Oil and Gas Consulting Firm Signs Lease for Downtown Houston Office

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Fulbright Tower, a 51-story building in downtown Houston. Photo: Brookfield Properties HOUSTON – (Realty News Report) – Netherland, Sewell & Associates has renewed its lease at Fulbright Tower, the Class A office building at 1301 McKinney Street in downtown Houston. Netherland, Sewell & Associates, an oil and gas consulting firm, renewed space totaling 25,543 square … Read more

Home Builders Struggle as Supply Chain Delays Drive Up Costs

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HOUSTON – (By Ken Pinto for Realty News Report) – As home sales across Texas and the nation continue to outpace the homebuilding industry’s capacity, demand has produced severe bottlenecks throughout the construction supply chain. These disruptions have driven material costs sharply higher, reduced availability, and lengthened delivery times. According to the National Association of … Read more

Governor Martin O’Malley to Speak at Rice Kinder Urban Forum in Houston

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Gov. Martin O’Malley and Texas-based Realty News Report Editor Ralph Bivins at the Green Builder Sustainability Symposium in Orlando in January 2017. HOUSTON — Martin O’Malley, who campaigned for the Democratic presidential nomination last year, will speak in Houston next week at a forum hosted by the Kinder Institute for Urban Research at Rice University. … Read more

Clay Distribution Center Breaks Ground in Cedar Port Business Park

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Rendering of the new Clay Development project to be built in Cedar Port. HOUSTON – Clay Development & Construction Inc., led by Robert Clay, is constructing a 349,440-square-foot, rail-served distribution facility in the Cedar Port Business Park on Houston’s east side. The site sits just east of FM 1405, within easy reach of the Port … Read more

Patrinely Signs Lease at New Downtown Skyscraper

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DENVER – (Realty News Report) – A new 30-story office tower in downtown Denver has signed its first tenant. The building, developed by a joint venture between Houston-based Patrinely Group and USAA Real Estate, has leased a major portion of its space to a prominent local law firm. Sherman & Howard L.L.C., a Denver-based law … Read more

Houston Firm Begins Construction on New Permian Basin Office

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ODESSA, Texas – Archway Properties has begun construction on a 28,222-square-foot build-to-suit office and industrial facility for TEAM Inc., a Sugar Land-based industrial services firm establishing a permanent presence in the Permian Basin of West Texas. The single-story office/warehouse will be built on a 5.2-acre site at 196 Allen Brown Rd. in Leeco Industrial Park, … Read more

Menninger Psychiatric Hospital Expands with Houston Outpatient Facility

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HOUSTON – (Realty News Report) – The Menninger Clinic is constructing a 33,000-square-foot Outpatient Services Center on its 50-acre campus along Highway 90, a few miles south of the Texas Medical Center. The Houston-based, nationally recognized nonprofit psychiatric hospital plans to break ground on the new facility in November. Mental Health During the Pandemic “Our … Read more

Prime Coca-Cola Plant Site on Bissonnet St. Listed for Sale After 68 Years

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Coca-Cola property on Bissonnet. Photo Credit: Ralph Bivins HOUSTON – The Coca-Cola facility on Bissonnet Street, one of the most valuable infill sites inside Houston’s Inner Loop, has been listed for sale. CBRE brokers Brendan Lynch and Darin Gosda are representing the landowner, Coca-Cola Southwest Beverages, a division of Arca Continental, in marketing the 15.57-acre … Read more