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This Week's Houston Deal Sheet
News 1 year ago
This Week's Houston Deal Sheet

Grand Morton Town Center in Katy is expanding. With pre-leases from HomeGoods, Michaels, Petco and Hallmark, NewQuest will break ground in a couple...

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The Worst Is Behind Us: Houston's Office Vacancy Rate Fell In Q2
News 1 year ago
The Worst Is Behind Us: Houston's Office Vacancy Rate Fell In Q2

In a long battle against the oil downturn, the Houston office sector is finally turning the corner. It made a sharp momentum swing in Q2 with a...

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Texas Retail Responds To Changes With Delivery Slowdown
News 1 year ago
Texas Retail Responds To Changes With Delivery Slowdown

Texas has countered the demise of retailers nationwide and the rocket launch of online shopping with a slowdown in retail deliveries, a key to the...

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Houston Officials To Vote Whether To Bring W Hotel To Downtown
News 1 year ago
Houston Officials To Vote Whether To Bring W Hotel To Downtown

Houston First, the city's convention arm, is scheduled to vote Thursday on a deal to build a W Hotel in Downtown Houston. The hotel will be atop...

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After Developing Resorts, Hotels And Airports Across The World, Gensler Co-Manager Hunter Clayton Lands Back In Houston
News 1 year ago
After Developing Resorts, Hotels And Airports Across The World, Gensler Co-Manager Hunter Clayton Lands Back In Houston

Hunter Clayton is a man who does not back down from a challenge and hasn't stayed in one place for very long. In 2010, MGM Resorts International,...

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This Week's Houston Deal Sheet
News 1 year ago
This Week's Houston Deal Sheet

CBRE was selected to sell several properties for Coca-Cola Southwest Beverages, including a 15.6-acre lot at 2800 Bissonnet St. In May, the...

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NAI Partners' Private Equity Arm Buys Its First Industrial/Flex Park
News 1 year ago
NAI Partners' Private Equity Arm Buys Its First Industrial/Flex Park

The investment wing of NAI Partners purchased Wells Fargo Business Park, a 104K SF business park. The two-building, one-story office complex is in...

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2 New Ways Small Businesses Are Overcoming Hurdles To Finding Office Space
News 1 year ago
2 New Ways Small Businesses Are Overcoming Hurdles To Finding Office Space

When it comes to leasing office space, small and midsize tenants are an underserved market. “A significant percentage, upward of 70 to 80%, of the...

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AstroWorld No More: Landowner Houston Rodeo Plans To Build Educational Building
News 1 year ago
AstroWorld No More: Landowner Houston Rodeo Plans To Build Educational Building

Though AstroWorld these days is just a dirt patch used primarily as a parking lot for the Houston Livestock Show and Rodeo, the long-shuttered Six...

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Mexico-Based Equity Firm Buys Trophy Office Plaza In Houston
News 1 year ago
Mexico-Based Equity Firm Buys Trophy Office Plaza In Houston

A Mexico-based private equity firm is looking to expand its portfolio in the Houston market. The Aztec Fund Inc. acquired Westway Plaza, a 313K SF...

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AstroWorld No More: Landowner Houston Rodeo Considers Plans To Build Educational Building, Event Space
News 1 year ago
AstroWorld No More: Landowner Houston Rodeo Considers Plans To Build Educational Building, Event Space

Though AstroWorld these days is just a dirt patch used primarily as a parking lot for the Houston Livestock Show and Rodeo, the long-shuttered Six...

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See How These Houston Real Estate Execs Spent Their Summer Vacations This Season
News 1 year ago
See How These Houston Real Estate Execs Spent Their Summer Vacations This Season

It is already August and the industry is halfway through one of its slowest seasons of the year: summer. With only two months left to sunbathe on...

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This Week's Houston Deal Sheet
News 1 year ago
This Week's Houston Deal Sheet

An apartment complex in the Memorial City area is changing hands. Houston-based Hilltop Residential purchased Villas at Bunker Hill, a 398-unit,...

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Houston's Apartment Affordability Persists With Rents Slightly Down In July
News 1 year ago
Houston's Apartment Affordability Persists With Rents Slightly Down In July

Houston's apartment rents remain cheaper than those in most major metros in the country. The price tag for the average one-bedroom unit in Houston...

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Sublease Office Leasing Activity Down Nearly 30% In Q2
News 1 year ago
Sublease Office Leasing Activity Down Nearly 30% In Q2

Houston's office vacancy is about to take a hit as the sublease market dumps space through expirations. Houston will return 43 full floors of...

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View From The Clouds: Transwestern EVP Justin Brasell Is Passionate About Skydiving And Skyscrapers
News 1 year ago
View From The Clouds: Transwestern EVP Justin Brasell Is Passionate About Skydiving And Skyscrapers

Whether he is closing million-dollar healthcare real estate deals, skydiving over the Swiss Alps in Switzerland or indulging an infatuation with...

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This Week's Houston Deal Sheet
News 1 year ago
This Week's Houston Deal Sheet

Hines began construction on Grand National Business Park, a 107-acre industrial-driven mixed-use project in Northwest Houston. The firm purchased...

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Lovett Commercial Announces Plans For Former Downtown Post Office
News 1 year ago
Lovett Commercial Announces Plans For Former Downtown Post Office

Houston-based Lovett Commercial has finalized renovation plans for the former Barbara Jordan Post Office in Downtown. The asset was acquired in...

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Food Hall, Rooftop Park And Music Venue Planned For Former Barbara Jordan Post Office Downtown
News 1 year ago
Food Hall, Rooftop Park And Music Venue Planned For Former Barbara Jordan Post Office Downtown

Houston-based Lovett Commercial has finalized renovation plans for the former Barbara Jordan Post Office in Downtown. The asset was acquired in...

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Asking Rents In Houston Retail On The Rise
News 1 year ago
Asking Rents In Houston Retail On The Rise

Houston continues to withstand the retail woes shaking up the national scene, though Q2 was a bit of a mixed bag here. Retail asking rents in...

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Here Is One Thing Millennials Are Good For: Driving Development In Midtown
News 1 year ago
Here Is One Thing Millennials Are Good For: Driving Development In Midtown

Millennials get blamed for a lot of things, but Midtown is thriving because of them. Developers and investors are rushing to provide the apartments...

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Midtown: A Place For Millennials To Eat, Play And Sleep
News 1 year ago
Midtown: A Place For Millennials To Eat, Play And Sleep

Millennials get blamed for a lot of things, but Midtown is thriving because of them. Developers and investors are rushing to provide the apartments...

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The 10 Largest Office Blocks Available In Houston
News 1 year ago
The 10 Largest Office Blocks Available In Houston

The excessive amount of available office space in Houston held steady through Q2, even as the city’s economy rallied from Hurricane Harvey and the...

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Reports: Memorial Hermann Sale Sets National Pricing Record
News 1 year ago
Reports: Memorial Hermann Sale Sets National Pricing Record

The acquisition of Memorial Hermann Medical Plaza this week set national records. Chicago-based LaSalle Investment Management, along with its...

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This Week's Houston Deal Sheet
News 1 year ago
This Week's Houston Deal Sheet

One of the largest industrial sales so far this year in Houston closed this week. Northwest Houston Industrial LLC purchased a 19-building, 459K SF...

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Competition Explodes For Inner Loop Redevelopment
News 1 year ago
Competition Explodes For Inner Loop Redevelopment

Demand for infill property is strong in the Inner Loop. To continue to meet consumers’ demands for a centralized location and access to...

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Modernized Medical Office Building To Break Ground In Katy
News 1 year ago
Modernized Medical Office Building To Break Ground In Katy

Katy is getting more medical office. Houston developer Wile Interests is starting construction on a 75K SF Class-A medical office project, Medical...

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There Is A Reason We Are So Infatuated With Skylines
News 1 year ago
There Is A Reason We Are So Infatuated With Skylines

When Stephen McClure, chief operating officer of The Spectrum Cos., needs to recharge during the workday, he glances out over Charlotte’s high...

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Downtown Houston To Get Another Luxury Office High-Rise
News 1 year ago
Downtown Houston To Get Another Luxury Office High-Rise

Is Houston ready for another major office building Downtown? Well, Hines and Ivanhoé Cambridge think so. The duo announced plans Wednesday to...

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Office Space In Houston Remains In Surplus
News 1 year ago
Office Space In Houston Remains In Surplus

Even as the Houston economy rebounds positively from the oil bust and Hurricane Harvey, the office space market remains oversupplied. A new report...

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