Transwestern’s New Building Will Open 100 Percent Leased with New Tenant Signings
HOUSTON – Transwestern has signed three new leases to bring its new Westway Plaza office building in northwest Houston to 100 percent pre-leased. The 314,000...
Tag : Houston
Houston West Loop Building Sold to New Yorkers on Quest for National Expansion
New York – A portfolio of buildings in Houston, Washington DC, San Diego, and Sacramento have been purchased by a joint venture led by Princeton...
Veteran Houston CRE Lending Expert John Fenoglio: Construction Lending Over in Some Sectors
HOUSTON – Lenders have put a halt on funding new multifamily and office construction projects in Houston in the face of low oil prices, says...
N.Y. Group Buys Aloft Hotel in Houston’s Galleria Area
HOUSTON – Westpark I, a Melville, N.Y.-based group, has purchased the Aloft Hotel near the Galleria in Houston. The seller was HEI Hotels and Resorts...
Colliers: Huge Absorption of Houston Office Space in 2014
HOUSTON – A whopping 6.8 million square feet of office space was filled in Houston last year, despite big gains in rental rates, according to...
Unilev Buys Building in Houston’s Westchase
HOUSTON – Unilev Capital Corporation purchased 1500 CityWest, a 192,313-square-foot, Class A ten-story office building located in Houston’s Westchase submarket. The property is located at...
Daikin/Goodman Constructing 4 Million SF, $417 Million Manufacturing Campus that Will Employ 4,000 in Houston
HOUSTON – Daikin Industries the world’s largest manufacturer of heating, cooling and refrigerant products, will build a massive, 4 million square-foot, $417 million manufacturing and...
Houston Gains 125,000 Jobs – Best Job Growth Since 1981
HOUSTON – Don’t write off the Houston economy just yet. Demonstrating the healthiest hiring pattern in 33 years, Houston created 125,300 jobs in the last...
Comerica: Low Oil Prices Create an Economic ‘Sea Change’ and 11 Percent Drop in Housing Starts to Houston
HOUSTON – Significantly lower oil prices represent “a sea change” in the Houston economy and will bring about a weaker commercial real estate market and...
159,175-sf Houston Office Building Sold for $26.2 Million
HOUSTON – Sam Houston Crossing I, a 159,175 square-foot office building in northwest Houston has been purchased for $26.2 million. The buyer ia a joint...