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Deal of the Week: Houston LNG co. leases 984 acres for South Texas export facility
News 3 months ago
Deal of the Week: Houston LNG co. leases 984 acres for South Texas export facility

Houston-based NextDecade Corp. (Nasdaq: NEXT) has secured land for a large-scale liquefied natural gas export terminal along the Port of...

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It’s official: Kroger’s autonomous grocery delivery service launches in Houston
News 3 months ago
It’s official: Kroger’s autonomous grocery delivery service launches in Houston

After hinting that a Texas expansion was in the works, The Kroger Co. (NYSE: KR) and driverless vehicle company Nuro have launched their autonomous...

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Oxberry Group to convert old Midtown warehouses into new retail project
News 3 months ago
Oxberry Group to convert old Midtown warehouses into new retail project

A developer wants to convert a nearly 1-acre tract where four 1960s-era warehouses stand into a prime Midtown retail destination. The Crossing at...

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Texas Medical Center area has more tenants moving out than moving in
News 3 months ago
Texas Medical Center area has more tenants moving out than moving in

In the final months before TMC3 breaks ground, the Texas Medical Center area's real estate performance leaves something to be desired. Since 2017,...

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Alliance Residential's Vintage Park apartments will break ground soon, developer says
News 3 months ago
Alliance Residential's Vintage Park apartments will break ground soon, developer says

Phoenix-based Alliance Residential will soon break ground on a nearly 20-acre vacant tract adjacent to the restaurant and retail destination...

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Tesla reverses plan to close nearly all stores, will raise price of higher-end cars
News 3 months ago
Tesla reverses plan to close nearly all stores, will raise price of higher-end cars

Tesla Inc. is killing a controversial plan to close virtually all of its retail stores, saying it crunched the numbers and decided it was a bad...

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Health-focused restaurant chain to open 3rd Houston location in new Heights development
News 3 months ago
Health-focused restaurant chain to open 3rd Houston location in new Heights development

Phoenix-based restaurant chain Flower Child just opened its second Houston-area location and has announced plans for a third. The newest location...

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Houston developer buys land for new luxury high-rise condo near River Oaks
News 3 months ago
Houston developer buys land for new luxury high-rise condo near River Oaks

Houston-based Randall Davis Co. bought a nearly half-acre tract of land at 3723 Westheimer and will start construction by the end of the year on a...

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Deal of the Week: Downtown tower undergoing renovations inks two big leases
News 3 months ago
Deal of the Week: Downtown tower undergoing renovations inks two big leases

Houston-based Direct Energy and the Houston office of San Francisco-based Gensler both announced they will move into 2 Houston Center. The Houston...

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Charlotte Russe closing all stores including those in Houston
News 3 months ago
Charlotte Russe closing all stores including those in Houston

Yet another mall-centric fast-fashion retailer is shuttering all of its stores, leaving vacancies in nine Houston-area malls. Charlotte Russe,...

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Nearly 400 Family Dollar locations could shutter in 2019, with several more changes planned for stores
News 3 months ago
Nearly 400 Family Dollar locations could shutter in 2019, with several more changes planned for stores

Dollar Tree will close up to 390 Family Dollar stores in fiscal 2019 - if it doesn't receive rent concessions from landlords on underperforming...

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Hines to pour concrete for 47-story office tower in downtown Houston this weekend
News 3 months ago
Hines to pour concrete for 47-story office tower in downtown Houston this weekend

Houston-based real estate firm Hines plans to pour the concrete mat foundation for its latest downtown Houston tower this weekend. and take between...

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Houston among most active markets for multifamily investment in 2018, report finds
News 3 months ago
Houston among most active markets for multifamily investment in 2018, report finds

In 2018, Houston was the sixth-most active market for multifamily investment, up four spots from the year before, according to an investment...

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Gensler to move Houston office to downtown tower undergoing renovations
News 3 months ago
Gensler to move Houston office to downtown tower undergoing renovations

San Francisco-based Gensler is moving its 288-person Houston office to a new downtown spot. The architecture firm currently is in Pennzoil Place...

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In U-turn, Tesla closing retail stores
News 3 months ago
In U-turn, Tesla closing retail stores

Tesla Inc. plans to shutter most of its retail stores and shift the bulk of its global sales to online-only, the California-based electric car...

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Photos: See the first Houston location of Austin-based coworking concept Firmspace
News 3 months ago
Photos: See the first Houston location of Austin-based coworking concept Firmspace

A new coworking space that counts soundproof offices, screened walls for added privacy and on-tap wine after 4 p.m. among its amenities will...

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Exxon Mobil, another energy co. ink leases in former CB&I HQ in The Woodlands
News 3 months ago
Exxon Mobil, another energy co. ink leases in former CB&I HQ in The Woodlands

Two more energy companies have leased space the former CB&I headquarters in The Woodlands, now called Lake Front North at Hughes Landing. Irving,...

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H-E-B hit with patent infringement lawsuit over self-checkout app
News 3 months ago
H-E-B hit with patent infringement lawsuit over self-checkout app

A Canadian technology startup alleges that San Antonio-based H-E-B LP is infringing on its patents related to the mobile checkout application that...

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Gap Inc., Old Navy to become to separate public companies
News 3 months ago
Gap Inc., Old Navy to become to separate public companies

San Francisco-based Gap Inc. (NYSE: GPS) will soon break apart into two separate publicly traded companies following a decision to spin Old Navy...

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Houston's retail, industrial, office commercial real estate 2019 forecast looks strong
News 3 months ago
Houston's retail, industrial, office commercial real estate 2019 forecast looks strong

It's hard to sum up 2018's real estate market in a few words. Houston's office market was "a tale of two halves," as JLL's Bubba Harkins said in...

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AMC Theatres opens first new Houston-area location in more than 20 years
News 3 months ago
AMC Theatres opens first new Houston-area location in more than 20 years

AMC Metropark Square 10 will open March 1, according to a press release from Kansas-based AMC Entertainment Holdings Inc. (NYSE: AMC). This is the...

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Direct Energy to move HQ from Greenway Plaza to Houston Center
News 3 months ago
Direct Energy to move HQ from Greenway Plaza to Houston Center

Houston-based Direct Energy, a subsidiary of London-based Centrica PLC, will move its headquarters from Greenway Plaza to downtown's Houston Center...

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Large Houston law firm to renovate parts of downtown Houston office
News 3 months ago
Large Houston law firm to renovate parts of downtown Houston office

Hunton Andrews Kurth LLP, one of the largest law firms in Houston, plans to renovate portions of its downtown office, according to multiple public...

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Houston's retail and office markets to grow in 2019
News 3 months ago
Houston's retail and office markets to grow in 2019

Houston's retail market looked strong in the fourth quarter of 2018, especially in the Galleria/Uptown area, according to a report from Chicago...

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HUD gives $652M more for Texas disaster relief; delays $4.3B until May
News 3 months ago
HUD gives $652M more for Texas disaster relief; delays $4.3B until May

The U. S. Department of Housing and Urban Development approved $652 million of additional funding for Texas to use immediately toward its continued...

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Developer plans 320-acre community partially in floodplain, floodway north of Katy
News 3 months ago
Developer plans 320-acre community partially in floodplain, floodway north of Katy

A developer seeks variances from the city of Houston planning commission for a new community near the western edge of Harris County. Houston-based...

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Texadelphia cheesesteak chain leases space for Katy, Vintage Park locations
News 3 months ago
Texadelphia cheesesteak chain leases space for Katy, Vintage Park locations

Texadelphia Bar & Grill, known for its Texas-inspired Philly cheesesteaks, inked two deals to open locations in Katy and Vintage Park in far...

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EnVen Energy Corp. signs lease at 609 Main
News 3 months ago
EnVen Energy Corp. signs lease at 609 Main

Houston-based EnVen Energy Corp., an independent oil and natural gas firm, will soon relocate its offices to 609 Main. The energy company signed an...

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Lovett Commercial to convert UH-area former Macy's discount center site into new office, retail project
News 3 months ago
Lovett Commercial to convert UH-area former Macy's discount center site into new office, retail project

Houston-based Lovett Commercial could start construction next month on a new retail and office development near the University of Houston, where an...

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Deal of the Week: Two Houston-area community banks to merge, creating $1.4B bank
News 3 months ago
Deal of the Week: Two Houston-area community banks to merge, creating $1.4B bank

Texas City-based Texas Independent Bancshares, the parent company of Texas First Bank, will scoop up Houston-based Preferred Bancshares Inc., the...

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