Jonathan Brinsden DETROIT – For many years Detroit relied heavily on a single industry, similar to Houston’s past dependence on energy. Suburban flight emptied much of the city decades ago, but in recent years residents have been returning to the central business district. That resurgence has been driven in part by leading entrepreneurs, civic-minded developers … Read more
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
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
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
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
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
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
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
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
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