Houston
Connect Houston Recap: Focus on Economy, CRE and Challenges
Houston was ranked “tops” on many lists during 2019. It is also home to an abundance of Fortune 500 company… Read more
Richland Cos. Adds Corporate Centre Webster to Growing Submarket Portfolio
Richland Cos. added to its Webster, TX portfolio with the acquisition of Corporate Centre Webster, a 49,793-square-foot office park in… Read more
Prologis’ $13B Acquisition of Liberty Property Trust Completed
San Francisco-based Prologis, Inc. (NYSE: PLD), completed its all-stock acquisition of Liberty Property Trust (NYSE: LPT) for $13 billion. The transaction expands Prologis’… Read more
Renovations Planned for Historic Commerce Towers
Downtown Houston’s Commerce Towers, a 140-unit residential condominium property, will undergo renovations that will improve amenities, along with upgrades. Premier… Read more
Sovereign at the Ball Park Construction Recommences with $49M Loan
ACRES Capital Corp. originated a $49-million construction loan to fund completion of Sovereign at the Ballpark, a 229-unit multifamily development… Read more
New York’s Office Sales Crown Slips in 2019
Although it’s generally regarded as the monarch of U.S. office markets, New York City’s crown slipped in 2019. The year’s… Read more
Earhart Chenault Acquires 245K-SF Facility in Brookhollow West Business Park
Earhart Chenault LLC shook hands with Hackman Capital Partners to acquire 9700 W. Gulf Bank, a 245,319-square-foot manufacturing facility in… Read more
McLeod Sears Ready to Redevelop Shuttered Kmart Site
McLeod Sears of Houston is readying to redevelop a seven-acre site in Portland, TX near Corpus Christi. The developer plans… Read more
CommonGrounds Workplace Opens Second Texas Locale at 3 Greenway Plaza
CommonGrounds Workplace, a national, enterprise-grade workplace-as-a-service (WaaS) and co-working company, opened its second Texas location at 3 Greenway Plaza in… Read more
Houston Retail, Limited Construction: Q&A with Weitzman’s Kyle Knight
Weitzman’s new report for retail in Houston shows healthy occupancy and steady demand, while the pace of new construction remains… Read more
Tristar Alliance Snags 102K-SF Sterling Plaza
Tristar Alliance Properties shook hands with Mykawa Hso LP to acquire Sterling Plaza, a 102,292-square-foot, Class B office building at… Read more
Crow Holdings Launches Office Division, Hires Cody Ambrister to Lead
Crow Holdings formed Crow Holdings Office (CHO), which will specialize in design and development of workplace environments. The Dallas-headquartered company… Read more
Adriana de Alcantara Joins Hines as Senior Managing Director, Fund Management, Americas
Adriana de Alcantara joined Hines as Senior Managing Director, Fund Management, Americas. In her role, she will be responsible for… Read more
Trammell Crow Reshapes Operations, Promotes Adam Nims, Adam Saphier
Trammell Crow Co. is consolidating its operational model from three regions to two, and creating expanded Eastern and Western Regions… Read more
U.S. Multifamily Acquisitions Hit Record Highs
U.S. multifamily acquisitions rose by 4.4% last year to $184 billion, the highest volume since Real Capital Analytics began tracking… Read more
Nuveen Real Estate Sells 353K-SF Beltway North Commerce Center
Nuveen Real Estate ended its five-year ownership of Beltway North Commerce Center, selling the 352,680-square-foot industrial distribution center to High… Read more
Buchanan Street Partners Secures $20M Refi for Sam Houston Crossing II
Buchanan Street Partners secured a loan to refinance Sam Houston Crossing II, a 160,000-square-foot office property in northwest Houston. The… Read more
Houston’s Economics & CRE: Q&A with Colliers International’s Pat Duffy
Topics at the upcoming Connect Houston conference will include predictions for commercial real estate and the area economy. Patrick Duffy,… Read more
Newport Real Estate Partners Targets Houston for First Buy; Buys 460-Unit Complex
Newport Real Estate Partners LLC, a just-launched real estate firm focused on the acquisition and repositioning of value-add multifamily properties,… Read more