Houston Makes Top 5 as Boom Lures Foreigners: Real Estate

Houston Makes Top 5 as Boom Lures Foreigners: Real Estate
By Dan Levy - Mar 26, 2013

International real estate investors are falling in love with Houston, a fast-expanding energy hub that’s luring buyers from Toronto to Tel Aviv seeking properties with lower costs and higher returns than buildings in the priciest U.S. cities.

Firms from outside the U.S. acquired $2.83 billion of Houston (OFCRAHOU) office buildings in the past three years, according to Real Capital Analytics Inc. They were the largest net buyers of any investor class, spending four times more than U.S. real estate investment trusts, which ranked second. Last year, Houston for the first time was among the top five global cities in an annual survey by the Association of Foreign Investors in Real Estate that dates back to 1994.

http://www.bloomberg.com/news/2013-03-26/houston-makes-top-5-as-boom-lures-foreigners-real-estate.html

The City That Oil Built Gets a Retrofit for The Latest Gusher

The City That Oil Built Gets a Retrofit for The Latest Gusher

02/5/2013

HOUSTON -- On the outskirts of this sprawling city's core, Royal Dutch Shell PLC is in the midst of a major expansion of its corporate offices.

http://www.energycorridor.org/news/news-list/news-item?title=the-city-that-oil-built-gets-a-retrofit-for-the-latest-gusher

Sabine Pass Liquefaction to offer $1B in debt for LNG train construction

http://www.bizjournals.com/houston/news/2013/01/23/sabine-pass-liquefaction-to-offer-1.html

Sabine Pass Liquefaction to offer $1B in debt for LNG train construction

Collin Eaton

Sabine Pass Liquefaction LLC will soon offer $1 billion in senior secured notes due 2021, Houston-based natural gas distributor Cheniere Energy Partners LP (NYSE MKT: CQP) said in a statement.

Focus on West Houston: Energy Corridor, Katy and Westchase

Jan 18, 2013, 5:00am CST
Geographic Spotlight
Focus on West Houston: Energy Corridor, Katy and Westchase

Emily Wilkinson
Assistant Managing Editor-
Houston Business Journal

Home to several Fortune 500 companies as well as prominent private businesses ranging from health care to manufacturing, it’s been boom times lately in west Houston. With several significant projects on the horizon bringing hundreds of thousands of jobs to the area, indicators signal west Houston’s growth momentum will not be slowing anytime soon.

http://www.bizjournals.com/houston/print-edition/2013/01/18/west-houston-energy-corridor-katy.html

M.D. Anderson snags prime tract in Energy Corridor

Dec 21, 2012, 5:00am CST
M.D. Anderson snags prime tract in Energy Corridor

Shaina Zucker
Reporter-
Houston Business Journal

Alongside the bustling traffic on Interstate 10, an unscathed tract of land in the Energy Corridor has beckoned developers for more than four decades.

http://www.bizjournals.com/houston/print-edition/2012/12/21/md-anderson-snags-prime-tract-in.html

A Boom in Houston Is Led by the Energy Industry

A Boom in Houston Is Led by the Energy Industry

Office buildings under construction in the Woodlands Town Center. The taller one is for Anadarko Petroleum.
By MATT HUDGINS
Published: December 4, 2012

HOUSTON — Even first-time visitors here can tell that the city is growing rapidly. Construction cranes overhang office and apartment sites all along the Katy Freeway, a stretch of Interstate 10 that connects a string of booming submarkets west of the 610 Loop. This expanse includes the Westchase neighborhood and the Energy Corridor, home to an expanding cluster of energy companies.

http://www.nytimes.com/2012/12/05/realestate/commercial/houstons-boom-is-led-by-the-energy-industry.html