Regions Southwest | Houston
HFF Lands $50M Financing for Pair of Houston M-F Properties
June 05, 2009
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.
Houston Marks a Green Milestone
May 20, 2009
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.
Houston Industrial Market Down, but Deals Still Trickling In
April 30, 2009
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.
LKQ Best Automotive to Build 98,850-SF Industrial Facility in Houston
March 09, 2009
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
Feb. 12, 2009
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
Feb. 03, 2009
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, OHL Extend Relationship with 11th Lease Agreement
Jan. 28, 2009
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.
Hess Signs Lease for 845,000-SF Houston Tower
Jan. 21, 2009
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
Jan. 20, 2009
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
Dec. 29, 2008
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
Nov. 20, 2008
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.
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