Houston Industrial Building Sold
HOUSTON — Satsuma Distribution Center located at 9020 Jackrabbit Road in the Northwest submarket has been sold. John Nicholson of Transwestern represented the buyer in...
Category : Houston
Shell Signs the World’s Biggest Office Lease of 2011: 1.2 Million SF in Houston
HOUSTON — Shell Oil, in the world’s largest office lease of 2011, has renewed its 1.2 million square foot lease in One Shell Plaza and Two Shell...
Canadian REIT Buying Hess Tower for a Record Price in Houston
HOUSTON — Hess Tower, a new 29-story building in downtown Houston, is reportedly being sold to H and R REIT, a Canadian-based real estate investor,...
Houston Briefs
Houston – Colliers International notes Saroj Kirby, LLC has purchased a 20,750 sf medical office building at 1325 LaConcha Lane, near the Texas Medical Center....
Apartment Briefs
HOUSTON – Greystar, has purchased a 6-acre tract near the Galleria in Houston for future development. Greystar bought the land, located at 3315 Barrington at...
Houston Home Sales Continue Major Upward Swing
By Ralph Bivins HOUSTON – Houston’s existing home sales rose 9.1 percent in October compared to a year ago, extending a string of strong sales...
NBA Star David Robinson’s Admiral Fund Buys Stake in Houston Hotel
HOUSTON – The Admiral Capital Real Estate Fund LP announced the acquisition of a preferred equity interest in the Hilton Garden Inn Houston Energy Corridor...
Apartment Briefs
ANAHEIM – Rental rates will rise about 3 percent annually over the next three years, predicted Lawrence Yun, chief economist of the National Association of...
MetLife Sells Stake in 71-story Wells Fargo Plaza
HOUSTON -MetLife has sold a 50% interest in the 71-story Wells Fargo Plaza in downtown Houston to New York State Common Retirement Fund. MetLife will retain...
Skanska Breaking Ground on Galleria Area Office Tower
HOUSTON — Skanska USA Commercial Development announced it will break ground soon on a 302,00 sf. office tower near the Galleria. The project will be located...