Houston
InterContinental Houston Med Center Breaks Ground
Medistar Corp. has launched construction on the 353-room InterContinental Houston Medical Center Hotel. Additionally, and in partnership with Greystar, Medistar… Read more
Houston’s Topaz Village On Track after Oil Slump
A six-story, 15-unit upscale Houston condominium project is back on track again, following a delay due to the oil slump. CondoSmart… Read more
Parking Beneath Houston’s Astrodome Approved
Harris County Commissioners Court in Houston accepted a plan to develop parking beneath the long-vacant Astrodome. If the $105-million plan… Read more
$500M MXU on Tap for Houston’s Buffalo Bayou
DC Partners of Houston has announced plans to launch a $500-million, 6-acre, mixed-use development at the southeast corner of Allen… Read more
Hines, GM Pension Let 1.5M SF Houston Campus Go
A 36-acre office complex in north Houston is headed for the auction block, following the departure of Exxon Mobil Corp.,… Read more
Hines Sells Denver-Area Flex/Office Portfolio for $78.5M
Houston-based Hines sold a 10-building flex office portfolio in the Denver metro market to a partnership consisting of New York-based… Read more
Amazon Shopping for New Facility in Houston
Seattle-based Amazon.com Inc. is exploring a new $136-million fulfillment center in Northwest Houston’s Pinto Business Park. The online retail giant… Read more
Chicago Office Tower Under Contract for $340M
Hines REIT, headquartered in Houston, has entered into a definitive agreement to sell the 896,502-square-foot 321 N. Clark at Riverfront… Read more
Avera Preps for 738K-SF Industrial in Houston Area
Avera Cos., based in Houston, acquired 41.5 acres in Pasadena, TX for Bayport Industrial Park. The park, located on the… Read more
ConocoPhillips to Sublet 596K-SF Energy Center 4
Energy giant ConocoPhillips has put the entire Energy Center 4 building up for sublease. The 596,000-square-foot, 22-story Energy Center 4,… Read more
“Exxon Effect” Almost Non-Existent in Houston
About a year ago, the new Exxon Mobil Corp. campus opened in Springwood TX, about 20 miles north of Houston.… Read more
Moody REIT II Pays $74M for SpringHill Suites
Moody National REIT II Inc., headquartered in Houston, has acquired the 234-key Marriott SpringHill Suites Hotel in Seattle for $74.1… Read more
Grocers Compete, Retail Real Estate Wins
Connect Media is amidst the more than 36,000 retail industry leaders gathered in Las Vegas this week for the International Council… Read more
American Bureau of Shipping Leases 327K in Houston
American Bureau of Shipping (ABS) has signed a long-term lease for the entire office component of CityPlace 2. The master… Read more
85°C Bakery Café Opening First Texas Store
Taiwan’s top coffeehouse, 85°C Bakery Café, has selected Carrollton Town Center at 2540 Old Denton Rd. in North Dallas for… Read more
Moody National Buys 164 Units, Plans Eventual MXU
Houston-based Moody National Cos. acquired the 164-unit Le Renaissance apartments from Texas Pinnacle Apartments. Though Moody National will operate the… Read more
Housing Starts in Houston Drop in Q1 2016
The Houston metro, which had reigned first in Texas for housing starts, came in second place to Dallas-Fort Worth during… Read more
Oil Prices Impact Shreveport Office Sector
Mention “oil price impact,” and the first thought might be Houston. But secondary markets such as Shreveport, LA have also… Read more
BG Group to Vacate 354K SF at BG Group Place
BG Group plc, recently acquired by Royal Dutch Shell plc, will be vacating BG Group Place in downtown Houston. BG… Read more