A growing demand for creative office space has prompted redevelopment of old structures, Transwestern reports. HOUSTON – By Dale King – Investors are seeing substantial returns from creative office projects, according to a report from Transwestern, the global real estate firm headquartered in Houston. Creative office developments—typically conversions of industrial or retail properties into offices—have … Read more

Rob Dietz, Chief Economist, NAHB LAS VEGAS — Realty News Report: Houston’s single-family housing market is showing signs of cooling as developers may have overbuilt in some segments. That observation was one of the main takeaways from the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas. NAHB Chief Economist Robert Dietz, … Read more

HOUSTON – (Realty News Report) – World Houston Plaza, an eight-story office building near George Bush Intercontinental Airport (IAH), has been purchased by a local investor group, signaling renewed interest in Houston office investments. David Z. Mafrige Interests acquired the 216,889-square-foot property at 15710 John F. Kennedy Boulevard through a Ten-X auction. David L. Carter … Read more

ROSENBERG, Texas – (Realty News Report) – The Cavender’s Boot City organization has acquired land in Rosenberg, in Houston’s southwestern suburbs, where a new store will offer authentic Texas footwear. Cavender’s purchased 1.75 acres in Village Crossing – Rosenberg to build a new Cavender’s Boot City in a fast-growing market that still honors Texas traditions … Read more

Ric Campo HOUSTON—(Realty News Report) – Ric Campo, a prominent Houston apartment developer, was appointed Chairman of the Port Commission of the Port of Houston Authority on Thursday in a joint session convened by the City of Houston and the Harris County Commissioners Court. Campo serves as Chairman and CEO of Camden Property Trust, a … Read more

Caydon is developing high-rise residential in Midtown Houston. HOUSTON – (By Cynthia Lescalleet for Realty News Report) – Caydon Development’s Drewery Place, a high-rise apartment tower in Midtown, is preparing to welcome its first residents on July 1. Company CEO Joe Russo visited Houston to review progress on the roughly $200 million building and to … Read more

The historic Esperson buildings feature a decorative grand tempietto. The buildings are near the new Bank of America Tower. Photo credit: Ralph Bivins. HOUSTON – Realty News Report – Contrarian Capital’s historic Esperson Buildings in downtown Houston are being marketed with expected offers around $65 million, according to Real Estate Alert. JLL holds the listing … Read more

HOUSTON – (Realty News Report) – Sueba USA is expanding its Energy Corridor portfolio with a new upscale multifamily community, San Estrella. The project sits on a nine-acre parcel at 13475 Rincon Drive near the northwest corner of Eldridge Parkway and Westheimer Road. Now under construction, San Estrella is Sueba’s fourth multifamily development in the … Read more

HOUSTON – (Excerpt from Houston 2020: America’s Boom Town by Ralph Bivins) — The boundaries of downtown Houston are set to be dramatically reshaped over the next decade. The Pierce Elevated, the section of Interstate 45 that runs across the southern edge of downtown, will be removed. Once supported by heavy columns, that elevated roadway … Read more

HOUSTON – Ralph Bivins, a seasoned author and journalist specializing in Houston real estate and urban development, will deliver the keynote address at CoreNet Houston’s 2019 Education Day. Bivins’ latest book, Houston 2020: America’s Boom Town – An Extreme Close Up, examines the growth challenges and opportunities Houston faces as it surpasses Chicago to become … Read more