Houston
Hines Global REIT II Acquires First Retail Asset
Hines Global REIT II Inc. acquired its first retail property, Rookwood, located on Edmondson Road in Cincinnati, OH’s Midtown submarket.… Read more
Houston Office: Sublease Declining
Through all of 2015 and much of 2016, subleased office space in Houston was on the rise, playing havoc with… Read more
Columbia Property Exits Houston with $272M Sale
Columbia Property Trust Inc. said “goodbye” to Houston with a 1.2-million-square-foot, three-office-property disposition to Spear Street Capital. The Atlanta-based seller… Read more
Crystal Lagoons Expanding in Houston
Houston-based Land Tejas has acquired Crystal Lagoons U.S. Corp.’s lagoon technology to anchor two master-planned communities in Houston. One of… Read more
Companies Consider Creating Cannabis Growing & Research Arm
San Antonio-based Alamo CBD LLC and Indoor Harvest Co. of Houston are considering a transaction that would merge the companies.… Read more
Mitsubishi Caterpillar to Build 71K SF
Mitsubishi Caterpillar Forklift America Inc. (MCFA) will add to its Houston-area presence by building a 71,000-square-foot, manufacturing facility and distribution… Read more
Weitzman Group, Cencor, Rebranded as Weitzman
The Weitzman Group and Cencor Realty Services, both in Dallas, have rebranded under one name: Weitzman. Along with the new… Read more
Hines REIT Nabs Acreage at The Rim
Hines Global REIT, headquartered in Houston, acquired 8.8 acres at The Rim, a 2 million-square-foot shopping center on La Cantera… Read more
Midtown Site Sells, Apartments Planned – Someday
Houston-based PM Realty Group (PMRG) closed on 3300 Main, a 1.2-acre site in Houston’s Midtown neighborhood, paying the Midtown Redevelopment… Read more
Financing Helps Close 300-Unit Apartment Sale
George Smith Partners, working on behalf of investor LocalConstruct, secure $41 million in financing to help close the sale of… Read more
924 Units Sell for $108 Million
NexPoint Residential Trust Inc. acquired the 734-unit Old Farm Apartments and the 190-unit Stone Creek at Old Farm Apartments from… Read more
Coretrust Acquires DTLA’s Citigroup Center for $336M
Los Angeles-based Coretrust Capital Partners, LLC acquired the iconic Citigroup Center, a 48-story office tower located in DTLA’s CBD for… Read more
Say Buh-Bye to Luxury Apartment Boom
For seven years, most metropolitan areas experienced an apartment boom characterized by increasing rents and a lot of deliveries. Demand… Read more
Halliburton to Hire 200 for Permian Basin Operations
In a change of pace for the energy industry, Houston-headquartered Halliburton Co. announced plans to hire more than 200 people… Read more
Waterworks Sale to Apartment Developer Approved
The Houston City Council has approved the sale of the historic waterworks along Nicholson and West 20th Streets in the… Read more
Cy-Fair Going Strong, Despite Oil Slump
Though population growth in the Houston metro has fallen short of previous totals, housing projects are going strong in the… Read more
U.S. Memory Care Sells Four-Property Portfolio
U.S. Memory Care sold a four-property portfolio of seniors housing assets in Texas. The four assets, each containing 70 memory-care… Read more
German Grocery Chain Targets League City
Discount grocery retailer Lidl is gearing up to enter Texas. Specifically, the Germany-headquartered company submitted plans to League City, TX… Read more
Hines Strikes $47M Deal with Hillwood for Industrial Center
Hines, headquartered in Houston, came to an agreement with Dallas-based Hillwood Property Trust, to acquire the 684,000-square-foot Southwest Industrial Center… Read more