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...
Category : Houston
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...
Spec Construction to Surge
HOUSTON — Developers are expected to break begin ground on more speculative industrial projects as a result of increased demand and decreased vacancy. Houston’s industrial...
Inland Buys Houston Retail for $172 Million
HOUSTON – Inland Real Estate Acquisitions, Inc., the purchasing arm of The Inland Real Estate Group of Companies announced its $172 million acquisition of a...
GSL Welcome Group of Houston Buys Another Austin Property
AUSTIN – GSL Welcome Group of Houston has purchased its third Austin property. BoyarMiller’s Timothy Heinrich and Blake Royal represented GSL Welcome Group in connection...
Texas Office Leasing Briefs
HOUSTON – CBRE has closed on a renewal of an office lease expansion totaling 19,742 sq. ft. to VAALCO Energy, Inc. at 4600 Post Oak...
Residential Acreage Sold in Houston
HOUSTON – Woodridge Forest, a 296-acre site planned for a single-family development in the Kingwood area of Houston has been purchased by WR Forest, LLC....
Houston Apartment Construction Up
A number of new apartments are being built in Houston where occupancy and rents are rising. “Things are all good right now,” says Stacy Hunt,...