Nationwide Developers Compete to Redevelop 30-Acre Chevron Campus in Bellaire

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Chevron is selling this prime tract in Bellaire, which could be developed as a mixed-use development. HFF is marketing the property, which is about two miles from the Galleria in Houston, next to Loop 610. Chevron Lists 30.5-Acre Bellaire Site Near Loop 610; Development Interest Expected Nationwide BELLAIRE, Texas — Chevron has placed its 30.5-acre … Read more

Houston 2020 Downtown Awards Winners: Real Estate & Placemaking

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The Houston 2020 Downtown Awards By Ralph Bivins, Author of Houston 2020: America’s Boom Town – an Extreme Close Up Downtown Dealmaker of the Year: Skanska Commercial Development. Skanska completed two headline-making transactions in downtown Houston. Most notable was its purchase of four surface parking lots near Discovery Green — a combined 3.5 acres bought … Read more

Houston Warehouse Boom: 280 Acres of Industrial Space Now Occupied

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HOUSTON – (Realty News Report) – Houston’s industrial market experienced a major surge in 2020 as a shift to e-commerce increased demand for distribution and warehouse space, while construction activity remained strong. Over the year, roughly 12.2 million square feet of industrial space—about 280 acres under roof—was absorbed in the Houston area, according to commercial … Read more

Design-Forward Hybrid Tower Rising in Fitzroy: New Urban Landmark

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HOUSTON – (By Cynthia Lescalleet for Realty News Report) – With a second high-rise joining Caydon’s mixed-use Laneways district in Midtown, the development could just as well be called “Skyways.” But the Australia-based developer intends something more intimate: a walkable “neighborhood within a neighborhood” inspired by Melbourne’s lively alleys—lined with eclectic shops, bistros, boutiques, green … Read more

Opening Day: 500 Crawford Apartments Steps From Astros Stadium

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View of the Astros’ Minute Maid Park from the sports deck at the 500 Crawford apartments. HOUSTON – Opening Day holds special meaning for residents of 500 Crawford apartments: you can walk from your front door to Minute Maid Park in about 10 seconds. That makes being late for the Houston Astros’ season opener against … Read more

Sterling Expands Multifamily Acquisitions Across Texas

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La Fiesta Apartments SAN ANTONIO — Sterling Real Estate Holdings, a joint venture between Barker Pacific Group and Pacific Real Estate Partners, has acquired La Fiesta Apartments in San Antonio. The property is a 111-unit complex located in the Alamo Heights submarket in the northeastern part of the city, featuring 68 two-bedroom units. According to … Read more

New Hines Tower in Downtown Houston Earns WiredScore Platinum for Maximum Connectivity

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The Texas Tower office project is under construction in downtown Houston at the corner of Texas Avenue and Travis. Photo credit: Ralph Bivins, Realty News Report. HOUSTON – (Realty News Report) – The new 47-story Texas Tower office project has earned WiredScore’s Certified Platinum designation, a recognition of its advanced internet connectivity and digital infrastructure. … Read more

Transwestern Unveils 833,000-SF Industrial Project in Northwest Houston

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Transwestern acquired 60 acres from the Taub group. HOUSTON – Transwestern Development, in partnership with JPMorgan Asset Management, is moving forward with the Sam Houston Distribution Center, a logistics campus that will feature three industrial buildings totaling approximately 833,720 square feet along with supporting site improvements. The 60-acre property is located near Fairbanks North Houston … Read more

Transwestern Breaks Ground on 350,000-SF Spec Industrial Building in Southeast Austin

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Southpark Commerce Center in Austin. AUSTIN — Ridge, the industrial development division of Transwestern Development, has commenced construction on a 350,000-square-foot speculative industrial project in southeast Austin. The development will consist of three buildings and is scheduled for completion in late 2017. It will be situated in the Southpark Commerce Center, near the intersection of … Read more

TA Realty Acquires Business Park Near Port of Houston

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TA Realty purchased the East Belt Business Park. Image: JLL HOUSTON – (Realty News Report) – TA Realty has acquired East Belt Business Park, a 350,000-square-foot, four-building industrial complex located in Houston’s Southeast submarket near the Port of Houston. The seller, a fund advised by Morgan Stanley Real Estate Investing, was represented by JLL’s Industrial … Read more