Regions Southwest | Houston
286,000-SF Sale-Leaseback Deal Incorporates Houston Food Distributor's Expansion
Two years after developing its 286,000-square-foot Houston headquarters and distribution center, Glazier Foods Co. Inc. has sold the Class A property in a triple-net sale-leaseback transaction with GSL Welcome Group L.L.C.
Colliers International, PKF Capital List Houston's Historic Humble Oil Building for Sale
The historic Humble Oil Building in Houston has been listed for sale by a team that includes PKF Capital, Colliers International - Dallas, and Colliers International multi-family Houston.
37-Acre Mixed-Use Project to Open in Houston in 2009
Midway Companies recently unveiled plans for CityCentre, its 1.8-million-sq.-ft. mixed-use project in Houston featuring 650 residential units, 400,000 square feet of retail, restaurants and entertainment, a 144,000-sq.-ft. urban Life Time Athletic fitness facility and 425,000 square feet of Class A office space.
Equity Based Services Adds 2 Properties to Growing Self-Storage Portfolio
With the addition of two self-storage facilities in one of the hottest markets in the country, San Diego-based Equity Based Services Inc. (EBS) brings its portfolio of self-storage properties to 55 across 10 states, totaling more than $250 million.
HFF Closes Self-Storage, Office Sales in Texas
Holliday Fenoglio Fowler L.P. has closed two substantial deals with Texas roots, it has reported. Its Houston-based self storage group completed the sale of a 21-property self storage portfolio with facilities in Florida, Texas, Colorado, Kentucky and Ohio. And its Dallas office announced that it had finalized the sale of the Pyramids at Park Lane in that city.
travis tower Houston Office Market Continues to Flourish
Over the course of a couple of days, the Houston office of real estate services firm CB Richard Ellis Inc. represented several clients in long-term leases in the city for a total of more than 60,000 square feet.
air cargo centre II Trammell Crow Brings Air CargoCentre II Online in Houston
Trammell Crow Co. has opened a new 61,500-square-foot air cargo handling facility at the George Bush Intercontinental Airport in Houston (IAH). The cost of the facility was not disclosed.
Finger Cos. Breaks Ground on Houston High-Rise
The topping out of the first luxury high rise rental apartment tower in downtown Houston in more than 40 years was celebrated today with 700 construction workers and invited guests, including Houston’s Mayor Bill White, in attendance. Developed by Finger Cos., the 37-story One Park Place in Houston, Tex., will have 346 rental residences, 12 on each floor, adjacent to the 12-acre Discovery Green, the new downtown park.
Construction Begins on Lakeview Business Park Phase I
Phase I of Lakeview Business Park, a new spec industrial development project has begun.
Houston-Area Master-Planned Community to Include School
With construction slated to start in November on the master-planned 3,000-acre Woodforest Development in the Houston suburb of Conroe, the Conroe Independent School District has purchased 16.16 acres of the project for an elementary school.
Reid Appointed to White House National Infrastructure Advisory Council
CB Richard Ellis Group Inc. said todaythat Jim Reid, president of the company’s Eastern Division, has been appointed by President George W. Bush to the National Infrastructure Advisory Council.
Behringer Harvard Sells Houston Office Property
Behringer Harvard announced today the sale of Enclave on the Lake, an approximately 171,000-square-foot office building in the Energy Corridor of west Houston, Texas.
KDC to Expand Operations
KDC plans to open new offices in Chicago, Washington, D. C. and the San Francisco Bay area by the end of the year, as well as expanding its Houston operations, the company said today.
interport First Industrial Inks Tenant to 500,000 SF Near Houston Ports
Houston-based third-party logistics firm Palmer Logistics has leased almost 500,000 square feet of warehouse space from First Industrial Realty Trust at InterPort Distribution Center in the Houston suburb of Pasadena.
Phillips Development Hires Jones as Site Acquisition Associate, Taps Peek as Corporate Leasing Director
Phillips Development & Realty L.L.C. hired Kolby Jones as a site acquisition associate and Cyndie Peek as a corporate leasing director, the company said today.
Holliday Fenoglio Arranges $23M Construction Loan for Houston Office Development
The Houston office of Holliday Fenoglio Fowler L.P. arranged a $23.5 million construction loan for a speculative class A, 180,000-square-foot office development in The Woodlands, Tex.
Starwood Land, Riverway Properties Form JV to Invest in Houston Residential Market
Starwood Land Ventures L.L.C. has formed a joint venture partnership with Riverway Properties, a Houston-based residential community developer, companies announced today.
Panel Sees Positives for Houston Office Market
The run-up in oil and gas prices has roiled the U.S. economy, but it has had a positive impact on the Houston office market, according to a panel of leading office brokers who convened on Tuesday at CPN's Houston Property Opportunities Conference.
Conference Keynote: High Energy Costs, Falling Dollar Boost Houston
High energy costs have helped oil and gas companies expand, and a falling dollar has helped boost exports from the Port of Houston, said Jeff Moseley, president & CEO of the Greater Houston Partnership, who keynoted this morning’s Houston Property Opportunities Conference, presented by CPN.
Lofts at the Ballpark Houston Apartment Complexes Sold to Out-of-State Investors
In a market where employment continues to grow, a luxury apartment complex in Downtown Houston and another in the Westchase submarket were sold to out-of-state buyers.
Houston Office Brings in $131M
Ownership of One City Centre in Houston's Central Business District has officially changed hands in a deal valued at $131 million. Broadway Partners sold the 608,600-square-foot high-rise to Behringer Harvard REIT I Inc.
Census Bureau Signs Short-Term Leases for 12,000 SF
Gearing up for the 2010 Census, the U.S. Census Bureau has inked two separate lease deals with Whitestone REIT for a total of 12,000 square feet of office space at two Houston, Tex. locations.
$27M Financing for West Pointe Center
Financing in the form of a construction loan and joint venture equity accounting for an aggregate $27 million has closed for West Pointe Center, a 166,400-square-foot spec office project in western Houston, Tex.
$32M Financing Deal Closes for MF Portfolio
A financing package valued at $32 million has been put in place for the purchase of a 1,265-unit multifamily portfolio in Houston, Tex.
Hogan & Hartson to Relocate Houston Office to Bank of America Center
Studley announced today that Hogan & Hartson L.L.P., has signed a 10-year lease to occupy the entire 43rd floor, 17,519 square feet, of Bank of America Center, located at 700 Louisiana Street in Houston, Tex.
 

Houston Commercial Property Value in Perspective


Nationwide, commercial property values have continued to fluctuate. Houston attracts many top-tier companies and commercial property is a hot commodity. Trust Commercial Property News to bring you all the latest happenings in Houston commercial property developments.