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Houston housing market sees gains in lower-end of market
Homes priced between $100,000 and $250,000 saw the strongest sales gains while demand for luxury homes declined compared with last year, according to the latest report from the Houston Association of Realtors.
Beck Redden renews lease in Houston Center complex
Houston litigation firm Beck Redden has renewed its lease on the top two floors of LyondellBasell Tower in downtown's Houston Center for 10 years.
Judge signs emergency order against Montrose Management District
Houston developers announce Market at Houston Heights project
Capital Retail Properties and Wile Interests have teamed up to transform 1.7 acres along North Shepherd Drive, south of 16th Street, into a 30,000-square-foot lifestyle center that will bring services and restaurants to a rapidly changing area of the Houston Heights.
Sweet Paris crêpe shop to open three more locations
Sweet Paris Crêperie & Café plans to open three more Texas locations in the spring of 2018. The Houston-based restaurant, which opened in Rice Village five years ago, has other locations in CityCentre and Nuevo Vallarta, Mexico.
Valcap Group buys Katy apartment complex
Valcap Group has purchased the Remington Katy, a 352-unit apartment complex at 22631 Colonial Parkway near Interstate 10 and the Grand Parkway, in an off-market transaction.
Investors acquire former Weatherford campus in north Houston
A group of local investors has acquired a former Weatherford campus north of Houston.
Retail Wrap: Clute shopping center opens wide for dentistry practice
Real estate in brief: Commerce Green Office Park fully leased in Sugar Land
Chicago investor acquires Houston industrial park
Brennan Investment Group has acquired an industrial park in northwest Houston.
Hines debuts luxe apartment tower
Houston-based Hines is betting its success in the office market will carry over to the residential side.
Harvey damage could force hundreds in Houston area to raise their homes
More than 1,600 Houston property owners who flooded during Hurricane Harvey will likely be forced to elevate their homes if they want to continue living there. The city's Public Works Department is preparing to notify property owners in floodplains that their structures have been declared "substantially damaged" and will required additional repairs to comply with current building codes. For most, that will mean physically raising their properties, a pricey upgrade that can cost well more than $150,000. The 1,611 letters that start going out this month will be the "first batch" for properties identified as damaged so severely that repairs would cost more than 50 percent of the market value of the structure, excluding the land.
Report: Marathon Oil Tower in talks to be sold
A partnership including a Houston-based real estate firm is in talks to buy Marathon Oil Tower for $175 million, an industry publication reported this week.
U.S. new-home sales pick up the pace
Deal of the week: Tower above Hermann Park finds buyer
Retail Wrap: Creamistry is in expansion mode locally
Real estate in brief: Contemporary Services inks South Loop lease expansion
Upper Kirby mixed-use project inks first office leases
Thor Equities has inked its first office leases within Kirby Collection, a large mixed-use project under construction in Upper Kirby. The New York developer signed long-term leases with Hancock Whitney Bank, Novum Energy Trading and Regency Centers totalling 36,775 square feet. The deals are indicative of companies' growing appetite for office space within larger mixed-use projects where workers can not only work, but live, eat and play. Move-ins are expected to begin in the second quarter of 2018. "All three tenants were attracted to the project's highly desirable location, attractive amenities and modern design," Melissa Gliatta, COO of Thor Equities, said in a statement.
Quantum Energy Partners leases Capitol Tower's top floor
Quantum Energy Partners has leased the top floor of Capitol Tower, a Class A office building in downtown Houston.
Falcon Steel America to open large factory in Conroe
Falcon Steel America plans to open a new factory in Conroe that will increase its manufacturing capacity by 60 percent.