John McManus AUSTIN – (By Ralph Bivins, Realty News Report) – The nation’s housing market is “broken,” says John McManus, vice president and editorial director of Hanley Wood’s residential group. He argues that buying a new home has become unattainable for many middle-class Americans. McManus noted that millions of jobs have been added in recent … Read more

Rendering of the new HP campus under development by Patrinely Group in Springwoods Village north of Houston. HOUSTON — HP will establish a new, 378,000-square-foot office campus within Springwoods Village, the large mixed-use development north of Houston. The campus is part of a growing employment hub in the 2,000-acre Springwoods Village master plan, which also … Read more

Land Tejas acquired 856 acres east of the Grand Parkway. HOUSTON – (Realty News Report) – Land Tejas has purchased 856 acres of land to develop a master-planned community that will include approximately 2,500 homes in northwest Harris County. The site is located north of FM 529, west of Fry Road and east of the … Read more

HOUSTON – (Realty News Report) – Underbelly Hospitality, the Houston-based restaurant group led by James Beard Award-winning chef and owner Chris Shepherd, has signed a lease for a 5,000-square-foot restaurant with a rooftop terrace in Houston’s Inner Loop. The new restaurant will be part of the Regent Square infill development near Buffalo Bayou Park, offering … Read more

HOUSTON – (Realty News Report) The Ion, the redevelopment of the historic Sears building in Houston’s Midtown, has named the co-working operator Common Desk and commercial real estate firm Transwestern to lead major roles at the innovation hub. Common Desk will manage more than 58,000 square feet of experiential, flexible office space on The Ion’s … Read more

Patrick Duffy HOUSTON – After several difficult years driven largely by the oil downturn, Houston’s office market shows signs of recovery, according to Patrick Duffy, President of Colliers International Houston. “We are comfortable that the bleeding has stopped,” said Duffy, who leads Colliers’ Houston office operations. Speaking at Colliers’ Houston Trends 2017 event at the … Read more

HOUSTON – (Realty News Report) – Davidson Homes, a home builder based in Huntsville, Ala., announced it has expanded its operations into Texas and will begin constructing its first homes in the Houston area. The company has secured lots in several communities aimed at both first-time and move-up buyers and plans to start construction by … Read more

The Archstone Tuscano apartments were recently sold. Photo credit: Ralph Bivins HOUSTON – (By Kyle Hagerty for Realty News Report) – In the wake of Hurricane Harvey, tens of thousands of Houstonians were temporarily displaced, significantly disrupting multifamily market fundamentals such as absorption, vacancy and rent trends for more than a year. Two years after … Read more

HOUSTON – (Realty News Report) – Flight Club, a British import bar and restaurant that has reinvented the traditional game of darts, has leased 8,500 square feet in Houston’s Inner Loop. Flight Club is scheduled to open in late 2021 at Regent Square, a new mixed-use development near the intersection of West Dallas and Dunlavy … Read more

PASADENA, Texas – (Realty News Report) – CenterPoint Properties has acquired a 601,261-square-foot, rail-served industrial building on 31 acres at 3507 Pasadena Freeway in Pasadena, strategically located near the Port of Houston. Major Rail Access This Class A distribution facility offers an uncommon combination of rail service from Union Pacific, BNSF and Kansas City Southern … Read more