New 6-Acre Mixed-Use Project Will Serve As Gateway To Houston's Fast-Developing East End

Triten Real Estate Partners has broken ground on The Mill, a 6.23-acre East End mixed-use development that, when finished, will include 840K SF-plus of multifamily, retail and office space.

The first phase of the project, at the corner of Canal Street and Navigation Boulevard, will be a 341-unit multifamily complex, with 6K SF of retail and a 2.25K SF patio. Austin-based Michael Hsu Office of Architecture is designing the space, which will include coworking,…

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This Week's Houston Deal Sheet

Farha International purchased Monroe Medical Plaza, a 74.5K SF medical and retail strip center.

The property at 8525 Gulf Freeway is on 6.79 acres. David Luther of NewQuest Properties' investment sales group represented the buyer."It truly is a unique asset in this submarket because of the high number of destination-oriented medical tenants with hospital-quality build-outs with top-of-the-line equipment and back-up generators," Luther said in…

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PGA Events Aren't Cash Cows For Golf Courses. Can Saudi-Backed LIV Golf Tip The Scales?

The PGA Tour won the opening round of what is shaping up to be several legal confrontations with golfers who have joined a new, controversial rival league backed by the government of Saudi Arabia.

But while the golf world awaits the resolution of a broader challenge from 10 golfers over their PGA Tour suspensions and an antitrust investigation by the Department of Justice, LIV Golf is attracting more players with huge sums of cash — and a select few host courses in the U.S. could have a similar chance to cash in.

Golf course owners have more than just money to consider when mulling over hosting a LIV event. The tour's backing from the Saudi Arabian sovereign wealth fund has fueled demonstrations against its events and accusations of sportswashing.Critics have lambasted the tour's golfers, accusing them of helping to sanitize the image…

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