Austin’s Second Street is home to the Austin City Limits Live theater and the W Hotel, which are being acquired by the Ryman organization. Copyright 2019 Photo by Ralph Bivins of Realty News Report. (Copyright enforced. Use of photo requires written permission.) AUSTIN – (Realty News Report) Nashville-based Ryman Hospitality Properties, the company that owns … Read more

AUSTIN – The number of craft breweries in Texas has surged dramatically over the past decade-plus, increasing 990 percent from 20 breweries in 2005 to 218 in 2017, according to research by CBRE. The primary driver behind this expansion has been microbreweries, which expanded nearly 5,000 percent—from just three in 2005 to 152 in 2017. … Read more

HOUSTON – (Realty News Report) – In one of Houston’s largest post‑Covid office moves, JPMorgan Chase has completed its relocation into the tallest tower in Texas. More than 1,700 employees—primarily technologists forming the bank’s Houston Technology Center—now occupy approximately 250,000 square feet across 12 floors of the 75‑story JPMorgan Chase Tower at 600 Travis Street. … Read more

John Daugherty HOUSTON – (By Michelle Leigh Smith for Realty News Report) – The Houston Association of Realtors reported 8,097 single-family homes sold in June as the Houston housing market continued to outperform last year’s record sales. On a year-to-date basis, single-family home sales remain 1.4 percent ahead of 2018’s record pace. “June was a … Read more

Fuller Realty Partners acquired the Westchase Place building in West Houston. Photo: JLL HOUSTON – An affiliate of Fuller Realty Partners has purchased Westchase Place, a Class A, six-story office building at 11200 Richmond Avenue in Houston’s Westchase District. JLL brokers Rudy Hubbard, Kevin McConn and Rick Goings represented the seller, CAPSTAR Real Estate Advisors. … Read more

The 5 Greenway Plaza building has 806,000 SF of sublease space, more than any other building in Houston. HOUSTON – (Realty News Report) – Over the next 12 months, owners of several Houston office buildings will regain 43 full floors of space as existing sublease agreements expire, according to a recent Colliers International report. Citywide, … Read more

RNR Real Estate Briefs from Realty News Report – HOUSTON – Evergreen Commercial Realty has been named the retail leasing partner by POAG Shopping Centers for LaCenterra at Cinco Ranch, an upscale mixed-use development featuring 409,480 SF of retail and Class A office space along with 271 apartments. Located on 34 acres at the Grand … Read more

Pres Kabacoff, co-founder of Historic Properties Inc. of New Orleans. NEW ORLEANS – HRI Properties, the New Orleans-based company formerly known as Historic Restoration Inc., has engaged investment banks as it explores a possible initial public offering, Bloomberg News reports. Founded by Pres Kabacoff, HRI was an early leader in converting historic warehouses into loft-style … Read more

HOUSTON – (Realty News Report) – Transwestern Real Estate Services has been selected by Hicks Ventures and Taconic Capital to handle leasing for the 1177 West Loop South office building. The 18-story, 341,947-square-foot office tower is situated in Houston’s Galleria submarket on the east side of Loop 610. Transwestern’s leasing team representing the property includes … Read more

Charles Herder On November 9 the world felt a major shift when Donald Trump was declared the winner of the U.S. presidential election. His victory was unexpected by many, since most major polls had predicted a Hillary Clinton win. The election of a political outsider to the nation’s highest office raises important questions: what does … Read more