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
HOUSTON – (Michelle Leigh Smith for Realty News Report) – Homebuyers, feeling the pressure of a tight market, are increasingly paying more than the asking price to secure homes. During the four-week period ending March 21, Redfin reported that a record 39 percent of homes listed on MLS sold for more than their list price. … Read more
RNR Real Estate Briefs from Realty News Report – HOUSTON – Colliers completed the sale of 1314 West Sam Houston Parkway, a 64,846-square-foot industrial building located along Beltway 8, just north of Interstate 10. The property is occupied by Critical Rental Solutions under a long-term net lease. Todd Moore of Colliers represented the seller. “We … Read more
HOUSTON – (Realty News Report) – NewRez LLC, a national mortgage lending and servicing company, has signed a long-term lease for 60,188 square feet of office space at 17000 Katy Freeway in the Energy Corridor of west Houston. Transwestern’s Executive Vice President Eric Anderson and Vice President Parker Burkett provided agency leasing services on behalf … Read more
The East Mile High Ranch near Sierra Blanca was marketed in 2019. It is an hour’s drive from El Paso. HOUSTON – (By Dale King, Realty News Report) – Country Homes: Coronavirus Spurs Massive Interest During the COVID-19 pandemic, homes in rural areas have seen a dramatic increase in online interest from prospective buyers, according … Read more
CONROE, Texas – (Realty News Report) – Lovett Industrial, a Houston-based real estate investment firm, and Cresset Partners, a North American real estate investment manager, have begun construction on NorthPort Logistics Center, a 1.2 million square-foot logistics hub in Conroe, north of Houston. The development will occupy roughly 75 acres within Conroe Business Park and … Read more
HOUSTON – Realty News Report has named Marvy A. Finger the recipient of its inaugural RNR Lifetime Achievement Award. A native of Houston, Marvy A. Finger is the founder, president and chief executive officer of the Finger Companies. Over a long career, he helped reshape Houston’s residential landscape and reinvigorated the city’s Central Business District. … Read more
Frank Ferrara HOUSTON – (By Michelle Leigh Smith for Realty News Report) – July set a new record in Houston real estate, with nearly 9,000 single-family homes sold, the Houston Association of Realtors reported. HAR recorded 8,953 single-family home sales in July, surpassing the previous monthly high of 8,385 homes sold in July 2018. “Real … Read more
Trey Odom, President, AVERA Cos. HOUSTON — AVERA Companies is developing Bayport Logistics Park, a 143-acre, rail-served industrial complex in Pasadena on Houston’s east side. The property sits east of Underwood Road, just south of Fairmont Parkway, within the Bayport Industrial District. It is conveniently located near both Barbour’s Cut and Bayport container terminals, enabling … Read more
Rendering of the M-K-T development in The Heights. HOUSTON (Realty News Report) – XCL Resources, LLC, an oil and gas company, is relocating its headquarters to The Heights. XCL has signed a lease for 16,328 square feet of office space at M-K-T, a redevelopment of a former industrial property into a mixed-use campus. The M-K-T … Read more