Regions Southwest | Houston
ProLogis Announces Full Occupancy at 531,000-SF Houston Distrib Park
ProLogis announced today full occupancy at ProLogis NorthPark, a recently developed, four-building, 531,000- square-foot distribution park located in Houston.
HFF Lands $50M Financing for Pair of Houston M-F Properties
The Houston and Dallas offices of Holliday Fenoglio Fowler L.P. has secured nearly $50 million in financing on behalf of Trammell Crow Residential for Alexan Woods and Alexan Main Street, two Class A multi-family complexes in Houston.
first city tower Houston Marks a Green Milestone
As green development continues to thrive across the country, Houston’s First City Tower has earned LEED Gold certification for an existing building from the U.S. Green Building Council, marking a milestone for sustainable development in the market.
McShane, MetLife JV Completes 253,838-SF Houston Industrial
McShane Development Co. and MetLife Real Estate Investments announce the completion of the 253,838-square-foot Guhn Road Distribution Center located in Houston, Tex.
McShane - MetLife Houston Industrial Market Down, but Deals Still Trickling In
The first three months of 2009 saw the first quarterly negative growth in Houston’s industrial market since 2003. The market posted a half-million square feet of negative net absorption in the first quarter, according to a report by Grubb & Ellis Co.
Page Joins Grubb & Ellis as SVP, Capital Markets Group
Ken Page has joined Grubb & Ellis Co.'s Houston office as senior vice president. Page will be a member and director of Grubb & Ellis' institutional capital markets group.
Grubb & Ellis Secures 145,000-SF Lease in Houston
Grubb & Ellis Co. has secured an approximately 145,000-square-foot lease at Portwall Distribution Center in Houston, Tex., on behalf of the tenant, Cadeco Industries Inc.
LKQ Best Automotive to Build 98,850-SF Industrial Facility in Houston
LKQ Best Automotive Corp., a Chicago-based supplier of  recycled auto parts, has entered into an agreement with A.E.N. Farrell L.P., dba TNRG, to construct a new 98,850-square-foot office/warehouse facility at the northwest corner of Aldine-Westfield and Farrell Road in Houston.
Trammell Crow Promotes Saphier to Principal
Trammell Crow Co. has promoted Adam Saphier to principal in the firm’s Houston office. In his new role, Saphier will maintain oversight for a number of Trammell Crow’s office building investments throughout the Houston region.
The News: Another Houston Tenant Casts Vote For Energy Efficiency
Serving a large energy sector, Houston’s office market enjoyed a mostly positive 2008. But as oil prices declined in the second half of the year, many tenants in the market have put their expansion plans on hold and are adapting a largely wait-and-see posture. Still, a headlining lease closed as 2009 began.
prologis north park ProLogis, OHL Extend Relationship with 11th Lease Agreement
Tennessee-based third-party logistics provider OHL has signed a deal to lease more than 147,000 square feet of recently completed distribution space in Houston from ProLogis for an undisclosed amount. OHL will occupy the space at ProLogis NorthPark, located along Interstate 45, north of Beltway 8. The lease agreement marks the 11th between the two companies; OHL now occupies approximately 2.8 million square feet of distribution space with ProLogis in various locations across the United States.
discover tower Hess Signs Lease for 845,000-SF Houston Tower
Energy titan Hess Corp. has signed a long-term lease to occupy the entire 844,800-square-foot Discovery Tower office building in Downtown Houston, a 29-story property currently  being developed by Trammell Crow Co. and Principal Real Estate Investors.
Energy Sector Decline Leads Houston Industrial Market Downward
With a thriving energy sector, Houston’s industrial market remained strong in the first three quarters of 2008, but dropped in the fourth quarter as the price of oil signaled the downward movement of the oil industry, according to a CB Richard Ellis Inc. report.
Port of Houston Planning $283M in Projects
With more than $283 million in construction planned, the Port Commission of the Port of Houston Authority is working to assure Houston’s emergence as the nation’s busiest port is met with cutting edge facilities.
$700M Houston-Area Mixed-Use Project Expands
A huge mixed-use development in a Houston suburb has recently both broken ground and potentially added another major component. The 150-acre WaterLights project, being developed by Historic Real Estate Inc., is under way in the growing Houston suburb of Pearland.
 

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.