HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Martha Turner, an East Texas schoolteacher who founded a Houston real estate brokerage that grew into a leading name in the luxury residential market, has died. Turner’s career began modestly in Hemphill, Texas, where she sold World Book Encyclopedias door to door. Those early sales … Read more

Michael Scheurich, CEO of Arch-Con Dallas – By Dale King – Just over a year ago, Arch-Con Construction, a design-build general contractor founded in Houston nearly two decades ago, opened a new office in Dallas. Since then, the firm has completed several projects, started many more, quadrupled its staff and promoted internal leaders, said founder … Read more

HOUSTON – (Realty News Report) – An affiliate of Equus Capital Partners, Ltd. has acquired The Parkway on Westlake, a 320-unit apartment community near Lake Houston in northeast Houston, for $53,250,000. Houston multifamily developer Martin Fein Interests sold the property. Fein developed the 320-unit project on an 18-acre site along West Lake Houston Parkway, adjacent … Read more

Shops at Chisholm Trail FORT WORTH – Arch-Con Corporation is developing the Shops at Chisholm Trail, a 35-acre retail project for StreetLevel Investments. The 215,000-square-foot power center, which will include a 40,000-square-foot movie theater, is located at the corner of Chisholm Trail Parkway and McPherson Boulevard in southwest Fort Worth. Situated in a rapidly growing … Read more

This Houston retail center has been sold. HOUSTON – (Realty News Report) – JVC Capital has purchased the Chimney Rock Bellaire shopping center located at the northwest corner of Bellaire Boulevard and Chimney Rock Road. NewQuest Properties’ Investment Sales Group announced the closing of the sale of the nearly fully leased Chimney Rock Bellaire Shopping … Read more

HOUSTON – (By Dale King, Realty News Report) – Single-family rental rates have surged nationwide. In June 2021, single-family rents rose at the fastest pace seen since 2005. CoreLogic, a global provider of property information, analytics and data-enabled solutions, reports that its Single-Family Rent Index (SFRI) for June 2021 recorded a national rent increase of … Read more

HOUSTON – (By Dale King, Realty News Report) — The coronavirus pandemic is reshaping homebuyer priorities and accelerating migration away from dense urban centers across the United States. Many buyers are reassessing where they want to live, favoring locations that offer more space, better affordability and room for home offices as they respond to health … Read more

HOUSTON – (Realty News Report) – Trammell Crow Company and joint-venture partner Clarion Partners LLC have begun construction on a 255,704-square-foot industrial building in northwest Houston, named Seton Lake Logistics Center. The project site is located on Highway 249 at Seton Lake Drive, one mile south of the Beltway 8/Highway 249 interchange, in the core … Read more

Concrete was poured over the weekend for the 47-story Texas Tower in downtown Houston. Copyright photo: Ralph Bivins, Realty News Report 2019 HOUSTON – (By Ralph Bivins, Realty News Report) – Over the weekend, a steady stream of concrete trucks poured the foundation for Houston’s next skyscraper: Texas Tower, a 47-story Class AA office building … Read more

HOUSTON – (Realty News Report) – A division of MVL Group has acquired the Republic Building, an eight-story, 19,850-square-foot office property located directly across from the Harris County Courthouse in downtown Houston. The historic structure at 1018 Preston Street at Fannin was constructed around 1907 and has played an important role in the city’s legal … Read more