Houston
MetLife Extends $235M in Financing for 974 KSF Houston Office Building
The real estate investments department of MetLife has closed a $235 million loan secured by BG Group Place, a 973,800-square-foot office high-rise in downtown Houston, for a partnership advised by Invesco Real Estate.
CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston
CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York, unveiled plans for phase one of Springwoods Village, a $10 billion, 1,800-acre mixed-use community in Spring, just south of The Woodlands and 20 miles north of downtown Houston. Springwoods Village Town Center will include approximately 250 luxury apartment […]
Behringer Harvard Buys 240-Unit Suburban Houston M-F Property
Behringer Harvard has expanded the portfolio of Behringer Harvard Opportunity REIT II Inc. with the acquisition of Parkside Apartments in Sugar Land, Texas, approximately 20 miles outside of Houston.
Transwestern, Cornerstone Sell 350 KSF Houston Office Property
Five years after acquiring 21 contiguous acres of land for the planned two-tower Eldridge Oaks office development in Houston, Transwestern and Cornerstone Real Estate Advisors have sold the site, along with the 350,000-square-foot trophy tower they developed at the location in 2009.
Cousins to Buy 2-Property Office Portfolio for $1B
Cousins Properties Inc. just struck a deal that will alter its standing in the real estate community. The REIT has entered into an agreement to shell out $1.1 billion in cash for the acquisition of two premier Texas office assets totaling 5.5 million square feet from Crescent Real Estate Holdings.
Wood Breaks Ground on 133-Unit M-F Building in West Houston
Wood Partners has begun construction on Alta Westheimer, a luxury apartment building in Houston.
Battle of the Giants: Hines, Chevron Supersize Upcoming Skyscrapers
Houston’s commercial market is in the spotlight again, with two major developers looking to deliver the city’s next great skyscraper.
Johnson Development Emerges as Buyer of 2,100-Acre Camp Strake Property
It’s official: Johnson Development Corp. has been chosen as the buyer of the 2,100-acre Camp Strake property, one of the largest available contiguous land parcels currently available in the Houston metropolitan area.
Clear Lake Regional Medical to Offer Enhanced Care after $92M Expansion
Clear Lake Regional Medical CenterLooking to better serve the Bay Area Houston community, Clear Lake Regional Medical Center has invested $92 million in a comprehensive expansion that included the addition of a new patient tower.
Chevron to Build 1.7 MSF Houston High-Rise
With no end in sight to its growing staff, Chevron U.S.A. Inc. will add more than a little bit of elbowroom to its downtown Houston offices through the addition of a 1.7 million-square-foot tower.