Three New Houston Hotels Opened By Candlewood Suites

Candlewood Suites Begins Texas Expansion With Houston Hotels

2/28/2010 – Houston Commercial Real Estate: Candlewood Suites started their Texas hotel expansion with three new Houston extended stay hotels. They have plans to open two more by the end of July. The current expansion plan calls for a total of 13 new extended stay hotels state wide [...]

Small Health Care REIT Makes Sugar Land Commercial Purchase

Healthcare Trust of America Inc. and Mission Cos. enter contract for 12.4 million

2/25/2010 – Sugar Land Commercial Real Estate Market News: Healthcare Trust of America Inc. recently entered into contract to purchase a 60,000 square foot Sugar Land Medical office building located at 15400 Southwest Fwy. S. The medical building was known as Sugar Land [...]

Construction Begins On New Seabrook Library

2/21/2010 – Houston Metro Real Estate News: Demolition of old Seabrook library which was massively damaged by Hurricane Ike is nearly complete. So, ground breaking of the new 5.6 million Seabrook library took place. The new library should be completed within the next year and will contain a planned 21,100 square feet.

Ozburn Hessey Logistics signed 75,000sf lease with Panattoni Development

p>2/21/2010 – Houston Commercial Real Estate Market News: Ozburn-Hessey Logistics is a full service 3PL providing supply chain management solutions including international and domestic transportation, warehousing, customs brokerage, freight forwarding and trade consulting services. Ozburn-Hessey recently signed a lease with Panattoni Development for 75,000 square feet in the Airtex Industrial Center located at 14810 North [...]

Allied Power Consolidates Office Location To Houston, TX

Allied Power Cuts Costs By Consolidating To Houston

2/19/2010 – Houston Commercial Real Estate News: Allied Power Group, a gas turbine replacement parts and repair company, purchased a 70,000 square foot facility at 10131 Mills Road that it completed renovations on and moved into this January. The new facility allowed consolidation of its 7 facilities in [...]

Largest Office Space Lease Since 2008 Occurs In Houston

KBR Signs Huge 1.2 Million Square Foot Lease

2/19/2010-Commercial Real Estate News: A Houston area based global engineering, construction and services company by the name of KBR recently signed the largest U.S. lease since 2008. KBR renewed its long term downtown office space lease in the KBR Tower and 500 Jefferson building. And then added another [...]

JPMorgan Chase Building Under New Ownership

2/16/2010-Downtown Houston Real Estate News-Brookfield Real Estate Opportunity Fund obtains 3 new Houston commercial buildings through 200 million transaction with JPMorgan Chase. The 1929 constructed historical building at 712 Main st. known as the JPMorgan Chase building was included in the sale along with 1934 W. Gray St., a 23,000 sqft office builing, and 8515 [...]

Charming Charlie Adds Missouri City Industrial Space

Charming Charlie Signs Missouri City Industrial Space Lease

2/16/2010 – Missouri City Real Estate News – A fashion accessories retailer named Charming Charlie Inc. just signed a lease for 141,000 sqft of Industrial space it intends to warehouse color coordinated earrings, necklaces and bracelets. The new Charming Charlie location is located at Beltway Crossing Business Park [...]

Houston’s JPMorgan Chase Center Sold To Texas Tower Ltd

The 1.1 million-sf JPMorgan Chase Center in Houston’s central business district has gone to a new owner, Texas Tower Ltd. The Class A office building, valued by the Houston County Appraisal District at $32 million, is adjacent to the 75-story JPMorgan Chase Tower, which is also owned by Texas Tower Ltd.
The sale is the result [...]

New Embassy Suites opens in Houston’s Energy Corridor

The 14-story, 216-room Houston Embassy Suites-Energy Corridor is open at 11730 Katy Freeway.
The 197,019-sf Houston Embassy Suites-Energy Corridor hotel is part of the Energy Plaza Office Park and an ongoing development project that also includes two office buildings totaling 775,000 sf, which are approximately 98 percent leased.
The hotel features two-room suites, 7,000 sf of flexible [...]