Author: Jeff Jeffrey

The Nitya Opportunity Fund I hopes to reach $200 million by its initial close in May followed by a final close in the fall of 2022.

The Houston Business Journal recently sat down with Hines co-CEOs Jeff Hines and Laura Hines-Pierce to discuss the firm’s new leadership structure, the company’s global strategy and opportunities in the Bayou City.

When the project was announced in 2014, the university said it was part of an effort to make Rice’s opera program competitive with the likes of Juilliard. But the project then faced delays and changes to the design team before breaking ground in 2017.
…

The firm’s expanded Houston foothold will include offices for 80 attorneys.

The owners of KBR Tower at 601 Jefferson St. have defeased $128.2 million of the building’s loan, which amounts to about 11.23% of the deal.

The Memorial Park Conservancy is scheduled to officially open the first set of tunnels to vehicular traffic on Monday, March 28.

The 250,000-square-foot TMC3 Collaborative Building is being built as a joint effort among the TMC, The University of Texas MD Anderson Cancer Center, Texas A&M Health and UTHealth Houston.

Houston-based Lovett Commercial is converting a 76,000-square-foot at 2410 Polk St., once the home of the now-defunct Houston Post’s printing press, into a mixed-use development that will operate under the name Printhouse.

The new spec industrial development comes at a time when demand for warehouse and distribution center space has reached near-record highs in Houston.

Cambria said its new 22,750-square-foot facility, the company’s first foothold in Houston, will create jobs and provide a boost to the local area.