Houston
JV Acquires 19 Acres in Houston’s Energy Corridor for Major Multi-Phase Development
Trammell Crow Co. and Principal Real Estate Investors have teamed up for the purchase and future development of an 18.9-acre site located at the southwest corner of Interstate 10 and North Eldridge Parkway in the heart of Houston’s Energy Corridor.
Cole Real Estate Buys High-Density Urban Retail Center
Greenway Commons—a core, Class A super-regional power center in Houston—recently changed ownership, when Trammell Crow Co., Prudential Real Estate Investors and The Morgan Group sold the 253,000-square-foot, high-density urban retail center to Cole Real Estate Investments for an undisclosed amount.
Investors Show Interest in Houston Multifamily Assets
The Oaks at Cypress Station apartment complex recently changed hands for a reported $11 million. The deal was brokered by Edward Nwokedi, senior director for Cushman & Wakefield Inc., with Lance Edwards of First Cornerstone Group negotiating the bid process on behalf of the buyer, Vancouver-based The Duperron Group.
Phoenix Tower Welcomes New York Life as Newest Tenant
By Georgiana Mihaila, Associate Editor
After undergoing extensive renovations, the 34-story Phoenix Tower recently announced the addition of insurance company New York Life to its list of tenants.
New York Life—the largest mutual life insurance company in the United States, with more […]
McKinney, Pavilions Land New Tenants, Increase Occupancy Rates
By Georgiana Mihaila, Associate Editor
The historic 1001 McKinney building has experienced a boost in occupancy rate after signing intellectual property law firm Conley Rose as its newest tenant. The 21,001-square-foot lease takes occupancy to 85 percent, considerably higher than the […]
Strong Demand Drives More Plans for Woodlands
By Georgiana Mihaila, Associate Editor
Currently the second-best-selling master-planned community in Texas and No. 4 nationwide, The Woodlands has gradually become home to more than 1,700 employers, including 100 major companies. More than 47,000 employees work in the 28,000-acre community 27 miles north […]
Wood Partners Breaks Ground on $32M Westchase District Luxury Apartment Community
By Georgiana Mihaila, Associate Editor
On Feb. 27, Wood Partners L.L.C. officially broke ground on the $32.4 million Alta Woodlake Square, a luxury apartment community in the Westchase District of Houston.
With its location set at 2630 Tanglewilde St., the community will […]
Assisted Living Memory Care Community Breaks Ground in Katy
By Georgiana Mihaila, Associate Editor
A groundbreaking ceremony held on Feb. 16 marked the construction start of Evergreen Cottages, an assisted living memory care community in Katy.
The community, located at 21715 Bridgewater Village Drive—near the intersection of Mason and Clay—is specifically […]
HFF Arranges Sales of Two Prominent Houston Office Buildings
By Georgiana Mihaila, Associate Editor
Holliday Fenoglio Fowler L.P.’s Houston office can pride itself on a highly active presence in the local commercial market, having found buyers for two prominent office properties it was hired to market.
Most recently, HFF announced the […]
CBRE to Handle Management, Leasing for 4.2 MSF Houston Center
By Georgiana Mihaila, Associate Editor
As of the end of January 2012, CBRE Group Inc. assumed property management and leasing responsibilities for the 4.2 million-square-foot Houston Center. The firm, considered to be the world’s largest commercial real estate services firm, was […]