Houston
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.
Cole Boosts CCIT Portfolio With 3 Recent Acquisitions
Cole Real Estate Investments has boosted the portfolio of Cole Corporate Income Trust to 35 properties in 17 states with the recent acquisitions of three Class A office buildings in Texas and Massachusetts for $160 million.
Houston Takes Third Place Among Forbes’ Top Development Markets
In a recent Forbes ranking of metro areas where construction is booming, Houston landed an honorary third place, with only New York and Dallas scoring higher.
Clarion Grabs One Oak Park, Expands Westchase Park in Houston
Clarion Partners has acquired One Oak Park, a six-story, 153,342-square-foot, Class A office building in the Westchase submarket of Houston, where it is also planning to expand the Westchase Park property it bought six months ago.
Fountain Residential to Add Housing Options at University of Houston
Following the University of Houston’s successful efforts of adding housing options in order to transform itself from an urban commuter-based campus to a Tier One research institution, a new student housing building will soon rise right across from the campus.