CBRE: Houston Lags Behind Austin and Dallas in Tech Talent Growth

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Erin Morales HOUSTON – (By Kyle Hagerty for Realty News Report) – Tech jobs, a major driver of office space demand in the 21st century, are powering some of the nation’s most active office markets. A new report from commercial real estate leader CBRE shows that Houston, the largest city in Texas, which has often … Read more

JLL Acquires IRR’s Dallas Affiliate in Strategic Real Estate Move

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DALLAS – JLL has acquired the Dallas affiliate of Integra Realty Resources, strengthening its capabilities in commercial real estate valuation, counseling, and advisory services. This acquisition enhances JLL’s Valuation & Advisory Services in the United States and builds on the firm’s recent expansion following its purchase of the Houston affiliate of Integra Realty Resources. John … Read more

Woodlands Office Tower Refinanced in $250M Deal

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HOUSTON – (Realty News Report) – The Howard Hughes Corporation announced $250 million in financing for its 1201 Lake Robbins office building in The Woodlands. The 806,000-square-foot tower is fully leased to Occidental Petroleum through the end of 2032, providing long-term income stability for the asset. 1201 Lake Robbins and 9950 Woodloch Forest together form … Read more

Houston Multifamily Firm Acquires Apartment Community in Central Texas

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Ido Blatt SAN ANTONIO – (Realty News Report) – Sun Holdings Group, a Houston-based real estate investment and management firm led by Managing Partner Ido Blatt, has acquired Tradehouse at Bulverde Marketplace, a 330-unit apartment community in San Antonio. The property is located within Bulverde Marketplace, a 104-acre mixed-use development anchored by HEB. This three-story, … Read more

June Houston Home Sales Surge: Market Trends & What Buyers Should Know

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HOUSTON – (Realty News Report) — Houston-area home sales climbed sharply in June, driven by a surge in higher-priced transactions that pushed the average sale price to a new record, according to the Houston Association of Realtors (HAR). Single-family home sales reached 8,588 in June, a 12.5% increase from the 7,637 homes sold in June … Read more

Deal of the Year: Parkway Sale Wins Realty News Report Legend Award

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THE LEGENDS OF REAL ESTATE AWARDS 2016 – Ralph Bivins, editor of Realty News Report, has highlighted the most important people, projects, deals and ideas shaping Houston’s real estate market in 2016. These selections are not always the biggest or the first, but they illustrate emerging trends, potential opportunities, visionary efforts and notable achievements. Jim … Read more

Newmark Knight Frank Announces Acquisition of Jackson Cooksey

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Jackson Cooksey personnel in Dallas and Houston. NEW YORK — (Realty News Report) – Newmark Knight Frank, a global commercial real estate advisory firm, has agreed to acquire Dallas-based Jackson Cooksey, a corporate tenant representation real estate agency. James C. Cooksey, founder of the Dallas-based Jackson Cooksey Company in 1982, will join NKF’s Texas office … Read more

Breastfeeding Room Added to Allen Center Amenities for Working Mothers

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Work and Mother facility adds to amenity offerings at Allen Center HOUSTON – Work & Mother Services, a network of fully equipped lactation and pumping facilities that also provides community and educational resources for working mothers, has signed a lease for space at the Three Allen Center building in downtown Houston. The new Work & … Read more

Alliance Debuts Prose Multifamily Homes, Redefining Houston Luxury Apartments

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KATY, Texas – (Realty News Report) – Alliance Residential has opened its first Prose-branded multifamily property, Prose West Cypress, a cost-efficient development on the west side of Houston. The Prose brand aims to deliver attainable rental rates by rethinking amenity packages and prioritizing practical, high-quality living spaces rather than luxury common-area features, said Alliance Managing … Read more

Medistar Begins Construction on 48-Story Tower at Texas Medical Center

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Rendering of the 48-story Innovation Tower to be developed on Main Street near the Texas Medical Center. HOUSTON – Medistar Corp. will begin construction later this year on Innovation Tower, a 48-story, 1.6 million-square-foot mixed-use development on Main Street adjacent to the Texas Medical Center, according to Transwestern. The project site, at 6700 Main Street, … Read more