Mike Spears HOUSTON – (Realty News Report) – Houston’s industrial real estate market remains strong, driven by several factors, including a rise in e-commerce distribution centers and logistics facilities. According to Colliers International’s second-quarter 2018 industrial report, more than 12.3 million square feet of industrial space was under construction, much of it intended for distribution … Read more
Mike Spears HOUSTON – West Texas Intermediate crude is trading near $64 a barrel, drilling activity is picking up, and the Houston commercial real estate market is seeing the benefits, according to a leading figure in the city’s industrial property sector. “Our clients—many of whom are in oil and gas—are upbeat. They’re energized, actively searching … Read more
Rendering of Oden Hughes’ new multifamily project in Clear Lake City. HOUSTON – Austin-based Oden Hughes LLC has broken ground on a 380-unit apartment community at the corner of Bay Area Boulevard and Middlebrook Drive in Clear Lake City on Houston’s southeast side. MXCAP, an investment group based in Monterrey, Mexico and led by Jorge … Read more
RNR Real Estate Briefs from Realty News Report – HOUSTON – AZ Partsmaster, a supplier of maintenance parts for multifamily operators, has leased 68,342 square feet in Waypoint Business Park I at 411 Cravens Road in Missouri City, Texas. The landlord, 4M Investments and Clarion Partners, was represented by Justin Robinson, Matteson Hamilton and Woody … Read more
Parkway’s Post Oak Central has been selected for a TruFusion fitness facility. HOUSTON – TruFusion, the boutique fitness brand backed by former New York Yankees star Alex “A‑Rod” Rodriguez, will open a location at Post Oak Central, the Houston office campus managed by Parkway Property Investments. Parkway Property has signed a 12,000-square-foot lease with TruFusion … Read more
Trendmaker model home. KATY, Texas – (Realty News Report) – Trendmaker Homes Houston, part of TRI Pointe Group, has announced the grand opening of LakeHouse, a new gated community located west of Houston in Katy. Trendmaker, serving as both developer and homebuilder, will deliver approximately 350 home sites and a variety of community amenities across … Read more
The Martin, Disiere, Jefferson & Wisdom law firm has expanded its lease in downtown Houston’s historic Esperson Building. HOUSTON – (Realty News Report) — The Martin, Disiere, Jefferson & Wisdom law firm has renewed and expanded its lease in downtown Houston’s historic Esperson Building. The firm will occupy approximately 42,000 square feet, according to Newmark … Read more
Tim Relyea HOUSTON – (Realty News Report) – On Wednesday, July 17, 2018, Hines and partner Ivanhoé Cambridge announced plans to build a new 47-story, one-million-square-foot office tower on the former site of the Houston Chronicle building in downtown Houston. Law firm Vinson & Elkins signed a lease for 212,000 square feet and Hines committed … Read more
American Landmark purchased the Haven at Lakes of 610, near the Astrodome, the historic stadium once promoted as “The Eighth Wonder of the World.” HOUSTON – (Realty News Report) – American Landmark, one of the fastest-growing multifamily firms in the nation, has acquired an apartment community near the Astrodome. This marks the company’s seventh acquisition … Read more
HOUSTON – (By Ralph Bivins of Realty News Report) – Designed to prioritize walkability and introduce a denser, more urban residential environment closer to the Harris County line than ever before, the planned development formerly known as Springwoods Village will depart from the typical suburban subdivision model. A Radical Commitment to Non-Auto Transportation The developer’s … Read more