Kingwood and Katy Shine for Top Schools and Affordable Homes, Realtor.com

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Javier Vivas HOUSTON – (By Dale King) – Two Houston suburbs, Kingwood and Katy, rank among the nation’s best communities for combining affordable housing with strong public schools, according to a new analysis from Realtor.com. “When searching for a new home, finding something affordable in a good school district with family-friendly features, such as large … Read more

Mendocino Farms Opens Third Houston Location, Leases Hines Space Downtown

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The 609 Main at Texas building was designed by Pickard Chilton. HOUSTON – Mendocino Farms Sandwich Market, a fast-casual restaurant known for chef-driven sandwiches, salads and responsibly sourced ingredients, has leased retail space in Hines’ 609 Main at Texas building in downtown Houston. The new location will be the third Mendocino Farms in Houston; the … Read more

Florida Investors Acquire Houston Office Tower: What It Means for the Market

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HOUSTON — CP Group, the Boca Raton, Florida–based real estate investor and developer, has acquired the 28-story Five Post Oak Park office tower located inside Houston’s Inner Loop. The 567,000-square-foot tower sits on the north side of San Felipe, directly across from the St. Regis Hotel. Amegy Bank was once the building’s anchor tenant, occupying … Read more

Stake for Sale in AT&T World Headquarters, Dallas

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A stake in the AT&T tower (up to 90 percent) is being offered for sale. DALLAS – The investors who acquired downtown Dallas’ 37-story AT&T Plaza last summer are now marketing a majority stake in the property, offering up to 90 percent ownership, according to CBRE executive John Alvarado. Located at 208 S. Akard St. … Read more

RNR Real Estate Briefs: Houston, Austin, Dallas, San Antonio & More

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RNR Real Estate Briefs from Realty News Report –HOUSTON — Global asset manager AllianceBernstein, LP, has signed a long-term lease for a new local private wealth office, Bernstein Private Wealth Management, which will occupy 11,241 square feet at Bank of America Tower in downtown Houston. The firm plans to relocate in spring 2022 from its … Read more

Local Real Estate Firm Acquires John Daugherty Realtors After 52 Years

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John Daugherty HOUSTON – (By Michelle Leigh Smith for Realty News Report) – John Daugherty Realtors, a venerable brokerage known for selling mansions in River Oaks, Memorial and other Houston neighborhoods favored by the city’s wealthiest, has been acquired by New York-based Douglas Elliman. For more than 50 years, generations of old-money clients have turned … Read more

3 Million SF of Retail Went Dark in 2020: Weitzman Houston Study

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HOUSTON – (By Dale King, Realty News Report) – In 2020 roughly 3 million square feet of retail space in Houston went dark as a number of retailers and restaurants closed locations or filed for bankruptcy, leaving weaker outlets vacant. “Biggest Retail Disruption in 30 Years.” The COVID-19 pandemic produced what Bob Young, executive managing … Read more

Medical Office Building Development on Katy Freeway: Stream Project

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Rendering of the medical office building planned for Spring Valley Village. HOUSTON – Stream Realty, in partnership with Wellington Development, will construct a 125,000-square-foot, five-story medical office building at 1001 Katy Freeway in the Spring Valley Village neighborhood. This project is Stream’s second medical office development in Houston and will include a connection to a … Read more

Adaptive Reuse: Medical Tenant Opens at Southside Commons

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HOUSTON – (Realty News Report) – Southside Commons, an 80,000-square-foot redevelopment of the former Palace Bowling Lanes, has welcomed its first tenant: The Center for ENT. The Center for ENT, a clinic specializing in sinus, allergy, and hearing care, has relocated into 20,840 square feet on the second floor of the mixed-use building after serving … Read more

Real Estate Team Moves: Appointments, Promotions & New Hires

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HOUSTON – (Realty News Report) – Rand Stephens, principal and managing director of Avison Young’s Houston office, announced the hiring of Michael Dender. Dender joins the Houston team as an associate focused on landlord representation and the expansion of the firm’s agency leasing service line. He will work closely with principals Sam Hansen and Doug … Read more