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09/10/2018
Demolition Clears Way for Next Phase of River Oaks Project
West Creek Market & Deli, located at 2520 Westcreek Lane, was demolished to make way for luxury residences in Houston's River Oaks District. A shuttered small grocery store and neighboring steakhouse in the River Oaks District, home to high-end brands...

09/10/2018
Tennessee-Based Third Party Logistics Provider Leases Kenswick Drive Warehouse in Humble
Forward Air Solutions, a third-party logistics provider, signed a 289,200-square-foot lease with investor Adkisson Group to occupy an entire warehouse off of Kenswick Drive in Houston suburb Humble. The Greeneville, Tennessee-based company plans to...

09/10/2018
North Cypress Medical Center Sells for $148 Million
North Cypress Medical Center, located at 21214 Northwest Freeway in Cypress, Texas, sold for $148 million. In a sign of high demand for health care properties, Medical Properties Trust sold North Cypress Medical Center, a 139-bed acute care hospital...

09/10/2018
Hurricane Harvey's Houston Legacy Emerges in Flood Gates at Riverway Offices
After Hurricane Harvey flooded Houston in August 2017, upgrades planned for One and Three Riverway aim to control any similar disasters. To see what year two will hold after Hurricane Harvey dumped 51 inches of rain on Houston, look no further than...

09/06/2018
Chevron Sells 103 Acres Near Katy
Chevron Corp. has sold a 103-acre tract near Katy, Texas. Chevron Corp. continues its disposition of Houston-area real estate. A week after finding a buyer for the company’s former Bellaire campus, a buyer has been found for a 103-acre tract at Clay...

09/05/2018
App Named VP of Leasing at Newly Merged PMRG and Madison Marquette
PMRG and Madison Marquette’s Houston office has hired Amanda App as vice president of leasing. In her new role, App will lease and market a portfolio of Class A office properties in Houston on behalf of institutional owners KBS and Stena Realty. Commercial...

09/05/2018
Howard Hughes Buys Two Vacant Office Buildings
The Howard Hughes Corp. acquired two vacant Class A office buildings at 2103 Research Forest Drive in The Woodlands, Texas The Howard Hughes Corp. acquired two vacant Class A office buildings at 2103 Research Forest Drive, adjacent to the real estate...

09/04/2018
Locally Based Firm Buys 280-Unit Ascension on the Bayou
Locally based Tarantino Properties acquired a 280-unit apartment complex in Houston, dubbed Ascension on the Bayou, for an undisclosed price. The firm also secured a 10-year, fixed-rate acquisition loan. The investment firm purchased the complex from...

09/04/2018
Lexington Realty Trust Sells $726 Million Office Portfolio as Focus Shifts to Single-Tenant, Net-Leased Industrial Properties
The 200,000-square-foot AvidExchange office building in Charlotte, North Carolina, was one of 21 Lexington Realty Trust sold to a new joint venture. Lexington Realty Trust sold its majority ownership in a portfolio of 21 office buildings for $726...

09/04/2018
SLS Properties Agrees to Buy Chevron's 30-Acre Bellaire, Texas Campus
SLS Properties has agreed to purchase Chevron's former 30-acre campus in Bellaire, Texas. Chevron’s former campus in Bellaire, Texas, is under contract to be purchased by SLS Properties, the real estate company confirmed Friday with CoStar News. The...

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