Houston

CenterSquare Investment Management, the real asset investment subsidiary of BNY Mellon, announced its exit from the Houston real estate market with the sale of 1301 Fannin Street and the Villas at Hermann Park. The two assets were acquired through Urdang Value-Added Fund II (UVAF II), a $463 million value-added closed-end fund.

Pittsburgh-based HFF announced that it has recently arranged $50 million in financing for 3040 Post Oak Boulevard, a 427,486-square-foot office building part of the Lakes on Post Oak complex in Uptown Houston.

It’s been a busy new year for Stream Realty Partners, L.P. Just recently, the Dallas-based firm announced the grand opening of their Center at Pearland Parkway in Pearland and the acquisition of 600 Jefferson in the Houston CBD.

Trammell Crow Residential (TCR) and Bluerock Residential Growth REIT have joined forces for the development of a new, 269-unit apartment community in Houston. Dubbed Alexan Blaire House, the luxury community will be developed on a 4.2-acre tract just two miles from the renowned Texas Medical Center.

GoldOller Real Estate Investments, a Philadelphia-based owner and operator of apartment communities, recently entered the Texas market with the acquisition of the Trails at Dominion Park for $52.5 million. The 843-unit, luxury apartment complex is located on a 50-acre tract in North Houston, along the I-45 corridor.

The Houston office of Transwestern recently made public that it will be handling the leasing of Cypress Creek Lakes, a 29,000-square-foot medical and office development.

By Eliza Theiss, Associate Editor Fully integrated, self-administered and self-managed REIT Cousins Properties Inc. has secured a 230,000-square-foot lease extension at Post Oak Central. Tenant Stewart Information Services Corp.’s contract was set to expire in September 2016. It has now been expanded until September 2019. The deal put Cousins’ 5.6 million-square-foot Houston portfolio at 96 […]

The Austin office of Berkadia recently announced that it has helped secure a total of $40.3 million in financing for the acquisition of Thornbury Apartments in Houston and for The Retreat at River Ranch Apartments in Southwest Fort Worth.

The City of Sugar Land in partnership with ACE Theatrical Group recently broke ground on a unique, $74.3 million state-of-the-art performance venue. The facility will be developed on a 38.5-acre tract located southeast of U.S. Highway 59 and University Boulevard.