Is Houston Heading for a Record Year in Home Sales?
HOUSTON — The Houston residential real estate market, defying the weak job growth in the local economy, is outpacing the sales pace of 2015. Although
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Hines Sells Landmark Skyscraper in Downtown Dallas for $273M
DALLAS – Hines REIT, which is liquidation mode, has sold its 55-story Chase Tower in downtown Dallas for $273 million. The 1.3 million SF tower,
Weingarten Pays $285 Million for 668,000-SF Center in Fla.
MIAMI – Weingarten Realty Investors, a Houston-based REIT, purchased the Palms at Town & Country center for $285 million. The 668,000-SF center, located on
Three Deals Closed in Houston’s Hot B&C Multifamily Market
HOUSTON – Transwestern’s Houston Multifamily Investment Services Group, demonstrating a trend for Houston’s hot market for Class B and C units, has completed the sale
Hines Signs Another Tenant in New Houston CBD Tower
HOUSTON – Orrick, Herrington & Sutcliffe LLP, the international law firm, has signed a 12-year, 56,731-SF lease at 609 Main at Texas, the new downtown office
Plastics Packager Leases Industrial Space Near Ship Channel
HOUSTON – The Packwell company, a Houston-based plastic resin packager, has signed a 286,000 SF industrial lease at Bayport Distribution Center in Pasadena, near Houston.
Colliers: Industrial Leasing Slowing in Sluggish Economy
HOUSTON – Industrial leasing activity is slowing in Houston, although the vacancy rate remains healthy, according to Colliers International. Industrial leasing activity dropped 55 percent
Delivering for Landlords: Q&A with Michael Anderson of Colvill Office Properties
HOUSTON – As unpredictable energy prices continue impacting the global economic market, one thing remains fairly constant: Houston’s commercial real estate market has too much
Transwestern: Class C is the King of the Multifamily Market
HOUSTON – The average occupancy rate for the Class C apartment market reached 93.5 percent in the second quarter, according to Transwestern. The Class C
New Hines Skyscraper Reaches 50 Percent Leased Mark
HOUSTON – The new Hines office tower in downtown Houston, has reached 50 percent occupancy with the signing of a 225,000-sf lease by Chicago-based United