Cashel Springs Apartments in Houston. HOUSTON – (Realty News Report) – Thirty-Seventh Parallel, a Richmond, Virginia-based firm, has acquired Cashel Springs Apartments, a 300-unit complex. This marks the company’s tenth acquisition in the Houston market. Located at 1422 Wunderlich Drive near Willowbrook Mall in northwest Houston, Cashel Springs Apartments were originally constructed in the 1980s. … Read more
A two-story H-E-B grocery store is opening in the Bellaire community. BELLAIRE, Texas – (By Michelle Leigh Smith for Realty News Report) – H-E-B has opened its first two-story grocery store in the Houston area, located in Bellaire, an affluent independent city surrounded by Houston. Starting at 6 a.m. on June 27, Bellaire residents were … Read more
Steve Biegel, Mark Russell and Jay Bonano have left Savills-Studley to join the Newmark Knight Frank firm. HOUSTON — Newmark Knight Frank (NKF) has strengthened its Houston office with the addition of three seasoned office-market professionals. The new hires bring deep market knowledge and decades of combined experience to NKF’s regional team. The group joined … Read more
HOUSTON – (Realty News Report) – Empire Continental Land has purchased 221 acres in Magnolia to develop a new single-family community in the northwestern suburbs of Houston. Situated at FM 1488 and Iron Ore Road, this community will be Empire’s sixth development in the Houston area and its eighth in Texas. The parcel was acquired … Read more
Tanglewood Property Group of Houston has acquired Preston Plaza, a Class A office building in Far North Dallas. DALLAS — An affiliate of Houston-based Tanglewood Property Group has completed the acquisition of Preston Plaza, a Class A office building located in Far North Dallas. The seller, Caddo Holdings of Dallas, was represented by CBRE brokers … Read more
Iron Rock Ranch in Austin AUSTIN – (Realty News Report) – Domain Communities, a Houston-based multifamily owner, has completed its first acquisition in Austin. The purchase is Iron Rock Ranch, a 300-unit apartment community made up of 84 townhomes and 216 garden-style units. Built in 2002, the community occupies more than 22 acres and features … Read more
Ralph Bivins LAS VEGAS – Ralph Bivins of Realty News Report has been awarded the Gold Award for Best Real Estate Column in the 68th Annual Journalism Awards presented by the National Association of Real Estate Editors (NAREE). Recognized for his thoughtful and well-researched writing, Bivins received the top honor for a column that explored … Read more
HOUSTON – CBRE announced that a leading Houston industrial brokerage team of five market-leading sales professionals has joined the firm. The team includes Jason Dillee, Senior Vice President; Andrew Jewett, First Vice President; Cape Bell, Vice President; Nathan Wynne, Vice President; and Harper Gully, Associate. Together, they have completed 968 transactions over the past 11 … Read more
HOUSTON – (Realty News Report) – Skanska, which recently purchased the prime southwest corner of Westheimer and Montrose for a mixed-use development, is reportedly considering acquiring the adjacent “Disco Kroger” property on Montrose Boulevard. Last summer Skanska paid $27 million for the 2.86-acre tract at the southwest corner of Westheimer and Montrose Boulevard. Skanska USA … Read more
HOUSTON – (By Dale King, Realty News Report) — As August arrives, the United States moves into the middle portion of the 2021 hurricane season, the period historically most likely to produce the strongest and most numerous storms. Many Houston residents remain cautious, still remembering the intense rain, wind, storm surge and widespread property destruction … Read more