New West Loop building/ Lease Brief
Redstone Real Estate. will develop a 20-story 380,000-sf office tower at 2200 Post Oak Boulevard, just north of Houston’s Galleria. BBVA Compass, the U.S. banking
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Office portfolios trade at high prices
Jones Lang LaSalle announced its Capital Markets professionals have secured a $42 million senior mortgage loan for M-M Properties to finance 919 Milam in downtown
Chevron negotiating to purchase 1400 Smith
Chevron Corp. is negotiating to purchase the 1400 Smith tower in downtown Houston for a reported $380 million. The 50-story, 1.3 million-sf building will be
Large residential purchase in League City
Isola Ventures has purchased the 35-acre Beacon Island residential development in the South Shore Harbour development in League City, Texas, near Houston. The high-end project
Texas Trades
Houston-based McGuyer Homebuilders Inc. (MHI) is acquiring Wilshire Homes, gaining Wilshire’s lots and positions in Austin and San Antonio, according to Big Builder Online. Wilshire
$700 million project underway in Washington DC
Hines has secured 100 percent equity financing for its $700 million project underway in downtown Washington, DC. Hines is building the project in a JV
Lease Brief
M/I Homes has acquired TriStone Homes of San Antonio. TriStone sold 119 houses last year. Columbus-based M/I entered the Houston market last year. Identity Architects
The next Galleria?
Hines and Archstone will break ground next week on CityCenterDC, a mixed-use project at 11th Street and New York Avenue in Washington DC. Plans call
Austin New Year
AUSTIN was CNN’s broadcast HQ in Central Time Zone on New Year’s Eve – Dec. 31, 2023. …..
Architecture firms are hiring again
Architecture firms are finally hiring again, thanks to a rise in multi-family construction. Architects have been hit hard by the recession and unemployment was high.