Fuse Coworking to Open New CityCentre Location — What to Know

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Fuse coworking will open in CityCentre. HOUSTON – (Realty News Report) – Dallas-based coworking operator FUSE Workspace will open a 29,000-square-foot location in West Houston’s CityCentre district on March 2. The new FUSE facility includes 23,000 square feet of Class A office space plus more than 6,000 square feet of outdoor areas. It becomes part … Read more

Hines Tower Hits 95% Occupancy After Major Lease Renewal

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HOUSTON – (Realty News Report) – JAMS, a global provider of arbitration, mediation and alternative dispute resolution (ADR) services, has leased 10,055 square feet at 609 Main at Texas, the 48-story office tower in downtown Houston, Hines announced. JAMS will occupy the 39th floor of the 1,073,075-square-foot office tower in downtown Houston. With this lease, … Read more

Houston Transformed: Architects Share Bold Visions for the City

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Jon Pickard HOUSTON – (By Cynthia Lescalleet for Realty News Report) – The core challenge for development is clear: design places that people will use, love, care for and that allow communities to thrive. Build on that success as new projects are drawn to the growing vitality and together create a more dynamic city. How … Read more

Why Austin Leads Texas Hotel Markets and Strengthens Hospitality Growth

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Downtown Austin. Photo: Ralph Bivins, Realty News Report AUSTIN – (Realty News Report) – Texas’ major hospitality markets remain healthy, with Austin leading the state, according to John M. Keeling, executive vice president of Houston-based Valencia Hotel Group, a prominent luxury hospitality management company. “Austin’s hospitality market continues to be strong,” Keeling said. “The city’s … Read more

San Antonio Investor Buys Large Texas Apartment Portfolio

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Lynd has acquired the Royal Oaks apartments on Westpark Drive in Houston. HOUSTON – (Realty News Report) – Lynd Acquisitions Group, a San Antonio–based real estate investment firm, has purchased a portfolio of three apartment communities in Texas totaling 1,059 units. The firm paid more than $150 million for the portfolio. In Houston, Lynd acquired … Read more

Four Years After Hurricane Harvey: August 25–29, 2017 Perspectives

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Is Houston Ready for the Next One? Four years ago, Houston endured the most intense rainstorm in modern U.S. history. Hurricane Harvey’s unprecedented rainfall flooded more than 150,000 homes. Voters approved $2.5 billion for drainage and flood-control improvements. Some projects are complete; many remain on a critical agenda. “We’re doing it as quickly as possible,” … Read more

Avera Announces Commercial Reserve at Elyson Master-Planned Community

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Trey Odom, AVERA HOUSTON – A 260-acre commercial reserve within the Elyson master-planned community is being positioned for a major corporate campus or a large distribution hub that could accommodate up to 2 million square feet of warehouse space. That assessment comes from Avera, a Houston-based commercial development, construction and investment firm. Avera is collaborating … Read more

NAI Partners Relocates Headquarters to Four Oaks Place

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Jon Silberman HOUSTON – NAI Partners is relocating its headquarters to Four Oaks Place. The Houston-based commercial real estate firm has signed a lease for a full floor totaling 20,000 square feet at 1360 Post Oak Boulevard in Uptown Houston. The new headquarters expands NAI Partners’ footprint by 6,000 square feet compared with its former … Read more

Loop 610 Land Tract Sold: Houston Property Sale Update

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A 6.2-acre North Loop tract with an industrial building has been sold. Photo: Avison Young HOUSTON — A self-storage operator has purchased a 6.2-acre parcel along Loop 610 North near the Houston Heights, the Avison Young commercial real estate firm reports. The property previously served as the printing plant for the Greensheet, a classified-ads “shopper” … Read more

Houston Realtors Thrive: Why 2019 Was a Breakout Year

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Amy Bernstein HOUSTON – (Realty News Report) – Houston’s housing market remained hot in November as the city moved closer to posting a record year, driven by strong demand and favorable mortgage conditions. The Houston Association of Realtors reported 6,395 single-family home sales in November, a 3.6 percent increase compared with the same month last … Read more