Wednesday , 1 April 2020
Breaking News

Category Archives: New Development

Energy Firm Signs Major Office Lease in The Woodlands

THE WOODLANDS – (Realty News Report)- Western Midstream Partners leased 133,948-SF —  the top five floors of 9950 Woodloch Forest Drive, a prime office building in The Woodlands that had been occupied by Occidental Petroleum and Anadarko Petroleum. The 31-story tower is one of two premier Class AAA office towers and recently rebranded The Woodlands Towers at The Waterway. As ... Read More »

New Jersey Developer Building Another Project in Texas

AUSTIN – (Realty News Report) – The Michaels Organization, based in Camden, N.J., has broken ground on a 307-unit multifamily project at 5700 East Riverside Drive in Austin. The $59 million multifamily development marks Michaels’ first entrance into the Austin market, which is one of the fastest-growing cities in the country. Located at 5700 East Riverside Drive, the mid-rise project, called Zoey, will ... Read More »

Patrinely Group and USAA Developing Office Tower in Downtown Salt Lake City

SALT LAKE CITY – (Realty News Report) – A development venture of Patrinely Group and USAA Real Estate is developing a 10-story, 326,000-SF office building at 650 Main Street in downtown Salt Lake City, Utah. EnerBank USA, a national consumer lender company, will occupy 88,900-SF on the top three floors of the building, starting in early 2022. Designed by HOK, ... Read More »

Montrose Combination Rising: La Colombe d’Or; Hines; NewForm Real Estate and the 97-Year-Old Fondren Mansion

HOUSTON – (Realty News Report) – The Zimmermans, represented by NewForm Real Estate, in a joint venture with Hines, disclosed additional details for its La Colombe d’Or Hotel renovation in the Montrose area. In addition to the 34-story The Residences at La Colombe d’Or developed and previously announced by Hines, La Colombe d’Or Hotel’s footprint will grow to a total of ... Read More »

Southeast Houston Ranked No. 5 in Construction Nationally, CBRE Reports

HOUSTON – (Realty News Report) – Southeast Houston, with 4.7 million SF under construction, ranks No. 5 in a CBRE national construction ranking of industrial submarkets in 2019. North Fort Worth, with 12 million SF, led the nation as the top construction submarket, CBRE said. It was followed by South Atlanta, Northeast Atlanta and Ontario, Calif. The report said 289 ... Read More »

Radom Capital Receives $104.75M in Financing for Montrose Mixed-Use Project

HOUSTON – (Realty News Report) – Radom Capital has received $104,750,000 in financing for the Montrose Collective, a mixed-use project under development near the intersection of Montrose Boulevard and Westheimer. JLL worked on behalf of the borrower, Radom Capital, to secure the construction loan with Bank OZK and joint venture equity from institutional investors advised by J.P. Morgan Asset Management. ... Read More »

Approaching Build-Out: Nine-Story Spec Tower Underway at Memorial City

HOUSTON – (Realty News Report) – Nearing built-out status, MetroNational has broken ground on a nine-story, 190,000-SF spec office tower in Memorial City, a 265-acre mixed-use project in West Houston. “The new office tower will mark the completion of a 2.7-million square-foot campus in Memorial City,” said Jason Johnson, President of MetroNational. “Over the span of a decade, MetroNational has ... Read More »

Stream Realty Partners Redeveloping Quadrangle Center as The Quad with New Office Tower

DALLAS – (Realty News Report) – Stream Realty Partners is developing a 500,000-SF mixed-used project on a four-acre site along Howell Street in Uptown Dallas. The project, called The Quad, will include a new 12-story office building with 335,000 SF of creative space. The office building’s top floor is home to The Quad Club, a penthouse amenity center with a tenant lounge, ... Read More »

Construction Underway on 440,000-SF Office Project on the North Side of Houston

HOUSTON – (Realty News Report) – A joint venture of Patrinely Group, USAA Real Estate and CDC Houston, announced the start of construction on a two-building campus for the offices of Hewlett Packard Enterprise, north of Houston. Scheduled for completion in spring 2022, the Hewlett Packard Enterprise development will consist of two 5-story buildings located at the southwest corner of ... Read More »

Mexican Firm Locates at El Campo Industrial Park; Rail Line to Mexico is Key

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 »

Land Purchased for Grand Parkway Development

HOUSTON – (Realty News Report) – CJ Development has purchased 43 acres of land located near the intersection of the Grand Parkway and West Bellfort in Richmond. CJ Development, which controls 15 adjacent acres, will develop a mixed-use development that is expected to include retail, restaurant, medical, fitness, and other business enterprises. The new development, named Grand Center at Long ... Read More »

Spring Retail Center Underway

HOUSTON – (Realty News Report) – Construction has begun on Spring Plaza, a retail center at the corner of Spring Stuebner Road and Spring Plaza Drive on the north side of Houston. Capital Retail Properties is leasing the 13,000-SF center, which was designed by CDA Architects. The center, located south of the Grand Parkway and west of Interstate 45, is ... Read More »

Scroll To Top