Hines/Oaktree JV Buys 1 Million SF of Office Space in Calif.
SAN BERNARDINO, Calif. – A joint venture of Houston-based Hines and a fund managed by Oaktree Capital Management has acquired Tri-City Corporate Centre, a portfolio...
Category : Houston
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...
ComCapp Buys Apartment Complex Near University of Houston
HOUSTON — Commerce Capital Partners, a San Antonio-based firm also known as ComCapp, has purchased Cityside Crossing, a 360-unit multi-housing community in southeast Houston, near...
Gracepoint Building 188-Acre Community North of Houston
MAGNOLIA, Texas – Gracepoint Homes has broken ground on its newest community, Stillwater, a 188-acre development near Interstate 45 just south of FM 1488 in...
Houston Adds 96,700 Jobs, Despite Oil Woes
HOUSTON – Despite the downbeat tone of economy in the oil-rich Lone Star State, Houston continues to put up some impressive jobs growth numbers. The...
SEDCO of Saudia Arabia Advances “Shariah Compliant” Buying Spree in Houston
JEDDAH, Saudi Arabia – SEDCO Capital of Saudi Arabia says it has launched a buying program to acquire “a sizable portfolio” of seniors housing in...
Mission Buys Property in Energy Corridor
HOUSTON – In an office buy/land assemblage in the Energy Corridor, The Mission Cos. purchased Ashford Place II & III, two low-density office buildings in...
Al Ross Building Spec Residential Tower Near Downtown Houston
HOUSTON – Al Ross Luxury Homes has announced plans to build The Monroe at Bayou Park – an all-concrete, six-story mid-rise residential project one mile...
CBRE: Oil Skid to Hurt Office Occupancy in Houston
HOUSTON – A slowdown in Houston’s energy industry could cause direct office vacancy to hit 15 percent by 2017, up from 11.6 at the end...