Houston
Foreign Investment Undeterred in Houston
Foreign investors seem undeterred by the oil slump in Houston seeing as Vancouver, BC-based Nicola Crosby Real Estate recently acquired Mason Creek I, a two-story, fully leased, 135,716-square-foot office building in Katy, Texas.
Why Houston’s Industrial Projects Are Flying Off the Shelves
In one of Houston’s most lucrative industrial submarkets, ownership can change as soon as a project gets off the ground.
Midtown Redevelopment Authority Prepares to Break Ground on Midtown Park
The Midtown Redevelopment Authority (MRA) alongside its partner Camden Property Trust will break ground next week for Midtown Park, a long-in-the-making, mixed-use facility located centrally within the Zone.
RECon Special Report: Insiders Share Coast-to-Coast Insights
A visitor to RECon this week could tour real estate markets around the country without setting foot outside the Las Vegas Convention Center.
Signorelli Breaks Ground on 1.8 MSF Retail District
A tract located at the intersection of US 59 and the Grand Parkway in Porter will soon become a new retail district if everything goes as planned for The Signorelli Co. The Woodlands-based firm recently broke ground for Valley Ranch Town Center, a 240-acre, 1.8 million-square-foot retail district located within the master-planned community of Valley Ranch.
Toll Brothers Unveils New Details for 600-Acre Community in Northwest Houston
New details have emerged regarding Toll Brothers’ previously announced 600-acre, master-planned community in northwest Houston. According to a recent press statement, the residential community has been dubbed NorthGrove at Spring Creek and will open for sale in February, 2016.
Billionaire Tilman Fertitta Announces Groundbreaking for New Mixed-Use Project
Billionaire Tilman Fertitta recently announced that work has started on The Post Oak, a mixed-use, master-planned project located in the Galleria and Uptown area along West Loop South in Houston. The project has been designed by Gensler and consists of a 35-story, 650,000-square-foot tower and a 30,000-square-foot ballroom and conference center.
Hines Details Plans for Houston Industrial Park
Hines has acquired nearly 75 acres for Beltway Southwest Business Park, which will accommodate close to 950,000 square feet of light manufacturing and distribution space.
BMW Group Breaks Ground for New Distribution Center
In an attempt to better serve the various BMW and MINI car dealerships scattered across Texas, Oklahoma, Louisiana and Arkansas, BMW Group recently broke ground for a new vehicle distribution center in Galveston, TX.
HFF Arranges Financing for Two Houston-Area Assets
HFF has kept busy in Houston this month. The Pittsburgh-based company recently announced that it has secured refinancing for One City Centre, a 608,660-square-foot office tower and two parking garages in Houston and that it has obtained a $6.15 million mezzanine loan for Kings Landing, a Class A multi-housing community in Kingwood, TX.