Rising Inflation Sparks Concern Among Homebuyers

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HOUSTON – (By Dale King, Realty News Report) – Inflation is proving to be a powerful and unpredictable force that can alter plans, derail deals, and reshape dreams—especially in the housing market. A recent Redfin-commissioned survey of Americans seriously considering buying or selling a home within the next 12 months found that 29 percent are … Read more

MetroNational Expands 18-Acre Mixed-Use Development Along Katy Freeway

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Memorial City Northwest Corner Aerial Rendering – Rendering Courtesy of MetroNational. HOUSTON – (Realty News Report) – MetroNational has unveiled plans for a substantial mixed-use expansion on an 18-acre parcel north of the Katy Freeway, calling for new office space, retail venues and a hotel as part of its broader Memorial City project. The planned … Read more

Hines Launches Major Italian Redevelopment Project

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MILAN, Italy – Hines, in partnership with Cale Street, is investing $590 million to develop a 2.6 million-square-foot mixed-use project that launches the first phase of a massive urban redevelopment called MilanoSesto. The 370-acre MilanoSesto will be the largest urban regeneration project in Italy and one of the biggest in Europe, according to Hines, the … Read more

People in Real Estate: Danny Miller, Jeff Peden, Meredith Cullen & More Interviews

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HOUSTON – (Realty News Report) – Veteran commercial real estate broker H. Dan “Danny” Miller has launched HDM Realty Advisors, a Houston-based firm focused on commercial transactions. Miller previously served as senior managing director of capital markets at JLL and HFF, and over his career has managed the disposition of approximately $4 billion in income-producing … Read more

Houston Home Sales Rebound After Hurricane, Record November Results

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HOUSTON – (Realty News Report) – Houston’s housing market remained resilient in November, posting record sales despite the lingering effects of Hurricane Harvey. The Houston Association of Realtors (HAR) reported 6,184 single-family home sales in November, an increase of 7.4 percent compared with November 2016, making it the strongest November on record for Houston real … Read more

Oiltanking North America Leases Space in Houston’s Memorial City

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Oiltanking North America LLC leased 23,652 SF in the Murphy Building, 9805 Katy Freeway in Memorial City. HOUSTON — Oiltanking North America LLC has leased 23,652 square feet in the Murphy Building at 9805 Katy Freeway in Memorial City, a development by MetroNational. The company plans to relocate to Memorial City later this year from … Read more

Major Leasing Opportunities in The Woodlands: Commercial & Office Space

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THE WOODLANDS – (Realty News Report) – Lancium Technologies Corp., an energy technology and infrastructure company, has leased an entire floor at The Woodlands Towers at The Waterway, occupying 26,530 square feet at 9950 Woodloch Forest Drive. Lancium will locate its corporate headquarters, power trading and engineering offices in the building. This lease follows another … Read more

Hines to Lead Major Convention Center Development Project

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HOUSTON – (Realty News Report) – Hines, the global real estate developer headquartered in Houston, has been chosen to lead a major expansion of the George R. Brown Convention Center in downtown Houston. The planned expansion will add approximately 500,000 square feet on the south side of the existing facility, positioning the city to host … Read more

Chicago Investor Acquires 330-Unit Multifamily Portfolio

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Carrington at Barker Cypress apartments. HOUSTON – (Realty News Report) – Waterton, a Chicago-based real estate investor and operator, has acquired Carrington at Barker Cypress, a 330-unit apartment community located at 7202 Barker Cypress Road in Cypress, Texas, approximately 25 miles northwest of downtown Houston. Following the widespread flooding from Hurricane Harvey, which damaged an … Read more

Houston Inner Loop Welcomes New Office Tower Under Construction

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L to R: Hunter Sage, John Kiltz, Kenneth Aboussie, Matt Miller, William Peeples, Travis Eickenhorst, and Mike Burney at groundbreaking. HOUSTON – Stonelake Capital Partners marked the start of construction on Wednesday for Park Place Tower, a 15-story, 210,000-square-foot Class-AA office building situated inside the Loop at 4200 Westheimer Road as part of the Park … Read more