HOUSTON – (Realty News Report) – San Felipe Place, a 17-story boutique office tower in Houston’s River Oaks area, has reached 99 percent occupancy. The 167,000-square-foot building recently added three tenants that together occupy approximately 8,000 square feet. Developed by Hines and designed by Ziegler Cooper Architects, San Felipe Place is located at 2229 San … Read more
This bridge on Second Street in Austin is adjacent to the site for a major office tower in downtown Austin. Photo credit: Ralph Bivins AUSTIN — A new 35-story office tower is expected to be announced soon for downtown Austin, and local reports indicate that Google or Salesforce could lease the entire building. The development … Read more
HOUSTON – (By Dale King, Realty News Report) – The coronavirus pandemic severely disrupted the U.S. economy, triggering spikes in unemployment, shuttering many restaurants and businesses, and forcing schools to adapt to remote learning. Early in the crisis, many analysts expected the housing market to suffer a dramatic downturn. “We expected that the housing market … Read more
In the Looped In studio: Realty News Report Editor Ralph Bivins in the Looped In recording studio with host Nancy Sarnoff of the Houston Chronicle. The program features a discussion of Bivins’ new book: Houston 2020: America’s Boom Town – An Extreme Close Up. HOUSTON – (Realty News Report) – Ralph Bivins, editor of Realty … Read more
The South Park regional mall opened in 1968. SAN ANTONIO – Two enclosed regional malls in Texas—one in San Antonio and one in Amarillo—have changed ownership. A partnership made up of Mason Asset Management, Namdar Realty Group and CH Capital Group purchased the two properties, which together total approximately 1.1 million square feet. JLL represented … Read more
Trey Odom HOUSTON – (Realty News Report) – Houston’s industrial market is performing strongly and remains one of the top sectors in commercial real estate. Robust activity at the Port of Houston, the continuing growth of e-commerce, and a recovering energy sector are all fueling industrial construction and leasing. To understand whether this momentum will … Read more
CityWest Place Two CityWest Place in Houston Secures Refinancing HOUSTON — Parkway Property Investments has refinanced Two CityWest Place, a 20-story Class AA office tower located in the Westchase submarket. The 443,549-square-foot building sits west of Beltway 8 and is part of the larger CityWestPlace campus. Loan Details and Advisors JLL acted on behalf of … Read more
Avenue Station Avenue Station: New 68-Unit Affordable Housing Project Fully Leased in Houston’s Near Northside HOUSTON — Avenue Station, a newly completed 68-unit affordable housing development in the Near Northside, is now fully leased. The project, developed by Avenue, a local nonprofit focused on building affordable homes and strengthening neighborhoods, in partnership with the City … Read more
Coffee kiosk at 1415 Louisiana HOUSTON – A $15 million capital improvement program has been completed at the 43-story Class A downtown office tower owned by Wedge Group Incorporated, a Houston-based private equity firm focused on acquisition investments. The renovations introduce a range of tenant-focused amenities: a redesigned lobby and building entrance, a new conference … Read more
The East Mile High Ranch is for sale. SIERRA BLANCA, Texas – The Texas General Land Office is offering the 23,500-acre East Mile High Ranch for sale in Sierra Blanca, roughly an hour’s drive from El Paso, CBRE announced. Located just north of Interstate 10 and fronting FM 1111 in Hudspeth County in West Texas, … Read more