In The News

After 68 years serving the West Texas city of San Angelo, the independent drugstore Medical Arts Pharmacy filled its last prescriptions and said goodbye to customers for the final time on Jan. 31. Owner Bryan Abernathy

Audubon Engineering Co., an engineering, procurement and construction services firm, signed a 72K SF lease at 3505 West Sam Houston Parkway N in Houston for its primary corporate office. Built in 2013, 3505 West Sam Houston

Pelican Builders is progressing on its construction of The Hawthrone, a 17-story, 67-unit condominium building at 5656 San Felipe St., and has opened a model residence. Designed by Houston-based interior designer Chandos Dodson Epley, the model

HighTower Texas signed a 16K SF lease for its headquarters to 4400 Post Oak Parkway in Houston. The wealth management firm committed to an eight-year lease to occupy the 26th floor and plans on expanding services in Houston. HighTower Texas

Amsterdam-based coworking company Spaces inked a 53K SF lease for the first three floors of Two Post Oak Central. This marks the second Spaces’ location in Houston, a market that is starting to pick up the pace

Coming on the wave of an energy resurgence, one natural gas producer is expanding its footprint in Houston. BP Lower 48 inked a 91K SF lease at West Memorial Place at 15375 Memorial Drive in Houston. The company, wholly

Nearly a year ago, Hurricane Harvey devastated Houston-area residents with historic flooding. Houston Strong, the city’s rallying cry for recovery efforts, held true through the year since Harvey hit Texan land on Aug. 26, 2017. The city

Global real estate investment management firm Heitman completed the acquisition of a 1.4M SF medical office portfolio composed of 17 buildings in seven states, with Texas taking the lion’s share. Sugar Land’s Medical Plaza I and II

The largest retail development in the Houston area is getting a residential infusion. In addition to 1.5M SF of retail, a 10,000-seat amphitheater and high school football stadium, Valley Ranch Town Center will soon be home

Baker Katz’s Jason Baker repped Outback Steakhouse in two new Houston-area locations, 6,500 SF apiece in Katy and Pasadena. The Katy restaurant will be at the intersection of IH-10 and Katy Fort Bend Road. The Pasadena

Last year, the average shopper dropped $802.45 during the holiday season, according to the National Retail Federation. That’s supposed to rise this year, and Baker Katz founder Kenneth Katz expects Houston sales increases to beat the national