Houston
C-PACE Funding Granted to Houston Office Asset
The deal marks the eighth C-PACE loan that Petros has funded in Texas and its second in Houston. The funds will be used for energy upgrades to a Houston office building located at 1225 North Loop West.
Medistar to Develop 550 KSF Medical Tower in Houston
The Class A development will be adjacent to an InterContinental hotel and a 35-story luxury apartment community and will serve the demand of the growing health science industry in Texas.
Howard Hughes Breaks Ground on Texas Master-Planned Project
The Woodlands Hills will include more than 4,500 residences, 112 acres of open space, 20 neighborhood parks, an amenity center and retail.
PGIM Acquires 400 KSF Houston Mixed-Use Asset
LaCenterra at Cinco Ranch recently changed hands. Executive Director Mark Seedorff at PGIM Real Estate’s South Region Transactions arranged the deal.
IKEA Leases 1.7 MSF in TX, CA
The Swedish furniture retailer leased two distribution centers in Baytown, Texas, and American Canyon, Calif. Each project will create around 200 jobs.
Residence Inn by Marriott Breaks Ground in Houston
The 182-key hotel broke ground near the Texas Medical Center. Moody National Hospitality Management will be responsible for managing the 5,000-square-foot property.
JLL Arranges Sale of Office Asset in Houston
Under its new ownership, Pinehollow Office Park will undergo a capital improvement program that will add retail space to the Class B development.
Liberty Property Trust Breaks Ground on 2 Industrial Assets
Combined, the two buildings will add 704,000 square feet of industrial space to the market, located at the company’s Port Crossing Commerce Center in northwest Houston.
Transwestern Tapped to Lease Houston Office Park
The complex consists of two Class A buildings and a separate amenity center. Westchase Park I and Westchase Park II can accommodate new tenants ranging from 5,000 to 140,000 square feet.
Port 10 Logistics Center to Break Ground in Baytown, TX
Pontikes Development will break ground on a 3 million-square-foot speculative warehouse and distribution park near Port Houston. The project will be built in phases, with the first one slated for delivery in the third quarter of 2018.