HOUSTON – (Realty News Report) – Construction is now underway on Heritage Senior Residences, a new senior living community taking shape in the Washington Avenue corridor, one of Houston’s most active apartment markets. The 135-unit mixed-income development is a partnership between the City of Houston’s Housing and Community Development Department and an affiliate of Atlantic … Read more

RNR Real Estate Briefs from Realty News Report – HOUSTON – Luby’s, which is selling its assets to benefit shareholders, has completed the previously announced sale of 26 real estate properties to STORE Capital for $88 million. CONROE, Texas – Marcel Boulevard, a new shopping, dining and office destination within the master-planned Grand Central Park … Read more

Rendering of 66-story 6 X Guadalupe, a mixed-use office/residential tower underway in downtown Austin. Architecture: Gensler. AUSTIN – Construction has begun on Austin’s tallest tower: a 66-story mixed-use building in downtown that will include office, residential and retail space. A joint development by Kairoi Residential of San Antonio and Dallas-based Lincoln Property Company, the project … Read more

Killen’s acquired a building in The Woodlands. HOUSTON – Killen’s Steakhouse has purchased a previously closed restaurant property in The Woodlands and plans to reopen it under the Killen’s name this spring. The new location, at 1700 Research Dr. in Shenandoah, is an 8,500-square-foot, turn-key restaurant on a 2.35-acre site developed in 2013. Located on … Read more

1177 West Loop South Hicks Ventures and Taconic Capital Acquire 1177 West Loop South in Houston HOUSTON — A joint venture between Hicks Ventures and Taconic Capital Advisors has acquired 1177 West Loop South, an 18-story office tower located on Loop 610 near Memorial Park and the Galleria. The transaction adds a prominent property to … Read more

Sanford Criner HOUSTON – New Hope Housing, the state’s leading provider of permanent, affordable and supportive housing for people who have experienced homelessness or are at risk of becoming homeless, has appointed a new chairman of its board of directors. Sanford Criner, vice chairman of Global Corporate Services at CBRE, has been named executive chairman … Read more

HOUSTON – (Realty News Report) – Construction has reached the topping-out milestone on a nine-story expansion to Memorial Hermann The Woodlands Medical Center. The multi-year project broke ground in early 2020 and is scheduled to open as a patient-ready Level II trauma center by spring 2022. The Woodlands, developed by Howard Hughes Corp., is a … Read more

Ziegler Cooper Architects designed a residential tower that will be constructed in downtown Houston by Camden Property Trust. HOUSTON – Developers are poised to begin another wave of high-rise apartment construction in downtown Houston, even as vacancy rates have climbed with hundreds of new units coming online. Two significant projects are scheduled to start soon: … Read more

One Shell Plaza tower wins International TOBY Award from BOMA. HOUSTON – One Shell Plaza, the first downtown skyscraper developed by Gerald D. Hines, received an International TOBY Award (The Outstanding Building of the Year) at the 2017 Building Owners and Managers Association (BOMA) International Conference & Expo held in Nashville, Tennessee. The 50-story tower, … Read more

Rendering of 24 Hour Fitness to be built near Exxon Mobil campus north of Houston. HOUSTON – A joint venture of Patrinely Group, USAA Real Estate and CDC Houston has announced that 24 Hour Fitness has signed a long-term lease at CityPlace at Springwoods Village in north Harris County. “24 Hour Fitness is exactly the … Read more