<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Houston Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[CoStar's People of Note (May 12 - 18)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-12-18/148651?ref=/News/Article/CoStars-People-of-Note-May-12-18/148651&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and San Diego.
 
DETROIT
Farbman Group Promotes Gutman, Kalil 
By Tim Heise

Farbman Group, a Southfield, MI-based, full-service real estate solutions company, has promoted CFO Andrew Gutman to president of the company. Gutman joined Farbman Group more than 18 years ago. He has worked in several areas of ]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 17 May 2013 09:02:42 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (May 5 - 11)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-5-11/148478?ref=/News/Article/CoStars-People-of-Note-May-5-11/148478&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC, New Jersey, Chicago, New York, and Indianapolis.
 
LOS ANGELES
Diaz Returns to Cushman & Wakefield 
By Allison Smith

Lalo Diaz has returned to Cushman & Wakefield, Inc. as a market leader for the Downtown Los Angeles market. In his new role Diaz will be responsible for overseeing day-to-day activities, recruitment goals, an]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 08:11:27 GMT]]></pubDate></item><item><title><![CDATA[Parsons Engineering Leases 25,000 SF]]></title><link><![CDATA[http://www.costar.com/News/Article/Parsons-Engineering-Leases-25000-SF/148324?ref=/News/Article/Parsons-Engineering-Leases-25000-SF/148324&src=rss]]></link><description><![CDATA[Parsons Engineering signed a lease for 25,198 square feet at 2200 West Loop South in Houston, TX. 

The 10-story, 201,720-square-foot, class A <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> is in the Galleria/Uptown submarket. It was constructed in 1974 and was renovated in 2000. 

Doug Little and Louann Pereira of Transwestern represented the landlord, Parmenter Realty Partners.  Ron McWherter of CBRE represented the tenant.]]></description><author><![CDATA[Leslie Kon <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 02:47:07 GMT]]></pubDate></item><item><title><![CDATA[ConocoPhillips Strikes Deal To Lease 850,000 SF In Pair of New Energy Corridor Office Buildings]]></title><link><![CDATA[http://www.costar.com/News/Article/ConocoPhillips-Strikes-Deal-To-Lease-850000-SF-In-Pair-of-New-Energy-Corridor-Office-Buildings/148413?ref=/News/Article/ConocoPhillips-Strikes-Deal-To-Lease-850000-SF-In-Pair-of-New-Energy-Corridor-Office-Buildings/148413&src=rss]]></link><description><![CDATA[ConocoPhillips has committed to the biggest office lease signed in Houston so far this year, agreeing to occupy 850,000 square feet in a pair of new office buildings to be built in Houston's booming Energy Corridor by Trammell Crow Co. (TCC) and its financial partner, Principal Real Estate Investors.

The oil and gas exploration firm agreed to fully occupy Energy Center Three, a 550,000-square-foot office tower currently under construction and scheduled...]]></description><author><![CDATA[Tim Trainor <news@costar.com>]]></author><pubDate><![CDATA[Thu, 09 May 2013 02:45:32 GMT]]></pubDate></item><item><title><![CDATA[Receiver Sets Liquidation Plan for $220 Million Multifamily Portfolio]]></title><link><![CDATA[http://www.costar.com/News/Article/Receiver-Sets-Liquidation-Plan-for-$220-Million-Multifamily-Portfolio/148375?ref=/News/Article/Receiver-Sets-Liquidation-Plan-for-$220-Million-Multifamily-Portfolio/148375&src=rss]]></link><description><![CDATA[John A. Beckstead, the receiver for defendants Management Solutions Inc. and the multifamily assets of Wendell A. Jacobson, his son Allen and other related entities, has filed a liquidation plan proposing to break up the multifamily portfolio strewn across the Midwest and Texas that was once valued at $220 million.

Rather than selling the entire portfolio in bulk, as he once considered, Beckstead plans to break up the sale of Jacobsons' 34 properties...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:19:34 GMT]]></pubDate></item><item><title><![CDATA[RioCan Ends Joint Venture With Retail Properties of America]]></title><link><![CDATA[http://www.costar.com/News/Article/RioCan-Ends-Joint-Venture-With-Retail-Properties-of-America/148400?ref=/News/Article/RioCan-Ends-Joint-Venture-With-Retail-Properties-of-America/148400&src=rss]]></link><description><![CDATA[RioCan Real Estate Investment Trust, Canada's largest REIT, announced it has agreed to dissolve a joint venture with Retail Properties of America, Inc. (NYSE: RPAI) in which the two companies assembled a portfolio of 13 properties in large Texas markets since 2010.

The properties in Dallas, Houston, Austin, San Antonio and Temple, Texas are 80% owned by RioCan and 20% owned by RPAI. Under the terms of the dissolution agreement expected to become...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:08:02 GMT]]></pubDate></item><item><title><![CDATA[Houston Office Park Earns LEED Status]]></title><link><![CDATA[http://www.costar.com/News/Article/Houston-Office-Park-Earns-LEED-Status/148357?ref=/News/Article/Houston-Office-Park-Earns-LEED-Status/148357&src=rss]]></link><description><![CDATA[Crescent Real Estate Holdings earned the U.S. Green Building Council’s LEED certification for all ten of their buildings in the Greenway Plaza office campus.  
Located at One Greenway Plaza in Houston, the campus totals 4,250,641 square feet of Class A <a href="http://www.showcase.com/Office-Space-for-Lease" target="_blank">office space</a>.  As a result of this announcement Greenway Plaza is now the largest Texas office campus to earn U.S. LEED certification.  Most of the buildings in Greenway Plaza had already achieved...]]></description><author><![CDATA[Dennis Bozzell <news@costar.com>]]></author><pubDate><![CDATA[Tue, 07 May 2013 09:33:35 GMT]]></pubDate></item><item><title><![CDATA[Farmers Insurance Group Renews 17,750 SF Lease]]></title><link><![CDATA[http://www.costar.com/News/Article/Farmers-Insurance-Group-Renews-17750-SF-Lease/148333?ref=/News/Article/Farmers-Insurance-Group-Renews-17750-SF-Lease/148333&src=rss]]></link><description><![CDATA[Farmers Insurance Group signed a lease renewal for 17,750 square feet in the <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> at 10343 Sam Houston Park Drive in Houston, TX.  

The three-story building totals 159,175 square feet in Sam Houston Crossing One.  Duke Realty Corp. developed the property in 2007.  

Cory Driskill of Duke Realty represented the landlord. William Wolff and Jeff Miller of DTZ represented Farmers Insurance Group.  ]]></description><author><![CDATA[Claire Meyer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 07 May 2013 06:32:40 GMT]]></pubDate></item><item><title><![CDATA[Griffin Capital Buys Schlumberger Technology Building In Houston]]></title><link><![CDATA[http://www.costar.com/News/Article/Griffin-Capital-Buys-Schlumberger-Technology-Building-In-Houston/148329?ref=/News/Article/Griffin-Capital-Buys-Schlumberger-Technology-Building-In-Houston/148329&src=rss]]></link><description><![CDATA[Los Angeles-based Griffin Capital Corp. expanded into Texas with its acquisition of a five-story, 149,683-square-foot <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> at 1200 Enclave Parkway in Houston from Piedmont Office Realty Trust  for $48.75 million, or about $325 per square foot.

Built in 1999  in the Enclave Business Park, the building is fully-leased with the majority of space (97%) leased to Schlumberger Technology Corp., a subsidiary of Schlumberger Ltd., a global technology...]]></description><author><![CDATA[Ernest Rodriguez <news@costar.com>]]></author><pubDate><![CDATA[Tue, 07 May 2013 04:55:12 GMT]]></pubDate></item><item><title><![CDATA[The CoStar Watch List Newsletter for May 9 - May 19]]></title><link><![CDATA[http://www.costar.com/News/Article/The-CoStar-Watch-List-Newsletter-for-May-9-May-19/148410?ref=/News/Article/The-CoStar-Watch-List-Newsletter-for-May-9-May-19/148410&src=rss]]></link><description><![CDATA[This Week’s Top Stories

Multifamily GSE Lending Reform: Potentially Disruptive and Inherently Valueless
"Borrowers would face higher borrowing costs and more variability in the price and availability of credit, with the greatest adverse impact likely to fall on low- and moderate-income families and renters in underserved markets. Some borrowers could lose access to credit altogether."

Read the Full Story...

Receiver Sets Liquidation Plan...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:16:13 GMT]]></pubDate></item></channel></rss>