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REALSHARE CONFERENCES
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March 23, 2010
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April 15-16, 2010
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June 3, 2010
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Full 2010 Conference Schedule >
HOUSTON BREAKING NEWS
March 20, 2010
Miller Reshapes to Boost Area Presence

HOUSTON-Henry S. Miller executive Shawn Ackerman will start a new brokerage division in the northwest submarket to help fuel expansion. ... Full Story

Melodys, Fish Join JLL Capital Markets

HOUSTON-Tom and Mike Melody and Tom Fish leave CB Richard Ellis to help build real estate investment banking capabilities at Jones Lang LaSalle. ... Full Story

Frontier Takes Down 300,000 SF

PASADENA, TX-The third-party logistics company will occupy the industrial space in March and use it for packaging and distributing plastic resin. ... Full Story

149,000-SF Spec Groundbreaking Imminent

HOUSTON-In what is likely to be a rare phenomenon this year, Carson Cos. readies to build its speculative Portwall Distribution Center IV. ... Full Story

289-Unit Metropole Comes to Market

HOUSTON-Just weeks after foreclosing on the class A-plus asset, owner Lynd Residential wants flip it for a quick profit. ... Full Story

Zigler Takes Position with LMI

THE WOODLANDS, TX-Richard Zigler, formerly with Kaplan Acquisitions makes the move to managing director of LMI Capital. ... Full Story

KBR: We're Staying Downtown

HOUSTON-The engineering and construction company scraps plans for a west side campus to renew and expand to 1.2 million square feet. ... Full Story

Camden: 2010 Will Continue Challenging

HOUSTON-The apartment REIT points out its product is tied to job recovery; until the latter recovers, growth in the former will be slow. ... Full Story

ALR Continues Buying Spree with 304 Units

HOUSTON-Chicago-based Adams LaSalle Realty grows its portfolio with its acquisition of the class A Legacy Park Apartments. ... Full Story

ARCT Receives $16M Loan for FedEx Facility

HOUSTON-Less than a year after acquiring the 152,640-square-foot asset, American Realty Capital Trust has its pick of lenders for financing. ... Full Story

Pinnacle HQ Groundbreaking Imminent

PASADENA, TX-Groundbreaking on phase one of the 18-acre corporate campus – a 30,000-square-foot office building, is likely to take place in February. ... Full Story

Foreclosed 155,000-SF Office Sells

HOUSTON-The building at 2550 N. Loop W., damaged by Hurricane Ike, ends up with Mehta Commercial Ltd. for close to the $3.7 million ask. ... Full Story

Retail: Expect Status Quo in Early 2010

HOUSTON-Experts tell GlobeSt.com things won't change during early 2010. It will be a tenant's market, with franchisees and 'necessity' tenants expanding. ... Full Story

Four Chasewood Almost Full, More Planned

HOUSTON-Leases totaling more than 16,000 push the 105,223-square-foot office building to 90% occupancy as plans for Five Chasewood are completed. ... Full Story

Sunoco Brings 150 Acres to Market

PASADENA, TX-The company's chemical division, which shut down its functionally obsolete factory, is putting it on the block. ... Full Story

Fausset Re-Enters Market With 127,000-SF Buy

HOUSTON-The SoCal buyer pays north of $5 million for ownership rights to the class B Northwest One office building. ... Full Story

Council Gives Go Ahead to $50M MXD Plan

HOUSTON-Midway Cos. now has two years to pre-lease 10 acres in front of the Bush Intercontinental Airport's Consolidated Rental Car Facility. ... Full Story

Buyer Takes 1M-SF West Oaks: Again

HOUSTON-Four years after selling the west-side mall for $102 million, principals with Pacific Retail pay $15 million to reclaim ownership. ... Full Story

Lynd & McCombs Acquire $32M Note

HOUSTON-The partnership acquired the loan, at a discount, on the 289-unit Metropole Apartments before foreclosing on the asset. ... Full Story

JV Buys Out Interest in 330-Unit Eclipse

HOUSTON-Behringer Harvard and PGGM part with more than $25 million to pay a mezzanine construction loan and obtain title to the land. ... Full Story

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