Houston
U.S. Office Vacancies Reach Record High
An average of 19.6% of office space in major U.S. cities wasn’t leased as of fourth-quarter 2023, reported the Wall… Read more
Houston Office Leasing Volume Cools Off
The office sector continues to grapple with ongoing challenges characterized by elevated vacancy rates but is showing signs of edging… Read more
Montgomery Welcoming First Home Depot
A 138,000-square-foot Home Depot is slated for Montgomery, about an hour north of Houston. The store will be situated on… Read more
Cortland Buys High-End McKinney Apartment Tower
Cortland Partners LLC acquired the 26-story apartment tower at 1900 McKinney Ave. The Dallas Business Journal reports that while the… Read more
Hines Adding Two Office Buildings to The Ranch
The developer of The Galleria wants a piece of The Ranch in Allen. Hines is eyeing the Katy Trail Ice… Read more
Houston Entertainment Center Gets Revamped
Levcor has spent over $10 million on renovations to the Marq’E mixed-use development outside the 610 Loop. Levcor first announced the… Read more
$1B SA Airport Terminal Expansion Contract Awarded
The San Antonio City Council okayed a construction manager at risk contract with Hensel Phelps Construction Co. for a $1… Read more
Dickinson Scores 15-Acre Mixed-Use Project
Robust growth is not just the domain of the Texas metro areas; it’s happening all over the state. Take the… Read more
SCI Closing in on New Houston HQ
The previous building on the property was washed out in 2017 as a result of Hurricane Harvey. The former site… Read more
Houston Rockets Building $70M Practice Facility
There was a time when NBA basketball teams practiced at the local YMCA or JCC. Sounds quaint compared to the… Read more
Ambitious Friendswood Mixed-Use Project Sets January Kickoff
Tannos is partnering with Wolfgramm Capital on a $750 million project in the Houston suburb of Friendswood (pop. 41,000). Site… Read more
Return to Lender: Week of Dec. 7, 2023
Coretrust Capital Partners’ Pasarroyo office building, located in Pasadena, CA, is set for a foreclosure auction on Dec. 20, according… Read more
Hines-Run DST Closes on $152M Houston Offering
Hines completed a $152 million offering of interests in HGIT 200 Park Place DST, a Delaware Statutory Trust (“DST”). The… Read more
Salesforce Tower Chicago Makes Its Debut, Company Commits $1.25M in Grants
Salesforce Inc. celebrated the grand opening today for its new downtown Chicago office building — Salesforce Tower Chicago — a… Read more
ECI Unloads Houston Apartment Project
Mosaic Residential was the buyer of The Columns at Westchase located at 3354 Rogerdale Rd. ECI Group sold the 318-unit… Read more