Regions Southwest | Houston
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.
Grubb & Ellis Acquires Houston Office Building
Nov. 10, 2008
Grubb & Ellis Realty Investors L.L.C. has purchased Oak Park Office Center III, a 151,000-square-foot office building in Houston’s Westchase submarket, in a $34 million deal with Realty Associates Oak Park III L.P.
Bissonne Historic Houston Office Buildings Trade Hands
Oct. 29, 2008
Despite the tanking investment market nationwide, Houston continues to see action with investors spending more than $1.6 billion so far in 2008 throughout 53 transactions, according to Real Capital Analytics. Along these lines, a local developer purchased two historic office buildings for an undisclosed amount in the city's Museum District.
Holliday Fenoglio Fowler Completes Sale of Two Riverway in Houston
Oct. 28, 2008
The Houston office of Holliday Fenoglio Fowler L.P. closed the sale of Two Riverway, a 17-story, Class A office building in Houston’s Galleria submarket.
Houston Firm Bought in August Sells Manufacturing Facility
Oct. 10, 2008
Less than two months after being absorbed by a Russian manufacturer, the largest independent tubular manufacturer in North America, John Maneely Co. (JMC), has sold its 188,800-square-foot facility in eastern Houston to Miami-based Elite Sales Inc., an importer and wholesale distributor of wire rope, cable, strand, chain and hardware, for an undisclosed amount.
JCPenney Expands Houston Presence with 2 New Stores
Oct. 06, 2008
J.C. Penney Co. Inc. is swinging open the doors of two new locations in the Houston area, increasing its portfolio of new department stores in the market over the last three years to nine.
HFF Arranges $90M Refi for Houston CBD Office Building
Oct. 03, 2008
The Houston office of Holliday Fenoglio Fowler L.P. has announced  that it arranged a $90 million refinancing for 5 Houston Center, a 580,175-square-foot, Class A office building in Houston’s central business district.
briarlake Behringer Harvard Acquires 500,000 SF Houston Office Tower
Sept. 26, 2008
Just two weeks after Hurricane Ike blew through Houston, Dallas-based Behringer Harvard has acquired One BriarLake Plaza, a 20-story tower with more than 500,000 square feet of office space there, for an undisclosed amount.
Energy Firm Takes Whole Floor at 629,000-SF Phoenix Tower in Houston
Sept. 19, 2008
Express Energy Services Operating L.P. has committed to taking on approximately 25,100 square feet at Phoenix Tower, a 629,000-square-foot office building carrying the address of 3200 Southwest Freeway in Houston.
44-Acre Houston Office Campus Prepares to Emerge from $25M Makeover
Sept. 12, 2008
The Centre at Cypress Creek will soon return to its former glory, as Macfarlan Capital Partners moves to wrap up the sweeping $25 million renovation of the 630,000-square-foot office campus that once served as Compaq Computer Corp. headquarters
Houston Hotel Emerges from $22M Makeover
Sept. 05, 2008
Sunstone Hotel Investors has wrapped up its reinvention of the former Wyndham Greenspoint Hotel, re-opening the 480-room property as the Hilton Houston North.
48,000-SF Houston-Area Medical Office Building Pre-Leased
Aug. 29, 2008
The 48,000-square-foot medical office structure that will rise up at 253 Medical Center Blvd. in Webster, Tex., has been just been claimed by IDEV Technologies Inc.
36,100-SF Pre-Lease Adds to Tenant Roster at 436,000-SF Houston Office Project
Aug. 22, 2008
A two-building spec office project totaling 436,000 square feet at the 150-acre Westway Park office campus in Houston continues to grab attention, as developer Dienna Nelson Augustine Co. secures another commitment for the project.
286,000-SF Sale-Leaseback Deal Incorporates Houston Food Distributor's Expansion
Aug. 15, 2008
Two years after developing its 286,000-square-foot Houston headquarters and distribution center, Glazier Foods Co. Inc. has sold the Class A property in a triple-net sale-leaseback transaction with GSL Welcome Group L.L.C.
Colliers International, PKF Capital List Houston's Historic Humble Oil Building for Sale
Aug. 08, 2008
The historic Humble Oil Building in Houston has been listed for sale by a team that includes PKF Capital, Colliers International - Dallas, and Colliers International multi-family Houston.
37-Acre Mixed-Use Project to Open in Houston in 2009
Aug. 05, 2008
Midway Companies recently unveiled plans for CityCentre, its 1.8-million-sq.-ft. mixed-use project in Houston featuring 650 residential units, 400,000 square feet of retail, restaurants and entertainment, a 144,000-sq.-ft. urban Life Time Athletic fitness facility and 425,000 square feet of Class A office space.
Equity Based Services Adds 2 Properties to Growing Self-Storage Portfolio
Aug. 04, 2008
With the addition of two self-storage facilities in one of the hottest markets in the country, San Diego-based Equity Based Services Inc. (EBS) brings its portfolio of self-storage properties to 55 across 10 states, totaling more than $250 million.
HFF Closes Self-Storage, Office Sales in Texas
Aug. 01, 2008
Holliday Fenoglio Fowler L.P. has closed two substantial deals with Texas roots, it has reported. Its Houston-based self storage group completed the sale of a 21-property self storage portfolio with facilities in Florida, Texas, Colorado, Kentucky and Ohio. And its Dallas office announced that it had finalized the sale of the Pyramids at Park Lane in that city.
travis tower Houston Office Market Continues to Flourish
July 29, 2008
Over the course of a couple of days, the Houston office of real estate services firm CB Richard Ellis Inc. represented several clients in long-term leases in the city for a total of more than 60,000 square feet.
air cargo centre II Trammell Crow Brings Air CargoCentre II Online in Houston
July 23, 2008
Trammell Crow Co. has opened a new 61,500-square-foot air cargo handling facility at the George Bush Intercontinental Airport in Houston (IAH). The cost of the facility was not disclosed.
Finger Cos. Breaks Ground on Houston High-Rise
July 15, 2008
The topping out of the first luxury high rise rental apartment tower in downtown Houston in more than 40 years was celebrated today with 700 construction workers and invited guests, including Houston’s Mayor Bill White, in attendance. Developed by Finger Cos., the 37-story One Park Place in Houston, Tex., will have 346 rental residences, 12 on each floor, adjacent to the 12-acre Discovery Green, the new downtown park.
Construction Begins on Lakeview Business Park Phase I
July 15, 2008
Phase I of Lakeview Business Park, a new spec industrial development project has begun.
Houston-Area Master-Planned Community to Include School
July 14, 2008
With construction slated to start in November on the master-planned 3,000-acre Woodforest Development in the Houston suburb of Conroe, the Conroe Independent School District has purchased 16.16 acres of the project for an elementary school.
Reid Appointed to White House National Infrastructure Advisory Council
July 09, 2008
CB Richard Ellis Group Inc. said todaythat Jim Reid, president of the company’s Eastern Division, has been appointed by President George W. Bush to the National Infrastructure Advisory Council.
 

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.

Select Coverage By City:

Management Matters with Mike Myatt: The Next Domino to Fall
December 04, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --The next domino in the economic downturn is already starting to fall. The more layers of the onion we peel back on the chaos in the capital markets, the worse the news seems...

Management Matters with Mike Myatt; Web 3.0
November 20, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --As quickly as Web 2.0 arrived, it is being overcome by the next generation of digital applications and toolsets. Moreover, the need for broader understanding as to how to implement a more sophisticated...

Management Matters with Mike Myatt: Teach Them to Fish
November 14, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Do you feed your employees, or do you teach them how to fish? Do you like to swoop in and save the day? Do you see yourself as the white knight that can...

Management Matters with Mike Myatt: Good Employees Are Not Expendable
November 07, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Good employees are not expendable. As a CEO running a company during tough economic times, if your strategy to survive the economic downturn is to implement a slash and burn approach to cost...

Management Matters with Mike Myatt: Surviving the Economic Downturn
October 17, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --As odd as it may sound, if you want to survive the economic downturn, increase your marketing expenditures. If you're the short-sighted CEO who cuts back on marketing, branding, and advertising budgets in...