Inland Buys Shopping Center in Houston’s Energy Corridor
HOUSTON – Inland American Real Estate Trust purchased the Green Tree Shopping Center, a 147,658-square-foot, 99-percent-leased power center in the Energy Corridor area of west...
Category : Retail
Simon Planning to Upgrade Luxury Offerings in $250 Million Renovation of Houston’s Galleria
HOUSTON – Simon, the global retail real estate company, has announced a $30 million renovation of Houston Galleria’s luxury wing as part of $250 million...
CBRE: Houston Retail Center Market Hits Record High
HOUSTON – Houston’s retail center market occupancy is at its highest point ever and it’s filling up fast, according to the CBRE Group. Occupancy hit...
Sale of AmREIT Firm Approved: Closing of Deal in Late Feb.
HOUSTON — Shareholders of AmREIT Inc., a Houston-based real estate development firm, have approved the sale of AmREIT to South Carolina-based Edens Investment Trust. AmREIT controls...
32 New Grocery Stores Will Be Built in Houston in 2015
HOUSTON – Houston is experiencing a retail construction boom with 32 new grocery stores, along with other retail properties in the 2015 pipeline, according to...
CBRE Acquires UCR of Dallas
DALLAS – CBRE Group, Inc. has acquired United Commercial Realty (UCR), a Dallas-based commercial real estate firm specializing in retail services. UCR manages retail properties for institutional...
CBL/Stirling Developing Large Retail Center in Lafayette, Louisiana
LAFAYETTE, La. — CBL & Associates Properties and Stirling Properties created a joint venture to develop Ambassador Town Center in Lafayette, Louisiana. On a 58-acre...
Whitestone REIT Pays $40.7 Million for Sugar Land Retail Centers
HOUSTON – Houston-based Whitestone REIT has acquired two shopping centers, Williams Trace Plaza and Shops at Williams Trace in the Houston suburb of Sugar Land...
Neiman Marcus to Anchor New Simon/Cassco Center in Fort Worth
FORT WORTH – Neiman Marcus will be the anchor tenant for a new 500,000-square-foot retail center that will be developed in Fort Worth by the...
Edens Agrees to Buy AmREIT for $763 Million
HOUSTON — Edens Investment Trust has agreed to acquire AmREIT Inc., a Houston-based real estate development firm for $763 million. AmREIT controls a number of...