Houston
Cambria Opens First Houston Hotel
The adaptive reuse project marks the company’s fifth outpost in Texas and will be followed by seven other locations scheduled to open across the country this summer.
Bank of America Tower in Houston Scores LEED Platinum
The high-rise is the first U.S. project to earn the LEED V4 Platinum for Core and Shell designation—the top score achieved in the category to date.
WeWork Signs 56 KSF Downtown Houston Lease
The coworking giant will occupy floors 25 and 26 at the 1.1 million-square-foot 609 Main at Texas. The deal brings the asset’s occupancy to 92 percent.
National Storage Affiliates Buys Texas Portfolio
The company has purchased nine properties totaling nearly 5,000 units in the Houston, San Antonio and Austin markets.
Houston-Area Office Building Trades for $27M
Northstar Commercial Partners bought a 143,000-square-foot Class A asset in Sugar Land, Texas, from Velocis. The property was roughly 7.5 percent vacant at the time of sale.
Levcor Refinances Houston Entertainment Center
JLL’s Capital Markets team secured the $68 million loan, which will recapitalize existing debt. LoanCore provided the non-recourse, floating-rate financing.
Principal Real Estate Sells 20 Greenway Plaza in Houston
The new owner worked with an HFF team to secure the seven-year, fixed-rate acquisition financing. The 10-story tower was 95 percent leased at the time of sale.
HFF Brokers Houston Retail Asset Sale
Senior Managing Director Ryan West, Director John Indelli and Analyst Johnny Kight represented the seller in the disposition of the 44,297-square-foot Normandy Shopping Center.
Cerberus, Hines JV Buys Texas’ Tallest Tower for $627M: Report
Hariri Interests sold JPMorgan Chase Tower in downtown Houston, a 1.6 million-square-foot skyscraper designed by the late I.M. Pei, along with an adjacent 407,000-square-foot property.
Houston Office Portfolio Trades in Energy Corridor
LNR Partners previously purchased the two-building, 176,000-square-foot Parkview complex out of foreclosure in 2017. JLL facilitated the disposition on behalf of the seller.