63 Houston Warehouses Rising as Industrial Market Heats Up

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Bob Berry HOUSTON – Warehouse construction in Houston is accelerating as strong job growth, rising oil prices and the city’s development as a major distribution hub are energizing the industrial real estate market. According to a new report from Avison Young, 63 major industrial buildings are currently under construction, with additional projects in the pipeline. … Read more

Tilman Fertitta Acquires Del Frisco’s Steakhouses

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HOUSTON – (Realty News Report) – Tilman J. Fertitta, a Houston businessman, has announced that Landry’s, Inc. has reached an agreement to acquire Del Frisco’s Double Eagle Steakhouses and Del Frisco’s Grille, a group that comprises 35 restaurants across 13 states. The seller is L Catterton, a leading global private equity firm focused on consumer … Read more

Saving the Astrodome: A Race to Redevelop the Iconic Stadium

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HOUSTON – (By Cynthia Lescalleet for Realty News Report) – The Astrodome, cherished by many and lamented by others, stands as an iconic Houston landmark seeking a sustainable, shared future. The Astrodome Conservancy is leading efforts to promote a dual mission: stewarding the historic structure while forging partnerships to preserve and responsibly redevelop the aging … Read more

Wedge Sparks Interest in Sugar Creek Community Events

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HOUSTON – (Realty News Report) – Stream Realty Partners has been retained to lease 3 Sugar Creek, an office building in Sugar Land on Houston’s southwest side. The six-story tower is owned by an affiliate of Houston-based Wedge Group, 3 SC Center, LLC. Wedge is investing in upgrades to the 153,000-square-foot 3 Sugar Creek building, … Read more

Barry Sternlicht’s Firm Acquires Texas Apartment Portfolio

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CARROLLTON, Texas – (Realty News Report) – Starwood Capital Group, the Miami-based investment firm led by Barry Sternlicht, has acquired Keystone at Castle Hills, a 690-unit multifamily community in the Dallas area. The property is located at 4600 N. Josey Lane in the Carrollton suburb. CBRE Capital Markets’ Dallas Multifamily team represented the seller, Acre … Read more

OK Boomer: New 55+ Home Community Now Under Construction

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HOUSTON – (Realty News Report) – Serenity Communities by Gracemark Homes is developing Serenity at Meridiana, a new active-adult community located south of Houston. Active-adult communities are designed for homebuyers age 55 and older and are attracting buyers from the large Baby Boomer generation seeking low-maintenance homes and a socially engaging lifestyle. Serenity at Meridiana … Read more

Creative Co-Living: Innovative Ways to Share Space Efficiently

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Larry Koestler HOUSTON – (By Dale King, Realty News Report) – Science fiction fans may call space the final frontier, but on Earth, unused or underused space in offices and warehouses is an avoidable expense. SpaceShare operates a peer-to-peer platform that helps individuals, teams and companies monetize or access unused space and shared amenities. The … Read more

Houston Home Sales Surge 47% — Market Update and Trends

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HOUSTON – (Realty News Report) – Houston home sales surged 47 percent in April as buyers continued to compete for houses despite record-high prices. Inventory remains exceptionally tight. Sellers frequently receive multiple offers, and many homes sell for above the asking price. A total of 9,105 single-family homes sold in April, up from 6,175 in … Read more

Why Houston Leads in Master-Planned Communities

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HOUSTON – (Realty News Report) – Houston’s master-planned communities continue to lead the national new-home market, with strong home building and robust sales driving their presence on national rankings. According to RCLCO Real Estate Consulting, 13 Houston communities ranked among the nation’s top 50 best-selling neighborhoods through midyear 2024. Sitting at No. 3 on the … Read more