City: Houston
Houston Eyesore Giving Way to Midrise
March 28, 2003 Houston ChronicleA boarded-up building, once the site of the Towers Hotel near the western gateway to the Texas Medical Center, will be torn down before year's end to make room for an 11-story health-related office building. The ...
Houston’s West U Marketplace Sold to New York Firm
March 28, 2003 Houston Business JournalTrammell Crow Co. has sold the 60,000-square-foot West U Marketplace shopping center, at the corner of Bellaire Boulevard and Weslayan, to U West Marketplace Associates of New York for an undisclosed amount. The neighborhood retail ...
California Owner Refinances Houston Tower
March 26, 2003 Houston Business JournalRS Investments, the San Francisco-based owner of downtown Houston's 1201 Louisiana office tower, has received $61.3 million in permanent fixed-rate financing from Cigna Investments Inc. Tom Melody and Steve Shumake of L.J. Melody & Co. ...
2 Tenants Sign on for New Building in Houston Area
March 26, 2003 Houston Business JournalThe Reserve at Westchase, a new 193,864-square-foot, four-story building at 3250 Briarpark in the Westchase submarket, has found its first tenants. AEGIS Mortgage Corp. has signed to occupy 51,264 sf, and Wood Group Pressure Control ...
Houston Developer Plans Projects in Baton Rouge, La., Houston
March 25, 2003 Houston Chronicle (Fourth Item)Creekstone Cos. of Houston is developing a major commercial project in Baton Rouge, La. The 48-acre development, to be called Town Center at Cedar Lodge, will include a 300-unit apartment project, three office buildings ...
Downtown Houston Looking Up as Firms Search for Space
March 24, 2003 Houston Business JournalCompanies with leases expiring over the next 12 to 18 months are hiring brokers to find them deals, which has Houston landlords competing for tenants for the first time since the mid-1990s. The largest, and ...
Ground Broken on Northwest Houston Multifamily Project
March 18, 2003 Houston Business JournalKoontz McCombs, a San Antonio, Texas, development firm led by Minnesota Vikings owner Red McCombs, has broken ground on Las Ventanas, a luxury multifamily complex on more than 18 acres in northwest Houston. The development ...
Calif. Investor Buys Houston Office Building
March 17, 2003 Houston Business JournalBob Yari, a Los Angeles real estate investor, has purchased the TeleCheck Plaza office building, which is part of a 7.5-acre office and retail complex adjacent to the Galleria mall. An industry source familiar with ...
Sterling American Venture Pays $11Mln for Houston Apartments
March 14, 2003 Sterling American Property Inc. has acquired Huntington Glen, a 364-unit apartment complex in Southwest Houston.Sterling acquired the property through its Sterling American Property III and IV funds, which teamed up with BH Management Services Inc., a property ...
Simpkins Group Purchases 100 Acres in Houston Business Park
March 10, 2003 Houston Business JournalLast week, Simpkins Group, a real estate firm based in Houston, closed an all-cash purchase of more than 100 acres of land in Sugar Land Business Park, the 1,000-acre project near the intersection of Highway ...
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