Chevron sold this tract in the City of Bellaire. The new owner has a grand plan. BELLAIRE, Texas – (By Michelle Leigh Smith for Realty News Report) – A significant development is being planned for the former Chevron site in Bellaire. The 30-acre property offers prime potential with frontage along Loop 610, located just over … Read more
By Dale King, Realty News Report – Nearly every recent study of U.S. real estate markets reaches a similar conclusion: home prices are rising, in some places rapidly. These gains are driven by historically low mortgage rates, strong buyer demand and a limited supply of homes for sale. Ken H. Johnson That trend, however, is … Read more
Memorial City is near the Katy Freeway in west Houston. HOUSTON – (By Kyle Hagerty for Realty News Report) – MetroNational has hired the team behind some of Texas’s most successful retail developments to lead a comprehensive redevelopment of Memorial City Mall, a 1.7 million-square-foot property in west Houston. Fort Worth-based Trademark Property Company, known … Read more
Tilman Fertitta HOUSTON – (Realty News Report) – Galveston-born Tilman Fertitta, who has spent his entire adult life in Houston, has recently been in the headlines for his $2.2 billion purchase of the Houston Rockets. The 60-year-old, however, has long been a prolific entrepreneur. As sole owner of Fertitta Entertainment, he controls not only the … Read more
Chevron is selling this prime tract in Bellaire, which could be developed as a mixed-use development. HFF is marketing the property, which is about a mile from the Galleria in Houston. BELLAIRE – (By Michelle Leigh Smith for Realty News Report) – The purchaser of the former Chevron campus in Bellaire told the city’s Planning … Read more
This new home on Inwood Drive in River Oaks is listed for $5.9 million. HOUSTON – (By Michelle Leigh Smith for Realty News Report) – Mention “Inwood” and longtime Houstonians recall the River Oaks address long associated with the city’s notable figures: the late George R. Brown and his brother Herman Brown, who lived just … Read more
Nitya Capital has acquired this 510-unit apartment project in the Westchase area, a deal financed by Square Mile Capital and Natixis. HOUSTON — Nitya Capital, a Houston-based multifamily investment firm led by Swapnil Agarwal, has purchased the 510-unit City West Apartments in the Westchase area from an affiliate of Goldman Sachs. Financing for the acquisition … Read more
HOUSTON – (Realty News Report) – Google is opening a new office in Houston, leasing 12,000 square feet in One Buffalo Heights, the boutique office component of a larger mixed-use development just west of downtown near Buffalo Bayou. “Google is a major force not only for innovation and economic growth but also as an active … Read more
BELLAIRE, Texas – (By Michelle Leigh Smith for Realty News Report) – What began in the 1950s as one of Weingarten’s most modern grocery stores survived hurricanes, the Great Recession, and multiple rebrandings—from Apple Tree to Safeway and ultimately Randalls. Located on Bellaire Boulevard in the compact commercial core of the independent City of Bellaire, … Read more
HOUSTON – The Urban Land Institute (ULI) has published its annual Emerging Trends in Real Estate report, outlining the outlook for North American real estate markets in 2021. ULI’s top 10 markets for 2021: ONE: Raleigh/Durham, NC — A technology hub anchored by Research Triangle Park, with research universities such as Duke, UNC and NC … Read more