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
Houston area real estate briefs Lee & Associates — Houston represented Southern Star Buske, LLC in the sale of 18 acres on Conroe Park West Drive in Conroe. Mike Spears and Trey Erwin of Lee & Associates – Houston represented the buyer. Rhone Brittmoore Logistics, LP recently purchased the former Nabors Drilling campus at 11330 … Read more
HOUSTON – (Realty News Report) – Qinnong “Bill” Hou, owner of Shogun Japanese Grill and Sushi Bar, has expanded his restaurant footprint across Greater Houston with 23 dining locations. Now Hou has added shopping center development to his portfolio, taking on the role of developer in addition to restaurateur and chef. “Bill has become a … Read more
TEXAS – (By Mark H. W. Hiebert for Realty News Report) – Here we are in the deep Texas cold, and today San Antonio is finally warming up a bit. The weather has me remembering my days at Indian Hills Ace Hardware in Wichita, Kansas — in my mind the greatest hardware store in the … Read more
CHICAGO – (Realty News Report)— Cresset Partners and Diversified Real Estate Capital have announced a strategic partnership between their real estate divisions, expanding Cresset’s real estate investment platform. Cresset has worked with Hines on several developments, including the 46-story Brava residential tower now under construction at 414 Milam in downtown Houston, as well as a … Read more
Rendering of redesigned green space at Houston Center. HOUSTON – Mitsubishi International Corporation has renewed its lease at LyondellBasell Tower, the 46-story office tower in downtown Houston. The company signed a lease for 45,838 square feet across the 34th and 35th floors of the Class A building. As part of the renewal, Mitsubishi will undertake … Read more
Dan Bawden HOUSTON – (By Dale King, Realty News Report) – The U.S. home remodeling market has surged more than 50% since the end of the 2007–2009 Great Recession, according to a report from Harvard University’s Joint Center for Housing Studies. Locally, Houston and surrounding areas have reflected that growth, say owners of two regional … Read more
AUSTIN — (Realty News Report) — Nasdaq Inc., one of the world’s largest stock exchanges, is exploring a potential relocation of some operations from New Jersey to Texas, Gov. Greg Abbott announced. “I’ve been talking with the Nasdaq stock exchange about moving some of their operations to Texas. They want to flee high taxes,” Abbott … Read more
HOUSTON – (Realty News Report) – Woodbranch Management has named Stream Realty Partners as the exclusive leasing partner for its 1.1 million-square-foot, six-building office portfolio in Houston. The portfolio comprises four buildings in the Westchase submarket: 9800 Richmond Ave., 3100 S. Gessner Rd., 11000 Richmond Ave., and the 21-story Millennium Tower. Millennium Tower, at 10375 … Read more
The Chelsea Park apartments were part of a multifamily portfolio acquired by Nicholas Residential. Nicholas Residential Acquires Six-Property Beltway Portfolio in Houston Nicholas Residential, a Dallas-based real estate investment firm, has acquired the Beltway Portfolio, a six-property multifamily collection in the greater Houston area totaling 2,115 apartment units. The deal strengthens Nicholas Residential’s presence in … Read more