Tag: real estate

Little oil town has nation’s highest rents

The nation’s highest rent costs can be found in a small oil boom town where the average cost for a month’s rent in a 700-square-foot, one-bedroom pad can run $2,400.  More »

Marathon Oil Tower sold to LA firm

The 41-story Marathon Oil Tower in the Galleria area has been sold to a real estate fund affiliated with Los Angeles-based CBRE Global Investors.  More »

Energy trading firm to anchor new Houston development

International energy trading firm Vitol will anchor a new development planned in the Upper Kirby District, a developer announced Tuesday.  More »

Mineral rights get top billing in land sales

Not long ago you could buy as much ranch land as you wanted in South Texas, with the mineral rights to boot. After the Eagle Ford? Not so much.  More »

Corporate moves: EPL Oil & Gas, Southwestern Energy move headquarters

Houston’s energy scene is growing, as ELP Oil & Gas announced moving its corporate headquarters to Houston and Southwestern Energy has broken ground on a new corporate headquarters.  More »

Technip fills up another Houston office building

French energy services firm Technip has leased a 17-story building, adding to the space it already occupies along the Energy Corridor in west Houston, developer Mac Haik announced Wednesday.  More »

Energy industry helping drive Houston housing demand

Demand in the Houston area has shot up amid additional office development and a coming relocation for thousands of Exxon Mobil Corp. employees.  More »

Exxon takes Energy Corridor property to market

As it prepares to move into a new campus north of Houston, Exxon Mobil Corp. has started looking for buyers for its 35-acre chemical facility in the Energy Corridor.  More »

Midland counts on 53-story tower as oil again buoys Texas

When clients in Midland, Texas, complained that they couldn’t find office space, hotel rooms or banquet halls, hedge fund co-founder Joseph Jacobs saw a big opportunity.  More »

Chevron buys downtown property

Chevron Corp. has expanded its downtown property portfolio with the acquisition of a public parking garage at 1400 Louisiana.  More »

Baker Hughes builds new training center for rig workers

See renderings of the $50 million education and training center under construction in Tomball for oilfield services firm Baker Hughes.  More »

Houston ranks No. 1 for corporate growth

The Houston area had more corporate expansion projects last year than any other large city in the country, according to a new report from Site Selection magazine.  More »
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