Motiva’s new space in Allen Center will have a green roof terrace. HOUSTON — Motiva Enterprises has agreed to expand its headquarters within One Allen Center, the 34-story tower that will be renamed for Motiva. Under the new lease, Motiva, a company majority-owned by Saudi Aramco, will occupy 204,500 square feet—an increase of more than … Read more

RNR Real Estate Briefs from Realty News Report – HOUSTON – Colliers International announced that Sourcepoint, Inc. has leased 34,852 square feet at Westbelt Office Center, 8101 W. Sam Houston Parkway S. in Houston. The landlord, RMA American Realty Limited Partnership, was represented by John Pruitt of JLL, while Bob Parsley, Darren Gowell and Mia … Read more

LA MARQUE, Texas – (Realty News Report) – Amazon Logistics will open a 180,000-square-foot delivery station in La Marque to handle last-mile deliveries throughout Galveston County, south of Houston. The new Amazon delivery station will be located at 4975 Gulf Freeway, just south of Gulfway Plaza and north of Team Mancuso Powersports, close to the … Read more

Minnette Boesel HOUSTON – (Realty News Report) – For many years Houston showed little interest in preserving its architectural past. Developers and property owners often replaced older structures with new construction, favoring modernity over memory. Recently, however, attitudes have begun to shift — a change symbolized by the successful effort to preserve the Astrodome. Minnette … Read more

After floods and erosion, the ravine trail reopens in the Houston Arboretum. Photo: Christina Spade. HOUSTON – (Realty News Report) – Is Houston really flat? The Houston Arboretum & Nature Center has reopened a newly redesigned ravine trail system that introduces notable elevation changes not commonly associated with the Houston landscape. Located in the northwest … Read more

The Market at Lake Houston retail center has been sold. Photo credit: Mabry Campbell. HOUSTON — Westwood Financial Corp. has acquired The Market at Lake Houston, a 102,000-square-foot retail center serving the Atascocita area in northeast Houston. The shopping center, located along FM 1960 East, is anchored by an H-E-B grocery store and benefits from … Read more

Éilan Hotel and Spa SAN ANTONIO – Bluegreen Vacations Corporation, a leading company in the timeshare industry, has purchased The Éilan Hotel and Spa in San Antonio for approximately $34.3 million. The acquisition supports Bluegreen’s strategic expansion into the western United States and adds an upscale property to its resort portfolio. “This acquisition reflects our … Read more

DALLAS – (Realty News Report) – First Foundation Bank, a California-based lender, has relocated the headquarters of its holding company to Texas and signed a lease in Plano for its first retail branch in the state. In recent months several California corporations have announced moves to Texas, including CBRE, Hewlett Packard Enterprise, Oracle, Charles Schwab … Read more

Patrick Jankowski HOUSTON – (By Michelle Leigh Smith) – International companies have made substantial investments in Houston, a global trade hub whose export growth helped create approximately 347,000 new jobs over the past 14 years. “There are now 1,000 foreign-owned companies and more than 300 greenfield projects in the Houston region since 2011, where foreign … Read more

Energy Tower IV in the Energy Corridor of west Houston. HOUSTON – Kiewit Engineering Group has signed a 52,834-square-foot office sublease for the 14th and 15th floors of Energy Tower IV, located at 11750 Katy Freeway in west Houston’s Energy Corridor. The Energy Corridor remains one of the weaker office submarkets nationwide and currently lists … Read more