Grandway West HOUSTON – Two new leases totaling 30,139 square feet have been signed at Phase IV of Grandway West, part of a six-building office campus that will reach approximately 850,000 square feet upon completion. To date, the development has delivered 280,252 square feet across three separate buildings. Phase IV, which comprises 72,045 square feet … Read more
This H-E-B store in Bellaire was demolished earlier this year. It will be replaced with the grocer’s first two-level store in the Houston area. Photo Credit: Ralph Bivins, Realty News Report. HOUSTON – H-E-B is being discussed as a potential tenant for Meyerland Plaza, the 950,000-square-foot power center located at the southwest corner of Beechnut … Read more
Greenway Plaza, a 4.4 million SF office complex in Houston, is now owned by Canadian investors. HOUSTON — Canada Pension Plan Investment Board (CPPIB) has completed its $1.2 billion acquisition of Parkway Inc., a major owner of office properties in Houston. The transaction, which closed last week, gives CPPIB control of a large, diversified portfolio … Read more
HOUSTON – (Realty News Report) – Welcome Group, LLC, a Houston-based commercial real estate developer, has completed two property acquisitions in Georgia, marking the company’s first expansion beyond Texas. “These initial out-of-state acquisitions represent an important milestone for our company,” said Welcome Wilson, Jr., President and CEO of Welcome Group. “We continue to grow our … Read more
HOUSTON – (RNR) — Bold Fox Development will soon begin work on its second residential community on a 20.8-acre parcel in Tomball, Texas. Situated near Highway 249 at the northwest corner of Cherry Street and Holderrieth Boulevard, the gated development will include 31 lots sized for 55-foot homes and 34 lots designed for 60-foot homes. … Read more
ROUND ROCK, Texas – (Realty News Report) – Hanover Company, a Houston-based developer long known for high-rise multifamily projects, is expanding into industrial development with its first warehouse project. Founded roughly 40 years ago by Murry Bowden, Hanover manages a national multifamily portfolio of 73,608 units and currently has about $2.7 billion in projects under … Read more
The Margaritaville resort at Lake Conroe. CONROE – A 186-acre resort on Lake Conroe featuring a 20-story hotel will open next year under the Margaritaville brand. Inspired by Jimmy Buffett’s 1977 hit, the Margaritaville brand has grown into a lifestyle label known for casual dining, tropical apparel and footwear, beach furniture, key-lime pie mix, and … Read more
Kevin Roberts HOUSTON – Transwestern has been retained by Brookfield Property Partners to manage leasing for Houston Center, an iconic mixed-use campus in Houston’s Central Business District that includes 4.2 million square feet of office and retail space. Transwestern’s office leasing team assigned to the account consists of Executive Vice President David Baker, Vice President … Read more
On Thursday, President Donald Trump visited McAllen, Texas where the warehouse market just set a new record for high occupancy. McAllen, Texas – (Realty News Report) – Vacancy in the industrial real estate market has fallen to an all-time low as robust demand in the warehousing and distribution sector tightens commercial availability. Located just north … Read more
HOUSTON – (Realty News Report) – Heritage Plaza was one of the last skyscrapers to rise during Houston’s major construction boom of the early 1980s. By the time the downtown tower was completed in 1987, the Houston economy was struggling: financial institutions were failing, foreclosures weighed on the real estate market, and downtown office vacancy … Read more