Houston
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.
Kimco Opens Grand Parkway Marketplace
Phase one is set for full completion in third quarter 2017.
Transwestern, Spear Street Buy ExxonMobil Campus in Houston
Located in the Greenway area, the 16.9-acre site first hit the market in 2014.
Houston’s Northborough Tower Under New Ownership
The office property is currently vacant, although it is 99 percent leased to Noble Energy until 2018.
CBRE Arranges Sale of Texas City Hotel
The 70-room Holiday Inn Express & Suites was acquired by Texas City Hospitality from Peet Hotels.
Houston-Area Office Park Lands $5M Refi
Hunt Mortgage Group provided a first mortgage bridge loan for Park Plaza Business Park in Stafford, Texas.
Thor Equities Signs Three New Tenants at The Shoppes at Cinco Ranch
The new tenants are popular food franchises—Salada, Super Yummy Mongolian Stir-Fry and Sushi, and Bambu.