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Category Archives: Texas

American Athletic Conference Relocates HQ to Texas From Rhode Island

DALLAS – (Realty News Report) – The American Athletic Conference, which includes the University of Houston, SMU and Tulane, has moved its headquarters from Rhode Island to the Las Colinas development in Irving, Texas. Gemini Rosemont Commercial Real Estate, announced the conference leased 18,000-SF in the Summit at Las Colinas, a 19-story office building with 375,706 SF and unobstructed views ... Read More »

RNR Realty News Briefs – HOU AUS DAL SAT

HOUSTON – (Realty News Report) – Naissance Capital has awarded the leasing assignment for the office building at 2425 W Loop S in Houston — also known as TwentyFour25— to Colliers International. Heading up the task of marketing the 281,590 SF, Class A structure for the Colliers’ Houston Agency Leasing Group are Bill Insull and Blake Virgilio. …………………………………………………….. Houston-based National Property Holdings is creating Katy Prairie Business Park, ... Read More »

Patrinely Group Starts New Office Building in Austin

AUSTIN – (Realty News Report) – A  joint venture Patrinely  Group  and USAA  Real  Estate has started construction  on Aspen  Lake  Three, a  128,990-SF build-to-suit development in Austin. Q2 Holdings  will occupy the Class A office development. “Breaking ground on Aspen Lake Three reinforces our long-term relationship with Q2, and we are delighted to begin development on another building that will meet the needs of ... Read More »

NAI Partners Adding Texas Brokers During Pandemic

HOUSTON – (Realty News Report) – NAI Partners, the fifth largest commercial real estate brokerage in Houston is adding brokers in its Texas offices as is navigates the headwinds of the Covid-19 pandemic, the Houston-based company announced. NAI Partners said it “is successfully navigating the headwinds of the COVID-19 pandemic with its professional staff, utilizing technology to continue supporting its ... Read More »

RNR Real Estate Briefs – HOU AUS DAL SAT

DHL Express leased 27,895 SF at 16855 Northchase Drive in north Houston. Rich Pancioli with CBRE in Houston represented DHL. The landlord, Greenspoint Place Owner LLC, was represented by Kevin Wyatt of Lincoln Property Co. …………………………………………………  NAI Partners recently arranged a 30,200 SF industrial lease for Best Block, LLCat 4101 Airline Drive in Houston. The firm’s Shaffer Braun and Michael Keegan represented ... Read More »

Can the Residential Market Rebound in the Third Quarter?

WASHINGTON, D.C. – (By Dale King, Realty News Report) – Home sweet home is no longer the mahogany-furnished, sampler-hanging-on-the-wall, brownies-in-the-kitchen domicile where folks like Ozzie and Harriet once resided. Then, the 21stcentury arrived two decades ago, replete with high-tech accoutrements and hand-held electronics that changed the manner of at-home behavior and the nature of interpersonal relations. Another major lifestyle change ... Read More »

Oilfield Carnage: Bankruptcies Coming Quickly; Houston Office Market to Hurt, Says JLL’s Global Energy Head: “We’re Going to Lose a Very Significant Portion” of Independent Oil Companies

HOUSTON – (Realty News Report) – Independent energy companies are destined to fail quickly and the Houston real estate market will be bruised during the oil market crash, which dropped oil prices to an unprecedented low this week, a Houston real estate advisor says. In the next three months, the carnage will be great among the nation’s small independent producers ... Read More »

B&Z Breaks Ground on Austin Office Building

AUSTIN – (Realty News Report) – B&Z Development have broken ground on a five-story, 120,000-SF spec office development, located a few blocks southwest of the Texas Capitol of the western edge of downtown Austin. CBRE has secured $72 million in loan and equity capital for the development of the building, which is called 701 Rio. Mike Landon and Griffin Papaila with CBRE’s Debt & ... Read More »

The Timetable for Full Recovery of the Houston Office Market

HOUSTON – (Realty News Report) – The timetable for full recovery of Houston’s office market is uncertain. Energy firms, which have traditionally gobbled up Houston office space aren’t in expansion mode.. Some are saying the office sector won’t solid again until after 2030 – or perhaps even a dozen years from now. “We have roughly a 12-year supply of office ... Read More »

OXY Sells Office Buildings in The Woodlands and Energy Corridor for $565 Million

THE WOODLANDS – (Realty News Report) – The Howard Hughes Corp. has acquired the two former Anadarko office towers in The Woodlands, along with a 63-acre corporate campus in the Energy Corridor, in a $565 million transaction with Occidental Petroleum. The huge real estate deal follows Occidental’s $55 billion purchase of Anadarko Petroleum Corp. last August. Subsequently, Occidental announced it ... Read More »

The Nation’s Biggest Rail- and Barge-Served Industrial Park Just Got Bigger, Reports Avera

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 »

Crescent Adding Luxe Brownstones to Ritz-Carlton Development

DALLAS – (Realty News Report) – Crescent Real Estate is finishing up its Tower Residences at the Ritz-Carlton development with four upscale brownstone-style dwellings priced at $5.5 million to $6.5 million. The homes, designed by architect Robert A.M. Stern, will be constructed by Dallas builder Platinum Homes, a firm led by Mark Molthan. Kyle Crews of Allie Beth Allman & ... Read More »

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