HOUSTON – (Realty News Report) – Houston developer Robert Clay, a prominent figure in industrial real estate, is expanding into the single-family build-to-rent sector. Clay Residential, a new company, has multiple rental communities planned or under development and intends to expand into major Texas markets. Clay Residential has begun construction on Willow at Sierra Vista, … Read more

HOUSTON – (Realty News Report) – Chevron Phillips Chemical has sold its eight-story office building in The Woodlands, a master-planned community 27 miles north of Houston, JLL Capital Markets announced. The property at 10001 Six Pines is a 200,000-square-foot Class A office building completed in 2002. JLL represented the seller, Chevron Phillips Chemical, and procured … Read more

DALLAS – (Realty News Report) – Gables Residential, a national multifamily firm, has renewed its lease at 3811 Turtle Creek to maintain its Dallas regional office. The property is a 300,961-square-foot Class A office building that is part of KBS’s client portfolio. KBS is one of the nation’s largest investors in commercial real estate. Leasing … Read more

HOUSTON – (Realty News Report) – Fein Multifamily Development Company has completed a 332-unit garden-style apartment community near the new global headquarters of Hewlett Packard Enterprise. Fein’s The Canopy at Springwoods Village is located within Springwoods Village, a $10 billion, 1,800-acre mixed-use community along the west side of Interstate 45 between Springwoods Village Parkway and … Read more

HOUSTON – (Realty News Report) – Launchpad, a 17,000-square-foot innovation hub, is now open in Downtown Houston, offering startup boot camps and business incubation to support emerging companies. Launchpad occupies space inside Amegy on Main, a 13-story building at 1801 Main Street at Jefferson Street. The property sits just north of the Pierce Elevated, which … Read more

Rendering of Spring Plaza, a retail center under development near Springwoods Village. HOUSTON – Construction has begun on Spring Plaza, a new retail center at the corner of Spring Stuebner Road and Spring Plaza Drive on Houston’s north side. Capital Retail Properties is handling leasing for the 13,000-square-foot center, which was designed by CDA Architects. … Read more

GALVESTON – As summer’s easy pace gives way to cooler weather, home sales along Galveston’s coastline are refusing to slow down. Real estate demand on Galveston Island remains strong and competitive. “We are currently having a very successful fall in sales and listings. Our spring and summer sales were fantastic,” says VJ Tramonte, owner of … Read more

The Heights Hospital rendering of completed project. HOUSTON — AMD Global, LLC has purchased The Heights Hospital, and major renovations are currently in progress with an anticipated completion in mid-September. AMD Global partnered with Medical Center Developments to acquire the 192,077-square-foot, six-story hospital situated on 3.94 acres at 1917 Ashland Street in the Heights, according … Read more

HOUSTON – (Realty News Report) – The CityNorth 1 building is listed for sale at $100 per square foot, totaling $25,352,600. “If you were to build a new structure of this size with comparable features from the ground up, replacement costs would likely range from $300 to $350 per square foot,” says Keith E. Lloyd … Read more

River Oaks Bank Building HOUSTON – (Realty News Report) – The River Oaks Bank Building, a 170,233-square-foot boutique office building located in the heart of the affluent River Oaks neighborhood, has been sold. The 14-story tower was purchased by a joint venture between Houston-based Fuller Realty Partners and Independencia Asset Management. JLL represented the seller, … Read more