The York Centre has been sold. HOUSTON – Colliers International has announced the sale of York Centre, a 114,474-square-foot office building located at 10235 West Little York Road in Northwest Houston. The buyer, Interra York Centre, represented itself in the transaction. David Carter of Colliers International represented the seller. York Centre is a four-story, multi-tenant … Read more
HOUSTON – (Realty News Report) – NewQuest Properties has appointed Krystal Mutina, president of the Houston chapter of the International Council of Shopping Centers, as a vice president focusing on land and tenant representation. Mutina brings eight years of industry experience and joins NewQuest after serving as senior associate at Edge Realty Partners. Her career … Read more
Realty News Report editor Ralph Bivins overlooks the Las Vegas Strip from the High-Roller during the International Builders Show. LAS VEGAS – (By Ralph Bivins, Editor of Realty News Report) – Attendance at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas reached its highest level in a decade, drawing roughly … Read more
Meghann Martindale HOUSTON – (By Dale King, Realty News Report) – Structural shifts in the food-and-beverage industry — including the rapid rise of third-party meal-delivery services, increased adoption of in-store automation and continued growth of fast-casual concepts — are transforming both the U.S. restaurant landscape and the real estate those businesses occupy. A new report … Read more
HOUSTON – (People in Real Estate from Realty News Report) – Midway, the Houston-based real estate investment and development firm, announced several promotions and a new hire, said Jamie Bryant, Midway’s President and Chief Operating Officer. Lacee Jacobs and Robert Sigler have been appointed to Midway’s Leadership Team, joining the company’s senior executives in setting … Read more
HOUSTON – (Realty News Report) – Medistar Corp. will break ground this year on Horizon Tower, a 30-story, 485,000-square-foot life sciences building in the Texas Medical Center, JLL announced. Located at 6929 Main Street, Horizon Tower will be part of the $550 million Texas A&M Innovation Plaza, situated within Houston’s Texas Medical Center, a global … Read more
Ben Caballero HOUSTON – (Realty News Report) – The Texas housing market remained strong in October, with average new-home prices rising for the second month in a row, according to HomesUSA.com. Statewide, the average price of a new home increased to $357,547 in October from $355,821 in September. Dallas–Fort Worth leads the state with the … Read more
HOUSTON – (Realty News Report) – Younan Properties, a Los Angeles–based investor focused on Houston real estate, has acquired a 10-story office building on Westheimer Road, marking its second recent purchase in the city. “This is our second large acquisition in the Houston market in less than two months. We are highly active in the … Read more
KATY, Texas — (Realty News Report) — Venterra Realty has acquired the 324-unit Elation at Grandway West apartment community in Katy, west of Houston. Completed in 2020, the garden-style Elation at Grandway West was developed by InSite Realty and features contemporary finishes and landscaping typical of recently built suburban multifamily projects. The community sits on … Read more
Trey Odom HOUSTON – (Realty News Report) – Houston has emerged as a gateway market for investors, and its industrial real estate sector is especially strong as 2019 unfolds, Avera Companies’ Trey Odom told attendees at the annual BoyarMiller Real Estate Forum in Houston. “The fundamentals are solid: of the 11 million square feet built … Read more