Ralph Bivins’ Top Six Predictions for Houston Realty in 2013
Houston real estate had an excellent 2012 and outlook for 2013 looks very solid, as well. The job growth may be down slightly. Houston led...
Category : Houston
Shorenstein Buys Exxon Mobil Tower for $50 Million
By Ralph Bivins HOUSTON – Shorenstein Properties has acquired the 45-story Exxon Mobil building in downtown Houston for a redevelopment that will restore the property...
Metrostudy Purchased by Hanley Wood
HOUSTON – Hanley Wood LLC, publisher of Builder magazine with media, information and marketing services company serving the residential, commercial design and construction industries, has...
Houston Office Property Sells for $124 Million
HOUSTON – Parkway Properties purchased Phoenix Tower, a 626,000-sf office building in Houston’s Greenway Plaza area, for $123.8 million, or $198 per square foot. Phoenix...
Taylor Morrison Buys Texas Home Builder
HOUSTON – Taylor Morrison, a Scottsdale, Ariz.-based North American home builder, has entered into a purchase agreement to acquire Texas home builder Darling Homes for...
MD Anderson Cancer Hospital Buys Major Tract in West Houston
HOUSTON – The University of Texas’ MD Anderson Cancer Center purchased 34.5 acres in the Energy Corridor of west Houston for a major medical facility....
Office Sells for $35 Million in Houston’s Energy Corridor
HOUSTON – The Reserve at Park Ten, a 145,114-sf, Class A office building located in Houston’s Energy Corridor was purchased by a subsidiary of CapLease...
REIT Buys Industrial Buildings in Houston
HOUSTON – Industrial Income Trust, a REIT, has closed the sale of a five-property, 709,114-sf industrial portfolio in Houston. HFF marketed the portfolio on behalf of the...
Boxer Entering Hotel Sector
PHOENIX – Boxer Property, a Houston-based firm which has invested in office properties since 1992, is adding hotel investments into its portfolio. Boxer announced it...
West Loop Office Building Sold in Houston
Houston – CBRE announced the sale of 1800 West Loop South, a 400,101-square-foot, Class A office building located in Houston’s Galleria/Uptown office submarket. Strategically located...