Realty News Report Covering Commercial and Residential News

HOUSTON – (Realty News Report) – A self-storage operator has acquired a 6.2-acre tract on Loop 610 North near The Heights, according to the Avison Young commercial real estate firm. The site had been used as the printing plant for Greensheet, a “shopper” publication specializing in classified ads since 1970. The 40,000 SF of industrial space at 1690 North Loop West, ... Read More »

HOUSTON – (Realty News Report) – Warehouse construction is surging in Houston as strong job growth, improving oil prices and the city’s emergence as a major distribution hub has energized the industrial real estate sector. Sixty-three major industrial buildings are currently under construction and more new space is on the way, according to a new report by the Avison Young ... Read More »

HOUSTON – (Realty News Report) – Houston’s real estate industry has had quite a year. During the struggle to recover from the impact of low oil prices, the real estate sector has been battered by Mother Nature in the form of Hurricane Harvey. What’s next? To gauge the health of Houston’s real estate market, Realty News Report talked with Rand Stephens, Managing ... Read More »

HOUSTON – (Realty News Report) – For folks who sell Houston office buildings for a living, Thanksgiving should be extra special this year. After a paltry $300 million in office building transactions in 2016, the annual sales total will be well into the multi-billions by the time the last deal closes in 2017. And there are still more closings on ... Read More »

HOUSTON – ROC Bridge Partners, LLC of Salt Lake City has purchased the 1700 West Loop South office building in Houston from Younan Properties and joint venture partner Passco Cos. The building is a  Class A 272,000-square-foot office high-rise attached to the Marriott Hotel. Younan Properties was represented by Darrell Betts of Avison Young in the transaction. ” This is ... Read More »