Houston
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
Regency Plans $30M Riverstone Retail Development
Regency Centers Corp. plans to develop The Village at Riverstone, a $30.5 million, 165,000-square-foot retail center in Houston. The REIT… Read more
Trouble for Houston CMBS Loans
Low oil prices mean trouble for energy companies — and trouble for office properties that rent space to those companies.… Read more
1,600-Acre Ranch Slated for Residential Development
Rockspring Capital, headquartered in Houston, sold the Ranches of San Geronimo, a 1,590-acre property northwest of San Antonio to Southerland… Read more
Avison Young Hires Doug Pack & Sam Hansen
Avison Young in Houston is forming, leading and building a new office project leasing team with the hire of Douglas… Read more
Patterson-UTI to Pay $1.76B for Seventy Seven Energy
Patterson-UTI Energy Inc. and Seventy Seven Energy Inc. entered into a definitive merger agreement valued at approximately $1.76B. Upon closing… Read more
8901 Gaylord in Houston Sells
DNA Interest LLC sold a two-story, 25,000-square-foot office building at 8901 Gaylord Dr. in Houston. The buyer was 8901 Gaylord… Read more
Houston Sublease Inventory Contracting
Houston’s office sublease inventory shrank during Q3 2016, according to local real estate market reports. The improvement is partly the… Read more