Beacon Buys 3 Buildings in Houston’s Energy Corridor
HOUSTON – Beacon Investment Properties purchased a three-building office portfolio totaling 566,308 square feet in Houston’s Energy Corridor. HFF marketed the property on behalf of...
Category : Trades
1 Million SF Portfolio Sold in Houston
HOUSTON– Mayfield Properties purchased a 1 million-sf industrial portfolio in Houston. The seller was DCT Industrial Trust Inc. The 13-property portfolio is 98 percent occupied...
Magic Johnson Group and Midway Buy Downtown Houston Project
By Ralph Bivins Canyon-Johnson, a group headlined by former Los Angeles Lakers star Magic Johnson, and Houston-based developer Midway have acquired the Houston Pavilions mixed-used project...
Verde Realty of Houston to be Purchased for $366 Million
HOUSTON – Verde Realty, a Houston-based REIT, will be purchased by Brookfield Asset Management and Hillwood Investment Properties for $366 million. Verde Realty owns 78...
Deer Park Industrial Building Sold for $17.8 Million
DEER PARK, Texas – Inland Diversified Real Estate Trust has purchased the 160,000-square-foot Siemens Gas Turbine Division North American headquarters in Deer Park for $17.8...
CapLease REIT Purchases Woodlands Building for $40.5 Million
THE WOODLANDS – CapLease has purchased the fully leased Reserve at Sierra Pines office building in The Woodlands, just north of Houston, for $40.5 million....
Hines Selling Shell Plaza in Houston for $550 Million
HOUSTON – Hines is selling the 1.8 million square foot Shell Plaza office complex in downtown Houston for $550 million. The buyer is an affiliate...
Office Building Sold in Houston’s Energy Corridor
HOUSTON — Frontier Equity purchased Kirkwood Tower, a 285,682-square-foot, Class A office building in Houston’s Energy Corridor. Kirkwood Tower, 11757 Katy Freeway, was built in...
Hines Buys Salt Lake City Project
SALT LAKE CITY – Hines, in a joint venture with a subsidiary of a real estate fund managed by Oaktree Capital Management, has acquired South...
Younan Sells West Loop Tower
HOUSTON – ROC Bridge Partners, LLC of Salt Lake City has purchased the 1700 West Loop South office building in Houston from Younan Properties and...