Houston
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
New Concept for Houston’s Micro Units
Ivy Lofts at 204 Leeland Ave. in East Downtown Houston was initially envisioned as the first major micro-unit condominium development in… Read more
Alabama Buyer Nabs TX MOBs for $111M
Sanders Trust LLC, headquartered in Birmingham, AL, acquired three Texas medical facilities for $111.5 million. Medical Properties Trust, also based… Read more
Douglas Emmett, QIA Acquire 12100 Wilshire for $225M
Santa Monica-based Douglas Emmett, Inc. acquired 12100 Wilshire Blvd from a fund managed by Houston-based Hines for $225 million. The… Read more
Houston JV Continues Buying Spree with 1,700-Acre Master Planned Community
Houston-based Johnson Development Corp., in partnership with Tricon Capital Group Inc., acquired the 1,700-acre Trinity Falls master planned community in… Read more
Houston Office Leases Getting Done, Kind Of
More office leases have been getting signed in the Houston area so far in 2016 than in the same time period… Read more
Imperial Sugar Refinery to Become 855K-SF MXU in Sugar Land, TX
Imperial Market Development LLC, a partnership led by Geoffrey Jones and James Murname, has acquired a 26-acre property, formerly belonging… Read more
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