HOUSTON – (Realty News Report) – Millennials are buying homes — or at least trying to. Over the next two years, more members of this generation will reach age 32, the typical peak age for first-time homebuyers, than ever before, according to a recent Zillow report. “As millennials go, so goes the housing market,” said … Read more
HOUSTON – (Realty News Report) – A new office development is set to rise within the 15,000-acre TGS Cedar Port Industrial Park, marking the first dedicated office project inside the sprawling industrial complex east of Houston. Developers note that Cedar Port is the largest master-planned, rail-and-barge-served industrial park in the United States, with roughly 11,000 … Read more
RNR Real Estate Briefs from Realty News Report – HOUSTON – Universal Fidelity has renewed its 14,092-square-foot office lease at 1904 W. Grand Parkway N. in Houston. Ryan Hartsell with Oxford Partners represented the tenant, while Parker Burkett of Transwestern represented the landlord, 1904 Grand Parkway North, LP. HITCHCOCK, Texas – Cove Matrix Development is … Read more
The 1700 West Loop South building in Houston was acquired in 2017 by Lingerfelt CommonWealth Partners. HOUSTON – (Realty News Report) – Burns & McDonnell, a multidisciplinary engineering, architecture and construction firm, has expanded its lease at 1700 West Loop South. The lease enlargement enables the company to hire up to 300 additional employees by … Read more
The Eighteen 25 apartment community is opening in downtown Houston. Design: Meeks + Partners. HOUSTON – Construction is nearing completion on Eighteen25, a new apartment development by Allied Orion Group located in downtown Houston. Designed by Houston-based Meeks + Partners, the building consists of eight residential floors sitting above three levels of parking. The site … Read more
HOUSTON – (Realty News Report) – Interra Capital Group acquired the historic Esperson buildings at a foreclosure sale on Tuesday. The twin properties, celebrated examples of early 20th-century architecture in downtown Houston, changed hands after a foreclosure action initiated by lender MetLife. The properties had been owned for more than a decade by an affiliate … Read more
The Houston Endowment acquired 1.6 acres near Buffalo Bayou west of downtown. Boundary of property outlined in red. HOUSTON – (Realty News Report) – Four finalist teams have been chosen in the international design competition to produce a new headquarters for the Houston Endowment, the city’s philanthropic foundation. Funding and the site for the roughly … Read more
HOUSTON – (By Dale King, Realty News Report) – The global effort to overcome the coronavirus pandemic has accelerated growth and interest in the U.S. life-sciences industry. This momentum has been driven largely by the urgent race to develop COVID-19 treatments and vaccines, alongside continued work to address other health conditions. That expansion has strengthened … Read more
The Quad project is under development in Uptown Dallas. DALLAS – (Realty News Report) – Stream Realty Partners is developing a 500,000-square-foot mixed-use project on a four-acre site along Howell Street in Uptown Dallas. The development, named The Quad, will include a new 12-story office building offering 335,000 square feet of creative office space. The … Read more
HOUSTON – (Realty News Report) – Lexington Realty Trust has acquired a newly constructed, fully leased, three-building Class A industrial portfolio totaling 738,701 square feet near the Port of Houston, located in Pasadena and Deer Park. JLL Capital Markets marketed the portfolio on behalf of the seller, Triten Real Estate Partners. The 44.6-acre portfolio includes … Read more