HOUSTON — (By Dale King, Realty News Report) – Houston-area master-planned communities led the nation in new home sales in a strong mid-year report, showing robust buyer activity despite the COVID-19 pandemic, according to RCLCO Real Estate Advisors. Ten Houston-area master-planned communities placed on RCLCO’s Top 50 list of leading new home sellers in the … Read more
CBRE huddle space. Photo: C. Lescalleet HOUSTON – (By Cynthia Lescalleet, Realty News Report) – After consolidating its local offices and moving into the Workplace360 environment at Williams Tower, CBRE Houston’s 297 employees now have a dozen distinct, sleek work settings to choose from each day. As their tasks shift during the day, so can … Read more
AUSTIN – (Realty News Report) – Comunidad Partners has acquired The Plaza at Windsor Hills, a 200-unit apartment community in Austin. John Carr and Ben Fuller of Cushman & Wakefield represented the seller, One Real Estate Investment, in the transaction. Comunidad Partners purchased the property through its fully discretionary fund, which focuses on acquiring workforce … Read more
Northstar Commercial acquired an office property in Sugar Land. SUGAR LAND — Northstar Commercial Partners, a Denver-based investment firm, has purchased the office building at 77 Sugar Creek Center Boulevard in Sugar Land. The 143,000-square-foot property sold for $27.4 million. Known previously as Two Sugar Creek, the Sugar Creek building comprises mid-sized office suites and … Read more
HOUSTON – (Realty News Report) – Construction has begun on the long-awaited TMC3, a 37-acre, 6 million-square-foot life sciences campus designed to accelerate the translation of discoveries at the Texas Medical Center into commercial ventures and new advances in medicine and medical technology. The TMC3 development will sit along Braeswood Boulevard on the southern edge … Read more
HOUSTON – (Realty News Report) – Christopher Todd Communities and Taylor Morrison Home Corp. are developing a 240-home single-family rental community in Cypress in Northwest Houston. The project expands the Build-to-Rent trend, offering renters the private outdoor space and larger living areas of suburban homes while providing professionally managed rental benefits. Named Christopher Todd Communities … Read more
Travis Rodgers HOUSTON – NAI Partners has appointed Travis L. Rodgers as Executive Vice President. In this newly created role, Rodgers will work closely with Managing Partner Jon Silberman and will oversee the firm’s executive management, operations, revenue management and growth initiatives. Rodgers joins NAI Partners after serving at Whitestone REIT. HOUSTON – Eric Lestin, … Read more
HOUSTON – (Realty News Report) – E-commerce is fueling a record-setting boom in the United States warehouse sector, with projects totaling 330 million square feet—about 7,575 acres—currently under construction, according to a new report from Lee & Associates. This nationwide surge in industrial development is a direct response to consumers shifting to online shopping during … Read more
HOUSTON – (Realty News Report) – Transwestern Real Estate Services has been appointed by LPC Realty Advisors I to manage leasing for two office buildings located adjacent to The Galleria. Originally developed by Hines Interests in 1969 and 1976—the same developer behind the nearby landmark mixed-use Galleria project—these office properties occupy a prime Westheimer Road … Read more
RNR Real Estate Briefs from Realty News Report HOUSTON — Colliers announced the sale of a 25,992-square-foot industrial building on 2.2 acres at 4303 South Drive. Michael Stavinoha of Dominion International Group | EXP Realty represented the buyer. Christopher D. Winter and Walter Menuet of Colliers represented the seller, Glenmorangie, LLC. The property sits in … Read more