Houston
Morgan to Break Ground on Luxury Apartment Community
The Morgan Group, Inc., a leader in high-end multifamily development, construction, and property management, announced plans to add another amenity-rich residential complex to its Houston portfolio under the Pearl brand.
Carroll Purchases Three-Property Portfolio from Camden
Formerly owned by Camden Property Trust, the portfolio consists of Camden Bay Pointe and Camden Citrus Park in Tampa and Camden Habersham in Charlotte.
MetLife Provides $161.5M in Financing for Houston Office Tower; Noble Energy Center One Changes Hands
MetLife, Inc. has provided $161.5 million in financing to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors that has acquired Marathon Oil Tower in Houston.
New Class A Office Building Tops Out at BriarLake Campus
Dallas-based TIER REIT announced the topping out of Two BriarLake Plaza, a 12-story, 332,000-square-foot office tower in the heart of Houston’s Westchase District.
Lionstone Group Grabs Landmark Office Tower in Houston’s CBD
The Lionstone Group completed the acquisition of 712 Main Street in Houston’s CBD, in a deal that marks the first time the landmark property has been offered for sale on an individual basis since its construction in 1929.
Statoil to Double Footprint at CityWestPlace, Expand Lease to 581,000 SF
Statoil Gulf Services L.L.C., the U.S. upstream wholly-owned subsidiary of Norwegian energy titan Statoil ASA, entered into a long-term agreement to expand and extend its lease at CityWestPlace, which serves as the company’s North American headquarters.
HFF Secures $188.8M Financing for Post Oak Central
By Amalia Otet, Associate Editor Commercial real estate and capital markets service provider HFF has secured $188.8 million in financing for Post Oak Central, a three-building office, retail and parking complex in Houston’s Galleria area. Working exclusively on behalf of Atlanta-based Cousins Properties Inc., HFF placed the seven-year, non-recourse, fixed-rate mortgage loan with TIAA-CREF, according […]
Affordable Housing Community for Veterans Opens
The City of Houston recently celebrated the official opening of Travis Street Plaza, a new 192-unit permanent housing community for very low-income, homeless, and disabled veterans.
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 […]
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.