Houston Builder Expands Reach with Strategic Company Acquisition

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HOUSTON – (Realty News Report) – Partners In Building, a Houston-based custom home builder founded in 1986, has acquired Paul Taylor Homes, providing a substantial platform for immediate expansion into the Dallas-Fort Worth market. Partners In Building currently constructs more than 250 homes annually across Houston and Nashville and is known as one of the … Read more

Halliburton’s 49-Acre Westchase Campus Headed to Auction

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Halliburton campus will be sold in an auction. HOUSTON – Halliburton Co., one of the world’s largest oilfield service companies, has retained an auction firm to sell its 49-acre Oak Park campus in the Westchase District of west Houston. The public auction, managed by Williams & Williams, is scheduled for April 27 at 1:00 p.m. … Read more

Houston Office Vacancy Hits 22-Year High Amid Negative Absorption

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HOUSTON – Houston’s office market saw a sharp rise in vacancy during the first quarter, with negative net absorption totaling 789,000 square feet, according to a report from NAI Partners. In plain terms, more office space became available for lease since the start of the year, reversing hopes that the market had already stabilized. Several … Read more

Is This the Next Houston Growth Corridor? Land Deals Reveal Clues

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HOUSTON – (Realty News Report) – Two recent land transactions suggest a growing pattern: Highway 290 may be emerging as a major suburban growth corridor in 2021. Two Land Deals: ONE: HOUSTON — Reed Vestal and Taylor Schmidt of Lee & Associates – Houston represented 290 Betka, LLC in the acquisition of 265.63 acres at … Read more

Law Firm Signs Lease for Office Space at 1100 Louisiana Street

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The 1100 Louisiana building in downtown Houston was developed by Hines. HOUSTON – (Realty News Report) – King & Spalding LLP has renewed its long-term office lease at 1100 Louisiana, a Class A office tower in downtown Houston totaling 1,265,332 square feet. King & Spalding occupies multiple floors at 1100 Louisiana and has been a … Read more

New Spec Development Project Launches in Northwest Houston

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HOUSTON – (Realty News Report) – Cabot Properties has purchased 13 acres in Northwest Houston to develop a speculative industrial project. Stream Realty Partners has been engaged by Cabot to provide leasing, property management and development management services for the project, named Axis Northwest Distribution Center. Plans call for a 201,240-square-foot front-load distribution building on … Read more

Spaces Co-Working Signs 53,000 SF Lease at Post Oak Central

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Rendering of exterior terrace of Spaces planned co-working facility at Post Oak Central near Houston’s Galleria. HOUSTON – Spaces, an Amsterdam-based co-working operator, has leased 53,000 square feet at Post Oak Central for a new co-working center on Post Oak Boulevard, just north of the Galleria. The company will occupy the first three floors of … Read more

Historic Taco Bell Location Sells: One of the Nation’s Earliest Buildings

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One of the earliest Taco Bell-style buildings in the United States has a new owner. The structure, which operated more recently as Roadster Grill, sits at the corner of Bissonnet and Bellaire Boulevard in Bellaire, Texas. Photo by Ralph Bivins of Realty News Report, 2017. BELLAIRE, Texas — A historic restaurant building that originally housed … Read more

Chicago Construction Firm Begins Houston Project

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MISSOURI CITY – (Realty News Report) – Logistics Property Co., a Chicago-based developer, has begun construction on a 151,200-square-foot warehouse at CityPark Logistics Center, a 98-acre industrial site that is poised for significant future development. The firm is also designing a new 215,000-square-foot building at CityPark that is expected to begin speculative construction in 2023 … Read more

NAI Partners Chosen to Lease Major Energy Corridor Development by Third Palm

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Republic Square, an Energy Corridor redevelopment of the former Exxon Chemical campus, is being leased by NAI Partners. HOUSTON – Third Palm Capital has appointed NAI Partners to handle leasing for Republic Square, a prominent Energy Corridor property next to Terry Hershey Park that sustained significant damage during Hurricane Harvey in 2017. The property features … Read more