Rendering of The Groves Apartment Homes being developed by Fein. Architecture is by Steinberg Dickey Collaborative. HOUSTON – Fein, a Houston-based multifamily developer, has broken ground on The Pavilion at The Groves Apartment Homes, a 318-unit community on Houston’s northeast side in the Humble area. This new development is located within The Groves, a 1,000-acre … Read more
HOUSTON – (Realty News Report) – Cadence Bank is relocating from Williams Tower to Park Towers on the West Loop, signing a long-term lease for 82,215 square feet, Transwestern announced. Park Towers, situated near Memorial Park, was among the earliest significant office developments along Loop 610 in the area that evolved into the Galleria and … Read more
AUSTIN – (Realty News Report) – LGI Homes, a publicly traded builder based in The Woodlands, is expanding its presence in Austin, one of the nation’s most active housing markets. LGI Homes recently acquired the real estate assets of Buffington Homebuilding Group, one of Austin’s largest privately held homebuilders, for approximately $40 million in cash. … Read more
Downtown Austin has attracted Facebook, Google and other tech tenants. AUSTIN — Facebook has signed a lease for 231,507 square feet in a new office tower currently under construction in downtown Austin. According to reporting by Shonda Novak and Lori Hawkins of the Austin American-Statesman, Facebook will occupy 10 floors of the 29-story tower known … Read more
DALLAS – (Realty News Report) – AECOM, a major design and engineering firm, is relocating its corporate headquarters from Los Angeles to Dallas. This move continues a broader corporate trend of companies leaving California for states perceived as more business-friendly with lower taxes, notably Texas. Recent headquarters relocations to Texas include CBRE to Dallas, Oracle … Read more
RNR Real Estate Briefs from Realty News Report —HOUSTON – NAI Partners arranged the sale of 47.2 acres at 11022 Telephone Road in Houston. NAI Partners’ Zane Carman and Clay Pritchett represented the seller, while David Claros and Robert Graf of Dosch Marshall Real Estate represented the buyer. HOUSTON – First Reserve Corp., a private … Read more
Riverside Center BOSTON – (Realty News Report) – Hines has sold Riverside Center, a trophy office building in Newton, Massachusetts, for $235 million. Riverside Center spans approximately 509,702 square feet and is considered a trophy-quality office asset in the greater Boston market. JLL served as the exclusive advisor to the seller, Hines, and secured the … Read more
Chris Jackson DALLAS – (Realty News Report) – Stream Realty Partners, a full-service national commercial real estate investment, development and services firm, has promoted Chris Jackson to president. “I’m honored to take on the role of president of Stream Realty Partners and appreciate both the opportunity and the confidence co-founders Mike McVean and Lee Belland … Read more
Houston’s Asian American Chamber of Commerce donated 10,000 masks and other medical supplies for City of Houston personnel to fight the spread of COVID-19. HOUSTON – (Realty News Report) – The Asian American Chamber of Commerce has donated more than $42,000 worth of medical supplies to the City of Houston in response to urgent requests … Read more
HOUSTON – (Realty News Report) – Fat Boots Trailer Park Bar, a “drinkertainment” concept preparing for national expansion, is opening on Houston’s Washington Avenue. Located at 4218 Washington Avenue, Fat Boots Trailer Park Bar will open May 5. Developed by Las Vegas entertainment veterans Jennifer Worthington, Robert Frey and Ned Collett, the concept “playfully brings … Read more