Final commercial reserves in Shadow Creek Ranch. PEARLAND, Texas – Larkspur Shadow Creek LLC has purchased a parcel in the Shadow Creek Ranch community, south of Houston, to develop a senior living campus. The property, located near the northeast corner of Shadow Creek Ranch Parkway and Kingsley, represents one of the last commercial reserve tracts … Read more
Mark Woodroof HOUSTON – (Realty News Report) – Better Homes and Gardens Real Estate Gary Greene has completed a merger with Heritage Texas Properties, creating one of the largest residential real estate firms in the country. The combined Houston-based company now operates 24 offices with approximately 1,300 affiliated agents, placing it among the top 50 … Read more
HOUSTON – (RNR Real Estate Briefs) — NAI Partners arranged an 18,573-square-foot industrial lease for Modern Chemical, LLC, at 1103 East Airtex in Houston. NAI Partners’ Jon Silberman represented the tenant, while Travis Land, also with NAI Partners, represented the landlord. PEARLAND — Colliers International handled the sale of Pearland Premier Surgical Center, a 10,623-square-foot … Read more
HOUSTON – (Realty News Report) – East Houston has relatively few office buildings, but the ones that exist are largely occupied. This submarket sits along Interstate 10 East, close to working-class neighborhoods and within reasonable distance of the Houston Ship Channel. Submarket Occupancy Reaches 91.3 Percent Colliers designates this area as Houston’s I-10 East office … Read more
Branzino con Gnocchi al Limone served at Amalfi. HOUSTON – (By Michelle Leigh Smith) – Amalfi Ristorante Italiano & Bar draws a lively crowd each afternoon around 3 p.m., not only Italian businessmen but also fathers bringing their children after soccer and well-dressed women dining together. The menu features dishes such as Salmon Scozzese, Branzino … Read more
HOUSTON – (Realty News Report) – Fueled by historically low mortgage rates, Houston home sales surged in 2020 to a record high, finishing the year with a 10.5 percent increase over 2019. Instead of following the usual seasonal slowdown in November and December, sales accelerated as the year closed. The Houston Association of Realtors (HAR) … Read more
PHOENIX – (Realty News Report) – Hines has announced the structural topping out of Adeline, a new residential high-rise at the Collier Center in downtown Phoenix. Adeline rises 25 stories on a 1.46-acre site at 222 E. Jefferson Street and will include 75 studio, 179 one-bedroom, and 125 two-bedroom residences. Units will feature floor-to-ceiling windows … Read more
Stacy Hunt of Greystar addresses the Houston Apartment Association. (Photo credit Ralph Bivins, Realty News Report.) HOUSTON – (Realty News Report) – Despite early signs of economic softening, Houston’s apartment development market is projected to remain active throughout 2020, with developers accelerating construction and deliveries across the region. ApartmentData.com projects roughly 17,000 new apartment units … Read more
Mason Creek Business Center HOUSTON — An affiliate of Hillwood, the Dallas-based development firm led by Ross Perot Jr., has purchased the Mason Creek Business Center, a Class A industrial park in Houston’s Energy Corridor. The property totals 339,000 square feet and sits at the northeast corner of Interstate 10 and Mason Road, roughly one … Read more
Beechcrest Shopping Center. Photo credit: Mabry Campbell HOUSTON – (Realty News Report) – Wu Investments has purchased Beechcrest Shopping Center, an 89,679-square-foot retail complex anchored by a local grocery store in southwest Houston. The center occupies 7.17 acres at 10828 Beechnut Drive, near Wilcrest Street. HFF brokers Ryan West, John Indelli, Charles Strauss and Ethan … Read more