Lee Kicks Off 2021 with Four New Houston Office Assignments

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HOUSTON – (Realty News Report) – Lee & Associates – Houston has been selected to handle leasing and property management at four additional office buildings in the Houston market as the new year begins. The new assignments arrive as Houston’s office sector navigates rising vacancy and negative absorption driven by the economic effects of the … Read more

Recycling Real Estate Signs: Lee’s Unconventional Plan

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HOUSTON – (Realty News Report) – Lee & Associates – Houston, a commercial real estate firm, has found an unexpected way to support local youth and farm animals. The company has been donating its used for-sale plywood signs to the Future Farmers of America (FFA) program at Cy‑Fair Independent School District in suburban Houston. Mike … Read more

Trophy Towers for Sale in the Permian Basin: Luxury Oilfield Listings

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Two office properties in West Texas are being marketed for sale. MIDLAND, Texas – Two prominent office properties in downtown Midland are being marketed for sale by Colliers International. These buildings are among the most notable trophy towers in the city’s office market and together offer substantial, high-quality commercial space in the heart of the … Read more

Allied Orion Acquires 312 Energy Corridor Units in Major Deal

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Ashford Apartments in the Energy Corridor were acquired from Trammell Crow Residential. HOUSTON – Allied Orion Group has purchased the 312-unit Alexan Ashford apartment community, which will now operate as Ashford Apartments, acquiring the asset from Trammell Crow Residential. Built in 2017, the property sits in Houston’s Energy Corridor at 1200 N. Dairy Ashford, just … Read more

Malls & Shopping Centers: Q&A with Lilly Golden of Evergreen Commercial Realty

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HOUSTON – (Realty News Report) – Lilly Golden is the principal and founder of Evergreen Commercial Realty, a firm that specializes in shopping centers and retail properties. She leases prominent retail and mixed-use assets in Houston’s Galleria and Katy submarkets. Lilly Golden appeared as a guest on THE RALPH BIVINS PROJECT, a podcast produced by … Read more

Wet Sounds Now Open in Rosenberg: Marine Audio & Boat Speakers

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ROSENBERG, Texas – Wet Sounds, a manufacturer of high-performance marine and powersports audio systems, has opened a new facility in Rosenberg comprising 118,386 square feet of warehouse, fabrication and office space. The design/build project was completed by Houston-based KDW and is located on a 27-acre site at 2975 Louise Street, roughly one mile north of … Read more

NW Houston Land Tract Sold — Colliers Report Details

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HOUSTON — Colliers International has completed the sale of a 16.7-acre parcel in northwest Houston. The seller, Eastbourne Fry & 529 LP, sold the tract to K-Tung, LLC. The site sits just south of the Fry Road and FM 529 intersection, immediately adjacent to the Fiesta supermarket. The buyer was represented by Tri Tran of … Read more

NMHC Proposes 90-Day Nationwide Moratorium on Evictions and Rent Hikes

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Doug Bibby, president of NMHC WASHINGTON, D.C. – The National Multifamily Housing Council (NMHC), a leading apartment industry association, has urged a temporary pause on evictions and rent increases for a 90-day period in response to the COVID-19 pandemic. NMHC recommends that apartment owners and operators embrace the following principles to help renters keep their … Read more

Texas Real Estate Briefs: Market Updates and Deals

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RNR Real Estate Briefs from Realty News Report — THE WOODLANDS — Colliers announced the sublease of a 14,581-square-foot Class A office suite at 1735 Hughes Landing Blvd. in The Woodlands. The sublessee, Skyline Industrial Supply, was represented by Tom Condon Jr., Jillian Fredericks, Norman V. Munoz, Michael Wu and Nic Fang of Colliers. The … Read more

Six Self-Storage Facilities Sold in Major Asset Deal

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Self-storage facility at 23250 Westheimer Parkway. HOUSTON – (Realty News Report) – CBRE has announced the sale of a six-property self-storage portfolio in the greater Houston area to a publicly registered, non-traded real estate investment trust sponsored by SmartStop Asset Management. The purchase price was not disclosed. CBRE brokers Nick Walker, John Fenoglio and Trevor … Read more