Regions Southwest | Houston
Contractor Chosen for Conversion of Prison into Museum
May 08, 2008
The Houston Chronicle reports that the Sugar Land City Council recently tapped E.E. Reed Construction L.P. to serve as general contractor on a project that will transform the 43,000-square-foot former Central State Farm Prison Building into a space to house part of the new Houston Museum of Natural Science at Sugar Land.
Vista Picks JLL To Rep Mixed-Use in Houston
May 07, 2008
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
Furniture Retailer to Open Houston Store
May 05, 2008 - Source: Houston Chronicle
Finger Furniture is planning a full-line store for the College Park Shopping Center in The Woodlands.
KBR Projects KBR Plans 1MSF Office Complex in Houston Suburb
May 05, 2008
As the Energy Corridor of Houston moves outward toward the suburb of Katy, Houston-based KBR plans to ink a deal for almost 1 million square feet of office space in a long-term lease in a campus off Grand Parkway and Interstate 10. Financials of the deal were not disclosed.
Williams Hines REIT Acquires $272M Houston Office Tower
May 02, 2008
Houston-based Hines REIT has acquired the 1.5 million-square-foot, 64-story Williams Tower--a property Hines originally developed and sold--for $271.5 million.
Broadway Partners Leases to Waste Management in Houston
May 02, 2008
New York-based Broadway Partners has announced that Waste Management Inc. has signed a 10-year lease extension for 181,000 square feet at downtown Houston’s One City Centre.
5POP.exterior. Shorenstein Acquires Second Houston High-Rise in 7 Months
May 01, 2008
In its second major purchase in the Galleria submarket of Houston since October, San Francisco-based Shorenstein Properties L.L.C. acquired the Class A office tower 5 Post Oak Park for an undisclosed amount.
Elkins Joins Hughes Watters Askanase as Special Counsel
May 01, 2008
Hughes Watters Askanase L.L.P. said today that Randy Elkins has joined the Houston-based law firm as special counsel to the real estate and finance practice group.
1100 louisiana Energy Firm Renews, Expands Houston Lease
April 29, 2008
As the energy business continues to grow in Houston, Enbridge Energy Partners L.P.-- operator of the world’s longest crude oil and liquids pipeline system--have added to their Houston office space at the 1100 Louisiana building with a long-term lease renewal and expansion.
Pair of Opus Projects to Add 300,000 SF to Booming Texas Office Markets
April 09, 2008
Opus West Corp. is on the verge of increasing the pool of Class A office accommodations in Dallas and Houston with the delivery of an aggregate 300,000 square feet of space. The company just broke ground on a building in the suburban Dallas town of Addison, and has wrapped up the acquisition of 15 acres in Houston for a new project.
Transwestern Snares Medical Campus Assignment
April 08, 2008
Transwestern’s Houston headquarters has snared the leasing and marketing responsibilities for Oasis Medical Campus, a thirty-acre medical campus in Houston, Texas, it has reported.
Developer Acquires 24 Acres in Houston Suburb
April 08, 2008
In a city that has grown 44 percent since 2000, Houston-based Raymond R. Betz Interest Inc. acquired a 24-acre parcel along the busy State Highway 96 in the Houston suburb of League City, Texas, with plans for retail and office development. Financials in the deal were not disclosed.
Eldridge Oaks Work Begins on 700,000SF Houston Office Project
April 03, 2008
Construction of Eldridge Oaks, a 700,000-square-foot office development in Houston's thriving Energy Corridor, has just gotten underway. Developer Transwestern plans to complete the first phase of the environmentally-friendly Class A project in September of next year.
Chase Merritt Takes Houston Complex, GE Funds
March 31, 2008
GE Real Estate has announced it has provided a $71.4 million loan to Chase Merritt for the acquisition and renovation of Four Corners, a class B-plus office property located across from the Galleria regional shopping center in Houston, Texas.
Broadway Square L.A. Investor Acquires Houston Apartment Complex, More in the Works
March 18, 2008
Taking advantage of Houston’s growing employment base and a high vacancy rate, Los Angeles-based Post Investment Group L.L.C. has purchased an almost 2,500-unit apartment complex in the city for an undisclosed price in a joint venture with a New York-based private equity firm.
Wesco Takes Hidden Ridge Apartments
March 18, 2008
Wesco Properties Inc. has announced that it has acquired and will renovate Hidden Ridge Apartments.
Wells Fargo Opens New Multi-Family Capital Office in Houston
March 13, 2008
Wells Fargo & Co. has expanded its multi-family financing services with a new office in Houston and the hiring of a mortgage originator there. Tony Talamas has joined Wells Fargo Multifamily Capital to focus on the origination of Fannie Mae and Freddie Mac loan programs for clients in Texas and surrounding states.
high street Trademark’s Mixed-Use Development in Houston Buoyed by High Oil Prices
March 07, 2008
With high oil prices making the Houston market relatively resilient in these uncertain times, a new partnership hopes to take advantage with a mixed-use project in the city’s Galleria submarket.
Behringer Harvard Takes Houston's Northborough Tower
March 05, 2008
Behringer Harvard has announced that it has acquired Northborough Tower, a 14-story, approximately 206,553-square-foot, Class A office property in the Greenspoint submarket of Houston, Texas.
Behringer Harvard Adding Third Tower to Houston Complex
March 04, 2008
Behringer Harvard Inc. plans to develop Three Eldridge Place, a 13-story, approximately 303,000-square-foot, class A office property in the Energy Corridor submarket of Houston, it has reported.
New 616,000SF Suburban Houston Retail Property Comes Under New Ownership
March 04, 2008
Shadow Creek Ranch Town Center, a 616,400-square-foot shopping center in Pearland, Texas, that is scheduled to reach full completion this spring, has been sold by the property's developers Transwestern, Buchanan Street Partners and WCF Development.
four oaks Houston Petroleum Firm Expands Space with Long Term Lease
Feb. 28, 2008
Following a record year for the Houston office market, BHP Billiton Petroleum has expanded its space with the signing of a long-term lease through 2021 for almost 450,000 square feet in the city’s Galleria submarket.
AMB Leases Build-to-Suit to DHL in Houston
Feb. 27, 2008
AMB Property Corp. has announced it has leased a 175,000-square-foot build-to-suit facility to DHL Global Forwarding.
Oak Park Office Center II in Houston Closes
Feb. 27, 2008
Holliday Fenoglio Fowler L.P. has announced that it closed the sale of Oak Park Office Center II, a 206,362-square-foot Class A office building in Houston, Texas.
park 288 Transwestern Builds 500,000SF Spec Business Park in Houston
Feb. 26, 2008
Transwestern has started construction on the first phase of a more than 500,000-square-foot speculative business park on the south side of Houston.
 

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.


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