Energy Corridor Pain: BP Moving Onshore Headquarters from Houston to Denver
HOUSTON – BP is relocating its U.S. onshore oil and gas headquarters from Houston to Denver. Various divisions of BP, including BP America, occupy space
Home
Page 306
Houston Struggles to Digest 27,400 New Apartment Units in 2016; More Coming in 2017
HOUSTON (By Dale King) – Diversity in the city’s job market is helping to spur demand for ‘working class’-style apartments in Houston this year, despite
Exxon’s Rex Tillerson & The Good, Bad & Ugly of Houston Realty
HOUSTON (Commentary by Ralph Bivins) – Houston’s real estate markets sustained some ugly wounds as the price of oil dropped from $107 a barrel in
Exclusive: 1,067 Houston Apartment Units Sold to Knightvest Capital of Dallas
HOUSTON – Four Houston multifamily projects totaling 1,067 units have been acquired by affiliates of the Knightvest Capital organization of Dallas. The seller was Capri
Dallas Office Building Sold
DALLAS – A 17-story office building at 8080 North Central Expressway in Dallas has been sold, according to Steve Brown of the Dallas Morning News.
Ten Acres Sold for Retail Project
ROSENBERG, Texas – Gamal Enterprises has acquired a 10-acre tract at the northeast corner of FM 2218 and Town Center Boulevard for a retail development
CBRE Sells 29 Restaurant Properties
HOUSTON – CBRE Capital Markets has arranged the sale of 29 restaurant properties for $23.3 million, on behalf of Phoenix-based VEREIT, Inc. during 2016. CBRE’s
Fitch Comments on NRG Stadium Bonds
HOUSTON – Fitch Ratings issued a “stable” outlook for the $62.9 million in county bonds issued for the construction of the Houston’s NRG Stadium, where
Canadian Builder Starts Residential Community on Houston’s Southeast Side
HOUSTON – Canada-based Empire Continental Land has started work on a residential community in League City, continuing its expansion into the Texas market. Empire, one
JLL Buys Dallas Affiliate of IRR
DALLAS – JLL has acquired the Dallas affiliate of Integra Realty Resources, expanding its move into commercial real estate valuation, counseling and advisory services. This