universe for plastics” but the city is not the logical choice for Amazon’s second headquarters, says University of Houston economist Bill Gilmer. “We’re not a match in terms of our labor force,” Gilmer told the Greater Heights Area Chamber of Commerce in a ... Read More »

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