GE Oil & Gas occupies a northwest Houston industrial building. HOUSTON – GBP Properties, a Monterrey, Mexico–based real estate investment firm, has purchased a 30,000-square-foot industrial building leased to GE Oil & Gas. The asset, located at 11150 Equity Drive in Westway Park, sits just off Beltway 8 north of Clay Road in northwest Houston. … Read more
Loop Central HOUSTON — Dallas-based TIER REIT Inc. has entered into a definitive agreement to sell the Loop Central office complex, a three-building office campus situated just inside Loop 610 in Houston. Located on the east side of Loop 610, just south of Westpark and adjacent to the city of Bellaire, the Loop Central campus … Read more
RNR Real Estate Briefs from Realty News Report HOUSTON – Global law firm Greenberg Traurig renewed a lease for 37,300 square feet at Wells Fargo Plaza, located at 1000 Louisiana, moving to a new space within the downtown office tower. CBRE’s Marilyn Guion and Warren Savery represented the landlord, while Newmark’s Lispah Hogan and Mike … Read more
Pool at Redford Park Apartments. ClearWorth Capital Acquires 213-Unit Redford Park Apartments in Conroe, Texas CONROE, Texas — ClearWorth Capital has completed the acquisition of Redford Park Apartments, a 213-unit, Class B multifamily community located in Conroe, just north of Houston. The transaction, facilitated by CBRE on behalf of the seller, adds a strategically located … Read more
Rendering of a 100,000-SF mixed-use development in Springwoods Village. HOUSTON – A joint venture led by Patrinely Group, together with USAA Real Estate and CDC Houston, has broken ground on a 100,000-square-foot mixed-use development in Springwoods Village, north of Houston. The project comprises a 50,000-square-foot, two-story office and retail building at 1401 Lake Plaza Drive … Read more
RNR Real Estate Briefs from Realty News Report — SUGAR LAND, Texas — PG Golf, a leading supplier of recycled and refinished golf balls, signed a new 87,214-square-foot lease at Sugar Land Crossroads, 12520 W. Airport Blvd. in Sugar Land. Transwestern Industrial Group’s Darryl Noon and Nick Peterson represented the landlord, while Jeff Venghaus of … Read more
THE WOODLANDS – (Realty News Report) – Mill Creek Residential has begun construction on Modera Six Pines, a mixed-use apartment community in The Woodlands, the master-planned community located about 27 miles north of Houston. Modera Six Pines will include 429 apartment homes within an 11-acre, master-planned development that is being delivered alongside Life Time Fitness. … Read more
Rendering of the Lynn Wyatt Square for the Performing Arts. Architecture: Rios Clementi Hale Studios HOUSTON – CBRE has been hired to identify operators to lease an 8,547-square-foot restaurant that will be part of the Jones Plaza redevelopment in downtown Houston’s Theater District. Houston First Corporation, the public entity that manages the city’s performance halls, … Read more
Hines sold 27 industrial properties in Mexico. HOUSTON – (Realty News Report) – Hines, the Houston-based real estate firm, has sold a 2.9 million-square-foot portfolio of industrial and logistics properties in northern Mexico to Grupo IGS. The portfolio comprises 27 properties across key northern Mexican markets, including Monterrey, Ciudad Juárez, Matamoros, Reynosa and Torreón. Major … Read more
HOUSTON – (By Michelle Leigh Smith for Realty News Report) – A new, purpose-built senior living community affirming LGBTQ residents has opened near downtown Houston. The four-story Law Harrington Senior Living Center offers 112 units and a distinctive entry tower clad in multicolored translucent panels, providing an inviting landmark in the Third Ward. The project … Read more