HOUSTON – (Realty News Report) – Hermann Park is getting a dedicated dog park as part of a new master plan developed by the Hermann Park Conservancy and the Houston Parks and Recreation Department, with landscape architecture by Michael Van Valkenburgh Associates Inc. Officials and several canine “ambassadors” broke ground Tuesday on the McWilliams Dog … Read more

An affiliate of Gearing Capital Partners of Dallas acquired a 137,000-SF office building at 16001 Park Ten in the Energy Corridor. HOUSTON — An investment group affiliated with Gearing Capital Partners, based in Dallas, has purchased a 137,000-square-foot office building located at 16001 Park Ten in Houston’s Energy Corridor. The property is currently fully vacant … Read more

HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Houston and residents affected by recent hurricanes can expect significant tax relief and substantial federal funding to support ongoing recovery efforts, officials announced. On Friday afternoon at Houston City Hall, U.S. Sen. Ted Cruz and Mayor Sylvester Turner provided an update on recovery plans and … Read more

HOUSTON – (Realty News Report) – Banyan Residential has acquired the 375-unit Lofts at the Ballpark, an apartment community located near Minute Maid Park, home of the Houston Astros. Los Angeles-based Banyan Residential completed the purchase alongside financial partner Marble Capital, a Houston-based firm founded by multifamily industry professionals. The four-story property at 610 Saint … Read more

HOUSTON – (Realty News Report) – Caldwell, a Houston-based development firm, has begun construction on The Highlands, a 2,300-acre master-planned community that will eventually include approximately 4,000 homes. The Highlands is located in southern Montgomery County, roughly midway between Interstate 45 and U.S. 59. Caldwell aims to create the atmosphere of a national park, featuring … Read more

ATHENS, Greece – (Realty News Report) – A Hines partnership has acquired a 17.5-acre site in Voula, Athens, where it plans to develop a residential community of approximately 400 for-sale units. Hines, the Houston-based global real estate firm, is undertaking the project in partnership with Henderson Park, a European real estate investment platform. The development … Read more

The Hub food hall in Three Greenway Plaza. HOUSTON – Occidental Petroleum has signed a lease for 91,986 square feet at Three Greenway Plaza, confirming its decision to maintain headquarters operations within the Greenway Plaza campus after months of industry speculation. This latest lease brings Occidental’s U.S. headquarters footprint at Greenway Plaza to more than … Read more

HOUSTON – (Realty News Report) – Houston developer i3 has broken ground on a new cold storage facility in Pasadena, Colliers reported. Houston Meat Distributors Is First Tenant Houston Meat Distributors has preleased 62 percent of the first-phase building. Colliers noted that 42,000 square feet remain available in Building 1. A second standalone cold storage … Read more

Rendering of the proposed CityCentre Six building in West Houston. HOUSTON – (Realty News Report) – Midway Companies has advanced the proposed CityCentre Six office tower to the forefront of its construction priorities within the CityCentre mixed-use development in west Houston. The 16-story CityCentre Six project represents the next phase for the mixed-use complex that … Read more

Chip Colvill HOUSTON – (Realty News Report) – Houston faces an abundance of office space, with more than 50 million square feet currently vacant. Most analysts place the overall office vacancy rate above 21 percent, while the Energy Corridor exceeds 30 percent. Downtown also shows elevated vacancy. How are building owners responding to keep their … Read more