Shell Downsizes in Downtown, Prompting Hines to Launch Major Renovation of Two Shell Plaza
HOUSTON – Shell Oil is vacating a huge block of downtown office space in Two Shell Plaza, prompting the landlord to launch a major renovation
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Toll Brothers Breaks Ground on Northwoods, a 700-acre Project Near New Exxon Mobil Campus
HOUSTON – Toll Brothers, a leading builder of luxury homes, and Texas based Cernus Development will develop Northwoods, a 692-acre master-planned community north of Houston,
New Energy Corridor Project Proposed: Five Office Towers, 350-Room Hotel Possible
HOUSTON – As many as five office buildings, with an estimated 2 million square feet of office space, will be added to west Houston’s Energy
Apartment Organization Changes Name to National Multifamily Housing Council
WASHINGTON – The National Multi Housing Council, an apartment industry group of owners, managers and developers, has changed to the National Multifamily Housing Council. The
Nation’s Existing Annual Home Sales Hit Highest Point Since 2006
WASHINGTON – Existing-home sales 2013 were the highest annual total, and median prices maintained strong growth, according to the National Association of Realtors. For all
Toll Brothers Group Buys 3,700 Acres in Fort Bend – Reported Price Tag is $78 Million
HOUSTON – Toll Brothers, Inc., a leading builder of upscale homes, in a joint venture with GTIS Partners, have acquired the 3,700-acre Sienna South, the
Best Year Ever: Houston Home Sales Hit All-Time Record in 2013
HOUSTON – Houston’s home sales hit an all-time record in 2013 as low mortgage interest rates and strong job growth lifted the home market to
Kimco Buys Atascocita Power Center in Northeast Houston
HOUSTON – Kimco Realty, based in New York, purchased the Atascocita Commons shopping center in northeast Houston from Cole Real Estate Investments. The 316,395-SF center
Atlanta-based Worthing Cos. to Build Multi-Fam in Houston Energy Corridor
HOUSTON – The Worthing Cos. will build a 342-unit multifamily project on a 9-acre site in Wolff Cos.’s Central Park, mixed-use development in the Energy
Houston’s Trophy Towers: Breaking the $400 Per SF Barrier; Sale of Heritage Plaza Solidifies Price Trend
HOUSTON – AEW Capital’s purchase of the Heritage Plaza tower in downtown Houston continues to support trends for for trophy building sales over $400 per square