State: Texas - TX

NRG to Lease 245,000 SF in Downtown Houston

by Dan Moynihan

October 3, 2023 in South Central

Houston Business Journal NRG Energy Inc. has signed a lease for about 245,000 square feet of office space at the 4.2 million-sf Houston Center in downtown Houston. The energy company will occupy the top 10 floors at 3 Houston Center, which ...

Parkway Buys 2 Houston Office Properties

by Dan Moynihan

October 3, 2023 in General News

Houston Business Journal Parkway has bought a pair of office properties with about 2.66 million square feet in Houston for undisclosed prices. The seller, which was represented by Eastdil Secured, was not identified. Parkway formed in May when Parkway Property ...

Silverbrook

by Dan Moynihan

October 2, 2023 in

Falltree

by Dan Moynihan

October 2, 2023 in

InterContinental Houston – Medical Center

by Dan Moynihan

October 2, 2023 in

Stockdale Capital Partners has bought the InterContinental Houston - Medical Center, a 354-room hotel in Houston. The Los Angeles real estate investment firm purchased the 21-story property from its developer, a venture of Medistar Corp. and TRC Capital Partners. The ...

Prestonwood Place

by Dan Moynihan

October 2, 2023 in

Prestonwood Place sits on nearly 16 acres at 5290 Belt Line Road and was built in 1980. It is more than 94 percent leased to tenants that include Chipotle, Pollo Tropical, Twin Peaks and Orange Theory Fitness.

Stake in San Antonio Mixed-Income Apartment Property for Sale

by Dan Moynihan

October 2, 2023 in South Central

San Antonio Business Journal Lavaro Capital Holdings is offering for sale its stake in Trove Southtown, a 252-unit mixed-income apartment property in San Antonio. Newmark has the listing for the stake. An asking price is not known, but the four-story ...

$14.42Mln Loan Against Dallas’ Uptown Tower Defaults

by Dan Moynihan

October 2, 2023 in South Central

Dallas Morning News The $14.42 million loan against the 253,561-square-foot Uptown Tower in downtown Dallas is in default after not being repaid before its Oct. 1 maturity. The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust, 2013-C13, ...

Cooper Street Plaza

by Dan Moynihan

September 30, 2023 in

The property is more than 97 percent leased.

Maddox Hills apartment property

by Dan Moynihan

September 30, 2023 in

Timberlane Partners has bought the 220-unit Maddox Hills apartment property in San Antonio. The Seattle real estate investor purchased the three-story complex from OHT Partners of Dallas in a deal brokered by CBRE. The purchase price was not disclosed, but ...

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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.