A Bank of America branch in the Houston area has been purchased by a REIT. Photo credit: Mabry Campbell. HOUSTON – NADG NNN REIT, an investment company specializing in free‑standing retail buildings and outparcels in shopping centers, has acquired a Bank of America branch located on the Katy Freeway in Houston. Holliday Fenoglio Fowler (HFF) … Read more
Photo credit: Mark Hiebert Photography HOUSTON — (By Dale King, Realty News Report) — New Hope Housing’s newest single room occupancy (SRO) community in Houston is an impressive addition to the city’s affordable housing landscape. Inside the building, units feature bright white walls, modern fixtures, comfortable furnishings and thoughtful touches. The development includes dedicated spaces … Read more
Sue Rogers of Cresa HOUSTON – (Realty News Report) – Anchor Workspace has leased 17,600 square feet in the 20 Greenway Plaza building for a new coworking facility. Anchor Workspace was represented by Cresa principals Sue Rogers and Steven Heal. The landlord’s team from CBRE included Marilyn Guion, Steve Rocher and Trey Comiskey. Anchor Workspace … Read more
Greenway Plaza is located near the Southwest Freeway. HOUSTON — An eight-level parking garage that will add 600 parking spaces is planned adjacent to the 34-story Phoenix Tower in Greenway Plaza, located near the Southwest Freeway at Buffalo Speedway. Parkway Property Investments, LLC, the operator of Greenway Plaza, has announced that construction is scheduled to … Read more
McDermott leased the 18-story Energy Center Five building in the Energy Corridor on the west side of Houston. HOUSTON – McDermott International Inc. has signed a 524,323-square-foot lease for the entire Energy Center Five, an 18-story office tower in Houston’s Energy Corridor. The building will become McDermott’s new corporate headquarters, consolidating roughly 1,700 employees from … Read more
GALVESTON – (Realty News Report) – Wan Bridge, a Texas-based developer specializing in build-to-rent single-family communities, is moving forward with Palm Bay Galveston. Palm Bay Galveston will include 94 detached single-family homes in the neighborhood’s primary section. The residences will reflect a signature island aesthetic created by Wan Bridge’s in-house design team, drawing inspiration from … Read more
SPRING, Texas – (Realty News Report) – Toll Brothers and Trendmaker Homes, a TRI Pointe company, have acquired approximately 940 acres to expand the Woodson’s Reserve master-planned community on Houston’s north side. Acquired earlier this month, the new land will add hundreds of residential lots as well as significant acreage dedicated to recreation and community … Read more
HOUSTON – (Realty News Report) – X Company has broken ground on X Houston, a 33-story co-living community offering extensive amenities in the Museum District. Hoar Construction is serving as general contractor and expects to complete the 750,000-square-foot development in the third quarter of 2024. Designed for young professionals, the 475-unit X Houston sits just … Read more
The design of Heritage Plaza was inspired by a Mayan temple. HOUSTON – (Realty News Report) – Deloitte has renewed its lease at Heritage Plaza in downtown Houston, according to building owner Brookfield Properties. The accounting firm had been a significant tenant to watch in the downtown market. Last year, Deloitte was reported as a … Read more
HOUSTON – (Realty News Report) – August 2020 set a new record as the strongest August for home sales in Houston history, and momentum in the market appears likely to continue. The Houston Association of Realtors reported 9,195 single-family homes sold in August 2020, a 6 percent increase from the 8,673 homes sold in August … Read more