Realty News Report Covering Commercial and Residential News

HOUSTON – (Realty News Report) – Stream Realty Partners is expanding its Houston industrial division with a tenant representation team led by Managing Director Tyler Maner. A number of real estate professionals will be hired for the industrial team, which will focus on representing tenants and owners that occupy industrial space. “We have seen a growing desire in the market, ... Read More »

HOUSTON – (Realty News Report) – The Welcome Group is developing an industrial project on the South Sam Houston Parkway, just west of Highway 288 near Almeda School Road. The South Sam Houston Parkway has a significant amount of industrial construction with new projects under construction by Clay Development and Construction, Hines and other firms. KDW is constructing the 23,100 ... Read More »

EL CAMPO, Texas – (Realty News Report) – Vitro Chemicals, a subsidiary of a Mexico-based glass manufacturer, will occupy a new warehouse in the 540-acre Southwest International Gateway Business Park, a new industrial development designed to accommodate cross-border trade. The rail-served business park, which is “purpose-built for cross-border shippers” is located 60 miles southwest of Houston in El Campo, according ... Read More »

HOUSTON – (Realty News Report) – United Equities has signed leases for Phase 1 of its new Beltway-225 Business Park along Beltway 8 in Pasadena. “There has been ongoing demand for high-end industrial product in Houston,” said Doug Freedman, Vice President, United Equities. “We’re proud to deliver spec developments with all of the features and amenities today’s premier industrial tenants are ... Read More »

HOUSTON – (Realty News Report) – High Street Logistics Properties purchased the Beltway North Commerce Center, a fully leased, Class A, cross-dock industrial distribution center totaling 352,680 SF in Houston. JLL’s Trent Agnew, Rusty Tamlyn, Charlie Straus and Katherine Miller marketed the property on behalf of the seller, Nuveen Real Estate. The property is fully occupied by Air General, an industry-leading national cargo handling ... Read More »

HOUSTON – (Realty News Report) – Wholesome Sweeteners leased 349,050 SF at Victory Commerce Center at 2851 East Pasadena Boulevard in Deer Park. Wholesome Sweeteners was represented by Ryan Fuselier and Carl Mueller of JLL. Jon Lindenberger, Walter Menuet and Paul Dominique of Colliers International represented the landlord, Crow Holdings Industrial in the transaction. Wholesome Sweeteners is an organic and non-GMO food company founded in Sugar ... Read More »

HOUSTON – (Realty News Report) – Redwood Property Investors III LLC, a California-based private investment fund, recently purchased the former Exterran Energy Solutions campus in northwest Houston at 12001 North Houston Rosslyn Road. The project has 301,127 SF of industrial warehouse,  manufacturing and office buildings on 32 acres of land. Clay Pritchett and Zane Carman, of NAI Partners represented Redwood Property ... Read More »

HOUSTON – (Realty News Report) – Today, America’s warehouses are experiencing the backwash from the e-commerce boom. January 2 will be the peak day for merchandise returns with an estimated 1.9 million packages heading back from buyers to sellers on this day alone, according to a new CBRE report. The wave of returns requires a great deal of warehouse space. ... Read More »

BAYTOWN, Texas – (Realty News Report) – Avera is proceeding with construction of Cedar Port Logistics, a 644,000-SF industrial project in Cedar Port Industrial Park which is the largest master-planned rail and barge-served industrial park in the United States. Avera is tilting up concrete wall panels at the building, which is situated on 40.8 acres within the 15,000-acre Cedar Port ... Read More »

HOUSTON – (Realty News Report) – Colliers International reports 26 industrial buildings are under construction in Fort Bend County on the southwest side of the Houston area. In recent years, a number of large distribution projects have been constructed near Highway 90 and the Sam Houston Parkway, Beltway 8 area in Fort Bend County. Colliers reported 668,000 SF of industrial ... Read More »

HOUSTON – (Realty News Report) – Houston’s industrial real estate sector is changing – and it may not be for the better. Construction of distribution product in the Houston area continues to grow according to the 2019 second quarter report from Lee & Associates. From the 2018 third quarter to the 2020 first quarter, a little over 24 million square ... Read More »

HOUSTON – (Realty News Report) – COE Distributing, a nationwide wholesale distributor of office furniture, signed a 251,754 SF lease at Highland Grove Industrial Park, a redevelopment of the former Randall’s distribution center near Highway 290. The property landlord, CRP/CHI Randalls Owner, LP was represented by Cory Driskill and Travis Covington of Crow Holdings Industrial and Faron Wiley of CBRE. ... Read More »