CBRE Launches First Hana Coworking Space in Dallas

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The first Hana coworking space has opened in the new PwC Tower in Dallas. DALLAS – (Realty News Report) – Hana, a subsidiary of CBRE, has opened its flagship location: Hana PwC Tower at Park District in Dallas. The new Hana site, developed within a project by MetLife Investment Management and Trammell Crow Company, offers … Read more

Houston Apartment Complex Sells Amid Sluggish Investment Market

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HOUSTON – (Realty News Report) – Alfa TX Investment Group has purchased the 262-unit Willow Ridge apartment community in southwest Houston. The garden-style complex, built in 1977, is located at 12800 Dunlap Street, just south of Highway 90 and west of Hillcroft Avenue. JLL Capital Markets represented the seller, Sentinel Capital, in the transaction. Sentinel … Read more

Avison Young Expands Globally with Acquisition of GVA Firm

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Rand D. Stephens, principal and managing director of Avison Young in Houston TORONTO – Avison Young has completed the acquisition of GVA, a prominent U.K.-based real estate advisory firm. This acquisition expands Avison Young’s global footprint to roughly 5,000 professionals operating across 120 offices in 20 countries, strengthening its position as a leading global commercial … Read more

Hines Breaks Ground on New Multifamily Development

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OKLAHOMA CITY – (Realty News Report) – Hines, the Houston-based international real estate firm, together with partner Humphreys Capital, has broken ground on a new multifamily project at Classen Curve in the Nichols Hills submarket of Oklahoma City. The development will be a five-story mid-rise building containing 326 rental homes, located immediately adjacent to Whole … Read more

IDV Starts Construction on 3.5M-SF Industrial Park Along Beltway 8

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IDV, represented by Tyndall Yapp, acquired 214 acres on Beltway 8 for a new industrial park. Photo credit: NewQuest. HOUSTON – Investment & Development Ventures LLC (IDV) has acquired 214 acres along Beltway 8 in southeast Houston to develop a 3.5 million-square-foot industrial park. Named South Belt Central Business Park, the development is part of … Read more

Chamberlain Hrdlicka Expands: New Office Lease in Downtown Houston

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Chamberlain Hrdlicka has extended its lease at Two Allen Center in downtown Houston. HOUSTON – National law firm Chamberlain, Hrdlicka, White, Williams & Aughtry has signed a long-term lease extension for office space in Two Allen Center, a Brookfield Property Partners building in downtown Houston. Under the new agreement, Chamberlain Hrdlicka will continue to occupy … Read more

RNR Real Estate News Briefs: Today’s Market Highlights

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HOUSTON – (Realty News Report) – Houston Distribution Company, represented by CBRE, has sold its 113,715 SF industrial building at 16001 SH 249 in Houston. Jim Autenreith of Moody Rambin represented the buyer, Atlanta Deferred Exchange, Inc., in the transaction. …………………………………………………. NAI Partners arranged a 6,233 SF office lease for Gordon Arata at 2229 San … Read more

H-E-B Reveals Two-Story Meyerland Plaza Store Plans to Neighbors

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Scott McClelland, H-E-B. Photo: M.L. Smith HOUSTON – (By Michelle Leigh Smith for Realty News Report) – When Hurricane Harvey flooded Houston, the Meyerland neighborhood lost more than houses; it also lost its H-E-B grocery store. That gap will be filled in late 2019 when a new, elevated H-E-B opens at Meyerland Plaza, located at … Read more

Rising Home Prices and Rents Squeeze Consumers: CoreLogic Report

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Ralph McLaughlin HOUSTON – (By Dale King, Realty News Report) – Home prices across the United States continued to rise, but at a slower pace than in recent years, according to the March 2019 Home Price Report from CoreLogic, a global provider of property information, analytics and data-enabled solutions. That slower growth may disappoint prospective … Read more