Stream Realty Partners Purchases Retail Power Center

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Stream Realty Partners purchases 96,479-square-foot Lake Jackson Centre (June 20, 2017) HOUSTON – Stream Realty Partners today announced the firm has purchased Lake Jackson Centre, a 96,479-square-foot, fully leased retail shopping center in the Lake Jackson trade area. “With our continued bullish outlook on the Lake Jackson retail trade area, Lake Jackson Centre presents a great opportunity to capitalize on … Read More

How – and why – this Houston office building is catering to smaller tenants

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Not all deals come in big packages. And in some cases, that may point toward a competitive advantage. Take the property at 10613 W. Sam Houston Parkway, for example. The 200,552-square-foot Class A building known as Remington Square III recently signed around 45,000 square feet in new leases, including Accudata Systems Inc. signing a 17,705-square-foot lease and Patterson-UTI Energy Inc. … Read More

Stream, AMD to develop medical office building in Memorial Villages area

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Dallas-based Stream Realty Partners LP announced June 15 plans for Memorial Medical Pavilion, a new five-story medical office building in the Memorial Villages area. Stream will partner on the project with Houston-based development firm AMD Global LLC. A joint venture between Stream, AMD and Diamond Realty Investments Inc., the real estate investment arm of Mitsubishi Corp., closed on a 2-acre … Read More

Stream’s Bob Nowak Gives Houston Advice for Hurricane Preparedness

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It has been nearly a decade since a hurricane last shook the nation’s fourth-largest city. In that time, Houston has added nearly 1 million residents and millions of square feet of all property types. With flooding concerns going unanswered, officials worry a rough hurricane season could put Houston through its paces. The National Oceanic and Atmospheric Administration says there is … Read More

Stream Realty Partners Hires New Houston Exec

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Dallas-based Stream Realty Partners has named a new managing director of property management in Houston. Robert Nowak took over the role, which is responsible for overseeing and expanding the firm’s 31 million-square-foot property management portfolio in Houston. Previously, the role was held by Robert Bridges, who now works for Transwestern. Nowak joined Stream from JLL, where he most recently served … Read More

Bay Area Business Park Selected as 2017 HBJ’s Landmark Award Winner

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Nearly 400 businesspeople joined the Houston Business Journal at the Omni Hotel Houston April 20 to celebrate the 2017 Landmark Awards. HBJ named winners in each of the 19 categories. Winners were selected from a pool of 56 finalists, some of which were honored in multiple categories. Additionally, Edna Meyer-Nelson, president and CEO of Houston-based The Richland Cos., was honored … Read More

Houston TOBY Award Winners

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The Regional Outstanding Building of the Year winners were honored at BOMA’s 2017 Southwest Regional Conference in April. Congratulations to the winners out of Houston: Over 1M SF: 1100 Louisiana Owner: Fantome Tower L.P. Managed By: Hines Property Manager: Kelly McNeill 250K-500K SF: BBVA Compass Plaza Owner: Masaveu Post Oak Houston Managed By: Stream Realty Property Manager: Michael Kent MOB: … Read More

Houston Energy Communications Co. Leases Space for New Headquarters

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RigNet Inc. (Nasdaq: RNET), a Houston communications company serving the energy industry, is closing in on the date of its headquarters move, which was first announced shortly before a restructuring effort began last year. The company has leased 28,808 square feet at Park Ten Plaza in the Energy Corridor for its new headquarters, according to a press release by Stream … Read More

Deal of the Week: Bayou Bend Business Park Fills Up

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CME Wire and Cable has leased the final space in the Bayou Bend Business Park, a two-building development in Houston’s emerging southwest industrial market. Stream, in partnership with Thackeray Partners, broke ground at 8520 South Sam Houston Parkway West in 2015. It subsequently signed deals with Niagara Bottling for 207,000 square feet, Goodman Manufacturing for 30,000 square feet and American … Read More

Stream Houston Has 5 Million Square Feet of Retail Projects Under Construction

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Mark Sondock isn’t worried about Houston’s retail market amid the energy downturn. In fact, low oil prices are a boon to local retailers, whose shoppers have more disposable income to spend on goods and services. And despite the oil slump, Houston still has a modest population, housing and job growth, said Sondock, Stream Realty Partners’ managing director overseeing Houston’s retail … Read More

Why This Developer Is Bullish About Houston’s Multifamily Industry Despite the Oil Slump

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Houston’s multifamily industry has been hit hard by the oil slump. Rental growth has slowed, vacancies are up and the pipeline for new apartment projects has all but dried up. But Iggy Grillo remains bullish about the apartment market in the Bayou City. That’s because the vice president of development for Stream Realty Partners LP has focused on a special … Read More

Stream Leases 34K SF of Class-A Office Space

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While the office market has slowed for Stream like it has all across Houston, it’s still managing to get deals done. Stream’s Paul Coonrod and Brad Fricks repped landlord Sawdust Venture in negotiations with Veriforce, resulting in a 34k SF lease at Sierra Pine II in The Woodlands. Veriforce was repped by NAI Partners’ Griff Bandy, Matt Gaby and Jon … Read More

Patterson-UTI Energy to Leave Greenspoint for New Digs

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Patterson-UTI Energy is trading its Greenspoint offices for a modern headquarters space in the new Remington Square II office park in northwest Houston. The move will enable employees of the drilling services company to work in a mixed-use environment with the latest amenities and retail space nearby, according to NAI Partners, which represented the firm in the new lease. Patterson-UTI … Read More