Houston
Marriott Breaks Ground in Springwoods Village
Slated for completion by November 2018, Marriott City Place Hotel at Springwoods Village will be the first full-service hotel within the 2,000-acre master-planned community.
Texas 7-Eleven Stores to Be Powered by Wind Energy
The retailer signed an agreement with TXU Energy for 425 of its locations, contributing to the company’s savings by providing incentives through the GreenBackSM program.
Prologis Acquires 4-Building Industrial Distribution Center in Houston
The Class B distribution warehouses, located in Houston’s West by Northwest Industrial Park, total 809,196 square feet and have generated more than 10 offers from institutional investors.
Memorial Hermann Opens 81-Bed Hospital in Cypress
The facility was completed in 24 months and is one of the country’s largest tilt-wall hospitals. Future growth plans include a heliport and two additional patient bed towers.
Hines Nabs Houston Logistics Park
The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.
TechSpace to Open Houston Location
The 46,000-square-foot facility will feature 95 private offices with more than 450 workstations, as well as co-working spaces.
Amazon Doubles Up
The company’s upcoming distribution centers in Virginia and Texas will each bring more than 1,000 full-time jobs to those regions.
Houston’s Shaky Economy
According to Yardi Matrix, very low rent growth and an occupancy rate that lags the national average will result in slow absorption of the 18,700 apartments added in 2016.
Inland Closes Sale of 4 Medical Assets
The properties total 119,000 square feet and are located in the Houston, Raleigh and Salt Lake City metro areas.
HFF Arranges $65M Financing for CityCentre
CityCentre comprises retail, office, hotel and residential space.