Namesake tenant renews big lease at Williams Tower

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Williams, the lead tenant in its namesake tower by the Galleria, has renewed a lease for nearly a quarter of the space in the 64-story building at 2800 Post Oak Blvd.
The Tulsa-based natural gas pipeline company has committed to a long-term renewal for 353,944 square feet in Williams Tower, CBRE announced. Terms were not disclosed.
CBRE’s Dave Hanusa, Bonnie Kelley-Dienna and Jason Presley represented the landlord, Invesco Real Estate. Ronnie Deyo and Beau Bellow of JLL represented Williams in the renewal.
“We are very proud that the Williams Cos. elected to continue their long relationship and identity with the building,” Hanusa said in an announcement. “This lease is a very strong endorsement of the building and its ownership.

Exclusive: CBRE industrial vet joins another Houston firm

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Over the past 28 years, the industrial broker has completed $1.35 billion in sale and lease transactions.

BoyarMiller panel: More growth ahead for Houston commercial real estate

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Investors placed big bets on Houston real estate in 2017, and this year should shape up to be strong too, a panel of experts at BoyarMiller’s annual commercial real estate forum said Thursday.

Midway chairman: After HQ2 rejection, Houston businesses need to invest in innovation

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“The mayor’s office is working hard to move a plan forward, and we in the business community should be in full support.”

The most surprising city on Amazon’s short list (and it actually has a chance)

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Amazon.com (Nasdaq: AMZN) is out with its 20 contenders for its $5 billion second headquarters, and Houston didn’t make the cut.

But Indianapolis did.

Indianapolis might, on its face, be the most surprising and unlikely contender for Amazon’s HQ2.

The Indiana capital joins big markets such as New York, Washington, Chicago and Los Angeles and technology and innovations centers such as Austin and Boston.

But Gur Jeff Holzmann, managing director of iintoo Investments Ltd. in New York, said Indianapolis…

Photos: These boutique hotels opened in Houston last year — and there’s more to come

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Houston has two hotels with at least 1,000 rooms — both next to the George R. Brown Convention Center — but the city’s newest boutique hotels don’t even break the 300-room mark. 

Le Meridian Downtown, Hotel Alessandra and Hotel ZaZa Memorial City all debuted last year — and they’re not your typical La Quinta or Holiday Inn. Click through the gallery above to see photos of the hotels.

Le Meridian opened Sept. 12, delayed a few days thanks to Hurricane Harvey, in the renovated Melrose…

Houston industrial ended 2017 on a ‘quite remarkable’ note

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Much of the growth Houston’s industrial sector in 2017 came in the form of warehouse and distribution center leases, fueled both by Hurricane Harvey-related demand and activity from e-commerce companies.

Montrose Management District stops neighborhood services

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One local neighborhood district has ceased its services to residents and local businesses. 

As of Dec. 11, the Montrose Management District has stopped providing a variety of services, including safety patrols, graffiti abatement, trash pick-up and maintenance of promenades, according to a pop-up statement on the district’s website. It began reducing the services in mid-November.

The statement says that the district has done this because of “unpaid assessments from some of the commercial property…

Under tax law, affordable rents may take a hit

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Projections have developers and city agencies scrambling for new financing and scaling back longer-term plans.

Op-Ed: Why Amazon’s rejection of Houston for its HQ2 is a chance to celebrate what makes the city great

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Houston failed to make the 20-city short list for Amazon HQ2, which on the surface is disappointing. I commend both the city and the Greater Houston Partnership for their noble efforts in putting our city in the best light and trying to attract a giant like Amazon, especially amongst so much competition. The CEO of the Greater Houston Partnership Bob Harvey said, “I believe this is a wake-up call for Houston.” I completely agree, but not in the way you think. 

Our city’s pursuit of Amazon…