HOUSTON – Basintek LLC, an oilfield equipment manufacturer, has renewed its existing lease and added 50,000 square feet to its manufacturing facility in north Houston, near George Bush Intercontinental Airport. The expanded 200,000-square-foot lease ranks among the largest industrial transactions of 2017, according to NAI Partners. Nick Peterson and John Ferruzzo of NAI Partners represented … Read more

RNR Real Estate Briefs from Realty News Report  HOUSTON – Stream Realty Partners, a national real estate services, development, and investment firm, closed a 16,135-square-foot lease with Shaw Systems Associates, LLC at Westchase Oaks, 10111 Richmond Ave., Houston. Stream acted on behalf of its client Westchase Corporate Center Holdings, LLC, an entity controlled by AEW Capital … Read more

HOUSTON – (Realty News Report) – AXA IM Alts, a Paris-based investment firm, has acquired a 271-unit multifamily community in the LaCenterra development in Katy on Houston’s west side. The property, known as The Grand at LaCenterra, was developed in 2016 by the Martin Fein organization and sits within the mixed-use LaCenterra at Cinco Ranch … Read more

HOUSTON – (Realty News Report) – Inflation concerns and rising office vacancies have challenged Houston’s commercial real estate market, yet Colliers Houston—one of Texas’s largest commercial real estate firms—cites multiple reasons for optimism. The region posted 5 percent job growth in 2021, a strong foundation for recovery. Although improvements in the office sector may take … Read more

New Primrose School in Hughes Landing in The Woodlands. THE WOODLANDS – (By Dale King, Realty News Report) – Howard Hughes Corporation announced that Primrose School, an accredited early education and childcare provider, opened its first location in Hughes Landing this week. This marks the fourth Primrose School to serve families in The Woodlands. Primrose … Read more

HOUSTON – (Realty News Report) – Braun Enterprises has acquired a two-story office building at 7155 Old Katy Road in Houston’s Inner Loop and plans a targeted redevelopment to serve small and growing businesses. The 90,423-square-foot property sits on a 4.17-acre site in the North Loop West office submarket, located just south of Uptown and … Read more

Ralph Bivins, Editor of Realty News Report, a Texas-based Publication. HOUSTON — (Commentary by Ralph Bivins, Realty News Report) — Houston is still reeling from Hurricane Harvey. Roughly 100,000 single-family homes were flooded and about 300,000 vehicles were damaged. Hundreds of small businesses, merchants and restaurants suffered heavy, potentially devastating losses to their enterprises. The … Read more

Chris Caudill, NAI Partners HOUSTON – (By Michelle Leigh Smith) – Work has begun to clear land for one of the largest warehouse and job-creation projects in the Houston area in 2017: a 1 million square-foot Amazon distribution center in Katy, according to Chris Caudill of NAI Partners. The new Amazon facility will employ roughly … Read more

Brompton Court HOUSTON – S2 Capital has purchased Brompton Court, a 793-unit apartment complex located at 7510 Brompton Road in Houston. Financing for the acquisition was arranged by JLL’s Capital Markets team. Voya Investment Management, LLC provided the loan to S2 Capital, an Addison, Texas–based investment firm led by Scott Everett. The seller was CMS … Read more

Redwood Investors has purchased the Exterran facility off of North Houston Rosslyn Road. Photo: NAI Partners HOUSTON – (Realty News Report) – Redwood Property Investors III LLC, a California-based private investment fund, has acquired the former Exterran Energy Solutions campus located at 12001 North Houston Rosslyn Road in northwest Houston. The campus comprises 301,127 square … Read more