HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Until the COVID-19 pandemic is under control, forecasts remain uncertain. James P. Gaines, chief research economist at Texas A&M University’s Real Estate Research Center, told a seminar hosted by Community Development Strategies that no economist can precisely predict the future under current conditions. He … Read more
HOUSTON – (Realty News Report) Balcara at Balmoral, part of a national wave driving construction of single-family rental homes, is nearing completion in the Humble area on Houston’s northeast side. Pre-leasing for the 163-home Balcara at Balmoral community began this week, with initial move-ins scheduled to start on March 1. During the pandemic, a growing … Read more
Rendering of 2 Houston Center planned by Brookfield Properties. Architecture: Gensler HOUSTON – (Realty News Report) – The law firm Vorys, Sater, Seymour and Pease has leased 22,627 square feet of office space at 2 Houston Center, located at 901 Fannin in downtown Houston. Vorys, which currently employs 28 people in Houston, will move into … Read more
Ralph McLaughlin IRVINE, Calif. – Real estate economist Ralph McLaughlin has been appointed deputy chief economist at CoreLogic, a global provider of property information, analytics and data-enabled services. McLaughlin previously served as chief economist at Trulia and is the founder of Veritas Urbis Economics. In his role as deputy chief economist, McLaughlin will translate applied … Read more
Elke Laughlin HOUSTON – After 25 years in commercial real estate, Elke S. Laughlin launched Laughlin Consulting Group in Houston. Previously she served as Executive Vice President of Corporate Development at NAI Partners, one of Texas’ largest independent commercial real estate services firms. Before NAI Partners, she worked as a Vice President and Account Manager … Read more
Kyle Teas. Photo credit: Leah Wilson HOUSTON – (Realty News Report) – Restaurateur Kyle Teas is launching a new concept called Eugene’s Gulf Coast Cuisine. The restaurant will occupy the well-known Mockingbird Bistro location at 1985 Welch Street, inside Houston’s Inner Loop. This new venture evolves from Teas’ previous restaurant, Danton’s Gulf Coast Kitchen, which … Read more
Greenway Plaza in Houston. HOUSTON — The Canada Pension Plan Investment Board has agreed to acquire Parkway Inc., one of Houston’s largest property owners, for $1.2 billion, or $23.05 per share. The deal is expected to close in the fourth quarter of 2017. Parkway’s portfolio includes roughly 8.7 million square feet of office space in … Read more
Houston 2020: America’s Boom Town – An Extreme Close Up By Ralph Bivins, Editor of Realty News Report Available on Amazon HOUSTON — FKM Partnership Ltd. has acquired 48,000 square feet of industrial property on 4.8 acres at 11941 Cutten Road in Houston. The purchase was an investment sale from Clay Partners. Nathan Wynne of … Read more
HOUSTON – (Realty News Report) – Acuren Inspections has leased an industrial property near the Port of Houston, according to the property’s owner, Triten Real Estate Partners of Houston. This transaction is part of Triten’s specialized real estate investment strategy focused on industrial service facilities. Industrial service facilities, often called “stabilized yards,” may not attract … Read more
AUSTIN – (Realty News Report) – A proposed deal involving the Chinese-owned video-sharing app TikTok, Oracle Corp. and Walmart Inc. could create about 25,000 new jobs and establish a corporate headquarters in Texas, President Trump said Monday. “It’s going to bring 25,000 jobs, and it’s going to be located in Texas, and they look forward … Read more