Monday , 20 January 2020
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Home Sales Up 50 Percent at LGI Homes

THE WOODLANDS, Texas – (Realty News Report) — LGI Homes Inc., a Texas-based home builder, sold 748 homes in November, up from 500 home closings in November 2018. The closings total represented year-over-year sales growth of 49.6 percent for LGI Homes. Builders around the nation have been gaining momentum as mortgage rates have eased in 2019 and the Federal Reserve ... Read More »

Wood Partners Breaks Ground on Apartments in Spring

SPRING, Texas – (Realty News Report) – Wood Partners, an Atlanta-based multifamily real estate development and acquisition firm, has broken ground on the 300-unit Alta Cathedral Lakes apartments in Spring, north of Houston. The multifamily project will be located at 698 Basilica Bay Drive.  Alta Cathedral Lakes is in Spring’s new master planned community, Cathedral Lakes, which features 150 acres ... Read More »

The Houston 2020 Downtown Awards – Winners Announced for Real Estate and Placemaking

The Houston 2020 Downtown Awards By Ralph Bivins, Author of Houston 2020: America’s Boom Town – an Extreme Close Up Downtown Dealmaker  of  the Year: Skanska Commercial Development. Skanska pulled off two megadeals in downtown Houston. Most impressive was its acquisition of four surface parking lots near Discovery Green park – a total of 3.5 acres for $55 million. High-rise, mixed-use development ... Read More »

New Business Park to be Developed Just South of the Historic Astrodome

Houston – (Realty News Report) – A new business park just south of the historic Astrodome will be marketed by CBRE, the real estate firm announced Tuesday. The project, called Corporate Center Fannin, will be an 18.6-acre master planned business park, located at 10001 Fannin Street in Houston. CBRE will market the property on behalf of Summit Real Estate Group.  Corporate ... Read More »

People in Real Estate: Promotions, Hirings and Appointments

HOUSTON – (Realty News Report) – CBRE announced that Robert Del’Ve has been appointed Managing Director of Project Management.  Del’Ve, who has been a leader in CBRE’s Global Workplace Solutions business since 2016, will be responsible for managing PJM business for the Houston market, including corporate interiors, investor-directed assets, and move management. “Bob’s 30 years of experience focused on sustainable business solutions ... Read More »

Woodside Health Acquires Center in Cypress Area

HOUSTON – (Realty News Report) – Colliers International handled  the sale of Fairfield Plaza, a 83,000 square foot multi-tenant medical/retail property at 15103 Mason Road in Cypress  in the Houston area. The seller, Radler Limited Partnership, was represented by David Carter of Colliers International. Beth Young, also with Colliers International, represented the buyer, Woodside Health. The five building property sits on ... Read More »

Real Estate Briefs: Houston, Dallas, Austin and National

Real Estate Briefs: Presented by “Houston 2020: America’s Boom Town” – The New Book by Ralph Bivins Read The New Book by Ralph Bivins, Editor of Realty News Report   Houston 2020: America’s Boom Town – An Extreme Close Up Available on Amazon  http://tiny.cc/4a2g6y HOUSTON BRIEFS – Keener Investments has acquired a 378-unit multifamily property in Spring, Texas. The Mira Bella  and ... Read More »

America’s Restaurant Revolution Changing Commercial Real Estate: CBRE Report

HOUSTON – (By Dale King, Realty News Report) – Fundamental changes in the food-and-beverage industry – including the rapid growth of third-party, meal-delivery services, increasing use of in-store automation and the ongoing proliferation of fast-casual service concepts — are reshaping not only the U.S. restaurant business, but the real estate it occupies. A new report from CBRE highlights eight trends – including the spread ... Read More »

New Hotel in Old Downtown Building Gains AAA Four Diamond Ranking

HOUSTON – (Realty News Report) – The new Cambria Hotel Houston Downtown Convention Center has received the coveted Four Diamond ranking from AAA. The 226-room hotel is located in the former Great Southwest Building, 1314 Texas Avenue, a historic building constructed in 1927. Cambria Hotels is the upscale brand from Choice Hotels International. Managed by Concord Hospitality, one of the ... Read More »

Houston-based Real Estate Firm Opens Office in Austin

HOUSTON – (Realty News Report) – Houston-based Dosch Marshall Real Estate has opened an office in Austin, continuing its expansion efforts   across Texas. Dosch Marshall specializes in land listings and buyer representation. Earlier this year, the firm opened an office in Fort Worth to cover the D-FW market. Tom Dosch is principal of the firm. Tripp Rich will lead the ... Read More »

Major Redo Planned for CapRidge Office Buildings in Memorial Area

HOUSTON – (Realty News Report) – Austin-based CapRidge Partners LLC, is launching a multi-million-dollar renovation program of its recently acquired office portfolio in the Memorial/Tanglewood area of Houston. The three-building portfolio, was acquired from Unilev Capital in March of 2019. It includes 541,000 square feet of office space in 1616 S. Voss, 7500 San Felipe and 6363 Woodway. “Now is ... Read More »

Ironbridge: New Caney Retail Center Ready for a Redo

HOUSTON – (Realty News Report) – Ironbridge Realty Partners has started a redevelopment of an existing former grocery store site at the intersection of Highway 59 and FM 1485 in New Caney. The project will be anchored by Planet Fitness and La Michoacána who are expected to open in mid‐2020. The site housed the former Brookshire Brothers grocery  for the last 35 years. ... Read More »

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