Community leaders gathered to consider retail options after Hurricane Harvey knocked out stores in southwest Houston. HOUSTON – (By Michelle Leigh Smith) – The H-E-B grocery store located near Brays Bayou in southwest Houston has been permanently closed after flooding from Hurricane Harvey. The store, which had previously flooded during heavy rains on Memorial Day … Read more
PASADENA, Texas — Colliers International has announced that Dunavant Distribution Group is expanding into a 784,000-square-foot industrial building at Bay Area Business Park, located at 10629 Red Bluff Road in Pasadena, Texas. This additional space increases Dunavant’s footprint in the business park to more than one million square feet. John Nicholson of Colliers International represented … Read more
Tim Costello, CEO of BDX HOUSTON – (By Dale King, Realty News Report) – A new online rating platform gives homebuyers a place to post honest, transparent reviews about the builder who constructed their home, according to the company’s CEO. Prospective buyers searching for a builder can now consult feedback from people who have already … Read more
HOUSTON – (Realty News Report) – Major cities are losing residents to the suburbs, boosting real estate demand in outlying communities. The pandemic has put remote work to an extended test. Some companies have already announced plans to let most of their staff work from home permanently, while many others expect employees to work remotely … Read more
Julie Melander, Chair of CRE AUSTIN – (Realty News Report) – The Counselors of Real Estate identified the most important challenges facing the U.S. real estate industry on the opening day of the National Association of Real Estate Editors 2019 conference in Austin. More than 1,100 real estate professionals from some 50 disciplines voted on … Read more
Hines’ 609 Main at Texas tower. HOUSTON – Simmons & Company International | Energy Specialists of Piper Jaffray has leased 31,000 square feet at 609 Main at Texas, the new 48-story office tower developed by Hines in downtown Houston. Simmons, an investment banking and financial advisory firm, will relocate to the 1,073,075-square-foot building this fall. … Read more
The Moran Ranch has been sold. HOUSTON – (Realty News Report) – The 500-acre Moran Ranch, located along Interstate 45 in the Willis area north of Houston, has been sold to developers as the Houston metropolitan area continues expanding into outer suburban territories. The buyer, MRSS Partners Ltd., is a partnership between Houston-based Satya Inc. … Read more
HOUSTON – (Realty News Report) – Walker & Dunlop has hired a team of seasoned commercial real estate finance professionals from Jones Lang LaSalle to establish a new office in Houston. Mike Melody, Tom Melody, Tom Fish and Paul House have been appointed managing directors at Walker & Dunlop’s Houston office. Jonathan Paine will serve … Read more
MIAMI – (Realty News Report) – The National Association of Real Estate Editors (NAREE) will host its 55th Annual Real Estate Journalism Conference in Miami from December 7–10. The conference opens Tuesday morning, December 7, at the Kimpton Epic Hotel and will draw journalists from major newspapers and notable publications across the country. Programming will … Read more
Aerial view of Wilson Investment Properties’ newly acquired NW Houston industrial portfolio. HOUSTON – Wilson Investment Properties, a real estate investment firm based in Silicon Valley, has acquired an industrial portfolio consisting of 19 buildings across six industrial parks in northwest Houston, totaling approximately 460,000 square feet. The portfolio is occupied by a diversified mix … Read more