ULI Unveils $242 Million Astrodome Redevelopment Plan
HOUSTON – A report by the Urban Land Institute has detailed a plan, with an estimated $242 million price tag, that would transform Houston’s Astrodome...
Category : Houston
Cresa’s Lower Kirby District Breaking New Ground
HOUSTON – The Houston office of Cresa, North America’s largest tenant representation firm, has announced plans for a new 500,000 square-foot industrial class A development in...
Hines, Pearlmark Announce New Office Project in Calif.
SAN MATEO, Calif. – Hines, the Houston-based real estate firm, has announced plans for a new office building in California. Hines and Pearlmark, a Chicago-based...
CBRE: Houston Apartment Rents at All-Time High, While National Assn. of Realtors Says Rising Rents Unsustainable
HOUSTON – Multifamily rental rates hit an all-time high in Houston in 2014 according to CBRE. Rents were up 8.1 percent in 2014 over the...
The Woodlands Reports $168 Million of Land Sales in 2014
HOUSTON – The Woodlands, a master planned community 27 miles north of downtown Houston, recorded $168 million in land sales revenue during 2014, according to...
Lower Oil Prices Mean Lower Home Sales in Houston, Realtors Say
HOUSTON – Houston home sales dropped 5.8 percent in February as declining energy market impacted residential sales, the Houston Association of Realtors reported. The Houston...
Griffin Capital Buying Energy Corridor Property for $135M
HOUSTON – Griffin Capital, a private REIT based in El Segundo, Calif., is buying the Westgate 2&3 buildings for $135 million, according to Real Estate...
Metzler to Pay $435 Million for 1000 Main Building
HOUSTON – Metzler Real Estate has agreed to pay $435 million, or $520 per square foot, for the 36-story 1000 Main Tower in downtown Houston,...
Cousins Announces Two Leases in Houston
HOUSTON — Cousins Properties has signed two large lease extensions in Houston totaling 216,000 square feet with Direct Energy and Cox Radio. “I’m very pleased...
Northeast Houston: Is It Time for a Growth Surge?
HOUSTON – Northeast Houston, bypassed for decades as growth surged elsewhere, is gaining jobs and a growing share of single-family construction, although it still lacks...