Houston
CCIT Buys 5 Net-Lease Office Properties for $202M
Cole Corporate Income Trust has acquired five single-tenant corporate properties with a total of 733,062 square feet for $202 million, including two in San Jose and one each in Houston, St. Louis and Colorado Springs.
MetLife Provides $161.5M in Financing for Houston Office Tower; Noble Energy Center One Changes Hands
MetLife, Inc. has provided $161.5 million in financing to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors that has acquired Marathon Oil Tower in Houston.
Lone Star Funds Acquires 6 MSF Commercial Portfolio
Global private equity firm Lone Star Funds has acquired State Farm’s 23 existing operations centers consisting of 6.2 million square feet in 16 states, through a sale-leaseback agreement.
Cassidy Turley to Lead Leasing Efforts for Allen Center; Renovations Kick off at Hines’ 600 Travis Sky Lobby
Brookfield Office Properties tapped Cassidy Turley to provide project leasing services for Allen Center, a 3.1-million-square foot, class A office complex in downtown Houston.
Steadfast Income REIT Buys 6 Apartment Communities in Houston
Steadfast Income REIT has acquired 1,692 apartments in Houston as part of a six-property portfolio deal that closed in two phases. It is the second investment in Houston in two months and one of many the REIT has made in Texas.
New Class A Office Building Tops Out at BriarLake Campus
Dallas-based TIER REIT announced the topping out of Two BriarLake Plaza, a 12-story, 332,000-square-foot office tower in the heart of Houston’s Westchase District.
390-Unit Luxury M-F Property Breaks Ground at New M-U Development in The Woodlands
The Howard Hughes Corporation and its wholly-owned subsidiary The Woodlands Development Company have broken ground on a 390-unit, multi-family project situated in the new 66-acre mixed-use development of Hughes Landing.
Marathon Oil Tower Changes Hands; First Building Complete in Noble Energy Campus
Greenwich, Connecticut-based Hanover Real Estate Partners completed the sale of Marathon Oil Tower, one of Houston’ most iconic office buildings, to CBRE Strategic Partners
Mill Creek, Crescent Communities Commence M-F Projects Near Hospitals
Crescent Communities and Mill Creek Residential have kicked off multi-family projects, the 265-unit Premier Medical Center in Houston and the 296-unit Crescent Dilworth in Charlotte, within close proximity to major healthcare facilities.
Lionstone Group Grabs Landmark Office Tower in Houston’s CBD
The Lionstone Group completed the acquisition of 712 Main Street in Houston’s CBD, in a deal that marks the first time the landmark property has been offered for sale on an individual basis since its construction in 1929.