Houston
Transwestern Development Grabs Land for 1.2 MSF Industrial Project in Katy, Texas
Transwestern Development Co. has bought a 74-acre site in West Ten Business Park on Interstate 10 at Cane Island Parkway in Katy, Texas, for an undisclosed amount.
Morgan Launches New Pearl Luxury Community; Balfour Beatty General Contractor for 6 Houston Center
Houston – based The Morgan Group has commenced development of a new luxury apartment community under its Pearl brand. Morgan launched the Pearl brand in 2013 with the opening of
Fountain Builds Second Off-Campus Community at University of Houston
Construction is underway on Campus Vue, an off-campus five-story housing complex at the University of Houston.
White Oak Buys 300-Unit M-F Community; Memorial City Mall Adds Seven New Retailers
Columbus, Ohio – based White Oak Partners, LLC has acquired Colorado Club Apartments, a 300-unit multifamily community in East Houston. HFF marketed the property on behalf of the seller, Capital Equity Group of Cleveland, Ohio.
Hayman Acquires 518-unit Apartment Community; Richland Acquires Business Park
Troy, Michigan-based Hayman Company has completed the acquisition of The Lodge at Shadowlake, a 518-unit garden apartment community in West Houston.
Marquette Cos. to Break Ground on 364-Unit M-F Project in Downtown Houston
Naperville, Ill.-based The Marquette Companies plans to break ground on Block 52, a 364-unit apartment building in downtown Houston.
PinPoint to Break Ground on $250 M-U Development Site in Houston
PinPoint Commercial will break ground next week on Woodland Creek, a new 75-acre mixed-use development in The Woodlands, Texas.
Presidium Group, Nessel Development JV Purchases Off-Market Multifamily Community in North Houston
As one of the top ten fastest growing cities in the U.S., Houston continues to attract major investors who strive to capitalize on the high demand for multifamily product. Dallas-based Presidium Group, LLC has acquired Live Oak Bend Apartments, a 252-unit multifamily community
Harbor Group Affiliate Buys 456-Unit M-F Community in Houston
An affiliate of Harbor Group International has purchased Westchase Creek, a 456-unit multi-family community in Houston’s Westchase District, for an undisclosed sum.
Wood Partners’ Alta Heights Shows Strong Leasing; JV Buys Westchase Office Building
Wood Partners, L.L.C., one of the nation’s most active multifamily developers, announced that its Alta Heights apartment community in Houston is almost 70 percent occupied. Since the community opened its doors four months ago, it has leased 173 of the 256 available units.