Houston’s Biggest Office Sales of 2023
“Adjustment” was the word in Houston’s office investment sales market last year. Sales volume dropped 86 percent. An estimated $322 million in properties changed hands, compared to $1 billion in 2022, according to Partners Real Estate, which cited data from CoStar. The average price was $85 per square foot, and the average cap rate was […]
Hines’ Mansion in Houston’s River Oaks, Priced at $20M, Lands Buyers
A River Oaks mansion that once belonged to Houston real estate royalty has changed hands in one of the city’s priciest home transactions on record. An LLC tied to George DeMontrond III and Marilyn DeMontrond, who own more than a dozen auto dealerships across the country, bought the 17,000-square-foot estate at 2920 Lazy Lane Boulevard, […]
