A night view of downtown Austin. Photo: Ralph Bivins, Realty News Report WASHINGTON – (By Ralph Bivins, Realty News Report) – Austin topped a list of 80 cities for overall real estate prospects in 2020, according to the Emerging Trends in Real Estate report co-published by ULI and PwC. Dallas-Fort Worth placed sixth, San Antonio … Read more
717 Texas building in downtown Houston. HOUSTON – Hines has announced new lease agreements at the 717 Texas office tower in downtown Houston, securing renewals and a new tenant as part of a broader repositioning of the property. The 717 Texas building is located in one of the city’s most active high-rise development corridors. Calpine, … Read more
HOUSTON – (Realty News Report) – Vroom, an online automotive retailer, has leased 102,492 square feet in the Westchase Park II office building in west Houston. The property at 3600 West Sam Houston Parkway South is now approximately 92 percent occupied, according to Transwestern Real Estate Services. The transaction backfilled two floors of previously available … Read more
HOUSTON – (Realty News Report) – American Landmark Apartments has acquired a 240-unit multifamily community in The Woodlands. This marks the Tampa, Fla.-based firm’s 17th property in the Houston metro area and its 41st property in Texas. In The Woodlands, American Landmark Apartments acquired Pine Creek Ranch apartments. The community will be renamed Stone Creek … Read more
HOUSTON – (Realty News Report) – Lee & Associates – Houston announces five new office leasing and management assignments across the Greater Houston area. The landlord agency team will handle Class A and B spaces at the following properties: 550 Westcott, 83,366 SF; 4101 Interwood, 80,000 SF; 1505 S. Highway 6, 63,487 SF; 16430 Park … Read more
HOUSTON – (Realty News Report) – A 17-story downtown office tower long occupied by JPMorgan Chase is now being marketed for sale after the bank announced it will relocate. JPMorgan Chase has been the sole tenant of the 1111 Fannin building for decades; its lease runs through September 2021. The 428,629-square-foot property is being marketed … Read more
RNR Real Estate Briefs from Realty News Report — HOUSTON — Levcor has unveiled an ambitious redevelopment plan for Post Oak Plaza, a retail and dining center at the corner of Post Oak Boulevard and San Felipe Road. New restaurant tenants announced for Post Oak Plaza include Kenny & Ziggy’s, Maragume Udon and il Bracco. … Read more
HOUSTON — (Realty News Report) — Stream Realty Partners represented Winsupply of Houston in leasing 65,650 square feet at Cole Creek Business Park in northwest Houston. The new distribution facility at 8708 West Little York Road will provide Winsupply with a larger, more efficient space to meet growing customer demand. Winsupply supplies HVAC products and … Read more
WASHINGTON – Real estate executive Randall Lewis has donated $10 million to the Urban Land Institute, the largest single contribution in ULI’s 86-year history, to accelerate the organization’s efforts to make the built environment more sustainable. In recognition of the landmark gift, ULI has renamed its former Center for Sustainability and Economic Performance the ULI … Read more
Griffin Partners Office Fund III has acquired 520 Post Oak, an office building in the Post Oak Park development north of San Felipe Road in Houston. Griffin Partners Office Fund III Purchases 520 Post Oak Boulevard in Houston HOUSTON — Griffin Partners Office Fund III has acquired 520 Post Oak Boulevard, a 155,147-square-foot office building … Read more