Tom Lynch HOUSTON – Warehouses totaling more than 3.3 million square feet broke ground in Houston in the fourth quarter of 2017, highlighting a broader trend of rising industrial land values, according to CBRE. Many of these new industrial facilities are being built on a speculative basis, CBRE reported, though Hines and Arch-Con Construction are … Read more

Mark Law HOUSTON — (By Dale King, Realty News Report) — Online home shoppers typically visit a property-search site and enter numbers: ZIP code, square footage, price range. HomLuv.com takes a different approach. It prioritizes images and design preferences over raw data. Think Pinterest-style discovery rather than rigid filters. That approach is proving especially popular … Read more

Ground broken on Deer Park project. HOUSTON — Crow Holdings Industrial has started construction on a new 349,050-square-foot distribution facility in Deer Park, on Houston’s southeast side. Colliers’ team of Jon Lindenberger, Walter Menuet and Paul Dominique has been named the exclusive agent to market and lease the property on behalf of Crow Holdings Industrial. … Read more

NW Houston building purchased. HOUSTON – ManhattanLife has acquired the office building at 13831 Northwest Freeway in Houston. Jon Silberman, managing partner at NAI Partners, handled the sale. Jim Tainter, head of NAI’s landlord services division, will manage leasing and property operations for the 151,835-square-foot building. The seller, Houston-based Boxer Property, was represented in the … Read more

HOUSTON – (Realty News Report) – Since 1983, Marathon Oil has been the namesake tenant of a 41-story skyscraper near Houston’s Galleria area. Now, Marathon Oil is preparing to relocate to a new headquarters under construction near CityCentre, leaving the iconic tower with a new identity and a significant amount of available office space. Formerly … Read more

The 5 Greenway Plaza building had almost 800,000 SF of sublease space, more than any other building in Houston after OXY announced its outward relocation last summer. HOUSTON – (Realty News Report) – Three new tenants are bolstering an emerging technology and innovation ecosystem at Greenway Plaza, the 52-acre urban campus near the Southwest Freeway … Read more

712 Main Street in Houston HOUSTON – (Realty News Report) – Lionstone Investments, based in Houston, has moved its headquarters into the historic 712 Main Street building, an asset the firm owns through a joint venture. “We selected 712 Main for its premier location and its historical importance,” said Lionstone President Jane Page. “Since acquiring … Read more

AUSTIN – (Realty News Report) – Maria’s Taco Xpress, a colorful South Lamar landmark since 1997, has been sold. Originally launched as a food trailer, the Austin restaurant evolved into a full-scale establishment in 2006. Notable for the body of an old pickup truck mounted on its façade as a whimsical decorative feature, Maria’s has … Read more

Sentinel Peak Capital Partners has acquired the Lakebridge Apartments, north of Houston. Photo Credit: JLL HOUSTON – Sentinel Peak Capital Partners has acquired Lakebridge Apartments, a 272-unit, value-add garden-style apartment community in the Spring submarket of north Houston, according to JLL Capital Markets. JLL marketed the property on behalf of the seller and arranged floating-rate … Read more

Former Md. Gov. Martin O’Malley, who ran for president in 2016, and Realty News Report Editor Ralph Bivins at Green Builder’s recent Sustainability Symposium in Orlando. ORLANDO, Fla. — Realty News Report, the only Houston-based media outlet attending the recent national builders convention in Florida, reports signs of a construction rebound gaining traction across the … Read more