Realty News Report Covering Commercial and Residential News

HOUSTON – (Realty News Report) –  Lee & Associates – Houston represented 2978 Industrial Properties, LLC in the sale of 14.9 acres of land on South Persimmon Street in Tomball. Mike Spears, SIOR, CCIM and Patrick Wolford, SIOR, CCIM of Lee & Associates – Houston represented the seller, and Welcome Wilson, Jr. with Welcome Group represented the buyer Welcome Land ... Read More »

RNR Real Estate Briefs – HOU, DAL, AUS, SAT HOUSTON – (Realty News Report) – NAI Partners recently arranged a 27,435 SF industrial sale for Seis GEaR, Inc. at 126 Anton Stade Road in Rosenberg, Texas.  NAI Partners’ Travis Land and AJ Williams represented the buyer in the transaction.  Barkley Peschel with Colliers International worked on behalf of the seller. JLL Capital Markets ... Read More »

HOUSTON – (Realty News Report) – Houston Distribution Company, represented by CBRE, has sold its 113,715 SF industrial building at 16001 SH 249 in Houston. Jim Autenreith of Moody Rambin represented the buyer, Atlanta Deferred Exchange, Inc., during negotiations. …………………………………………………. NAI Partners recently arranged a 6,233 SF office lease for Gordon Arata at 2229 San Felipe in Houston. NAI Partners’ Griff Bandy and Joe Bright represented the tenant during the transaction. …………………………………………………… Elbi ... Read More »

HOUSTON – (Realty News Report) – HCA Houston Healthcare recently broke ground on the HCA Healthcare Center for Clinical Advancement, a new, state-of-the-art training center. NAI Partners’ Griff Bandy and Joe Bright represented HCA in the transaction for the 48,400 SF building at Pearland Town Center, 11200 Broadway St. It is scheduled to open by early 2021. The healthcare organization signed a ... Read More »

HOUSTON – The Moody Rambin real estate firm has been retained by National Life Group to lease and manage two buildings near NASA’s Johnson Space Center on the southeast side of Houston. The building were formerly occupied by Wyle Laboratories, a firm that provides biomedical support to NASA space flights. Clear Lake I and II located at 1300 and 1290 ... Read More »

HOUSTON – J. Howard Rambin III has been involved in the Houston real estate market for 46 years. He co-founded Moody Rambin in 1969 and remains a principal of the firm to this day. In his time, Rambin has developed, owned, operated and sold 25 suburban office buildings along with several apartment complexes, motels and retail centers. He acknowledges that ... Read More »

KATY, Texas – Myers, Crow & Saviers, Ltd. is developing Mason Creek Office Center II in the Energy Corridor, west of Houston. The three-story, 127,955-sf office building is the second phase of the Mason Creek Office Center project, following the lease-up of Phase I by GEICO in December 2013. Construction of the second building, 1700 Merchants Way, Katy, near Mason Road ... Read More »

HOUSTON – Freeway Properties, a Houston firm led by Mike Baker, has broken ground on a six-story office building, which the developer says is a notable westward expansion of Houston’s Energy Corridor. The 151,000-square-foot Katy Ranch Offices Phase I will be the first mid-rise office building to be built west of the Grand Parkway in Katy, the developer says. Located ... Read More »

HOUSTON – Dallas-based Peloton Commercial Real Estate has announced plans to develop the 21-story, 368,000-square-foot Westcreek Centre, the first office building to be built on the east side of West Loop 610 in the Galleria/Post Oak market in 34 years. Located between San Felipe and Westheimer in Houston’s Uptown/Galleria area, Westcreek Centre will be under construction by the fourth quarter ... Read More »

HOUSTON – Myers, Crow & Saviers, a spec specialist, has leased an empty spec office building near Houston to Geico insurance. Next, the developer plans to start another spec office building nearby in Phase II of the Energy Corridor business park. “We welcome Geico, a world-class company, to Mason Creek,” says Mark Saviers, principal, Myers, Crow & Saviers. “Geico’s lease ... Read More »

By Ralph Bivins THE WOODLANDS, TEXAS… Archway Properties is starting construction on the 127,794-sf Wildwood Corporate Centre, a three-story, two-building office property in The Woodlands, north of Houston. “Wildwood Corporate Centre is approximately one mile from Exxon’s new master campus and immediately accessible to I-45 and the Grand Parkway,” says Don Dennis, managing partner, Archway Properties of Houston. Terri Torregrossa ... Read More »

By Ralph Bivins Vacancy in Houston’s Class A office buildings recently dipped to 8.8 percent, the lowest vacancy rate since 2008, according to the CBRE commercial realty firm. “It’s just good news all over,” says office leasing expert Sanford Criner of CBRE. Sure, there are a number of new office buildings under construction. It’s scary to see so many cranes ... Read More »