Brookshire Distribution Center: Construction and Timeline Update

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BROOKSHIRE, Texas – Realty 1 Partners, a Richmond, Texas–based real estate development firm, has broken ground on a new industrial distribution project on Houston’s west side in Brookshire. Named Point West Distribution Center, the facility is scheduled to be ready for occupancy in the fourth quarter of 2021. Realty 1 Partners has appointed Boyd Commercial, … Read more

Bridgeway Capital Signs Lease for Space in Former Innova Building

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The former Innova Building at 20 Greenway Plaza in Houston. HOUSTON — Bridgeway Capital Management has leased 14,256 square feet in the 20 Greenway Plaza office building located inside Houston’s Inner Loop. NAI Partners broker Griff Bandy represented Bridgeway Capital Management in the transaction. The landlord, 20 Greenway Plaza LLC, was represented by Steve Rocher … Read more

ULI Names Eight New Members to Americas Executive Committee

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WASHINGTON – Eight prominent real estate leaders have joined the Americas Executive Committee (AEC) of the Urban Land Institute (ULI), a global membership organization devoted to responsible land use and to creating and sustaining vibrant, resilient communities. The AEC advises on strategic priorities for ULI’s programs across the Americas, serving nearly 40,000 members in the … Read more

Drayton McLane Company Leases Houston Distribution Facility

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Drayton McLane HOUSTON – McLane Group International, the company owned by former Houston Astros owner Drayton McLane, has signed a lease for 159,785 square feet at the Interstate Commerce Center located at 1902 Cypress Station Drive in Houston. CBRE broker Patrick Rollins represented McLane Group International, LP in the lease negotiations. The landlord, Hillwood Investment … Read more

Henry S. Miller III Returns to Lead Henry S. Miller Real Estate Firm

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Henry S Miller III DALLAS – Henry S. Miller III has returned to the Dallas-based commercial real estate firm founded in 1914 by his grandfather, Henry S. Miller Sr. He has been appointed Managing Director of Mixed-Use Development and Executive Vice President of the firm. (Note: Mr. Miller does not use a period after his … Read more

NAI Partners Expands Texas Brokerage Team Amid Pandemic

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Travis Rodgers HOUSTON – (Realty News Report) – NAI Partners, the fifth-largest commercial real estate brokerage in Houston, is expanding its brokerage team across its Texas offices as it navigates the challenges of the COVID-19 pandemic, the Houston-based company announced. NAI Partners stated it “is successfully navigating the headwinds of the COVID-19 pandemic with its … Read more

Top 10 Challenges Shaping Today’s Real Estate Market

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CHICAGO – (Realty News Report) – As the COVID-19 pandemic continues to reshape daily life, many city residents are reconsidering urban living. Real estate experts say concerns about crowded public transit, congested sidewalks, and heightened health risks have driven a noticeable interest in less dense living environments. A recent survey conducted by the Counselors of … Read more

Houston’s Soul Restored: The Astrodome’s Grand Rebirth

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Ralph Bivins HOUSTON – (Commentary By Ralph Bivins, Realty News Report) – The Astrodome, an engineering milestone that captures Houston’s can-do spirit, stands as an emblem of the city’s identity. Demonstrating decisive leadership, Harris County officials voted Tuesday to allocate funds to restore the structure and give it new purpose. The world’s first air-conditioned domed … Read more

Camden Purchases 552-Unit Apartment Portfolio From Fein

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Ric Campo HOUSTON – (Realty News Report) – Camden Property Trust has purchased a 552-unit multifamily development inside the Inner Loop from the Martin Fein organization. Fein developed the community and completed construction in 2015 on a site west of Weslayan Street, between Richmond Avenue and West Alabama near Las Palmas Street. Previously operated as … Read more

Wet Sounds Begins Construction on New Houston-Area Audio Facility

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ROSENBERG, Texas – (Realty News Report) – Wet Sounds, a manufacturer of high-performance marine and powersports audio systems, has announced plans to build a new facility in Rosenberg. The project will create 118,386 square feet of combined warehouse, fabrication and office space. Designed and to be built by Houston-based KDW, the new Wet Sounds facility … Read more