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Tag Archives: Paul Layne

Chicago Investor Pays $115 Million for Building in The Woodlands

THE WOODLANDS – (Realty News Report) – An affiliate of Chicago-based Harrison Street Real Estate has acquired a medical building occupied by MD Anderson Cancer Center for $115 million. The seller of 208,000-SF building, 100 Fellowship Drive near Highway 242, was Howard Hughes Corp., the developer of The Woodlands. Paul Layne, CEO of Howard Hughes Corp., said the transaction is ... Read More »

Backfilling a Class AAA Office Tower

THE WOODLANDS – (By Ralph Bivins, Editor of Realty News Report) – A 30-story office tower located 30 miles north of downtown Houston goes vacant. The analysis template prompts the knee-jerk responses: crisis alert – punch the red emergency button.   While it’s true that the overall view of the Houston office market shows softness (20 percent vacancy, give or take). And it’s ... Read More »

Paul Layne Named CEO of Howard Hughes Corp. as Corporate HQ Moves to The Woodlands

HOUSTON – (Realty News Report) – Howard Hughes Corp., the developer of The Woodlands, Bridgelands, Summerlin in Las Vegas, has named Paul Layne as CEO and is moving the company’s headquarters to The Woodlands. Following a “strategic review process” the firm announced Monay it would sell $2 billion in “non-core assets” and redeploy assets into stock repurchases and advancing development ... Read More »

Initial Retail Project Breaks Ground in 11,400-Acre Bridgeland Project

CYPRESS, Texas – Lakeland Village Center, the first commercial development in Bridgeland, a master planned community in Cypress, north of Houston, has broken ground. Set on 20 acres along Fry Road, Lakeland Village Center will include 84,000 square feet of mixed-use development in phase one consisting of retail, restaurants, and professional and medical offices. Developing by the Howard Hughes Corp., ... Read More »

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