Kirby Collection Lands Major Office Lease Deal

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Joseph Sitt HOUSTON – PROS Holdings, a Houston-based cloud software company, has signed a lease for 118,000 square feet in the new Kirby Collection tower, a 13-story office building developed by Thor Equities on Kirby Drive. With this agreement, PROS has leased the remaining available office space in the Kirby Collection, a 186,000-square-foot building located … Read more

SmartVault Signs Lease for The Heights M-K-T Space

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HOUSTON – (Realty News Report) – SmartVault, a software company specializing in cloud-based document storage solutions, has leased office space at the new mixed-use M-K-T development in The Heights. Located just north of Interstate 10 at the corner of Shepherd Drive and Sixth Street, the M-K-T project sits between Heights Boulevard to the east and … Read more

Builder Launches La Porte Community With $250K Entry-Level Homes

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La Porte, Texas – (Realty News Report) – HistoryMaker Homes is developing an attainable housing community in La Porte on Houston’s southeast side, offering new homes starting around $250,000. Named Artesia Village, the development features homes on 40-foot-wide lots, with some floor plans as compact as 1,440 square feet. The community will total 82 homes … Read more

14 Homebuilders Join New Bridgeland Development Phase

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Rendering of new section of Bridgeland in northwest Houston. CYPRESS, Texas — The Howard Hughes Corporation is preparing to open Parkland Village, a new village within Bridgeland, its 11,400-acre master-planned community in northwest Houston. Parkland Village is designed to offer a range of homes, recreational amenities and thoughtful landscaping that connects residents to the natural … Read more

Houston Adds 128,700 Jobs in Record Economic Surge

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Realty News Report Editor Ralph Bivins is the 2018 Winner of the National Association of Real Estate Editors’ Gold Award for Best Column. HOUSTON – (By Ralph Bivins, Realty News Report) – Over the past 12 months, Houston added approximately 128,700 jobs, one of the largest annual gains on record, according to the Texas Workforce … Read more

Stream Realty Breaks Ground on Empire West Business Park: 1M SF Warehouse on 300 Acres West of Houston

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HOUSTON – (Realty News Report) – Stream Realty Partners’ Houston office has broken ground on Empire West Business Park, a new 300-acre industrial development located in Brookshire, approximately 30 miles west of downtown Houston. Construction has begun on three speculative distribution buildings totaling 1 million square feet, along with the park’s infrastructure and internal roadway … Read more

NAR Chief Economist on Recession Risks, Mortgage Rates, and a Texas Hot Spot

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Lawrence Yun, chief economist of the National Association of Realtors speaks at a press conference in San Francisco. Photo credit: Ralph Bivins, Realty News Report SAN FRANCISCO – (Realty News Report) – Houston’s housing market remains resilient even after Hurricane Harvey, according to Lawrence Yun, chief economist of the National Association of Realtors. “Houston is … Read more

Texas Real Estate Headlines: Houston, Dallas, Austin, San Antonio

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HOUSTON – (Realty News Report) – CBRE Capital Markets Debt & Structured Finance has arranged $16.1 million in bridge financing for Sugar Land Physicians Center, a 56,063-square-foot medical office building located at 7616 Branford Place in Sugar Land. Dana Summers, Bruce Francis, Bob Ybarra, Shaun Moothart, Doug Birrell and Jim Korinek of CBRE negotiated the … Read more

Houston Housing Market Rebounds 10 Months After Harvey — Q&A with Amy Bernstein

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Amy Bernstein, Bernstein Realty of Houston HOUSTON – (Realty News Report) – Nearly ten months after Hurricane Harvey struck Houston, the residential real estate market continues to feel the impact. The dramatic images of high-water rescues in some of the city’s most prestigious neighborhoods left a lasting impression worldwide. Prospective residents and relocating families understandably … Read more