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Massive 2,100-Acre Houston Development Site Hits the Market

Massive 2,100-Acre Houston Development Site Hits the Market

The Sam Houston Area Council of the Boy Scouts of America is looking to sell its massive 2100+-acre Camp Strake property on the market, considered to be one of the largest available contiguous land parcels currently available in the Houston metropolitan area.…

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West Ave to Debut Two New Luxury Tenants

West Ave to Debut Two New Luxury Tenants

Two new luxury concepts are set to debut this spring at the chic West Ave mixed-use development set at the crossroads of Upper Kirby and River Oaks. The two new tenants—Del Frisco’s Grille and Jonathan Adler—will join an already impressive list of high profile retailers and restaurants.…

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Hines Sells Iconic Williams Tower to Invesco for $412M

Hines Sells Iconic Williams Tower to Invesco for $412M

The previously reported sale of Hines’ 1.4 million-square-foot William Tower to Invesco Real Estate came through this week, with the new owner paying $412 million for the trophy tower, according to Reuters.…

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Camden Property Trust Expands Presence at Greenway Plaza—but Switches Buildings

Camden Property Trust Expands Presence at Greenway Plaza—but Switches Buildings

By Georgiana Mihaila, Associate Editor Camden Property Trust—one of the largest publicly traded national multifamily developers—will soon be trading its office at 3 Greenway Plaza for the neighboring 11 Greenway Plaza. The company signed a lease for 86,733 square feet on floors 23 through 26 of the 31-story Class A…

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GID Development Reveals Phase Two of Regent Square Mixed-Use Project

GID Development Reveals Phase Two of Regent Square Mixed-Use Project

Following the August 2012 groundbreaking of the Regent Square mixed-use project, GID Development Group is now lining up plans for a second phase. Phase Two will add an Alamo Drafthouse Cinema, another residential component, and 15,000 square feet of restaurant space to the project set in the heart of…

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Hines Tapped to Manage Three-Building Energy Corridor Portfolio

Hines Tapped to Manage Three-Building Energy Corridor Portfolio

Franklin Street Properties Corp. has retained international real estate firm Hines to manage its three-building office portfolio in the West Houston Energy Corridor. The multi-tenant office portfolio is comprised of Energy Tower I—a 326,000-square-foot, 14-story building located at 11700 Katy Freeway; Phase I of The Offices at Park 10,…

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Forum Energy Tech to Occupy 68% of New Duke Realty Building

Forum Energy Tech to Occupy 68% of New Duke Realty Building

Duke Realty Corporation’s Houston office found a tenant for Sam Houston Crossing Two, its new, speculative suburban office building. Forum Energy Technologies, Inc.—a provider of manufactured technologies and applied products for the energy industry—signed a 108,639-square-foot lease and will be occupying the second and third floors of the building.…

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Energy XXI Expands Footprint at One City Centre; Law Firm Moves In at BG Group Place

Energy XXI Expands Footprint at One City Centre; Law Firm Moves In at BG Group Place

Oil and gas exploration and production company Energy XXI Services, LLC has decided to expand its presence on the Main Street Corridor. The company has signed a lease expansion for 28,168 square feet at One City Centre, bringing its total footprint at 128,133 square feet.…

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Skanska’s LEED Platinum Office Building Lands First Tenant

Skanska’s LEED Platinum Office Building Lands First Tenant

Skanska USA’s commercial development business unit in Houston has officially announced the first tenant lined up for its a state-of-the-art 3009 Post Oak Boulevard building, currently under construction. Datacert, Inc.—a 15-year-old global company based in Houston that provides enterprise legal management solutions—plans on relocating its corporate headquarters to the building.…

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Trammell Crow, Principal Start Work on Class AA Energy Center Three

Trammell Crow, Principal Start Work on Class AA Energy Center Three

A joint venture between Trammell Crow Company and Principal Real Estate Investors embarked on a quest to deliver the highest quality office building in the Energy Corridor, Energy Center Three. The developers have just broken ground on the Class AA, 546,372-square-foot office building that is to be located on the…

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Shorenstein Buys Exxon Mobil Building; Hilton Westchase Also Gets New Owners

Shorenstein Buys Exxon Mobil Building; Hilton Westchase Also Gets New Owners

The downtown Exxon Mobil building recently traded hands, with San Francisco-based Shorenstein Properties now being its new owner. Shorenstein purchased the property for Shorenstein Realty Investors Ten, L.P., a fund formed in 2010 with $1.23 billion in committed capital. Along with the sale, former owner Exxon Mobil Corporation also…

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One Hughes Landing Gets First Major Tenant, Construction Financing

One Hughes Landing Gets First Major Tenant, Construction Financing

One Hughes Landing, the first office building to be constructed at the Hughes Landing community that The Howard Hughes Corporation is planning for The Woodlands, now has a new major tenant, as well as construction financing. Layne Christensen Company has signed a 51,152-square-foot lease for the top two floors of…

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