Houston & Texas Real Estate News: Key National Market Updates

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A GREAT CHRISTMAS GIFT: The New Book by Ralph Bivins, Editor of Realty News Report Houston 2020: America’s Boom Town – An Extreme Close Up Available on Amazon http://tiny.cc/4a2g6y HOUSTON — Aztec/Shaffer, LLC, which operates through its two divisions Aztec Events & Tents and Shaffer Sports & Events, has finalized updated leases totaling 250,697 square … Read more

RNR Real Estate Briefs: Market Updates for HOU, AUS, DAL & More

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HOUSTON – (RNR Real Estate Briefs) — David Alexander of Newcor Commercial Real Estate represented the seller, NOCNIR, LLC, in the sale of a 21,261-square-foot office-warehouse located at 3367 North Sam Houston Parkway West in Houston. HOUSTON – Pet Supplies Plus has leased 7,500 square feet of retail space at Memorial at Kirkwood, located at … Read more

Texas A&M Breaks Ground on Houston Life Science Tower Project

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HOUSTON – (Realty News Report) – Medistar Corp. and Healthcare Trust of America held a groundbreaking Wednesday for Horizon Tower, a new life sciences and medical building that will strengthen Texas A&M University’s presence adjacent to Houston’s Texas Medical Center. The 30-story Horizon Tower, scheduled for completion in early 2023, will feature 17 floors of … Read more

Houston Good Brick Awards: Top Historic Preservation Projects Recognized

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NASA Lyndon B. Johnson Space Center, restored to its 1969 condition as the Apollo Mission Control Center, with meticulous period details including era-appropriate cigarette packages. HOUSTON – (Realty News Report) – Preservation Houston’s 2020 Good Brick Awards celebrate a diverse group of projects that span locations, architectural styles, eras and uses. The organization honored and … Read more

Senior Housing Occupancy Falls to Historic Low: What It Means

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HOUSTON – (By Dale King, Realty News Report) – Occupancy rates at senior housing facilities fell sharply in 2020 in Texas and nationwide, according to the Colliers 2020 Year-End Seniors Housing & Care Research & Forecast Report. Colliers said the senior housing industry “experienced devastating effects from the COVID-19 pandemic.” Occupancy at U.S. skilled nursing … Read more

Crescent Communities Sells Dallas Projects, Eyes Texas Expansion

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DALLAS – (Realty News Report) – Crescent Communities has sold two multifamily properties it developed in Dallas: NOVEL Bishop Arts and NOVEL Deep Ellum. The sales reflect Crescent Communities’ strategic expansion in the Dallas market, the Charlotte-based developer said in a press release. Houston-based Barvin acquired the 302-unit NOVEL Bishop Arts community. The seven-story NOVEL … Read more

Office Building Near NASA Sells to New Owner

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WEBSTER, Texas – (Realty News Report) – TRC Capital Partners, a Houston-based real estate firm, has acquired the Galaxy II office building located near NASA’s Johnson Space Center. Galaxy II, at 455 East Medical Center Blvd., is a 106,000-square-foot office property fully leased to tenants that include United Fire Group, IBI Group and APNetwork. TRC … Read more

Colvill Office Properties to Manage Leasing at Beltway Lakes III

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The Beltway Lakes III building in Northwest Houston was designed by Gensler. Colvill Office Properties will lease the building. HOUSTON – Radler Enterprises has selected Colvill Office Properties as the exclusive leasing agent for Beltway Lakes III, a nine-story office tower in the Beltway Lakes development at the intersection of Beltway 8 and Highway 249 … Read more

Texas, Florida, California Drive Record Foreign Real Estate Buying Spree

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NAR Chief Economist Lawrence Yun speaks at a news conference in 2015 . Photo by Ralph Bivins WASHINGTON – Foreign investment in U.S. residential real estate rose sharply over the past year, with activity concentrated in a few key states. According to the National Association of Realtors’ report, international buyers and recent immigrants purchased $153 … Read more