- Real estate investment firm Rockspring Capital shifts strategy with launch of development arm with promotion of Michael Ross [HBJ] $
- Trammell Crow reorganizes regional leadership with planned retirement of Eastern Region president Chris Roth [BisNow]
- Hines strengthens Investment Management Team with hire of Adriana de Alcantara [Hines]
- Houston developers Frank Lui and Ronny Hecht have joined forces to acquire the 14-acre Coca-Cola facility near West University [RealtyNewsReport]
- Tristar Alliance acquires Sterling Plaza, plans renovation of the southwest Houston property [RealtyNewsReport]
- This week’s deal sheet [BisNow]
- Deal of the week: Boston buyer High Street Logistics Properties lands north Houston industrial building in charged market [Chron] $
- Messina Hof breaks ground on what will become the largest winery in the Houston area [Chron] $
Author: The Good Life
Brookhollow Marketplace to Open This Fall
- Fidelis building shopping center on former Exxon Brookhollow campus [HBJ] $
- Houston area real estate briefs [RealtyNewsReport]
- Peter Mainguy named as CBRE new market leader for Houston [HBJ] $
- Retailization of healthcare has been overdone in some parts of Houston [Bisnow]
- Harris County records largest number of new out-of-state residents in Houston [BisNow]
- East End is roiled as mixed-income housing plans advance [Chron] $
The Lights are Much Brighter There
- Downtown the bright spot of Houston’s office market according to report coauthored by Central Houston Inc. and the Houston Downtown Management District [HBJ] $
- Food halls, coworking and luxury hospitality now define Downtown Houston [BisNow]
- Houston-based plastics distributor A&C Plastics Inc breaks ground on HQ, warehouse expansion in South Houston [HBJ] $
- Pipeline Packaging opens Conroe facility with room to grow [HBJ] $
- Three Houston complexes part of $1.85B portfolio Virginia-based Harbor Group International purchased from Aragon Holdings [HBJ] $
- Organic food giant Wholesome Sweeteners leases 349,050 SF warehouse near Port of Houston [RealtyNewsReport]
- Coca-Cola plant near West U poised for redevelopment [Chron] $
- Some experts say new Houston-Area rules to prevent flooding are ‘obsolete on arrival’ [HoustonPublic Media]
- Over 1000 residents attend SJRA meeting about temporary Lake Conroe lowering [Chron] $
Happy MLK Day
- Houston-based developer Land Tejas buys land for 3,000 homes in Katy area [HBJ] $
- Minnesota firm NorthMarq buys Houston-based real estate equity firm Kinghorn,Driver, Hough & Co [HBJ] $
- Griffin Partners buys west side office building [RealtyNewsReport]
- Houston welcomes guests to updated buildings rather than open several new hotels [HBJ] $
- This week’s Deal Sheet 1/17/20 [BisNow]
- Deal of Week: River Oaks Bank Building changes hands [Chron] $
- Waterton acquires local 809-unit multifamily portfolio [ReCon]
- Greenspoint revival takes hold, residents worry they will be left behind [Chron] $
Build-out Coming for Lakes at Creekside
- Mixed-use project’s 10-story Museo Plaza to break ground in Museum District [HBJ] $
- Prominent Houston eye surgeon Dr Mike Mann to develop ‘gateway to the Museum District’ [Chron] $
- Houston-based Trendmaker Homes Pennsylvania-based Toll Brothers team to develop master-planned neighborhood near The Woodlands [HBJ] $
- City to offer big subsidies for luxury W Hotel near convention center [Chron] $
- Interra York Centre purchases northwest Houston office building [RealtyNewsReport]
- Stewart Information Services president Matthew Morris steps down [Chron] $
- HAR chair John Nugent discusses opportunities for people moving to Houston — Part 1 [Chron] $
- Houston homeowners have new option for property tax payments [Leader]
- The biggest mistakes people make when they move to Houston [Chron] $
- Apartment managers dealing with the holiday package onslaught that seems to double every year [BisNow]
What Neighborhood Can You Afford?
- Law firm DLA Piper inks lease for Hines’ new Texas Tower in downtown Houston [HBJ] $
- Major tenant signed for new office tower in downtown Houston [RealtyNewsReport]
- Mixed-income housing project breaks ground near downtown in Hardy Yards district [Chron] $
- Houston’s multifamily market to normalize with deliveries set to double in 2020 [BisNow]
- Oilfield services firm NCS Multistage relocating HQ to Chasewood Crossing III [RealtyNewsReport]
- Keller Williams Report: where you can own a home in Houston based on your salary in 2020 [Chron] $
- Former Rockets player Steve Francis swaps Memorial mansion with Sugar Land home [Chron] $
- As WeWork sheds assets Houston-based iOffice grows [Chron] $
NASDAQ: CSGP
- CoStar Group Joins the NASDAQ 100 [CoStarGroupNews]
- The River Oaks Banks Building sells to JV between Houston-based Fuller Realty Partners & Chile-based Independencia Asset Management [HBJ] $
- Memorial mansion once listed for $7M sells at auction [Chron] $
- The Woodlands leads Houston-area small cities office boom [BisNow]
- This week’s deal sheet [BisNow]
- Luxe Randall Davis condo tower opens sales center, begins presales at The Paramount [HBJ] $
- Medical properties 2020 – Q&A with Beth H. Young of Colliers International [RealtyNewsReport]
- Color forecast: brown is back and things are going to get spicy [Chron] $
- ‘Heightschmerz.’ and other gentrification emotions [Chron] $
- 5 surprising things I learned analyzing property tax protest data [Kinder]
- WeWork after announcing 90-day turnaround plan [BisNow]
Another Large Industrial Transaction
- Senterra buys five-building industrial park in NW Houston [HBJ] $
- Land value outside big Texas cities is increasing [HoustonPublicMedia]
- Houston industrial construction at a record high [Recon]
- Zillow survey says hot Houston home prices may cool in 2020 [CultureMap]
- Kingwood HOA takes on flood mitigation with $500K dredging operation [Chron] $
- Notable real estate transactions [Chron] $
- Julio Laguarto, “Father of the Texas A&M Real Estate Center”, dies at 86 [BisNow]
- Bagby Street project will remake area near Houston City Hall And The Hobby Center [HoustonPublicMedia]
- Houston doesn’t have zoning, but there are workarounds [Kinder]
- Could the avocado-green kitchen make a comeback? [NYT]
30-yr Fixed-Rate At 13-Week Low
- FC Tower Property Partners begins $20M renovation of 1001 Fannin [HBJ] $
- Mitchell family’s Hotel Galvez & Tremont House on Galveston Island to be sold [HBJ] $
- ATTOM Data study finds it’s cheaper to rent than to buy in Houston [Chron] $
- RCLOC reports that Houston’s master-planned communities are among the nation’s top-selling for the decade [HBJ] $
- Houston’s density revolution is just beginning [BisNow]
- Gentrification or segregation? St. Elizabeth Hospital shows tricky trade-offs in developing Houston’s Fifth Ward [Chron] $
- CRE might not be ready for LIBOR change that affects $200T in loans [BisNow] $
- Mortgage rates drop amid conflict with Iran [Chron] $
- Office Evolution inks coworking lease in Energy Corridor [Chron] $
- Shriner’s Hospital moving from Medical Center to Galveston [KHOU]