HOUSTON-Kroger opens its latest Signature Store, a 63,373-sf location in the 130,000-sf Sterling Ridge Village. The grocer is one of three anchors in The Woodlands' fifth retail center, which is 90% leased.
HOUSTON-CMC Realty Group of Houston is teaming with Dallas-based Today Realty Advisors on a 150,000-sf tech center in The Woodlands. The state-of-the-art project, bearing a June 2001 completion, is tailored to data and call centers.
HOUSTON-A $43-million financing package gets a green light from GMAC Commercial divisions for the makeover of the CBD's Humble Building. Apartments and hotel rooms are in the offing with the financing.
HOUSTON-Coastal Corp.'s aggressive sell-off puts 306 convenience store operations into the hands of Phillips Petroleum. The pact comes just days after 253 stores are passed to Sunoco. The deals are cut practically on the eve of a merger signing.
HOUSTON-EMO Trans Inc., headquartered in Freeport, NY, is migrating south in a deal cut for 19,800 sf at the Interwood Business Park along Heathrow Forest Parkway. Midway Development is the property owner.
HOUSTON-St. Luke's Episcopal Health System is gearing up for a February ground-breaking on a 24-acre tract in the Woodlands. The 263,000-sf project calls for an 82-bed facility and a consortium of health-care services.
HOUSTON-The Wolff Cos. has parceled off 17 acres near the First Crossing Business Park to Sam's Club, a Wal-Mart subsidiary. Wolff, who had owned 65 acres, is holding onto 18 acres that will be developed for office and retail uses.
HOUSTON-The planned merger of Coastal Corp. and El Paso Energy Corp. has nothing to do with the sell-off of 253 convenience store-gas station combos on the eastern seaboard, says the company's CEO. The acquisition and the merger are expected to close by the end of this month.
HOUSTON-An El Paso-based company is plotting its future by relocating headquarters to Houston. Telnyx is working out of temporary offices at the Chase Bank Building while the search is under way in the Bellaire area for permanent quarters.
HOUSTON-Property owners of an upscale neighborhood lack the necessary clout to block a 30-unit motel going up in their midst. The motel's plans meet city codes and the owner has his permits in hand, thanks to Houston's "no zoning" stance.