HOUSTON – (Realty News Report) – Office leasing in the Memorial Villages area is revealing a clear tenant shift: companies are prioritizing proximity over dense, centralized workspaces. Put simply, suburban offices are becoming more attractive than downtown high-rises in the COVID-19 era. “We are closely monitoring an emerging trend in Houston whereby more and more … Read more

Empyrean Benefit Solutions renewed a 108,000 SF lease for its headquarters in the nine-story Pinnacle Westchase building at 3010 Briarpark Drive. Photo: Treeview Real Estate Advisors. HOUSTON – (Realty News Report) – Empyrean Benefit Solutions has renewed a 108,000-square-foot lease for its corporate headquarters in the nine-story Pinnacle Westchase building located at 3010 Briarpark Drive … Read more

HOUSTON – (By Dale King, Realty News Report) – A new analysis from Redfin finds that low-tax states—including Texas, Florida, Nevada and South Carolina—are attracting significantly more domestic migrants than high-tax states. Redfin compared estimated migration flows among the 48 continental U.S. states from 2013 to 2020 with combined measures of sales, income and property … Read more

LaCenterra at Cinco Ranch, a mixed-use development, has been sold. HOUSTON – PGIM Real Estate, the real estate investment arm of Prudential Financial, has acquired LaCenterra at Cinco Ranch, a 412,900-square-foot mixed-use lifestyle center on 34 acres near the Grand Parkway on Houston’s west side. The sellers, Vista Companies of Houston and Denver-based Amstar Group, … Read more

Rendering of Marcel project in Fort Bend County. SUGAR LAND, Texas – A 63,000-square-foot mixed-use development named Riverstone Town Center is being developed in Fort Bend County by The Marcel Group, a Woodlands-based firm led by Vernon Veldekens. Situated near the intersection of University Boulevard and L.J. Parkway, the project will include approximately 41,875 square … Read more

HOUSTON – (Realty News Report) – The development team led by former Conoco, ConocoPhillips and Chesapeake Energy chairman Archie Dunham has broken ground on Dunham Pointe, a 1,327-acre master-planned community just off Highway 290 in northwest Houston. Homebuilders Coventry Homes, David Weekley Homes, Tri Pointe Homes and Toll Brothers will offer new single-family homes on … Read more

HOUSTON – (Realty News Report) – Arch-Con Corporation has begun construction on a 38,400-square-foot expansion of Houston Physicians’ Hospital, located in the Clear Lake/Webster area of southeast Houston. “Houston Physicians’ Hospital is fortunate to serve a growing population, and this expansion will allow us to better meet the region’s healthcare needs,” said Heather Womack, CEO … Read more

HOUSTON – (Realty News Report) – Investors have acquired an office building in West Houston’s Energy Corridor, one of the region’s most recognized and active submarkets. “The tide is turning rapidly in the Energy Corridor; demand is growing significantly from both tenants and investors alike,” said Rick Goings, Senior Director of JLL Capital Markets, which … Read more

  Hines is marketing the 21 Eleven apartments on Westheimer Road in Houston. The Meeks + Partners–designed complex was completed in 2015. HOUSTON — Hines has put its 21 Eleven apartment community up for sale. The five-story, 215-unit complex sits near the southwest corner of Westheimer Road and South Shepherd Drive, inside Houston’s Inner Loop. … Read more

Home built by Taylor Morrison HOUSTON – Taylor Morrison, a Scottsdale, Arizona–based homebuilder, has purchased 107 acres from the Brazos Bend Trust to expand the Avalon at Riverstone community. The newly acquired property will be developed into approximately 300 residential lots marketed under the builder’s two brands, Taylor Morrison and Darling Homes. As part of … Read more