Hanover Co. developing multifamily in Tyson’s Corner. HOUSTON (Realty News Report) – Houston-based multifamily developer Hanover Co. is planning a 412-unit apartment community with ground-floor retail in the Tysons Corner submarket of Northern Virginia. JLL represented Hanover Co. in securing a joint-venture equity partnership with PCCP, LLC. Situated in the Washington, DC metropolitan area, the … Read more
The Air 59 Logistics Center in northeast Houston. HOUSTON – The shell of the Air 59 Logistics Center is finished and ready for tenant build-outs. The 685,400-square-foot distribution building sits within the Park Air 59 complex at the intersection of Will Clayton Parkway and U.S. Highway 59 in Humble. JLL brokers Mark Nicholas, Richard Quarles, … Read more
4400 Post Oak Parkway HOUSTON – HighTower Texas, an investment advisory firm headquartered in Chicago, has signed an eight-year lease for 15,780 square feet at Five Post Oak Park, located at 4400 Post Oak Parkway, establishing its new Texas headquarters. HighTower entered the Houston market in April through its acquisition of Houston-based Salient Partners LP, … Read more
RNR Real Estate Briefs from Realty News Report – MISSOURI CITY – Awesung signed a new industrial lease for 239,124 square feet at 611 S. Cravens Road in Missouri City, Texas. Transwestern’s Jude Filippone, Brian Gammill and Darryl Noon represented the building owner. HOUSTON — JLL was selected by Texas Orthopedic Hospital, an affiliate of … Read more
CALGARY, Alberta, Canada – (Realty News Report) – Houston-based Hines, the international real estate firm, has signed two tenants at First Tower in downtown Calgary. The combined leases total 105,000 square feet of office space in the 27-story building located in the heart of Canada’s energy sector. Calgary-based Symend, a technology company, signed a lease … Read more
Rand Stephens HOUSTON – (Realty News Report) – Houston’s real estate market faced a challenging year. Beyond the drag from low oil prices, the industry was hit hard by Hurricane Harvey. To assess the market’s outlook, Realty News Report interviewed Rand Stephens, Managing Director and Principal at Avison Young — one of Houston’s largest commercial … Read more
HOUSTON – (Realty News Report) – The first phase of Lower Heights, a new 24-acre mixed-use district, is nearing completion with a tenant lineup that includes SheSpace, a women-focused coworking facility. Located along Interstate 10 between Studemont and Sawyer streets, the Lower Heights project features a striking geometric mural visible to drivers, cyclists and pedestrians … Read more
HOUSTON – (By Dale King, Realty News Report) – Texas leads the nation in apartment construction, with Dallas ranked No. 1 and Houston No. 4, according to RentCafé’s latest Apartment Construction Report. Austin ranks No. 7 in the report, which orders markets by the projected number of apartment units expected to be completed by the … Read more
Coca-Cola property on Bissonnet, near Kirby. Photo Credit: Ralph Bivins of Realty News Report. HOUSTON – Realty News Report: Developers Frank Lui and Ronny Hecht have partnered to acquire the 14-acre Coca-Cola property on Bissonnet Street, one of the most valuable infill tracts inside Houston’s Inner Loop. The site sits just outside the city limits … Read more
HOUSTON – (Realty News Report) – A new “traditional neighborhood” inspired by principles popularized by architect Andrés Duany is planned for a portion of Bridgeland in northwest Houston. Named Parkland Row, the neighborhood will include 288 homesites centered around a park and a lake. “Parkland Row will introduce a highly desired architectural style and neighborhood … Read more