Houston
Gulf Coast Launches Lifestyle Center in Garden Oaks
Gulf Coast Commercial Group launched construction on Block 14 at Garden Oaks, a nearly 18,000-square-foot neighborhood lifestyle center at 3201… Read more
Welcome Group Acquires Three-Building Industrial Portfolio
Houston-based Welcome Group, LLC, has acquired the 3004 Aldine Bender Complex for an undisclosed sum. This industrial property offers three… Read more
Baker Hughes Rig Count Reaches Record Low
The number of operating U.S. oil and gas rigs as counted by Baker Hughes plunged for the 12th consecutive week… Read more
Grocery-Anchored Retail Trades in NW Houston
RPI Interests I Ltd. has sold Inwood Forest Shopping Center in northwest Houston to Fahra International Inc. for an undisclosed… Read more
CBRE Hires Bateman as Managing Director in Broward, Palm Beach
CBRE has announced the hiring of David Bateman as Managing Director of Broward and Palm Beach counties. In his new… Read more
Archway Properties Revamps Service Center for Last-Mile Use
Archway Properties is underway on a major renovation and repositioning of the newest addition to its mixed-use portfolio, a distribution/warehouse… Read more
Berkadia’s Epstein and Ray Sell Mid-Rise in Spring
Berkadia arranged the sale of The Belvedere Springwoods Village, a Class A mid-rise apartment community in Spring. Senior Managing Director Ryan… Read more
Patrinely Puts Kelch at Helm of Property Management
Houston-based Patrinely Group has promoted Lauren Kelch to SVP of property management. Since joining Patrinely in 2019 as VP, Kelch has been instrumental in streamlining policies across the… Read more
Venture Global Expands at 5 Houston
Venture Global LNG Inc. has extended and expanded its lease by 29,257 square feet at 5 Houston Center in downtown Houston. The… Read more
Stage Stores Files for Chapter 11, Seeks Buyer
Discount retailer Stage Stores, Inc. has filed voluntary petitions under Chapter 11 at U.S. Bankruptcy Court in Houston and is… Read more
Murphy Oil Will Consolidate Ops to Houston Offices
Citing the “extraordinary drop” in crude oil prices, exploration and production company Murphy Oil Corporation is consolidating corporate operations to its… Read more
HREC’s Flynn Discusses Impact of COVID Recession on Multifamily Lending
By Dennis Kaiser As CEO of Hunt Real Estate Capital (HREC) and ORIX Real Estate Capital (OREC), James P. Flynn… Read more
Dodge Momentum Index Cites Pause in Project Planning
Dodge Data & Analytics’ latest monthly report on nonresidential building projects in planning was marked by the negative impact of… Read more
37th Parallel Re-Enters Austin Market
Virginia-based 37th Parallel Properties Investment Group acquired a three-property garden-style multifamily portfolio in Austin and San Antonio on behalf of its investors and family… Read more
Archway Properties Lands Fourth Retailer at Park Air 59
Archway Properties will break ground in mid-May on a build-to-suit retail building for Northern Tool + Equipment in Park Air… Read more
Voya, Gantry Webcast: The State of Lending in the Coronavirus Era
By Dennis Kaiser Voya Investment Management’s Managing Director and Head of Real Estate Finance, Greg Michaud, discussed the current state… Read more
Avison Duo Negotiates Relocation in Energy Corridor
Avison Young recently negotiated a long-term, 21,091-square-foot office lease on behalf of consulting civil engineering firm Van De Wiele &… Read more
Houston Shopping Center Sells Above List Price
NewQuest Properties Investment Sales Group has closed the sale of the 99%-leased Chimney Rock Bellaire Shopping Center in southwest Houston… Read more
Kaplan Adds Property Management Veteran
Houston-based Kaplan named Pamela McGlashen president of management. She’ll oversee operations for all of Kaplan’s fee and owner-managed multifamily communities across the… Read more