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HOUSTON-The sellers end a six-year hold with the pass to Warburg Pincus Real Estate and Crestline Hotels & Resorts. Sources say the asset rang up $60 million to $70 million.
HOUSTON-Bray International signs a 10-year lease to become the first tenant in Westland I, a 262,800-sf spec warehouse in Duke's Westland Business Park.
KATY, TX-The buyer pays about $18 million for the 145-key hotels and immediately raises its flag, Extended Stay Deluxe, in the far west submarket and Sugar Land.
HOUSTON-In a half-day session Nov. 1, experts from all walks of the industry will gather to offer tips for staying ahead of the game in a booming regional market.
HOUSTON-After owning the trophy since the 1980s, MetLife is selling the 1.7-million-sf trophy. The prize is predicted to top the $275-per-sf going rate of its CBD peers.
HOUSTON-Birchmont Capital Advisors, with two unrelated partners, ponies up about $172 million for class B complexes in Houston, Dallas, Fort Worth and San Antonio.
HOUSTON-Right Place Properties gets the 94-unit Braesforest Apartments as its inroad to the city. The rehab calls for $30,000 per door to convert it to condos.
THE WOODLANDS, TX-Inland American, Crescent and Morgan Stanley work out the trade of the 341-key Woodlands Waterway Marriott Hotel and Convention Center.