David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Texas - TX
Houston’s 3000 Post Oak Office Headed to Foreclosure
Commercial Real Estate Direct Staff Report The $80 million CMBS loan against the 441,523-square-foot 3000 Post Oak Blvd. office building in Houston's Galleria area is headed to foreclosure. The loan is divided among three CMBS deals, with a $35 million ...
MetroNational Buys Luxury Hotel at Houston’s CityCentre
Houston Business Journal MetroNational has acquired the Moran CityCentre, a 244‑room luxury hotel in Houston. The local company purchased the property from Midway, also of Houston. The purchase price was not immediately known. Moran CityCentre, at 800 Sorella Court, is ...
Estein Venture Paid $163.3Mln for Dallas’ Pinnacle Tower, Gets $100Mln Loan
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $163.3 million, or $297.41/sf, for the 549,076-square-foot office building. It funded its purchase with a $100 million ...
Whitney at The Heights
Presidium has bought Whitney at The Heights, a 186-unit apartment complex in Houston for an undisclosed price. An affiliate of Kor Group of Los Angeles sold the property, which it had purchased in April 2022. That deal was funded in ...
Pinnacle Tower
Pinnacle Tower, at 5005 Lyndon B Johnson Freeway, was built in 1986 and underwent $10 million in renovations in 2022. It is 88% leased.
Cousins Properties Selling One Eleven Congress Office in Downtown Austin, Texas
The Real Deal Cousins Properties Inc. is selling One Eleven Congress, a 503,344-square-foot office building in downtown Austin, Texas. The Atlanta REIT said the sale is expected to close in the third quarter. The pending buyer and sales price were ...
City of Irving, Texas, Buys 260,706-SF Office Building in Suburban Dallas
ConnectCRE The City of Irving, Texas, has bought MacArthur Ridge II, a 260,796-square-foot office building in that suburban Dallas city. Grupo Haddad sold the six-story property in a deal brokered by Bradford Commercial Real Estate Services. Grupo bought it from Hines ...
105,869-SF Retail Property in Pasadena, Texas, Changes Hands
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas. JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company calling itself JKZ ...
Vacancies Remain High in Houston’s Office Market
The city's office market continued to struggle last quarter, with absorption remaining in the red. A bright spot was the city's Energy Corridor, which has benefited from the country's sharp increase in oil production. The submarket has some of the ...
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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.
