HOUSTON-Crescent has a new tenant at its Three Westlake Park, a 414,206-sf building in the city's Energy Corridor. The oil company is taking 88,068 sf and joining tenants such as Exxon Mobil and Murphy Oil.
HOUSTON-The owner of the 75-story, 1.7-million sf Chase Tower has secured a $125- million debt refinancing. It's just another Tom Melody of LJ Melody & Co. deal. In the past five years, he has completed $800 million in deals for CBD building owners.
HOUSTON-Resource Recycling Warehouse has decided to stay put in 22,500 sf of warehouse space near the Houston ship channel. The Pittsburgh-based firm has been a tenant in the First Industrial Realty Trust building for three years.
HOUSTON-Costco is putting the finishing touches on two stores, totaling 296,000 sf, in Houston. It's part of a Texas emphasis. In keeping with North Texas openings, the stores will open together on June 7.
HOUSTON-A dissident stockholders group of Houston-based UIRT has sought an outside opinion as to the merits of its dispute with the controlling faction. The consultant upholds arguments that change must come to restore stock value.
HOUSTON-A Jerusalem-based tradeshow supplier is using Houston as its port of entry to the US. Morfit ExpoMaker says Houston's easy access to the Americas and Mexico has sparked the decision to come to Texas.
HOUSTON-The city's industrial sector has landed three lease deals for a combined 50,506 sf. The tenants are taking warehouse space in the Central Distribution Center, Interchange Business Center and N. Shepherd Drive.
HOUSTON-A Colorado-based high-tech provider, Expanets, is boosting its Houston operation, signing for 29,446 sf at Bridgewood I. The 135,777-sf office building is a holding of Koll Bren Schreiber.
HOUSTON-America Tower's renovation is on its way to an international competition for BOMA's prestigious TOBY award. Cushman & Wakefield of Texas had overseen the redo of the 43-story, one-million sf office structure in the Montrose submarket.
HOUSTON-Houston Port Authority has signed off on a plan to merge its operation with Galveston's port. Now, Galveston must decide. Houston would get developable land in the deal and Galveston, needed capital. The deal would make it the premier Gulf port.