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Listing price reduced on most expensive home for sale in Houston

When "Chateau Carnarvon" first hit the market, the mansion was touted as the most expensive home ever listed in Houston real estate history with a listing price of $43 million.  Now, the price tag for the 27,000-plus-square-foot, two-story mansion has been reduced to $30 million, according to its listing on Houston Association of Realtors' website and Martha Turner Sotheby’s International Realty's website. Despite the decrease, it’s still the priciest home for sale in the area. Kellie Geitner…

Following Stewart's announced acquisition, it's 'business as usual'

It's full steam ahead for a large sublease office deal that Stewart signed last year.

Huntsman CEO: ‘Now is the time to prepare for when times ain't so good’

“Our competition is no longer a half dozen large chemical companies."

Houston industrial services co. sees double-digit stock surge after earnings release

Earnings per share of DXP's stock wildly surpassed analyst expectations by about 80 percent.

Longtime Houston businessman, health care leader dies

A prominent Houston businessman who helped establish Baylor College of Medicine, the Harris County Hospital District and the city's public transportation system has died. Daniel C. Arnold died March 19, according to multiple reports. He had just turned 88 years old. The Houston Chronicle reports that he died from kidney cancer and was surrounded by family at his Houston home.  The native Houstonian was a graduate of the Kinkaid School and attended classes at Rice University and Princeton University…

Houston-based multifamily developer names first CEO

Allied Orion Group, a Houston-based multifamily investment, construction and property management firm, announced that it has created a new leadership role to oversee the company and plan for the future. The firm named Ricardo Rivas as CEO, according to a March 19 press release. In this newly created position, Rivas will oversee the overall operations of the firm, lead the executive management team and establish business relationships to expand the company. Rivas joined Allied Orion in 2001,…

Randalls warehouse, distribution facility in Houston sold, to be expanded

The former Randalls warehouse and distribution center in northwest Houston has been sold to a company that plans to expand the property, according to the firm marketing the property.  Randalls’ parent, Boise, Idaho-based grocery giant Albertsons, put the 70.24-acre property at 10700 Telge Road on the market last year and selected Philadelphia-based Binswanger to market it. Now, Binswanger has announced that the property was sold to Dallas-based Crow Holdings Industrial, the industrial development…

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