HOUSTON-A recommendation has come in that the Houston-based United Investors Realty Trust seeks a buyer in a move to up shareholder value. The REIT's CEO says the option will immediately be explored.
HOUSTON- Price Plaza is showing its muscle in the west Houston market, attracting seven new tenants. Brokers have finalized deals totaling 117,984 sf, the largest being a pact with Best Buy.
HOUSTON-The state's largest bank, based in Houston, will merge within days with Seattle-based Washington Mutual. Houston's Bank United shareholders have given a green light to the deal.
HOUSTON-Mann Berkeley Eye Center will relocate its headquarters in an expansion move that makes it the lead tenant in a 78,286-sf office building. The ophthalmology practice has signed for 26,281 sf at 3100 Weslayan.
HOUSTON-Katrina Plank is headed to Denver, where she will be the new vice president and development partner for The Morgan Group. Denver is one of the luxury apartment developer's key markets.
HOUSTON-A second Suburban Lodge has opened in Houston and more are sure to follow, says a franchise partner who had helped the chain get up and running in 1987. It might be Houston's second, but it's the seventh for him and his development partner.
HOUSTON-W.M. Dillard is known for industrial projects, but this time the design-build team is flexing its muscle over a 178,834-sf project for CSR Hydro Conduit. Dillard says the undertaking shows its mastery of the complex.
HOUSTON-Walden has expanded its IT contract with USOL Holdings. The beefed up pact will bring high-speed Internet connections to 2,000 Houston apartments in seven complexes.
HOUSTON-The Park Row area is in line for a 53,000-sf church campus. The Korean Central Presbyterian Church has set the development in motion with a 7.9-acre purchase from the Wolff Cos.
HOUSTON-Transwestern's Houston office has snagged the leasing assignment for the 207,535-sf Enclave Parkway. The Energy Corridor property is a prime candidate for tenants seeking corporate headquarters space.