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Six Flags Spending $23 Million Adding Five Parks to Portfolio
Pictured: Frontier City in Oklahoma City.Six Flags Entertainment Corp. will pay Oklahoma City-based Premier Parks LLC $23 million to buy the exclusive lease rights to five amusement parks. The deal includes Frontier City and White Water Bay in Oklahoma...

CoStar Exclusive: Madison Marquette, PMRG Merging
Madison Marquette, a top real estate investment management firm, and PM Realty Group, a powerhouse in property management and landlord representation, are in talks to merge their firms. The merger will create a new company that blends Madison Marquette...

Largest Suburban Chicago Apartment Deal of 2018 Closes in Hoffman Estates
A suburban Chicago apartment complex with value-added potential has sold for $104 million, or slightly more than $162,000 per unit, in the largest apartment sale in suburban Chicago so far this year. The Reserve at Hoffman Estates is located about...

Downtown Department Store Turned Office Building Hits The Block
The former Sakowitz department store at 1010 Lamar in Downtown Houston has hit the selling block. After holding on to the 277,991-square-foot office for 11 years, the building’s owner, Younan Properties, decided it was time to list the property with...

Exxon's XTO Energy's Shift to Houston Impacting Fort Worth's Skyline
Fort Worth's skyline was built, in part, because of long-held ties to the Texas energy industry, but XTO Energy's decision to relocate its headquarters to Houston this year signals a shift for the industry that was once its foundation. By the end of...

Exclusive: Long-Awaited 30-Story Midtown Tower Breaks Ground
A 30-story high-rise four years in the making is now officially underway in Houston’s Midtown. After securing an unnamed joint venture equity partner and a loan from Goldman Sachs, PM Realty Group and Aecom have given the notice to proceed on the...

Industrial Heavy Hitter Erwin Joins Lee & Associates
Lee & Associates hired C.E. ‘Trey’ Erwin III as senior director of the firm's industrial team, snagging a specialist in one of Houston's hottest markets. Erwin brings his specialization in tenant and acquisition representation, contract negotiation...

Stockbridge Capital Flips Two-Building Industrial Site Near IAH
Interwood Business Center, a two-building, Class A industrial park totaling 192,000 square feet near George Bush Intercontinental Airport, has been purchased by Black Equities Group from Stockbridge Capital Group for an undisclosed price. Interwood Business...

Shifting Trade Winds Puts Houston's Foreign Growth At Risk
Since 2010, 350 foreign-based companies have decided to open new offices in Houston or expand their existing offices in the metro. Over 1,000 companies operating in Houston have ties overseas, according to research from the Greater Houston Partnership...

Ultra Petroleum to Relocate HQ to Metro Denver
Ultra Petroleum Corp., an oil and gas exploration and production company, will relocate its headquarters from Houston to Englewood, CO, the company said in filings made with the Securities and Exchange Commission this month. The company already maintains...

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