Realty News Report, Top Commercial & Residential News

Magic Johnson Group and Midway Buy Downtown Houston Project

Realty News ReportAugust 21, 2012

by Realty News ReportAugust 21, 20122

By Ralph Bivins Canyon-Johnson, a group headlined by former Los Angeles Lakers star Magic Johnson, and Houston-based developer Midway have acquired the Houston Pavilions mixed-used project

Houston Multi-Family New Development

Hines Developing Midrise Apartment near Houston’s Galleria

Realty News ReportAugust 18, 2012

by Realty News ReportAugust 18, 20120

HOUSTON – Hines, the international real estate firm, along with joint venture partner, Hines Global REIT, will build WaterWall Place, a seven-story, 316,000-sf, 322-unit for-rent residential project

Houston New Development Office

Granite Buys Houston Office Building

Realty News ReportAugust 13, 2012

by Realty News ReportAugust 13, 20120

HOUSTON – Granite Properties purchased a 237,000-sf office building at 3555 West Alabama in the inner loop of Houston, the Houston Chronicle reported. The seller

Houston Industrial New Development

Texas Gulf Industrial Property Report

Realty News ReportAugust 13, 2012

by Realty News ReportAugust 13, 20120

HOUSTON – Levey Construction is building several tilt-wall office/warehouse buildings on seven acres in Northwest Place Industrial Park at West Little York and Bingle Road.

New Development Office Residential

Landmark Woolworth Skyscraper Sold for Condo Conversion

Realty News ReportAugust 8, 2012

by Realty News ReportAugust 8, 20120

NEW YORK — The top floors of the historic Woolworth Building, the world’s tallest skyscraper until 1930, have been acquired for conversion into high-end residential units.

Houston Industrial Texas Trades

Verde Realty of Houston to be Purchased for $366 Million

Realty News ReportAugust 2, 2012

by Realty News ReportAugust 2, 20120

HOUSTON – Verde Realty, a Houston-based REIT, will be purchased by Brookfield Asset Management and Hillwood Investment Properties for $366 million. Verde Realty owns 78

Houston Industrial Texas Trades

Deer Park Industrial Building Sold for $17.8 Million

Realty News ReportJuly 24, 2012

by Realty News ReportJuly 24, 20120

DEER PARK, Texas – Inland Diversified Real Estate Trust has purchased the 160,000-square-foot Siemens Gas Turbine Division North American headquarters in Deer Park for $17.8

Houston Office Trades

CapLease REIT Purchases Woodlands Building for $40.5 Million

Realty News ReportJuly 24, 2012

by Realty News ReportJuly 24, 20120

THE WOODLANDS – CapLease has purchased the fully leased Reserve at Sierra Pines office building in The Woodlands, just north of Houston, for $40.5 million.

Houston Ralph Bivins Realty News Report Residential

Houston Home Sales Up Sharply in June

Realty News ReportJuly 18, 2012

by Realty News ReportJuly 18, 20120

By Ralph Bivins The Houston Association of Realtors reported Houston area home sales were up 14 percent over June of last year. For the month

Houston Multi-Family New Development

Marvy Finger Developing Multi-Family Next to Minute Maid Park

Realty News ReportJuly 13, 2012

by Realty News ReportJuly 13, 20120

HOUSTON — Apartment developer Marvy Finger is developing a seven-story apartment building adjacent to the left field wall of Minute Maid Park, home of the