HOUSTON — (By Dale King, Realty News Report) — Many U.S. housing markets are currently priced above what historical norms would suggest, yet national home prices continue to climb, according to research by real estate professors at Florida Atlantic University and Florida International University. In a report released by FAU’s Ken H. Johnson and FIU’s … Read more

Greenspoint apartments sold. HOUSTON – Clear Sky Capital of Phoenix has purchased the 192-unit North Park Apartments, located at 90 Northpoint Drive in the Greenspoint neighborhood. The property sits just south of Beltway 8 and east of Interstate 45, a short distance south of the Greenspoint Mall, in a well-established Houston submarket. Financing for the … Read more

Port 10 Logistics Center, a 3 million SF project near the Port of Houston, is under development. HOUSTON – Houston-based Pontikes Development will break ground on Port 10 Logistics Center, a rail-served industrial complex that will provide 3 million square feet of warehouse and distribution space along Interstate 10, near the Houston Ship Channel. The … Read more

HOUSTON – Deugro (USA) Inc. has signed an office lease for 16,625 square feet at 480 Wildwood Forest Drive in The Woodlands to relocate its corporate headquarters. Steve Rocher and Jason Presley of CBRE represented the landlord, GeoSouthern Budde RD, LLC. Weldon Martin of CBRE Houston represented the tenant. NewQuest Properties has acquired five acres … Read more

ATHENS – (Realty News Report) – Hines, the Houston-based international real estate firm, together with Henderson Park, a London-based private equity real estate manager, has acquired a portfolio of five hotels on the Greek island of Crete, a leading Mediterranean tourist destination. The portfolio totals 1,094 rooms across 721,182 square feet and consists of five … Read more

HOUSTON – (Realty News Report) – The Avera Companies, a Houston-based commercial real estate development, construction, and investment firm, has signed a major restaurant supply company as the tenant for its Cedar Port Logistics development. The lease covers 643,940 square feet, making it one of the largest industrial real estate transactions completed in the Houston … Read more

  John Mooz, Mr. Gerald Hines, architect Jon Pickard and Jeff Hines at the grand opening of the Hines tower at 609 Main at Texas Wednesday night. HOUSTON – At 91, Gerald D. Hines celebrated the opening of his striking new skyscraper this week. Rising 48 stories above Main Street and crowned with a distinctive … Read more

The 1100 Louisiana building in downtown Houston was developed by Hines. HOUSTON – (Realty News Report) – Colvill Office Properties announced two new leases at the 1100 Louisiana building in downtown Houston. Chip Colvill and Paula Bruns of Colvill Office Properties represented the building’s ownership in both transactions. Paloma Resources, LLC signed a lease for … Read more

The 609 Main at Texas building was designed by Pickard Chilton. HOUSTON – EnVen Energy Corp. has signed an 11-year lease for 57,139 square feet at 609 Main at Texas, a 48-story, 1,073,075-square-foot office tower in downtown Houston. The independent oil and natural gas company, which focuses on deepwater assets in the Gulf of Mexico, … Read more

Rendering of a public building at The Woodlands Hills, a new 2,000-acre community under development north of Houston. CONROE, Texas — Howard Hughes Corporation, the developer behind The Woodlands master-planned community, has unveiled plans for The Woodlands Hills, a new 2,000-acre residential neighborhood located roughly 13 miles north of The Woodlands. The Woodlands Hills is … Read more