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Primoris Services is moving into the top floor of the Sugar Land Town Square’s Town Square One in the Houston suburb. The Dallas-based specialty construction and engineering company locked in a 25,352-square-foot, 10-year lease in the office space that was formerly occupied by Minute Maid, according to the Houston…
Houston-based industrial real estate investment and management firm SparrowHawk snagged a 20-property, 4.4 million-square-foot portfolio across six markets in the Midwest. The acquisition price was $400 million, and Stockholm-based global investment firm EQT was the seller, according to a statement from the…
Houston's oil-and-gas industry has built an ecosystem that extends beyond energy. For proof of that, look no further than Bristol Myers Squibb's new pharmaceutical plant. The post How Houston’s Biggest Industry Created Opportunities for Another appeared first on Texas Real Estate Research Center .
Constellation Real Estate Partners wants to build two warehouses — a 464,400-square-foot cross-dock and a 205,200-square-foot front-load facility in Seabrook, near the Port of Houston. The project will be on 60 acres on Red Bluff Road just east of State Highway 146. The project still needs city council approval.…
HOUSTON — Local owner-operator Clay Development & Construction has broken ground on Kennedy Greens Distribution Center V, a 63,440-square-foot speculative industrial project in North Houston. The project marks the final phase of development for the 145-acre Kennedy Greens South Business Park. Building features will…
Despite hitting a new active listings record, Houston’s housing market shows a tale of two economies. Single-family home sales in Texas’ most populous city saw the most positive momentum at two extremes: luxury homes above $1 million and budget buys under $100,000. Sales for homes priced at $1 million or above…
GREENFIELD, IND. — MDH Partners has acquired 70 Connect III, a 1 million-square-foot industrial building in Greenfield within metro Indianapolis. Developed by Lauth on a speculative basis, the property sits along West 350 North in the East industrial submarket. JLL represented the seller. MDH’s Houston Hawley led…
HOUSTON – (Realty News Report) – American Landmark Apartments, a Tampa-based multifamily company, acquired the 292-unit Park Avenue at Boulder Creek in southeast Houston. The apartment complex, located at 11575 Pearland Parkway will be the firm’s 14th asset in the Houston area. “Houston continues to distinguish…
Stream Realty Partners acquired a Downtown Houston block to build a 12-level garage with 2,053 spaces connecting to Houston Center.
HOUSTON – (Realty News Report) – Fifth Corner has kicked off the redevelopment of Village Corner, a midcentury retail center at 2400 Times Blvd. in the Village. Houston-based Fifth Corner acquired the property, which is located along Rice and Times Boulevards, just west of Morningside, last year. Michael Hsu…
HOUSTON — New Hope Housing has completed NHH Avenue C, an affordable seniors housing project in Houston’s Magnolia Park/East End neighborhood. The number of units in the age-restricted (55-plus) complex was not disclosed, but residences come in one-, two- and three-bedroom floor plans. Amenities include a…
WALLER COUNTY, TEXAS — Clay Development & Construction Inc. has broken ground on a 31,800-square-foot speculative industrial project in Waller County, located northwest of Houston. The building will be situated on a 2.4-acre site within Pederson West Business Park and will feature 120-foot truck court depths, 23…
AUSTIN – (By Dale King, Realty News Report) – A nationwide shortage of starter homes that peaked in 2022 is beginning to improve, says a newly released Realtor.com report. But the recovery is spotty and distributed unevenly across the U.S. The unequal distribution is the report’s starkest discovery. Starter home...…
A former Kroger location in Hedwig Village is being transformed into a Sprouts Farmers Market. The store is currently scheduled to open in 2027. The Houston Business Journal reports construction crews are renovating the 46,268-square-foot former Kroger space at 9325 Katy Freeway in the Echo Lane shopping center.…
HOUSTON – (Realty News Report) – Camden Property Trust, a Houston-based apartment REIT, has sold 11 California apartment complexes with 3,260 units for $1.625 billion to a BlackRock investment fund. Earlier this year, Camden announced this plan to sell its California apartments and redeploy the money to multifamily…
BROOKSHIRE, TEXAS — Local owner-operator Clay Development & Construction Inc. has broken ground on two industrial buildings totaling 552,240 square feet in Brookshire, a western suburb of Houston. The 291,720-square-foot Twinwood Distribution Center IV and the 260,520-square-foot Twinwood Distribution Center V are…
KATY, TEXAS — BGO, the institutional investment firm formerly known as BentallGreenOak, has acquired a two-property industrial portfolio totaling 299,520 square feet in the western Houston suburb of Katy. Known as Heritage West and completed earlier this year, the portfolio comprises front-load buildings totaling…
BROOKSHIRE, Texas – (Realty News Report) – GPI Crest, a joint venture led by brothers Vincent Giammalva and Charlie Giammalva – both veterans in the Houston real estate community – is developing a 202,284-SF industrial project in Brookshire, west of Houston. Vincent Giammalva has been active in the Houston land...…
CHARLOTTE, N.C. — A joint venture between Houston-based Hines and locally based Harris Land Co. plans to develop The Gallery SouthPark, a mixed-use campus located along Carnegie Boulevard in Charlotte’s SouthPark district. The mixed-use property will comprise a 250,000-square-foot, Class A office building;…
Capital Economics analyzes net operating income growth trends across US office markets, identifying Southern metros including Miami, Dallas, and Houston as leaders in occupancy and rent expansion.
HOUSTON – (Realty News Report) – The owners of the Houston Center complex have acquired a full city block in downtown where they will build a 12-story parking garage. New Skybridge Connection to Houston Center The new garage, which will have 2,053 parking spaces, a skybridge connection to One Houston Center,... The…
Swapnil Agarwal’s Nitya Capital saved a Dallas apartment property from foreclosure with a refinancing deal. The Houston multifamily syndicator secured a loan from Morgan Stanley for The Interlace Apartments, according to a release from Nitya. The release did not specify the size of the loan. The refinancing deal…
HOUSTON — Camden Property Trust (NYSE: CPT) has sold an 11-property, 3,620-unit apartment portfolio in Southern California for approximately $1.6 billion. The buyer was an investment entity managed by BlackRock… The post BlackRock Acquires 11-Property Camden Property Trust Portfolio for $1.6B appeared first on…
Bristol Myers Squibb is set to invest $2.3B in Houston's Generation Park for a modular pharma campus, creating 500 jobs.
Bristol Myers Squibb (BMS) selected Houston as the site for a new, multi-modal manufacturing campus, representing an approximately $2.3 billion investment designed to accelerate the delivery of next-generation medicines to patients. The campus, at Generation Park in Houston, will create nearly 500 skilled jobs and…
HOUSTON – (Realty News Report) – Bristol Myers Squibb announced plans to build a 600,000-SF pharmaceutical manufacturing campus in the Generation Park development in Northeast Houston. “This investment reflects our confidence in America’s continued leadership in biopharmaceutical innovation,” said Christopher…
HOUSTON — Fairfield Residential has completed 1010 Waugh, a 340-unit multifamily project in Houston’s Montrose district. Designed by Dallas-based KTGY, the 14-story building offers studio, one- and two-bedroom units that range in size from 539 to 1,612 square feet. Residences are furnished with stainless steel…
CYPRESS, TEXAS — Newmark has arranged a $52 million loan for the refinancing of Cantera at Towne Lake, a 366-unit multifamily property in the northwestern Houston metro of Cypress. Built in 2008 within the Towne Lake master-planned community, the property offers one-, two- and three-bedroom units and amenities such…
SESCO Cement has selected a location at Central Park Post Oak in Houston for its new U.S. headquarters, marking a corporate relocation decision.
Avison Young released its Q2 2026 industrial market analysis for the Houston region.
Avison Young published a quarterly market analysis covering Houston office sector conditions and trends.
HOUSTON – Quannah Partners has acquired a site at Holmes Road and Alternate Highway 90 for the development of SouthMain 90 Park in southwest Houston. The Denver-based company announced the acquisition of a 7.84-acre infill site with access to Loop 610, Beltway 8, Highway 288, the Texas Medical Center, and... The…
This week in Houston real estate news, Stotan Industrial is building a 345K SF facility, a grocery store portfolio trades, and more.
BH Properties, a value-add real estate investment firm with regional offices in Dallas, Austin, and Houston, completed the acquisition of Tollway North Office Park, a 297,591-square-foot, seven-building business park in Plano, Texas. The acquisition follows the firm’s February 2025 purchase of the adjacent R&D at…
Cabot Properties sold an eight-building modern industrial portfolio totaling approximately 2.4 million square feet across Dallas-Fort Worth and Houston, Texas. The portfolio was acquired by a private real estate investment firm. Five of the properties are in the Dallas-Fort Worth submarkets of South Dallas,…
Construction hasn’t even begun on Ritz-Carlton Residences Houston, but the developers behind the $290 million project are already mired in legal trouble. Jacob Sudhoff, Texas real estate wunderkind and former CEO of Douglas Elliman Texas, sued an entity affiliated with the forthcoming branded condo-hotel project’s…
HOUSTON – (Realty News Report) – Reliable Properties has acquired a portfolio of four Sellers Bros. grocery store properties in Houston and Pasadena. The stores, sold by Sellers Bros Investments Ltd., will continue to operate as Sellers Bros. grocery stores, according to Rockspring Properties. Cotton Munson, Mike…
Houston office rental rates are on the rise as quality buildings see more than 90% occupancy, but lower-class buildings suffer.
SAN ANTONIO – (Realty News Report) – Partners Real Estate announced new leases at Park North Shopping Center, a 635,000-SF center in San Antonio acquired by Houston-based Dhanani Private Equity Group last year. When announced in December 2025, Park North Shopping Center was the biggest shopping center sale in…
HOUSTON — Stena Real Estate AB, the American ownership arm of Swedish investment company Stena Property, will renovate Woodbranch Plaza, a 580,558-square-foot office campus located in the Energy Corridor submarket of West Houston. Woodbranch Plaza is a four-building campus that offers amenities such as a fitness…
GALVESTON, Texas – (Realty News Report) –- Tiara on the Beach, a 10-story condominium project under construction in Galveston, is slated to open in the summer of 2027. “Tiara on the Beach’s construction milestone marks a pivotal moment in the development of Galveston’s first new condominium project in 15 years,”...…
HOUSTON — Camden Property Trust (NYSE: CPT) has sold an 11-property, 3,620-unit apartment portfolio in Southern California for approximately $1.6 billion. The buyer was a BlackRock-managed investment entity. According to… The post BlackRock Acquires 11-Property Camden Portfolio for $1.6B appeared first on…
Lightstone Capital, Lightstone’s real estate debt platform, recently closed three originations totaling $70 million across California and Texas. The financings include two multifamily communities in the San Diego region and an industrial property in the greater Houston logistics corridor. In California, Lightstone…
HOUSTON – (Realty News Report) – Discount stores including Nordstrom Rack, Burlington, HomeGoods, and dd’s Discounts are scooping up vacant retail spaces as they expand in the Houston market. Nordstrom Rack, the off-price retail division of Nordstrom with five locations in Houston, will take over a former Bed, Bath…
HOUSTON — The University of St. Thomas has broken ground on a 400-bed residence hall project on the institution’s campus in Houston. The 95,000-square-foot development will include a dedicated chapel and prayer room, courtyard and multi-use lounges and collaborative study zones. Units will be offered in two-,…
HOUSTON — Lindenmeyr Munroe has signed a 100,043-square-foot industrial lease in North Houston. The distributor of printing and packaging paper is taking space at Building 3 of Patriot Business Park, a newly constructed, three-building development that was formerly known as Veterans Memorial Business Park. Tyler…
Talonvest Capital secured a $47.6 million permanent loan on behalf of The Jenkins Organization and Clark Investment Group for a six-property self-storage portfolio located across five high-growth Texas markets, including Austin, McKinney, Frisco, Houston (shown) and Bee Cave. The institutional-quality portfolio…
HOUSTON – (Realty News Report) – Stotan Industrial, a national real estate development firm based, in Chicago, has acquired 20 acres near George Bush Intercontinental Airport where it will build its first industrial project in Houston. The new development, called Stotan Crossings 45, will break ground in the third…
AUSTIN – (Realty News Report) – The 111 Congress Avenue building in downtown Austin has been sold for $208 million or about $400 per SF, according to the seller, Cousins Properties. The 30-story tower was acquired by Canyon Creek Real Estate of Fort Worth. The seller is Cousins Properties, an... The post Downtown…
Stotan Industrial has acquired an approximately 20-acre property at 711 Rankin Road in Houston through an off-market transaction and plans to develop Stotan Crossings 45, a 345,286-square-foot Class A industrial facility. The project marks Stotan’s entry into the Houston market and expands its Texas development…
HOUSTON – (Realty News Report) – Resia Ten Oaks, a 573-unit apartment high-rise in the Energy Corridor, has been sold along with another Texas property in a nearly 900-unit portfolio deal. Spirit Investment Partners, in partnership with global alternative investment firm Strategic Value Partners, announced the…
Integrity Community Builders (ICB) and PCCP have formed a programmatic joint venture to develop build-to-rent (BTR) communities across the U.S., Commercial Observer can first report. The new JV will marry Houston-based ICB’s experience in land acquisition, development and construction with PCCP’s institutional…
Strategic Value Partners acquired a 895-unit multifamily portfolio from Resia. The portfolio comprises the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas. Completed in 2024, the Resia Ten Oaks and Resia Rayzor Ranch properties are high quality multifamily…
DALLAS AND HOUSTON — Newmark has arranged the recapitalization of a portfolio of five seniors housing properties totaling 1,546 units that are located throughout the Dallas and Houston areas. The properties include: The Tradition-Clearfork in Fort Worth, The Tradition-Lovers Lane and The Tradition-Prestonwood in…
BROOKSHIRE, TEXAS — JLL has negotiated the sale of Twinwood Distribution Center III, a 767,520-square-foot industrial building in the western Houston suburb of Brookshire. Built in 2024, the property features 40-foot clear heights, 179 dock-high doors, 185-foot truck court depths and approximately 2,600 square feet…
FREDERICKSBURG, TEXAS — Houston-based developer DC Partners has topped out a 210-room hotel in the Central Texas city of Fredericksburg that will be operated under IHG Hotels & Resorts’ Kimpton brand. Designed by Merriman Anderson Architects with interiors by Curioso, the Kimpton Fredericksburg will be located…
This week in Houston real estate news, Avison Young has a new market leader, an Orlando firm expands its Downtown Houston office holdings, and more.
HOUSTON – (Realty News Report) – The Wideman Company acquired the TotalEnergies Tower, a 35-story, 850,000-SF office tower located at 1201 Louisiana Street in the heart of Downtown Houston. The skyscraper, built in 1971, is home to The Petroleum Club, one of Houston’s most storied private clubs. The club is... The…
OHT Partners has begun construction of a 360-unit apartment complex called Park Row at 14192 Park Row Blvd. in Houston. OHT recently broke ground on another project, 5 miles to the west on Park Row Boulevard. Dubbed Park Row, it will have 11 three-story buildings, a clubhouse, a pet spa and a bike storage facility…
Expects to energize up to 8GW of data center load in the Greater Houston area by 2029