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
HOUSTON – (Realty News Report) – A ribbon-cutting for a new Houston hotel marks a hopeful turn for the city’s hospitality industry after one of the worst downturns in recent memory. Houston-based American Liberty Hospitality has opened a 14-story, 319-room, dual-branded property—Holiday Inn Express Houston and Staybridge Suites—on Loop 610 near Westheimer Road in the … Read more
Jason Cooper, president, Arch-Con Construction. Although Houston’s real estate market has faced challenges, Houston-based Arch-Con Construction has largely avoided the downturn by diversifying its project mix and expanding into other metropolitan areas. Under CEO Michael Scheurich, Arch-Con has nearly 4 million square feet of commercial projects underway and projected revenue of $300 million for 2017, … Read more
Overhead view of the site where the Houston Endowment will build its new 40,000-SF headquarters building. HOUSTON – (Realty News Report) – The Houston Endowment has launched an international design competition for its new headquarters, to be built just west of downtown near Spotts Park and Buffalo Bayou. The 40,000-square-foot building has a $20 million … Read more
New Caney shopping center. HOUSTON – Ironbridge Realty Partners has begun redeveloping a former grocery store site at the intersection of Highway 59 and FM 1485 in New Caney. The project will be anchored by Planet Fitness and La Michoacána, both expected to open in mid-2020. The property was home to a Brookshire Brothers grocery … Read more
[vc_row][vc_column][vc_column_text]HOUSTON – (Realty News Report) – NAI Partners has appointed Andy Uschold as Director of Facilities Services to lead a new business line in Houston, according to Jim Tainter, Partner and Managing Director of NAI Partners’ Landlord Services Division. Uschold joins the firm following his tenure at Lowe’s. Arch-Con Corporation has promoted Michael Dovalina to … Read more
Thompson San Antonio Hotel and The Arts Residences will be developed on the San Antonio River Walk. Architecture is by Powers Brown. SAN ANTONIO – DC Partners, a Houston-based developer led by Roberto Contreras, is moving forward with the Thompson San Antonio Hotel and The Arts Residences: a $116 million hotel and condominium project planned … Read more
Robert Fields HOUSTON – (Realty News Report) – Hewlett Packard Enterprise will develop a 568,000-square-foot campus in Springwoods Village. The project, announced by the joint venture of Patrinely Group, USAA Real Estate and CDC Houston, is set to break ground in the fourth quarter of next year at CityPlace at Springwoods Village in north Harris … Read more
Buffalo Bayou Park offers trails leading to downtown Houston. HOUSTON – (Realty News Report) – Flowing eastward roughly 53 miles from Katy through the Port of Houston and the Houston Ship Channel into Galveston Bay and the Gulf of Mexico, Buffalo Bayou has been central to Houston’s story since the Allen brothers founded the city … Read more
HOUSTON – (By Dale King, Realty News Report) – The Texas multifamily property market continues to show strength, with prices, occupancy and absorption rates rising sharply. The Colliers Multifamily Q4 2021 report for Houston highlights continued momentum in the sector. Although some analysts expect the market to moderate later in 2022, the multifamily market entered … Read more