Houston Real Estate News

Real estate in brief: Aquilon Energy expands locally with downtown Esperson lease

Greater Houston Real Estate - Mon, 10/23/2017 - 02:08
Aquilon Energy Services has leased 4,619 square feet at Esperson, 808 Travis. The company, based near Chicago, developed the Energy Settlement Network, a cloud-based platform to automate wholesale energy settlements. Reggie Beavan and Evan Roland of Jackson Cooksey represented the tenant. Jano Nixon Kelley of Cameron Management represented the landlord. Colony NorthStar has acquired the Bayou Bend Business Park, 8520 S. Sam Houston Parkway West, as part of a national portfolio. The fully leased property, developed by Stream Realty in partnership with Thackeray Partners, consists of two buildings totaling 378,380 square feet. CBRE National Partners brokered the deal.

Capitol Tower to have 'floating' sky park with downtown views

Greater Houston Real Estate - Mon, 10/23/2017 - 02:08
A sky park 12 floors above street level will be part of downtown's Capitol Tower when it opens in 2019. Skanska, which is developing the 35-story office building with Bank of America as the lead tenant, revealed the green roof as a sustainability feature. The 24,000-square-foot park, which represents the size of about half a city block, will provide views of Pennzoil Place, 712 Main and Esperson. Winding paths bordered by native plants and grasses and shaded by arbors and roofs, will provide a spot for tenants and private corporate events. "It will be very transparent to look out over the edge," said Matt Damborsky, executive vice president for Skanska Commercial Development.

Deal of the week: Tarka Indian Kitchen about to open in Spring

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07
Tarka Indian Kitchen is coming to the new Market at Springwoods Village in Spring and scouting additional locations. The restaurant at 2168 Spring Stuebner at Holzwarth opens Wednesday. Austin-based Tarka, which made its debut in Houston in the Heights in June, has five other stores, in Austin, Round Rock and San Antonio. The menu includes traditional curries, kabobs and biryanis, masala fries and Naaninis, or pressed naan sandwiches filled with shredded lamb, curried chicken or vegetables. Made-to-order dishes, ordered at the counter, typically cost less than $10. "It's a natural next market as we expand outside of Austin," said CEO Tinku Saini, who co-founded the chain in 2009.

David Young & Co. to join John Daugherty, Realtors

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07
Luxury real estate brokerage John Daugherty, Realtors has acquired David Young & Co., a local boutique firm with agents who specialize in high-end neighborhoods in Memorial, the Energy Corridor and Katy. John Daugherty Jr. said the deal will allow his 50-year-old company to expand its presence in west Houston and tap into new technological capabilities. "(Young) has some technologies that no one else has in the Houston market," Daugherty said. "Part of what we're purchasing is this modern technology." Daugherty's expansion into west Houston comes at a time when many of the neighborhoods there are in distress after Hurricane Harvey.

Demand for warehouse, distribution space rises after Harvey

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07

CBRE expects demand for warehouse and distribution space to spike as Houstonians begin rebuilding more than 136,000 homes damaged by Harvey.

Houston home sales see post-Harvey rebound

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07

Houston-area home sales bounced back in September after a double-digit decline in August when Hurricane Harvey battered the region, forcing real estate offices to close and open houses to cancel.

WeWork to open Galleria location

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07

WeWork, the $20 billion co-working giant, will open a new spot in the Galleria, the second Houston location for the office-sharing behemoth.

Israeli plastics manufacturer signs industrial space in Humble

Greater Houston Real Estate - Wed, 10/18/2017 - 02:07

The facility will serve as the base of Starplast's manufacturing, storage and distribution operations in the U.S.

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