Houston
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,
Cousins Buys Houston’s Post Oak Central, Atlanta’s Terminus Properties
Atlanta-based real estate company Cousins Properties acquired Post Oak Central, a Class A office complex in the Galleria submarket of Houston, for $233 million from institutional investors advised by J.P. Morgan Asset Management. The company also bought the Terminus 100 and 200 towers in Atlanta’s Buckhead market.
Forum Energy Tech to Occupy 68% of New Duke Realty Building
Duke Realty Corporation’s Houston office found a tenant for Sam Houston Crossing Two, its new, speculative suburban office building. Forum Energy Technologies, Inc.—a provider of manufactured technologies and applied products for the energy industry—signed a 108,639-square-foot lease and will be occupying the second and third floors of the building.
Energy XXI Expands Footprint at One City Centre; Law Firm Moves In at BG Group Place
Oil and gas exploration and production company Energy XXI Services, LLC has decided to expand its presence on the Main Street Corridor. The company has signed a lease expansion for 28,168 square feet at One City Centre, bringing its total footprint at 128,133 square feet.
TCC, Principal to Develop New 456 KSF BTS in Houston
Leading independent energy company Noble Energy has hired the joint venture of Trammell Crow Co. and Principal Real Estate Investors to develop Noble Energy Center Two, a 456,000-square-foot office building located in Houston’s Northwest submarket.