Beth Young HOUSTON – (Realty News Report) – Healthcare is ingrained in Houston’s real estate landscape alongside energy. The Texas Medical Center spans 1,345 acres, contributes roughly $25 billion in GDP, and ranks as the eighth-largest business district in the United States. Its campus includes approximately 50 million developed square feet and about 9,200 patient … Read more
HOUSTON – (Realty News Report) – Another tenant has signed a lease at 12000 Aerospace Avenue in the NASA/Clear Lake area, a submarket that has demonstrated resilience during the pandemic and long-term stability. “While many parts of Houston have been impacted by energy sector exposure, the Clear Lake office market has maintained consistent performance over … Read more
Clouds over the Houston skyline in September 2019. Copyright photo (2019) by Ralph Bivins of Realty News Report. HOUSTON – (Realty News Report) – Downtown Houston’s skyline is undergoing a significant transformation, with more than a dozen major renovation projects under way alongside numerous smaller upgrades and conversions. According to the third quarter Downtown Houston … Read more
WeWork will open a location in the historic Jones on Main office project. HOUSTON — WeWork, the global co-working operator, will open its first Houston location within The Jones on Main, a prominent historic redevelopment in downtown Houston. WeWork’s flexible office model appeals to startups, entrepreneurs and large corporations that need a visible, flexible presence … Read more
Rendering of new development at Memorial City in west Houston. HOUSTON – MetroNational is moving forward with a major addition to its Memorial City complex along the Katy Freeway in West Houston: a 25-story residential tower and a nine-story office building on a prominent corner site. The project sits on four acres at the southwest … Read more
HOUSTON – (Realty News Report) – Skanska has announced that Norton Rose Fulbright will serve as the anchor tenant for a new downtown Houston skyscraper, clearing the way for construction to begin. The 28-story tower will be located at 1550 Lamar Street, adjacent to Discovery Green park. Under a long-term lease agreement, Norton Rose Fulbright … Read more
HOUSTON – (Realty News Report) – Liskow & Lewis, a law firm specializing in energy, has leased 30,000 square feet in 1001 Fannin, a 49-story Class A office tower in downtown Houston. CBRE brokers Kevin Kushner and William Padon represented the tenant in the lease. Cushman & Wakefield’s Chip Colvill, Brad Beasley, and Cameron Colvill … Read more
Photo by Dale King WEST PALM BEACH, Fla. – Construction is now underway at the vacant 10-story office tower in West Palm Beach that will be converted into a residence for the Houston Astros players and staff during spring training and a baseball-themed hotel open to the public the rest of the year. The redevelopment … Read more
HOUSTON – (Realty News Report) – Satya Inc., a Houston-based commercial real estate development and consulting firm, has sold its 12-acre tract in Katy to Davis Development, an Atlanta-based multifamily developer. The site is located at the northwest corner of Morton Ranch Parkway and the Grand Parkway. Berkadia represented Davis Development, which already owns and … Read more
HOUSTON – (Realty News Report) — Continental Land & Fur Co. and Caliber Solutions have leased office space in CityPlace 1 at Springwoods Village in Spring, north of Houston. CityPlace 1 was the first multi-tenant office building completed in CityPlace at Springwoods Village and totals 149,500 square feet. The mixed-use development is being built by … Read more