Sienna Plantation in Missouri City, which increased sales from 372 in 2017 to 544 in 2018. HOUSTON – (By Dale King, Realty News Report) – Houston does not have a master-planned community (MPC) in the national Top 10 of RCLCO Real Estate Advisors’ 2018 Housing and Community Preference Survey. That said, the Bayou City more … Read more

Molto Properties enters the Houston market with spec project in Northwest Houston. HOUSTON – Molto Properties, a Chicago-based development firm expanding into the Houston market, has broken ground on a 136,551-square-foot speculative distribution center in northwest Houston, according to Lee & Associates. Named 290 Northwest Business Center, the project is located at 21420 Northwest Freeway. … Read more

Jeronimo Hirschfeld HOUSTON – One Real Estate Investment, a Miami-based firm led by Jeronimo Hirschfeld, has sold two Houston multifamily properties totaling 882 units for more than $60 million. Dallas-based S2 Capital, LLC purchased the 432-unit Avalon at Royal Oaks at 2310 Crescent Park Drive and the 446-unit Village at Uvalde at 250 Uvalde Road. … Read more

First 290 project is 100 percent leased. HOUSTON – (Realty News Report) – First Industrial Realty Trust has finalized two leases that bring its newly completed First 290 development, at 6913 Guhn Road in Northwest Houston, to full occupancy just four months after delivery. The 126,250-square-foot bulk warehouse is now leased to Iron Mountain (45,990 … Read more

DALLAS – (Realty News Report) – Perot Development Co., in partnership with Invesco Real Estate, is developing DFW Park 161, a 196-acre industrial project totaling approximately 2.4 million square feet of logistics and warehouse space. The site is strategically positioned near Dallas/Fort Worth International Airport in Irving, adjacent to State Highway 161, offering a prime … Read more

HOUSTON – (Realty News Report) – Bold Fox Development, a Houston-based development firm led by Alex Kamkar, has purchased 215 acres in Brookshire to build a new residential community roughly one mile north of Interstate 10. “This property has a pastoral beauty that people seeking a country ambiance will appreciate,” said Kamkar, Managing Shareholder of … Read more

RNR Real Estate Briefs from Realty News Report – HOUSTON – JLL Capital Markets arranged financing for the acquisition of Residences 2727, a 171-unit multifamily property at 2727 Elmside Drive in Houston’s Westchase submarket. The JLL Capital Markets team representing the borrower was led by Mark Brandenburg, CW Sheehan and Cort Martin. HOUSTON – Transwestern … Read more

MISSOURI CITY – (Realty News Report) – NewQuest Properties will break ground Thursday on a 300,000-square-foot retail development anchored by a movie theater in Fort Bend County on Houston’s southwest side. A 12-screen Cinemark theater will serve as the project’s anchor. This expansion is the second phase of Fort Bend Town Center and will eventually … Read more

CapRidge has acquired three buildings in Houston. HOUSTON – Austin-based CapRidge Partners LLC has acquired a three-building office portfolio totaling 544,291 square feet in Houston’s Memorial/Tanglewood submarket. The portfolio comprises 1616 Voss, 7500 San Felipe and 6363 Woodway. The seller, a partnership led by Unilev Capital, was represented by HFF brokers Dan Miller, Marty Hogan … Read more

FRIENDSWOOD – (Realty News Report) – Taylor Morrison, the fifth-largest home builder in the United States, has broken ground on Avalon at Friendswood, a 184-acre master-planned community located west of West Boulevard in Friendswood. The development is bisected by the newly constructed Friendswood Lakes Boulevard, which connects FM 528 and FM 518. Offering 300 lots, … Read more