HOUSTON – (RNR Real Estate Briefs from Realty News Report) – Colliers International announced the sale of Midstream Business Park, a 23,657-square-foot flex building located at 2830 FM 565 in Mont Belvieu, Texas. The buyer, Kimberlee Partners LP, was represented by Hart Schleicher of Capital Real Estate Commercial, Inc. Colliers’ Judd Harrison and Jason Tangen … Read more

HOUSTON – (Realty News Report) – Developers are rapidly expanding warehouse construction in Houston to meet growing demand driven by online shopping and other business activity. According to a third-quarter report from commercial real estate firm Cushman & Wakefield, approximately 16.9 million square feet — roughly 389 acres under roof — of large distribution space … Read more

The Center at Pearland Parkway I has been purchased by Dunhill Partners. PEARLAND, Texas — Dunhill Partners, a Dallas-based investment firm, has acquired The Center at Pearland Parkway I, a 167,704-square-foot shopping center located on the eastern side of Pearland. The property was previously owned through a joint venture between Stream Realty Partners and Thackery … Read more

Bird-friendly glass installed in Arboretum redo. The subtle pattern is barely visible to people but helps save birds that die by the millions from window collisions. HOUSTON – (Cynthia Lescalleet for Realty News Report) – The renovations at Houston Arboretum & Nature Center extend beyond landscaping and infrastructure. Among the upgrades to the Nature Center … Read more

HOUSTON – (Realty News Report) – Hines, the global developer known for skyscrapers and large-scale communities, has launched a 110-acre residential neighborhood in suburban Tomball where Taylor Morrison will build homes. Named Raburn Reserve, the community sits about 30 miles northwest of downtown Houston, north of the Grand Parkway and near Highway 249. Taylor Morrison, … Read more

THE WOODLANDS – A 17,380-square-foot mansion featuring a three-story, 3,000-square-foot closet has sold. The enormous closet includes a floating spiral staircase, a champagne bar and expansive storage for clothing, shoes, purses and an extensive sunglass collection. “In every home I have lived in, I have always had a beautiful closet,” said seller and socialite Theresa … Read more

The 3-building Eldridge Place has been sold to Granite Properties. HOUSTON – Granite Properties has acquired Eldridge Place, an 824,632-square-foot, three-building office complex in the Energy Corridor of West Houston, for $78.4 million. Jeff Hollinden, Senior Managing Director, and Martin Hogan, Senior Director of HFF, represented the seller, Dallas-based TIER REIT. Situated at 737, 757 … Read more

HOUSTON – (Realty News Report) — Johnson Development Services and M/I Homes have begun construction on a 238‑acre residential community in northwest Harris County along the FM 2920 corridor near Mueschke Road. Houston ranks second nationwide for home construction, trailing only Dallas. Strong demand for housing combined with mortgage rates near 3 percent is keeping … Read more

HOUSTON – (Realty News Report) – Exxon Mobil announced Monday that it will relocate its corporate headquarters from Irving in the Dallas suburbs to its 385-acre City Place campus in the Houston area, located in northern Harris County. Exxon Mobil already occupies a large complex at City Place: roughly 3 million square feet across 20 … Read more

Craig Young HOUSTON – Craig Young has been appointed Executive Vice President in CBRE’s Valuation & Advisory Services group in Houston. Jim Patterson was named a director in CBRE’s valuation group, which provides valuation and advisory services for infrastructure projects (pipelines, transmission lines, waterlines, roadways, etc.), financing support, litigation assistance and expert witness testimony, development … Read more