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Real Estate Reporter — Houston Chronicle
As seen in:  Houston Chronicle

Real estate reporter and blogger for the Houston Chronicle.

Flashy projects rise near ballpark — The ballpark sparked a handful of new projects, but the wholesale revitalization of this corner of downtown was never fully realized. [...] with Enron a distant memory and the city in the middle of an economic boom, many of the vacant lots around the baseball stadium are coming to life with flashy new real estate developments.

Museum District to gain more high-rise luxury — A Dallas developer has broken ground on a 20-story apartment building in the Museum District area, a part of town known for having some of the most expensive rents in all of Houston. The project will add several hundred luxury units to the inner-city, which is experiencing a construction frenzy as builders rush to put up new projects amid skyrocketing rents.

Amegy Bank building hits market — Shorenstein Properties is selling Five Post Oak Park, the 28-story building it has owned since 2008. Built in 1982, the Galleria-area tower has 567,264 square feet of office space and a 1,673-space parking garage. Its main tenant, Amegy Bank, recently announced plans to move .

Commercial real estate crowdfunding takes hold — A group of Houston real estate professionals are gearing up to take advantage of a new statewide rule allowing small-time investors to buy shares in private startups, also known as intrastate crowdfunding .

Houston becomes undisputed U.S. leader in real estate boom — Houston was handed the enviable ranking as the top market to watch on a widely read report released last week on the U.S. commercial real estate industry. Expectations for all types of Houston real estate are high, according to the annual study, "Emerging Trends in Real Estate," which is based on surveys and interviews with more than 1,000 real estate investors, fund managers, developers and other industry professionals.

Weingarten reports financial results; addresses lower oil prices — The shopping center business continues to improve, particular in the Lone Star State, executives of Weingarten Realty Investors said Friday morning in a conference call discussing the company's third quarter earnings. "Texas continues to be the pacesetter," said Johnny Hendrix, executive vice president and chief operating offer of the Houston-based real estate investment trust, which owns and develops grocery-anchored shopping centers across the country.

Memorial Drive shopping center breaks ground — This rendering shows the newest strip center being built along Memorial Drive. The 10,000-square-foot stone and stucco building recently broke ground at 5801 Memorial near Westcott. The property owner and developer is a partnership led by Houston real estate investors Amir and Alan Taghdisi.

Houston rises to top of national real estate report — Houston was named the top market to watch for commercial real estate investment in 2015, according to the newest PricewaterhouseCoopers Emerging Trends in Real Estate , an annual report based on surveys and interviews with more than 1,000 real estate investors, fund managers, developers and other industry professionals.

Uptown parcel hits market — CBRE has been tapped to market this 2.7-acre property at the southwest corner of the West Loop and Post Oak Boulevard, sandwiched between Uptown Park and the Landry's headquarters building. The site is large enough to accommodate a high-rise residential building, office space, retail, "or a combination of it all," CBRE's Bill McDade said in a statement.

Offer deadline set for close-in tract — Buyers have until noon on Nov. 14 to submit their offers for a rare 21 acres of inner-city land just west of downtown. The property is a tile manufacturing plant, known as the Tarkett site, at 2728 Summer and 1809 Oliver. It's near the Washington Avenue corridor just south of Interstate 10 between Studemont and Sawyer streets.
More Articles →
Oct 29, 2014

New apartments expected to displace El Tiempo 1308 on Montrose… @GregMorago @HoustonChron

Oct 27, 2014

Some cool real estate info and pics on the design centric town of Marfa… via @Curbed

Oct 27, 2014

With oil prices slipping, is Houston diversified enough to weather a potential energy slowdown?… @BrickMichael

Oct 27, 2014

Suburban sprawl increases tension with area wildlife: "The landscape is being plowed under."… @jharden @Jdharden

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