Realty News Report Covering Commercial and Residential News

HOUSTON – (Realty News Report) – In an expansion of the iBuyers trend, the Zavvie residential technology firm has launched a partnership with Houston’s largest realty firm, Better Homes and Gardens Real Estate Gary Greene, to provide home sellers with multiple instant offers on their home. New online real estate companies, called iBuyers, will buy houses quickly from home sellers ... Read More »

HOUSTON – (Realty News Report) – Houston Realtors report September 2019 was the strongest September in Houston real estate history. A total of 7,035 single family homes were sold in September, up 9.5 percent from September of 2018, according to the Houston Association of Realtors. Lower mortgage rates enabled buyers to jump into the market while the inventory of homes ... Read More »

HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Nowhere was the spirit of collaboration more evident than when ABB Robotics team realized their $40,000 dual-arm robot, YuMi, although capable of performing repetitive, delicate processes, would not be able to cut the ribbon at this morning’s ceremony at ABB’s first global healthcare research hub at Texas Medical Center ... Read More »

HOUSTON – (Realty News Report) – The skyline towers of downtown Houston are undergoing a major facelift with more than a dozen major redos, along with a number of other fix-ups and the transformations of other buildings. “In fact, Downtown is experiencing a wide array of renovations and upgrades to its office skyline. There will be 12.6 million square feet of ... Read More »

(Realty News Report) – HOUSTON – Transwestern Commercial Services announced John Ferruzzo  and Nick Peterson, formerly of NAI Partners, have joined Transwestern toexpand its Occupier Solutions and Investment Sales services for industrial users and investors throughout the country. Ferruzzo recently was named Industrial Broker of Year by the Houston chapter of NAIOP. HOUSTON – Hines announced a new structure for the firm’s investment ... Read More »

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 »

HOUSTON – (Realty News Report) – Whole Foods Market, complete with a Briggo coffee outlet, is scheduled to open Nov. 7 at 515 Elgin Street. Whole Foods will be below the new Pearl Marketplace apartments. The new mixed-use midrise at 3120 Smith St. contains 264 residential units, comprised of studios, urban one bedrooms, one bedrooms and two bedrooms, above a 40,000-square-foot Whole ... Read More »

HOUSTON – (Realty News Report) – EastGroup Properties has begun construction on a three-building industrial complex in northwest Houston. The 278,000-SF development, known as Northwest Crossing, is located on the southwest quadrant of the Interstate 290 and State Highway 6. JLL’s Richard Quarles, Jarret Venghaus, and Geoff Perrott will lease the facilities on behalf of East Group Properties. The three ... Read More »

HOUSTON – (Realty News Report)  – Indus Management Group, a Houston multifamily firm led by Manu Gupta, acquired the 144-unit Mark VI apartments, value-add community at 5606 Bissonnet St. in Southwest Houston, just west of Chimney Rock Road. JLL marketed the property on behalf of the seller, AK Interests, and procured the buyer. The JLL Capital Markets team representing the seller was ... Read More »

HOUSTON – (Realty News Report) – Thirty Seventh Parallel firm of Richmond, Va. has acquired the 300-unit Cashel Springs Apartments, its tenth acquisition in Houston. Cashel Springs Apartments, 1422 Wunderlich Drive near Willowbrook Mall in northwest Houston, were built in the 1980s. The price represented a 45 percent discount to replacement cost, said Dan Chamberlain, COO of the company. The ... Read More »

HOUSTON – Colliers International announced that Action Behavior Centershas leased 10,709 SF at 2620 Technology Forest Drive in The Woodlands. Elena Bakina of Colliers represented the tenant in lease negotiations with the owner, Black Forest Ventures. Action Behavior Centers, founded in Austin, now has six Houston area locations. It provides Applied Behavior Analysis therapy for children with autism.…………………………………………… Commercial real ... Read More »

HOUSTON – (Realty News Report) – The Land Tejas development company has acquired 856 acres of land for a master planned community with 2,500 homes in northwest Harris County. The property is located north of FM 529, west of Fry Road and east of The Grand Parkway in northwest Harris County. “Demand for homes in the Cypress area has been ... Read More »