Verde Realty of Houston to be Purchased for $366 Million
HOUSTON – Verde Realty, a Houston-based REIT, will be purchased by Brookfield Asset Management and Hillwood Investment Properties for $366 million. Verde Realty owns 78...
Category : Houston
Deer Park Industrial Building Sold for $17.8 Million
DEER PARK, Texas – Inland Diversified Real Estate Trust has purchased the 160,000-square-foot Siemens Gas Turbine Division North American headquarters in Deer Park for $17.8...
CapLease REIT Purchases Woodlands Building for $40.5 Million
THE WOODLANDS – CapLease has purchased the fully leased Reserve at Sierra Pines office building in The Woodlands, just north of Houston, for $40.5 million....
Houston Home Sales Up Sharply in June
By Ralph Bivins The Houston Association of Realtors reported Houston area home sales were up 14 percent over June of last year. For the month...
Marvy Finger Developing Multi-Family Next to Minute Maid Park
HOUSTON — Apartment developer Marvy Finger is developing a seven-story apartment building adjacent to the left field wall of Minute Maid Park, home of the...
Hines Selling Shell Plaza in Houston for $550 Million
HOUSTON – Hines is selling the 1.8 million square foot Shell Plaza office complex in downtown Houston for $550 million. The buyer is an affiliate...
Office Building Sold in Houston’s Energy Corridor
HOUSTON — Frontier Equity purchased Kirkwood Tower, a 285,682-square-foot, Class A office building in Houston’s Energy Corridor. Kirkwood Tower, 11757 Katy Freeway, was built in...
Houston Briefs
Newpark Drilling Fluids, an oilfield supplier, is moving into a new 100,000-sf building being constructed for it in Houston’s Energy Corridor, according to the Houston...
Younan Sells West Loop Tower
HOUSTON – ROC Bridge Partners, LLC of Salt Lake City has purchased the 1700 West Loop South office building in Houston from Younan Properties and...
Dutch Firm Developing Spec Office in Houston’s Energy Corridor
HOUSTON – Stena Realty Group, an Amsterdam-based firm, will develop two office buildings in the Energy Corridor area of west Houston, according to a report...