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Houston real estate market posts record year
Houston's real estate market set a new record for home sales in 2017, besting the previous year's record by 3.5 percent as the market rapidly rebounded after Hurricane Harvey.
Jackson Walker inks big renewal in 5 Houston Center
Jackson Walker has firmed up its commitment to downtown's 5 Houston Center with a major lease renewal. The 77,015-square-foot lease at 1401 McKinney reflects a renewal of 74,094 square feet and an expansion of 2,921 square feet, Transwestern announced.
Galleria-area office building trades hands
A partnership led by Braun Enterprises has purchased 5757 Woodway, a 162,188-square-foot office building on 4 acres east of Augusta Drive, commercial real estate firm HFF announced. The property was sold by Woodway Office Partners, a joint venture sponsored by Houston-based Fuller Realty Partners and Harbert Management Corp.
Pontikes sets groundbreaking date for massive Baytown industrial park
Pontikes Development will start construction this month on the first phase of a 3-million-square-foot speculative industrial park in Baytown.
Perry's Steakhouse opening turns up heat at historic River Oaks Shopping Center
A suburban steakhouse chain will open late this year in the historic River Oaks Shopping Center, the latest change to the much-discussed Art Deco retail landmark that's been modernized over the years much to the consternation of local preservationists.
New Orleans' Dat Dog picks Rice Village for first Houston location
Dat Dog, a popular New Orleans hot dog chain, is making good on its promise to expand to Houston in 2018 with its first location in Rice Village. Dat Dog has leased 2,919 square feet at 5504 Morningside Drive, according to brokerage firm Retail Solutions. The location will be just north of Hopdoddy Burger Bar in a building that previously housed Platform Houston campus.
Gardening events in the Houston area
Archway Properties starts mixed-use project in Humble
Archway Properties has kicked off Park Air 59, a 111-acre mixed-use development at the northeast corner of U.S. 59 and Will Clayton Parkway. The project, located in Humble, is designed to include retail, restaurant, industrial and services. Vital Heart & Vein has purchased 4.2 acres in the park for a 65,000-square-foot, three -story medical office building, NewQuest Properties announced. Houston-based Archway Properties is handling construction, with completion planned in mid 2018. Austin Alvis of NewQuest Properties and Preston Cunningham of Cunningham Ventures represented the seller, Archway WC59 Humble Ltd. Jeries Ganim of Commercial Regional Properties of Texas represented the cardiology group.
Katy's Cane Island community adds two builders
Taylor Morrison and Highland Homes have joined the lineup of home builders in Cane Island where they will build in the second phase of the Katy community. Phase two is planned for more than 250 homes on 100 acres. The community, on 1,200 acres north of the Katy Freeway at Cane Island Parkway, opened in 2015.
New York investor acquires 122,000 SF of industrial properties near Port of Houston
A New York investor has acquired nearly 122,000 square feet of industrial properties near the Port of Houston.
Camden Property Trust's downtown apartment tower permitted
The permits for the project at 1515 Austin St. total more than $52 million, and include a tower and parking garage, according to city of Houston records collected by real estate data firm Build Zoom.
Deal of the Week: Comerica gets naming rights
10 Houston master-planned communities make top-seller list
Trendmaker Homes president Will Holder to retire
Will Holder, president of Trendmaker Homes and venerated industry leader, will retire at the end of March after 25 years with the Houston-based homebuilder.
Real estate in brief: Spring apartment complex Stoneleigh is sold
With a little help, Houston plants can adapt to Indiana home
Gardening events in the Houston area
Gardening events in the Houston area
Bellagreen expands to Webster with Baybrook restaurant
Bellagreen, an eco-conscious restaurant that has been rebranding Ruggles Green restaurants across the Houston area, has signed a lease for a Webster location. The restaurant, planned to open in the third quarter, will anchor a new shopping center development by Houston-based Baker Katz. The 3,500-square-foot restaurant, the seventh for the chain, is being developed on Bay Area Boulevard between Interstate 45 and Texas Avenue, Baker Katz said.
La Marque shopping center planned near Lago Mar community
Houston-based Capital Retail Properties is developing La Marque Crossing, a 15,000-square-foot retail center next to the Lago Mar community.