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Discount Grocer ALDI Bets Big on Houston, Plans 30 Stores

Discount Grocer ALDI Bets Big on Houston, Plans 30 Stores

Discount grocer ALDI plans a grand entrance in the Houston market, opening 30 new stores over the next three years. According to an official statement, the company is expected to bring an investment of more than $100 million in capital expenditures to the local community, as well as creating nearly…

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Post Properties to Deliver 242 Luxury Units on Richmond Avenue in 2013

Post Properties to Deliver 242 Luxury Units on Richmond Avenue in 2013

In conjunction with its first quarter earnings announcement, Post Properties made official its intent of developing a new Houston apartment community.…

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New Wood Partners Project to Be Set in Washington Corridor

New Wood Partners Project to Be Set in Washington Corridor

Following the late February groundbreaking of the luxury Alta Woodlake Square community in Houston’s Westchase District, developer Wood Partners L.L.C. is now eyeing the Washington Corridor for its newest project.…

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Khosbin Buys Two Office Buildings in Greenspoint

Khosbin Buys Two Office Buildings in Greenspoint

Holliday Fenoglio Fowler L.P. announced the purchase of two multi-tenant office buildings—333 North Sam Houston Parkway and 10700 Interstate 45 North—by the Koshbin Co. for an undisclosed amount.…

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JV Acquires 19 Acres in Houston’s Energy Corridor for Major Multi-Phase Development

JV Acquires 19 Acres in Houston’s Energy Corridor for Major Multi-Phase Development

Trammell Crow Co. and Principal Real Estate Investors have teamed up for the purchase and future development of an 18.9-acre site located at the southwest corner of Interstate 10 and North Eldridge Parkway in the heart of Houston’s Energy Corridor.…

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Cole Real Estate Buys High-Density Urban Retail Center

Cole Real Estate Buys High-Density Urban Retail Center

Greenway Commons—a core, Class A super-regional power center in Houston—recently changed ownership, when Trammell Crow Co., Prudential Real Estate Investors and The Morgan Group sold the 253,000-square-foot, high-density urban retail center to Cole Real Estate Investments for an undisclosed amount.…

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Investors Show Interest in Houston Multifamily Assets

Investors Show Interest in Houston Multifamily Assets

By Georgiana Mihaila, Associate Editor The Oaks at Cypress Station apartment complex recently changed hands for a reported $11 million. The deal was brokered by Edward Nwokedi, senior director for Cushman & Wakefield Inc., with Lance Edwards of First Cornerstone Group [...]…

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Phoenix Tower Welcomes New York Life as Newest Tenant

Phoenix Tower Welcomes New York Life as Newest Tenant

By Georgiana Mihaila, Associate Editor After undergoing extensive renovations, the 34-story Phoenix Tower recently announced the addition of insurance company New York Life to its list of tenants. New York Life—the largest mutual life insurance company in the United States, with more [...]…

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McKinney, Pavilions Land New Tenants, Increase Occupancy Rates

McKinney, Pavilions Land New Tenants, Increase Occupancy Rates

By Georgiana Mihaila, Associate Editor The historic 1001 McKinney building has experienced a boost in occupancy rate after signing intellectual property law firm Conley Rose as its newest tenant. The 21,001-square-foot lease takes occupancy to 85 percent, considerably higher than the [...]…

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Strong Demand Drives More Plans for Woodlands

Strong Demand Drives More Plans for Woodlands

By Georgiana Mihaila, Associate Editor Currently the second-best-selling master-planned community in Texas and No. 4 nationwide, The Woodlands has gradually become home to more than 1,700 employers, including 100 major companies. More than 47,000 employees work in the 28,000-acre community 27 miles north [...]…

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Wood Partners Breaks Ground on $32M Westchase District Luxury Apartment Community

Wood Partners Breaks Ground on $32M Westchase District Luxury Apartment Community

By Georgiana Mihaila, Associate Editor On Feb. 27, Wood Partners L.L.C. officially broke ground on the $32.4 million Alta Woodlake Square, a luxury apartment community in the Westchase District of Houston. With its location set at 2630 Tanglewilde St., the community will [...]…

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Assisted Living Memory Care Community Breaks Ground in Katy

Assisted Living Memory Care Community Breaks Ground in Katy

By Georgiana Mihaila, Associate Editor A groundbreaking ceremony held on Feb. 16 marked the construction start of Evergreen Cottages, an assisted living memory care community in Katy. The community, located at 21715 Bridgewater Village Drive—near the intersection of Mason and Clay—is specifically [...]…

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