Monday , 17 February 2020
Breaking News

The Changing Houston: Architects Sound Off

HOUSTON – (By Cynthia Lescalleet for Realty News Report) – The development challenge ahead: design places people will use, love and tend, and communities will thrive. Repeat as new projects attracted to the emerging vitality add to it to create a more vibrant city. But how? That premise was the theme behind the many concepts, challenges and solutions discussed and ... Read More »

Real Estate Briefs

HOUSTON –(Realty News Report) – Sempra LNG has subleased 66,772 SF at 1500 Post Oak Blvd., an office tower in Uptown Houston.  Paul Penland and Graham Horton with CBRE Houston were brokers for the subtenant. Tim Relyea and Morgan Relyea Colt with Cushman & Wakefield of Texas, Inc. were brokers for the sublandlord, BHP. …………………………………………………… HaiDiLao Hotpot has leased 6,295 SF of restaurant space in ... Read More »

CommonGrounds Coworking Facility Opens in Greenway Plaza

HOUSTON – (Realty News Report) – CommonGrounds Workplace, a San Diego-based coworking company, has opened a 27,747-SF location in the Three Greenway Plaza building in Houston’s Inner Loop. Parkway Property Investors’ Greenway Plaza is one of Houston’s largest employment centers with over 4.9 million SF of office space in 11 office buildings on a 52-acre campus near the Southwest Freeway, Buffalo ... Read More »

Atlanta Multifamily Firm Buys 12 Acres from Satya Inc.

HOUSTON – (Realty News Report) – Satya Inc., a Houston-based commercial real estate development and consulting firm, has sold its 12-acre tract in Katy to Davis Development, an Atlanta-based multifamily development firm. The property is at the northwest corner of Morton Ranch and the Grand Parkway. Berkadia represented Davis Development, which has a portfolio including six multifamily communities in Houston, ... Read More »

Mid-Century Building Reopens as Westin Houston Medical Center Hotel

HOUSTON – (Realty News Report) – The historic Medical Towers building in the Texas Medical Center has been transformed into the 273-room Westin Houston Medical Center. The hotel recently opened in a mid-century modernist building located across the street from Houston Methodist and Texas Children’s Hospital. Lodging demand is high in the Texas Medical Center, which has 9,200 patient beds ... Read More »

Two Fitness-Oriented Tenants Lease Ground Level Space in New Multifamily Project in The Woodlands

THE WOODLANDS – (Realty News Report) – Two fitness-oriented tenants have leased space on the ground level of the new Two Lakes Edge multifamily community residences, set to open in spring 2020 in The Woodlands, Howard Hughes Corp. announced. Located on 200-acre Lake Woodlands, the 386-unit Two Lakes Edge is located on the shores of 200-acre Lake Woodlands. With an ... Read More »

Unveiling the New Stages at The Gordy Theater for Houston Audiences

HOUSTON – (Realty News Report) – Vision, scope creep, kismet and the philanthropic support of generous arts patrons, many of them first-timers,  has yielded a new, three-stage facility for Houston audiences to experience. Stages at The Gordy has opened its fully funded $38.5 million campus just west of downtown – and across the street from the performing arts organization’s long-term ... Read More »

Thursday Book Signing: Ralph Bivins Will Sign and Discuss “Houston 2020” on Jan 30 at River Oaks Bookstore, from 5 to 7 PM

HOUSTON – (Realty News Report) – Ralph Bivins will sign and discuss “Houston 2020: America’s Boom Town – An Extreme Close Up” on Thursday Jan. 30. The come-and-go event will run 5:00-7:00 p.m. at River Oaks Bookstore, 3270 Westheimer, across the street from Lamar High School. A timely book by Houston journalist Ralph Bivins,  Houston 2020: America’s Boom Town   examines ... Read More »

Houston Center Update: Mitsubishi Renews Its Lease

HOUSTON – (Realty News Report) – Mitsubishi International Corporation renewed its lease at LyondellBasell Tower, a 46-story office building in downtown Houston. Mitsubishi will lease 45,838 SF of office space on the 34th and 35th floors in the Class A building. In addition to the lease extension, MIC will embark on interior renovations to the space and is expected to conclude in ... Read More »

Morgan Group Acquires Apartment Complex Near the Historic Astrodome

HOUSTON – (Realty News Report) – The Morgan Group, a Houston-based multifamily firm, has acquired The Beacon at Buffalo Pointe, a recently completed, 281-unit, Class A apartment community near the Texas Medical Center. JLL’s Chris Curry,Todd Marix and analyst Bailey Crowell marketed the community on behalf of the seller, Allied Orion Group, and procured the buyer. Located less than a mile ... Read More »

Major Manufacturing Building Sold in Brookhollow West Business Park

HOUSTON – (Realty News Report) – Earhart Chenault LLC acquired a 245,319-SF manufacturing building located in Brookhollow West Business Park in northwest Houston. The property, 9700 W. Gulf Bank, is located near the intersection of Highway 290 and the West Sam Houston Tollway. Nick Peterson and John Ferruzzo of Transwestern Commercial Services represented the seller, NIP Owner I LLC, in the ... Read More »

NKF: The Fifth-Largest Multifamily Deal in Real Estate History – 13,243 Units for $1.85 Billion (5,189 Units in Texas Alone)

HOUSTON – (By Dale King, Realty News Report) – A commercial real estate advisory firm has announced the sale of a national portfolio of apartment properties valued at $1.85 billion, a roster that includes 13 developments totaling 5,189 units in Texas alone. Newmark Knight Frank said the sale of Aragon Holdings LLC’s property register to Harbor Group International, a global ... Read More »

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