HOUSTON – (Realty News Report) – Randall Davis, a developer who helped popularize historic loft conversions in Houston before moving into high-rise residential projects, has unveiled a new condominium tower. Called The Paramount, the 25-story building will offer 50 residences, with prices starting at $1,055,000. Situated near the upscale River Oaks neighborhood, the development at … Read more
The WeWork offices in Chelsea in New York. HOUSTON — WeWork, the shared office space company, will open its first Houston location in The Jones at Main, a historic redevelopment project in downtown Houston. The company has signed a lease for 86,000 square feet in the building. WeWork’s flexible, membership-based model appeals to startups, entrepreneurs … Read more
AUSTIN – (Realty News Report) – Texas real estate activity reached historic levels in 2020, with Texas Realtors reporting 393,615 homes sold across the state — the highest annual total in Texas real estate history. “Texas real estate sales broke records despite being in the middle of a pandemic,” said Marvin Jolly, 2021 chairman of … Read more
Hartman REIT leases a full floor of office space at 400 North Belt in Houston to a law firm. HOUSTON – Codilis & Stawiarski, P.C., a law firm focused on representing mortgage lenders and servicers, has leased an entire floor at 400 North Belt in the Greenpoint neighborhood of Houston. The firm signed for 19,675 … Read more
Clay Development & Construction has broken ground on the Cutten Distribution Center in Northwest Houston. HOUSTON — Clay Development & Construction has broken ground on the 293,280-square-foot Cutten Distribution Center I, situated on a 16.2-acre parcel at 11833 Cutten Road in northwest Houston. Sales and leasing for the speculative building are being handled by Jim … Read more
HOUSTON – (Realty News Report) – Demand for land in the Houston region is surging. Large parcels are moving quickly and prices have climbed sharply. Since the onset of the COVID-19 pandemic, roughly 17,000 acres of land have sold in the greater Houston area. Another 19,000 acres of large suburban tracts are currently under contract … Read more
Martin Fein HOUSTON – (Realty News Report) – Houston’s multifamily sector has experienced several shifts over the past 18 months. From an oversupply of units in the first half of last year, to a temporary scarcity following Hurricane Harvey, and now to a more balanced market, conditions appear to be stabilizing. To better understand where … Read more
HOUSTON – East River 9, a new nine-hole golf course with a family-friendly restaurant and patio bar, is being built at East River, a 150-acre mixed-use development near the eastern edge of downtown Houston in the Historic Fifth Ward, the Houston-based Midway development firm announced. Located above the 500-year flood plain on the northern bank … Read more
The 71-story Wells Fargo Plaza in downtown Houston. HOUSTON – (Realty News Report) – Sidley Austin LLP, a global law firm, has expanded its office presence at Wells Fargo Plaza, located at 1000 Louisiana Street in downtown Houston. The firm signed a long-term lease renewal and expansion within the 71-story tower developed by Century Development. … Read more
HOUSTON – (Realty News Report) – Houston-based Dinerstein Companies, one of the nation’s largest multifamily developers, has topped out its 40-story Aspire Post Oak in Uptown Houston. The residential tower sits across the street from BLVD Place, a mixed-use development anchored by a Whole Foods Market. Dinerstein’s project occupies 1.59 acres at the northwest corner … Read more