News
Houston's office glut is fueling a demolition trend for mostly vacant properties
5+ hour, 34+ min ago (194+ words) One demolition company reports demand that outstrips its capability to meet it As the Houston office market struggles to recover at the same rate as other similar cities, sometimes just tearing the buildings down is better for everyone involved." Record…...
Texas" top construction permits for the week ending May 4, 2026
1+ mon, 4+ week ago (227+ words) TRD reports on the Lone Star State's top new permits last week The Dallas-Fort Worth International Airport plans to spend $650 million on the latest phase of a sixth terminal, taking first place among the most expensive new construction projects filed…...
Texas mall teardown revives long-stalled Dallas-to-Houston bullet train plans
2+ mon, 3+ day ago (314+ words) Demolition of 45-acre Houston site signals movement, even as rail project faces funding doubts After years of false starts and fading relevance, one of northwest Houston's most prominent retail relics is finally coming down, signaling that the state's long-delayed high-speed…...
Home prices fall in Houston while national median ticks up
2+ mon, 3+ day ago (503+ words) Metro led the nation with over 40, 000 listings in March Home prices fell in the country's best-supplied housing market this spring. The Houston metropolitan area recorded the most active listings of any metro in the country last month, and sales prices…...
Hunters Creek manor in Houston sells for $10 M-plus
4+ mon, 1+ week ago (262+ words) A French manor-style estate in Hunters Creek Village topped Houston's home sales for the week of Feb. 8, changing hands for more than $10 million. The 9, 766-square-foot mansion at 412 Timberwilde Lane was the priciest home sold in the region during the period,…...
Interra Capital buys distressed Greenway Plaza in Houston
2+ mon, 3+ week ago (369+ words) Court-appointed receiver put 54-acre mixed-use office campus up for sale two years ago A local private equity firm bought a major, long-distressed Houston office complex. Interra Capital Group purchased Greenway Plaza, a 54-acre mixed-use campus out of receivership, public records…...
Houston housing inventory tops national charts
9+ mon, 1+ week ago (267+ words) Surpassed all major U. S. metros with 44, 000 listings last month More houses are for sale in Houston than ever before. Houston neared 44, 000 home listings in August, marking a year-over-year increase of more than 8, 000 homes and driving its inventory to the biggest in…...
Has Houston's office market bottomed out at $54 per square foot?
10+ mon, 1+ week ago (374+ words) 801 Travis sold for $12. 1 million after nearly a decade on CMBS watchlist Has Houston's office market bottomed out with the sale of 801 Travis Street?" The beleaguered 222, 000-square-foot office building traded after nearly a decade on the CMBS loan watchlist. Court records…...
Radom, Asana land construction loan for apartments in Houston hotspot
10+ mon, 1+ week ago (258+ words) Veritex Community Bank provided four-year loan to build multifamily near historic Heights Clock Tower The developers of Clock Tower Residences in Houston secured construction financing for the multifamily component of the mixed-use project. Dallas-based Veritex Community Bank provided a four-year…...
Top Houston office broker drops suit against ex-employer CBRE
11+ mon, 1+ week ago (332+ words) Lucian Bukowski sued over client files after joining Stream Lucian Bukowski ended his legal dispute with CBRE five months after suing the brokerage giant for allegedly blocking access to his client files, the Houston Business Journal reported. The longtime Houston…...