Houston Home Sales Surge 35 percent in October
By Ralph Bivins Houston residential sales increased 35 percent last month over October 2011, according to the Houston Association of Realtors. Prices rose sharply and the...
Category : Houston
Granite Sells Westchase Buildings for $154.7 Million
HOUSTON – Franklin Street Properties purchased two buildings in the Westchase submarket of west Houston for a purchase price of $154,750,000. The office property is...
Credit Suisse Makes First Houston Office Deal
HOUSTON – The 777 Post Oak Boulevard building, a 176,799-sf office building in Houston’s Galleria/West Loop submarket, has been sold to Credit Suisse fund, the...
Energy Corridor Multi-Fam Purchased
HOUSTON – Cortland Partners of Atlanta has acquired Newport on the Lake, a 234-unit multi-family community located in Houston’s Energy Corridor. The development includes 252,768...
Houston Office Vacancy Lowest Since 2008
By Ralph Bivins Vacancy in Houston’s Class A office buildings recently dipped to 8.8 percent, the lowest vacancy rate since 2008, according to the CBRE...
Shorenstein Eyes Exxon Mobil Tower in Downtown Houston
By Ralph Bivins HOUSTON – Shorenstein Properties of San Francisco is negotiating to buy the 1.1 million sf Exxon Mobil tower at 800 Bell in...
Nelson Duffie Buys Industrial Properties
HOUSTON – NDI Industrial Partners, Ltd., a partnership sponsored by Nelson Duffie Interests, Inc., acquired a 417,825 square foot industrial portfolio from Prologis, Inc. This...
Huge Grand Parkway Expansion Underway North of Houston
HOUSTON – Deal Sikes & Associates, an eminent domain consulting firm, reported that 600 parcels of private property will be acquired by governmental entities in the $1 billion...
Moody Rambin: New Office Project in Pearland, Texas
By Ralph Bivins PEARLAND, Texas — After leasing up the first phase of Shadow Creek Business Center, an office building in the Houston suburb of Pearland, ZT...
Hines Buys Cafe Adobe Site for Houston Apartment Construction
HOUSTON – Hines, one of the largest real estate development firms in the world, has acquired the Cafe Adobe restaurant property on Westheimer Road in...