Greentown Labs Launches Houston Hub in the Energy Capital of the World

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HOUSTON – (Realty News Report) – Greentown Labs, a business incubator dedicated to accelerating the clean energy transition, will occupy the former Fiesta grocery store in Midtown Houston. The move is part of a Rice University affiliate’s plan to build a 16-acre Innovation District filled with technology, research, and startup activity between downtown Houston and … Read more

Leasing Update: Lincoln Property Co. Signs Tenants at 801 Travis Tower

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Lincoln Property Co. reports leasing activity at the 801 Travis building in downtown Houston. Photo credit: Lincoln Property Co. HOUSTON – (Realty News Report) – Lincoln Property Company has announced five new leases at 801 Travis Street, a downtown office tower located at the corner of Travis and Rusk. 801 Travis is a 21-story, 222,192-square-foot … Read more

Houston Endowment Plans New Headquarters Near Buffalo Bayou Park

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The Houston Endowment acquired 1.6 acres near Buffalo Bayou west of downtown. Boundary of property outlined in red. HOUSTON – The Houston Endowment, a long-established philanthropic foundation, plans to build a new headquarters near the intersection of Memorial and Waugh drives, just west of downtown Houston. For many years the Endowment has been headquartered at … Read more

RNR Real Estate Market Briefs: News & Trends Today

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HOUSTON – (Realty News Report) – Prime Natural Resources has leased 23,782 SF of office space in a sublease at the former One Shell Plaza, 910 Louisiana St., Houston, from Shell Oil Co., the landlord. NKF brokers Michael Lisch, John Luck and Joshua Brown handled the transaction. ………………………………………………….. Reed Vestal, Taylor Schmidt and John Erck … Read more

GreenStreet Launches Downtown Wellness Center and Shared Offices

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HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Downtown Houston has not seen a public luxury wellness and fitness destination like this since the Texas Club opened in the early 1980s. Midway’s revitalized GreenStreet debuts Life Time at 1201 Main on June 10, a meticulously designed facility featuring creamy tile floors, cold … Read more

New Bacco Wine Lounge Sparks Cycling Boom Along Bayou Trails

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Bacco Wine Lounge leased this freestanding building on the banks of Brays Bayou in southwest Houston. HOUSTON – Bacco Wine Lounge is embracing a growing trend that combines dining and outdoor recreation. The lounge’s new location sits on the banks of Brays Bayou and is conveniently accessible from the Brays Bayou Greenway Trail. That means … Read more

Midway Hotel Rebrands and Appoints New General Manager

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The Hotel Sorella in CityCentre has been rebranded HOUSTON – The 266-room Hotel Sorella has been renamed The Moran CityCentre, hotel owner Midway Cos. announced. Midway is the developer behind CityCentre, the mixed-use destination in west Houston. The property, which opened a decade ago and has been recognized by Condé Nast among the city’s top … Read more

Mortgage Rates Hit Highest Since 2014 — Houston Realtors Respond

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Danielle Hale HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Mortgage rates have risen to their highest levels since 2014, raising concerns for buyers who already face rising home prices and limited inventory. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 4.47 percent for the week ending April 19, up from … Read more

GID Launches Multifamily and Retail Project at Regent Square, North Montrose

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Rendering of future Regent Square by GID Development. HOUSTON — GID Development Group has announced it is moving forward with Phase 2 of Regent Square, a mixed-use project located at West Dallas and Dunlavy Streets, just south of Buffalo Bayou Park. Phase 2 will span eight acres and deliver approximately 600 multifamily residences along with … Read more