Eric Lestin HOUSTON – Retail industry veteran Eric Lestin, formerly with CBRE, has joined Cushman & Wakefield to lead the firm’s newly established Retail Services Group. In his role, Lestin will build and lead a retail tenant representation team and develop complementary service lines to support retailers and institutional clients seeking advisory and transaction services. … Read more
Lockwood Business Park building 2. Rendering: McCord Development HOUSTON – An industrial building is currently under construction in Generation Park, the 4,000‑acre master‑planned development along Beltway 8 in northeast Houston, McCord Development announced. The new building totals 124,800 square feet and is currently 60% leased, leaving 49,920 square feet available for lease. Named Lockwood Business … Read more
Yorktown Plaza comprises two six-story office buildings and a single-level retail center. Braun Enterprises Acquires Yorktown Plaza in Houston’s Galleria Area HOUSTON — Braun Enterprises has acquired Yorktown Plaza, a 196,000-square-foot mixed-use office and retail complex located on West Alabama near the Galleria. The property, situated in the 5300 block of West Alabama between Yorktown … Read more
HOUSTON – (Realty News Report) – The 801 Travis building in downtown Houston has seen a recent surge of leasing activity as the central business district gradually recovers from the economic shocks of the COVID-19 pandemic. The 21-story 801 Travis tower has recorded 32,358 square feet of leasing activity in recent months, according to Lincoln … Read more
Guard and Grace restaurant in Denver. HOUSTON – Guard and Grace, a contemporary steakhouse originating in Denver, will open a 13,000-square-foot restaurant in One Allen Center in downtown Houston. Planned to debut in summer 2019, the Houston location extends the ongoing partnership between TAG Restaurant Group and Brookfield Properties, the owner of both the Allen … Read more
HOUSTON – (Realty News Report) – Transwestern Real Estate Services and Molto Properties have broken ground on the West Gulf Bank Distribution Center, a 115,642-square-foot distribution facility located near the intersection of Beltway 8 and Highway 290 in Northwest Houston. Armstrong Relocation, a major moving and logistics firm, will occupy the building when construction is … Read more
HOUSTON — (Realty News Report) — Coventry Real Estate Advisors and The Dinerstein Companies have sold Millennium High Street, a mixed-use apartment and retail development in Houston’s River Oaks District. The six-acre property at 4410 Westheimer, just east of Loop 610, was acquired by Galium Capital. Miami-based Galium Capital owns multiple multifamily assets in the … Read more
Danielle Hale, chief economist for realtor.com MIDLAND – (By Dale King, Realty News Report) – A recent realtor.com survey shows Midland, Texas — an oil- and gas-rich city about 425 miles west of Houston — ranks first nationwide for housing price gains. “Midland is the fastest-rising housing market in the United States,” the SmartAsset-backed report … Read more
HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Few who underestimated Stanley Marcus’ vision remained unconvinced for long. In 1969, some questioned the bold decision to move Neiman Marcus from downtown Houston to open on a prairie along Westheimer Road. But Neiman Marcus’ reputation for the finest goods drew an international clientele … Read more
Loop Central HOUSTON – The Loop Central office complex has been purchased by Griffin Partners. The seller was TIER REIT Inc., a Dallas-based real estate investment trust. Located on the east side of Loop 610 just south of Westpark and near Bellaire, the three-building complex totals approximately 575,000 square feet. Currently about 84 percent leased, … Read more