SMU Plano campus. Photo NKF PLANO, Texas – Trammell Crow Company has purchased the 16-acre SMU campus in Plano for future development. Newmark Knight Frank (NKF) represented Southern Methodist University in the sale of the SMU-in-Plano campus, which consists of four buildings on a 16-acre site at 5228–5236 Tennyson Parkway in Plano. SMU-in-Plano is a … Read more
Patrick Jankowski HOUSTON – (By Michelle Leigh Smith, Realty News Report) – Patrick Jankowski, Senior Vice President of Research and Regional Economist at the Greater Houston Partnership, says he is cautiously optimistic about Houston’s economy heading into 2018. “I’m more excited about 2018 than I was about 2017,” Jankowski said in a luncheon address. “We … Read more
TOMBALL, Texas – (Realty News Report) – The former corporate headquarters of BJ Services, a site encompassing 70 acres and multiple buildings, has been acquired by the Tomball Independent School District for use as an elementary school and other educational facilities. The Class A office and industrial campus sits just east of the expanded SH … Read more
The Champion Woods project has been sold. HOUSTON — (Realty News Report) — Haven Realty Capital, a Los Angeles–based investment firm, has acquired Champions Woods Apartments, a 186‑unit garden‑style multifamily community located in Northwest Houston. Located at 6830 Champions Plaza Drive near the intersection of Highway 249 and FM 1960, near Willowbrook Mall, Champions Woods … Read more
Advenir, one of the most active investors in the Houston-area Class B apartment market, purchased this property in Lake Charles, Louisiana. HOUSTON – Miami-based Advenir Inc., a prominent multifamily investor active across southeast Texas, has acquired a residential project in Lake Charles, Louisiana, near the Texas–Louisiana border. Lake Charles, situated about three hours west of … Read more
HOUSTON – (Realty News Report) – Nitya Capital, a Houston-based real estate firm led by Swapnil Agarwal, has acquired the One Westchase Center office tower in West Houston. The 466,000-square-foot building at 10777 Westheimer is located just west of the Sam Houston Tollway. Nitya Capital previously built its reputation primarily as a multifamily investor focused … Read more
RNR Real Estate Briefs from Realty News Report HOUSTON – Realterm has acquired a 200,400-square-foot final-mile Amazon warehouse at 3031 S. Sam Houston Parkway, near Highway 288. Built in 2020, the facility sits on a 36.6-acre site. “Houston has one of the strongest industrial markets in the nation with increasing demand from e-commerce and consumer … Read more
ROSENBERG, Texas – Biotics Research Corp., a manufacturer of nutritional supplements, is building a new corporate headquarters, research center, warehouse, and distribution facility in the City of Rosenberg. The new 87,569-square-foot building will be located in the Rosenberg Business Park, according to the Fort Bend Economic Development Council and the City of Rosenberg. Situated about … Read more
2001 Timberloch Place in The Woodlands HOUSTON — WorkSuites Expands Houston Presence WorkSuites, the co-working brand formerly known as Meridian Business Centers, is expanding its footprint in the Houston market. The company has signed two significant leases in the region as it continues to grow its network of flexible office locations. New Lease at 2001 … Read more
The St. Joseph Professional Building has been purchased by Boxer Property. HOUSTON – Boxer Property CEO Andrew Segal, a prominent figure in Houston real estate investment, has made a strategic move on property near the Pierce Elevated, a downtown freeway scheduled for removal. Boxer recently purchased the 136,000-square-foot St. Joseph Professional Building, located roughly 100 … Read more