Multifamily Deals
HOUSTON – Tip Strickland and A. David Schwarz of Grandbridge Real Estate Capital closed on a 5-year construction loan for the development of Vargos on
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With Occupancy at 99 Percent and New Construction Boom, CBRE Re-Draws Energy Corridor Area Submarkets of West Houston
HOUSTON – The significant amount of office building construction in the Energy Corridor and other parts of West Houston has prompted CBRE Research to create
Singapore Group Joins Hines to Develop 72-Story Tower in NYC
New York – The 72-story residential tower to be developed by Hines adjacent to New York’s Museum of Modern Art has added Pontiac Land
South Texas Bank of America Building Sold
CORPUS CHRISTI, Texas – Colliers International has handled the sale of Bank of America Tower, 500 N. Shoreline Boulevard, Corpus Christi, Texas. 500 N. Shoreline Boulevard is
Hines Starts 47-story Spec Office in Downtown Houston
HOUSTON – Houston-based Hines, the international real estate firm, is starting construction on a spec skyscraper in downtown Houston on “Block 69” at the corner
Multifamily Briefs
TEMPE, Ariz. – Transwestern brokered the sale of Dorsey Place, an 84-unit apartment building on East University Drive in Tempe, Ariz., for nearly $15 million.
Texas Oil Boom Generates Another Real Estate Deal for Transwestern
HOUSTON — Ask any real estate broker in Texas: the oil boom is great for real estate. In a deal announced Monday, Transwestern’s Houston headquarters
Apartment Project Coming to Lush Vargo’s Restaurant Site
HOUSTON – Vargos on the Lake, a 276-unit apartment community, will be constructed on the lush grounds of the defunct Vargo’s restaurant , a famous
CBRE Fund Buys 41-story Marathon Oil Tower in Houston
HOUSTON – Marathon Oil Tower, a 41-story building in the Galleria area, has been sold to CBRE Strategic Partners U.S. Value 6, a fund sponsored
Hines Has 840,000 sf Under Construction in Pinto Business Park
HOUSTON – A total of 840,000 sf of industrial space is under development in the Pinto Business Park, a 971-acre project located at the southwest corner