Houston developer to add new tower to Energy Corridor
Mac Haik Realty is planning his fourth office building at the intersection of Kirkwood and Interstate 10. The Houston development firm said it will break ground next month on the building, Energy Tower...
View ArticleOffice building sales soar above last year
Houses aren’t the only properties selling like hotcakes in Houston. This city was ranked the third busiest market for office building sales in the first half of the year, according to Real Estate...
View ArticlePhillips 66 reveals rendering of new HQ
This is what the new Phillips 66 office campus could look like, according to the company, which shared details about the project with its employees this week. The campus is still the “conceptual design...
View ArticleHouston office building gets facelift
The owner of Brookhollow Central I has completed an $11 million renovation to the North Loop office building, as it looks for a tenant to lease the vacant 200,812-square-foot building. Ziegler Cooper...
View ArticleHines broadcasts details of new high-rise
Hines has set up a website detailing the company’s proposed 17-story office building on San Felipe that may ease concerns of some of the River Oaks residents unhappy about the project. The site,...
View ArticleEnergy Corridor property trades hands
A 14-story office building in the Energy Corridor, along with an adjacent seven acres where a second tower is planned, has been sold to AEW Capital. The Boston-based real estate investment firm...
View ArticleOffice construction surpasses historical norm
Costar This graph from CoStar shows Houston as having the most office space under construction as a percentage of the market among 20 cities across the country. Rising above our historical norm, new...
View ArticleExxon Mobil shows off its new campus to investors
Exxon Mobil’s new campus north of Houston will include about “20 buildings designed around a three-acre commons, modeled after the great public squares found in Europe and the United States.” That’s...
View ArticleJacobs Engineering to lease new Energy Corridor building
Construction is about to heat up on another project in the Energy Corridor. Jacobs Engineering has signed a lease for nearly 82,000 square feet of space in what will be a seven-story office building at...
View ArticleVitol set to occupy new Upper Kirby development
International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday. Midway Cos. said it will build an office campus for the company...
View ArticleSkanska reveals plans for new Energy Corridor development
Petroleum Geo-Services will lease 122,000 square feet in a new building slated for the Energy Corridor, a developer announced Wednesday. Skanska USA Commercial Development, which is building the office...
View ArticleMarathon Oil Tower sold to LA firm
The 41-story Marathon Oil Tower in the Galleria area has been sold to a real estate fund affiliated with Los Angeles-based CBRE Global Investors. The new owner, CBRE Strategic Partners U.S. Value 6,...
View ArticleHines announces timeline for downtown skyscraper
The Houston office of Hines said it will begin pre-construction work on 609 Main, the 47-story tower the company has been planning downtown, during the first week of November. Site preparation will...
View ArticleCBRE expands research amid westward growth
The west side of town is so active with new development that the local office of CBRE has added two new submarkets to support its market research. The new areas — West Belt and Far West — will improve...
View ArticleExxon building to get sleek upgrade
Here’s what architects are planning for downtown’s soon-to-be-vacant Exxon Mobil building. On its website, Ziegler Cooper said it won an “invitation-only competition for the extensive renovation of the...
View ArticleDeveloper to ramp up tenant amenities in new downtown tower
This architectural model represents 609 Main at Texas, a downtown office tower scheduled to break ground in March. An executive at Hines, which recently developed 811 Main, also known as BG Group...
View ArticleInner Loop buildings change hands
These sister buildings on the North Loop were recently purchased by a partnership between Houston-based Fuller Realty Advisers and Dallas-based Chief Partners. Christus Health anchors the taller of the...
View ArticleHines sells parking company
Houston-based Hines, the commercial real estate developer that built many of the city’s landmarks, has sold a parking services company it formed in 2000. The company, WinPark Management LLC, was sold...
View ArticleHines breaks ground downtown
Hines announced Wedensday that it has started construction on a 48-story office tower at the corner of Main and Texas in downtown Houston. The project, 609 Main, is the first of several planned...
View ArticleHeavy construction at the old downtown Macy’s site
An office building will soon rise along Main where the old downtown Macy’s was demolished in September. Crews from D.E. Harvey are working on the foundation this week as a steady stream of concrete...
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