This Week's Houston Deal Sheet   Phase 3 is underway at Bay Area Business Park in Pasadena. The 1.3M SF project on 95 acres consists of three buildings: 250K SF, 300K SF and 784K SF, which is expandable to 1M SF. Availability is anticipated for the first quarter of 2020.…

HBJ Names Top Houston Land Brokers as 2019 Heavy Hitters No. 1 in land: David Marshall Principal, Dosch Marshall Real Estate Years at current brokerage: 2 Years in CRE: 17 Gross dollar volume of deals in 2018: $247.7 million Total acreage of deals in 2018: 1,816.53 acres How’s business? Business is really good right now.…

Houston developer to buy land near Washington Ave. for apartments, townhome rentals https://dmre.com/wp-content/uploads/2019/04/urban-genesis-300x168.jpg Houston-based Urban Genesis, the developer that selects small tracts of land for more boutique-style apartment buildings with fewer units in popular locations, is buying land for another project near the Washington Corridor. The company plans to close…

Apartment projects on former Chelsea Market site, near Memorial Park, to start construction later this year, filings show State filings show Phoenix-based Alliance Residential plans to start construction on two more in-town apartment projects later this year. Broadstone Memorial Park at 7721 Washington Ave. will be across Interstate 10 from…

Houston developer considering Garden Oaks-area apartment project Along with a downtown apartment high-rise and a senior living project in Upper Kirby in the works, Houston-based Hines has another potential apartment project on its list. The developer is requesting variances from the city of Houston planning commission Jan. 31 for a nearly five-acre tract off…

HBJ’s 2019 Landmark Awards: Land Deal winner and finalists Winner: H-E-B’s Land Purchase at Kirby Boulevard and West Alabama Street Developer: Midway/H-E-B Seller: Tommy Dickey/Tom Lipincott Attorney: Greg Erwin Broker: Tim Dosch and David Marshall (represented seller); Baker Katz (represented H-E-B) San Antonio-based H-E-B Grocery Co. closed on its purchase of land near the northwest intersection of…

Alliance Residential's Vintage Park apartments will break ground soon, developer says Phoenix-based Alliance Residential will soon break ground on a nearly 20-acre vacant tract adjacent to the restaurant and retail destination Vintage Parknorthwest of Houston. The garden-style apartments, named Broadstone Vintage Park in county clerk records, will likely deliver first units…

Dallas-based Stream Realty Partners will soon break ground on the third phase of Bay Area Business Park, at 9501 Bay Area Blvd. in Pasadena, which is owned by Iowa-based Principal Real Estate Investors. Update: Tom Dosch, principal at Dosch Marshall Real Estate, told the Houston Business Journal that he represented…

Hope City Church aiming for west Houston silos property as new home A four-year-old Houston church called Hope City is under contract to buy a 17-acre industrial property in west Houston, where it wants to transform a collection of warehouses and empty grain silos into a flagship worship center from…

Boutique Heights hotel gets city approval to move forward A first-time developer got the green light from the city planning commission to move ahead with a proposed boutique hotel in the Heights. The 37-room Maison Robert will be at the corner of Ashland and West 20th Street where a home…