The Hogg Palace Lofts, an eight-story building at the corner of Louisiana and Preston in downtown Houston. HOUSTON — Kline Properties, an Austin-based real estate firm, has acquired the historic Hogg Palace Lofts, an eight-story mixed-use property at 401 Louisiana Street in downtown Houston. The seller, Randall Davis Company, was represented by JLL brokers Chip … Read more
ZXP Technologies leased 89,000 SF in Baytown. HOUSTON – (Realty News Report) – Avison Young arranged a lease for 89,445 square feet of industrial space for ZXP Technologies at 2700 East Freeway in Baytown, on Houston’s east side. Avison Young principal Bob Berry and vice president Grant Hortenstine represented ZXP Technologies, while JLL represented the … Read more
HOUSTON – (By Dale King, Realty News Report) – Houston’s master-planned communities dominated the national rankings in 2020, with eight Houston-area developments placing among the nation’s top 50 home-selling neighborhoods, according to RCLCO Real Estate Advisors. RCLCO’s annual survey ranks the top 50 master-planned communities nationwide by new home sales. In 2020, residential projects in … Read more
Charles Neuhaus, principal, Avison Young’s Houston office. HOUSTON – (By Dale King) – A Toronto-based commercial real estate services firm warns that many public and private companies will need to make significant adjustments to their balance sheets and income statements as new lease accounting standards take effect. The changes, which require companies to recognize most … Read more
Economist Mark Dotzour and Jon Silberman of NAI Partners at the firm’s Texas Economic Outlook. HOUSTON – (By Michelle Leigh Smith) – Houston has proven to be resilient and determined in the face of adversity, according to economist Dr. Mark G. Dotzour. Dotzour, the keynote speaker at NAI Partners’ recent Texas Economic Outlook event, lauded … Read more
The Merus Grill in Uptown will serve a double-bone pork chop. HOUSTON – (Realty News Report) – Merus Grill, a new dining concept from the upscale J. Alexander’s Holdings group, is opening in the Uptown Park center in the Galleria area. The 200-seat, 7,900-square-foot restaurant is scheduled to open on Nov. 18 and will feature … Read more
Jon Silberman HOUSTON – (Realty News Report) – Houston real estate executive Jon Silberman has organized the Houston Coronavirus Business Group to advocate for a measured reopening of business activity. The group is petitioning Texas officials to permit businesses to resume operations — with appropriate restrictions and precautions — beginning May 1. The current stay-at-home … Read more
HOUSTON – (Realty News Report) – Most sectors of Houston’s commercial real estate market remain relatively healthy, though the office sector is likely to take longer to recover, according to Colliers International. The combined effects of the pandemic and pressures on the energy industry led to the loss of about 140,000 jobs in Houston, contributing … Read more
William R. Franks HOUSTON – (Realty News Report) – Long before historic preservation became fashionable, William R. Franks, president of William R. Franks Real Estate, resisted the wave of demolition. Instead of tearing down Houston’s older structures, Franks has consistently sought ways to give them new life. His projects blend the city’s history with modern … Read more
HOUSTON — (RNR) — Colliers International announced its Design & Construction Advisory Services (DCAS) team was selected to manage a 21,578-square-foot industrial build-out for Transcat Inc., which will relocate and expand its operations to 16155 Park Row Drive in Houston. The landlord, AK Leasehold I, LLC, was represented by Jude Filippone of Transwestern. The tenant … Read more