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Liberty Expands, Rebrands Northwest Business Park

Liberty Expands, Rebrands Northwest Business Park

By Georgiana Mihaila, Associate Editor Liberty Property Trust plans on adding 212,000 square feet to its Liberty Northwest Business Center. The company has recently broken ground on two new on-site buildings, its second and third sustainable development projects in Houston. The first [...]…

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Peloton Makes Houston Debut with Office Portfolio Purchase

Peloton Makes Houston Debut with Office Portfolio Purchase

By Georgiana Mihaila, Associate Editor Peloton Capital Partners teamed up with an Austin-based real estate private equity firm for the acquisition of a five-building, 347,258-square-foot office portfolio that marks the firm’s first foray into Houston. The purchase is part of an expansion [...]…

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NorthMarq Arranges Financing for One BrierLake, Energy Tower II

NorthMarq Arranges Financing for One BrierLake, Energy Tower II

By Georgiana Mihaila, Associate Editor With financing loosening up but still tough to come by, NorthMarq Capital has made it possible for a number of Houston properties lately. Behringer Harvard completed the financing of Houston’s One BrierLake Plaza. Proceeds from the deal, [...]…

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Spring Multi-Family Complex Hits the Market

Spring Multi-Family Complex Hits the Market

By Georgiana Mihaila, Associate Editor The Villages of  Louetta, a  gated multi-family complex in North Houston’s Spring  district, has come to market, Citybizlist reported. The seller is a joint venture between Prudential Real Estate Investors, on behalf of one of its advisory clients, and [...]…

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Wal-Mart Buys Back Mammoth Facility; Avia Joins Hyatt Family

Wal-Mart Buys Back Mammoth Facility; Avia Joins Hyatt Family

By Georgiana Mihaila, Associate Editor Wal-Mart Corp. recently acquired the distribution complex it manages in Baytown for a reported $104.5 million. The seller was the State of Texas School Fund, which bought the pair of buildings from the retail giant back [...]…

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Inland Western, McCann Realty Acquire, Feeding Expansionist Goals

Inland Western, McCann Realty Acquire, Feeding Expansionist Goals

By Georgiana Mihaila, Associate Editor The Sawyer Heights Village shopping center, located just outside the Central Business District in Houston, traded hands this week. The buyer, a joint venture of Inland Western Retail Real Estate Trust Inc. and Canada-based RioCan Real [...]…

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Gables Residential, Archstone Build New Luxury Apartments

Gables Residential, Archstone Build New Luxury Apartments

By Georgiana Mihaila, Associate Editor Marking their second joint venture development in the Houston market, Gables Residential and Northwestern Mutual began construction on Gables Post Oak. The Class A-plus apartment community is located in the Uptown area of Houston, at Post [...]…

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Chevron Expands Downtown Presence with $340M Purchase

Chevron Expands Downtown Presence with $340M Purchase

By Georgiana Mihaila, Associate Editor Chevron Corp., the California-based oil giant, has successfully closed the deal on 1400 Smith St. —also known as Four Allen Center—for a reported $340 million. Chevron has been the sole tenant of the 50-story building for [...]…

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Houston Office Buildings Snag New Owners, Tenants

Houston Office Buildings Snag New Owners, Tenants

By Georgiana Mihaila, Associate Editor The former Hewlett-Packard Co.’s office buildings in Northwest Houston have recently been acquired by a joint venture of Trammell Crow Co. and Principal Real Estate Advisors. The two 10-story buildings, located at 20555 State Highway 249, [...]…

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Redstone, Hines Bet Big on Uptown Houston

Redstone, Hines Bet Big on Uptown Houston

By Georgiana Mihaila, Associate Editor Hines has announced the estimated starting date for an Uptown luxury apartment complex that exemplifies its efforts to expand its multifamily business nationwide. The locally based national real estate developer first announced intentions at the beginning [...]…

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Centex Develops Housing Community in Parkside

Centex Develops Housing Community in Parkside

By Georgiana Mihaila, Associate Editor Dallas-based Centex, part of the Pulte family of homebuilding brands, is staying consistent with its tradition of targeting first-time buyers with its new 208-home community. To be called Parkside, the community will be located at Airport Road [...]…

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Houston to Provide New Apartments for Seniors, Youths

Houston to Provide New Apartments for Seniors, Youths

By Georgiana Mihaila, Associate Editor Both Bridgewood Property Co. and Judwin Realty Group L.L.C. have recently broken ground on major Houston-area apartment complexes, although they are targeting completely different markets. Bridgewood is building a seniors apartment complex, the third such project in the [...]…

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