Houston
Chambers Street Taps Cassidy Turley to Manage 1 MSF Office Portfolio
Cassidy Turley will be managing nearly 1 million square feet of office properties owned by Chambers Street Properties in Dallas, Houston, Columbus, Ohio, and Raleigh, N.C.
RLJ Buys M-U Humble Oil Complex for $80M, Plans Hotel Addition
Downtown Houston’s historic Humble Oil Building complex has gotten a new owner with a new plan.
Omni Obtains $250M in Financing for Three Hotels
Omni Hotels Corp. has gotten its hands on a total of $250 million in financing for a group of three properties encompassing the Omni Fort Worth, Omni Houston and Omni Chicago.
Chambers Acquires Interests in 17 JV Assets from Duke Realty
Chambers Street Properties has acquired the remaining interests in 17 properties it owned in a JV with Duke Realty for a reported $98.6 million as Duke continues to divest many of its office holdings to focus more on industrial assets.
West Ave to Debut Two New Luxury Tenants
Two new luxury concepts are set to debut this spring at the chic West Ave mixed-use development set at the crossroads of Upper Kirby and River Oaks. The two new tenants—Del Frisco’s Grille and Jonathan Adler—will join an already impressive list of high profile retailers and restaurants.
Hines Sells Iconic Williams Tower to Invesco for $412M
The previously reported sale of Hines’ 1.4 million-square-foot William Tower to Invesco Real Estate came through this week, with the new owner paying $412 million for the trophy tower, according to Reuters.
Hines REIT Pockets $412M on Sale of Houston’s 1.4 MSF Williams Tower
Hines Real Estate Investment Trust brings its ownership of the landmark Williams Tower in Houston to a lucrative end with the $412 million sale of the 1.4 million-square-foot office property to Invesco Real Estate.
Camden Property Trust Expands Presence at Greenway Plaza—but Switches Buildings
By Georgiana Mihaila, Associate Editor Camden Property Trust—one of the largest publicly traded national multifamily developers—will soon be trading its office at 3 Greenway Plaza for the neighboring 11 Greenway Plaza. The company signed a lease for 86,733 square feet on floors 23 through 26 of the 31-story Class A office building. Bob Boykin, Warren […]
GID Development Reveals Phase Two of Regent Square Mixed-Use Project
Following the August 2012 groundbreaking of the Regent Square mixed-use project, GID Development Group is now lining up plans for a second phase. Phase Two will add an Alamo Drafthouse Cinema, another residential component, and 15,000 square feet of restaurant space to the project set in the heart of the Inner Loop.
Hines Tapped to Manage Three-Building Energy Corridor Portfolio
Franklin Street Properties Corp. has retained international real estate firm Hines to manage its three-building office portfolio in the West Houston Energy Corridor. The multi-tenant office portfolio is comprised of Energy Tower I—a 326,000-square-foot, 14-story building located at 11700 Katy Freeway; Phase I of The Offices at Park 10,