Houston
Houston’s Astrodome to Become World’s Largest Indoor Park?
When it had opened its doors for the first time on April 9, 1965, the Astrodome was the world’s first multi-purpose domed sports stadium. On that day, the dome was celebrated by 47, 879 people, who were cheering at an exhibition match between the Houston Astros and the New York Yankees. Among the cheering crowd, in a private box, there sat President Lyndon Baines Johnson and his wife, Lady Bird.
Toll Brothers Moves Forward with Master-Planned Community Next to The Woodlands
A new master-planned community is in the works west of The Woodlands. Developed by renowned Toll Brothers, the community will be spread across 600 acres along FM 2978, according to the Houston Business Journal.
Howard Hughes Corp. Acquires 2,000 Acres of Land for Residential Development
By Liviu Oltean, Associate Editor Dallas-based Howard Hughes Corp. revealed in its second-quarter earnings report that it has closed on 1,343 acres of undeveloped land 13 miles north of The Woodlands. Furthermore, it has entered into a sale and purchase agreement slated to close in September 2014 to acquire 652 adjacent acres from a different […]
MetroNational Announces Grand Opening of the Treehouse in Memorial City
MetroNational recently announced the completion and grand opening of the Treehouse Memorial City, a two-story, 14,700-square-foot structure designed to emphasize Houston’s architectural prowess and innovation.
AmREIT Declines Regency’s Unsolicited Acquisition Proposal
Regency Center Corporation announced three weeks ago that it offered to acquire AmREIT, Inc. for $22 per share. Their unsolicited acquisition proposal represented a 20% premium based on the average closing price of AmREIT’s common stock over the last 30 days, and also exceeds AmREIT’s all-time high stock price by more than $2 share.
CNL Healthcare Buys Specialty Hospital for $76M
CNL Healthcare Properties, an Orlando-based REIT that focused on senior housing and healthcare facilities, recently announced the $76 million acquisition of the Houston Orthopedic & Spine Hospital campus (HOSH), representing the REIT’s largest single-property investment.
Woodbranch Plans New Residential High-Rise for Downtown Houston
The plethora of office projects that are either under construction or close to breaking ground in Houston has been giving incentive to real estate companies to focus on more and more residential projects. One such project is the Market Square Tower, a 40-story luxury high-rise, set to break ground in the following weeks and developed by Woodbranch Investments Corp.
Hines Receives LEED Platinum Certification for Williams Tower HQ
Hines Interests, LP has announced that their recently renovated headquarters in the Williams Tower has been granted the LEED Platinum Certification for Commercial Interiors, award given by the U.S. Green Building Council for outstanding ecological practices in the design of commercial, non-retail, spaces.
Hartman Short-Term Income Properties XX Purchases Houston Industrial Property; Bascom Acquires Sierra at Fall Creek
Hartman Short Term Income Properties XX, Inc., a Houston-based REIT, recently announced that Harman Mitchelldale Business Park LLC, an affiliate, purchased the Mitchelldale Business Park from Falcon Southwest for an undisclosed sum.
Patrinely Group, CDC Houston and USAA Real Estate Team on 60-Acre Houston Mixed-Use
CityPlace will integrate more than four million square feet of Class A office space located above ground floor retail, luxury multi-family and a full-service hotel.