Thursday , 17 October 2019
Breaking News

Category Archives: Uncategorized

Real Estate Briefs

HOUSTON – Deugro (USA) Inc. has obtained an office lease for 16,625 SF at 480 Wildwood Forest Drive in The Woodlands to relocate its headquarters.Steve Rocher and Jason Presley of CBRE represented the landlord, GeoSouthern Budde RD, LLC. Weldon Martin with CBRE Houston represented the tenant.………………………………………………………. NewQuest Properties has acquired five acres at Interstate 10 and Grand Parkway/TX 99 in the Katy ... Read More »

Work & Mother Services Breastfeeding Facility Added to Allen Center Amenity Offerings

HOUSTON – (Realty News Report) – Work & Mother Services – a network of fully equipped pumping facilities support community and educational resources for working mothers who are breastfeeding – has signed a lease at the Three Allen Center building in downtown Houston. The new Work & Mother facility at Three Allen Center, 333 Clay St., will be its second ... Read More »

Lionstone Acquires Majority Stake in CityCentre Five Office Building

HOUSTON – (Realty News Report) – Midway has sold a majority interest in the CityCentre Five building, a 201,000-SF office building in West Houston. JLL’s Kevin McConn, Rudy Hubbard, Rick Goings, and Michael Zietsman represented the owner, Midway Companies. A majority interest in the property was purchased by Lionstone Investments on behalf of a client for an undisclosed price. Midway ... Read More »

Real Estate Briefs: Houston, Dallas, San Antonio and Austin by Realty News Report

Avera Construction recently broke ground for a 30,000 SF warehouse on a 7.2-acre site in Deer Park, less than 10 miles from the Port of Houston. The design-build single-story metal building featuring office space and workshop is for Atlas Copco Rental, LLC,a Swedish manufacturer of industrial tools and equipment. …………………………………………………… EDGE Realty Capital Markets brokered the sale of Meadow Edge ... Read More »

Return to Normalcy: Houston Multifamily Recovers from Hurricane Harvey

HOUSTON – (By Kyle Hagerty for Realty News Report) – Tens of thousands of Houstonians were displaced after Hurricane Harvey devastated the region, skewing multifamily fundamentals like absorption, vacancy and rental rates for more than a year. Two years out, the multifamily market is beginning to return to normal as steady employment and investor interest continues to bolster the metro. ... Read More »

OXY Selling its 62-Acre Campus (1.4 MSF of Office) in Energy Corridor

HOUSTON – (Realty News Report) – Occidental Petroleum is reversing its decision to move its headquarters to the Energy Corridor and will sell the property instead, a company official has confirmed. OXY Chief Financial Officer Cedric Burgher, speaking at a energy conference in Denver, said the Houston-based will sell the 62-acre campus, which has over a dozen low-rise buildings with ... Read More »

RNR Real Estate Briefs – from Realty News Report

HOUSTON – Spencer Hough and Tip Strickland of Newmark Knight Frank have closed the financing on a 17-building, 220,000-SF industrial portfolio. The flex industrial collection consists of Enterprise Park, a 153,835-SF, 14-building service center in Houston’s southwest industrial submarket and Town and Country Center, a 67,928-SF project in the West Houston/Outer submarket. NKF represented the borrower, CPM Holdings, LLC. The ... Read More »

Arch-Con Breaks Ground on Fort Worth Power Center

FORT WORTH – (Realty News Report) – Arch-Con Corporation is building the Shops at Chisholm Trail, a 35-acre retail development by Street Level Investments. The 215,000-SF power center, which will have a movie theater, is at the corner of Chisholm Trail Parkway and McPherson Boulevard in southwest Fort Worth. The center is in a high-growth area that also draws from ... Read More »

Seniors Housing Breaks Ground in NE Houston

ATASCOCITA – (Realty News Report) – MedCore Partners and TNRG have broken ground on the Fountainwood at Lake Houston, a 190-unit senior living community near the northeast corner of West Lake Houston Parkway and Will Clayton Parkway. Situated just off the shores of Lake Houston and offering premier senior living services to the greater northeast Houston area, Fountainwood at Lake ... Read More »

Remodeling Surging in Houston – And Around the Nation

HOUSTON – (By Dale King, Realty News Report) – The home remodeling market in the U.S. has skyrocketed by more than 50% since the Great Recession of 2007-2009 ended, says a report by Harvard University’s Joint Center for Housing Studies. Houston and its environs have generally mirrored that ballooning pace, said the owners of two local rehab firms. One service ... Read More »

Caldwell Developing 1,200-Acre Community for Over-55 Homebuyers

WILLIS, Texas  – (Realty News Report) – Caldwell Communities has announced plans for a 1,200-acre active adult community in Willis, about 50 miles north of downtown Houston. The community, located just west of I-45 with direct access to Lake Conroe, this  gated residential community, Chambers Creek Ranch, will consist of 3,000 homes specifically designed for those 55 and older. The site ... Read More »

Direct Energy Moving HQ From Greenway Plaza to Houston Center in Downtown

HOUSTON – (Realty News Report) – Brookfield Properties announced that Direct Energy LP has signed a lease for its corporate headquarters at 2 Houston Center, the Class A office tower located at 909 Fannin Street in downtown Houston. Under the terms of the agreement, Direct Energy will have the largest office footprint at 2 Houston Center to date, leasing 105,578 ... Read More »

Scroll To Top