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JCP Construction president James Phelps Jr. has decided to buy and renovate a warehouse building he can see from the windows of his North Dr. Martin Luther King Jr. Drive headquarters.

JCP Construction about three years ago bought and renovated the building at 1849 King Drive for its headquarters. Phelps said he was looking for more opportunities along the street when a building across the street to the north was listed for sale.

Phelps and his fiancée have a deal to buy the building at 1920 North…

Simmons & Company International, Energy Specialists of Piper Jaffray, will move into downtown Houston’s newest office tower this fall.

The energy investment banking firm signed a lease for about 31,000 square feet on the 38th and 39th floors in 609 Main at Texas, according to a press release from Houston-based Hines. Värde Partners, a Minnesota-based international private equity firm, also occupies part of the 39th floor.

Lou Cushman and Tim Relyea with Cushman & Wakefield represented Simmons,…

Global law firm Goodwin is moving its main Silicon Valley office to Redwood City from Menlo Park.

The firm moved into 75,000 square feet in 601 Marshall St. in the city’s downtown. DoStart Development completed the 136,453-square-foot building earlier this year.

“Goodwin’s Silicon Valley office has grown to more than 100 lawyers and staff since launching just over 10 years ago,” said Goodwin’s Chairman David Hashmall in statement.

The firm employs more than 1,000 lawyers across the…

Global law firm Goodwin is moving its main Silicon Valley office to Redwood City from Menlo Park.

The firm moved into 75,000 square feet in 601 Marshall St. in the city’s downtown. DoStart Development completed the 136,453-square-foot building earlier this year.

“Goodwin’s Silicon Valley office has grown to more than 100 lawyers and staff since launching just over 10 years ago,” said Goodwin’s Chairman David Hashmall in statement.

The firm employs more than 1,000 lawyers across the…

Boston-based financial services giant State Street Corp. has kicked off a search for a new headquarters ahead of its office lease expiration in 2023.

A Chicago developer behind the $48.9 million residential project in The Hill neighborhood is in line to get a 10-year tax abatement from the city of St. Louis.

Lyon Real Estate saw luxury home sales in the Sacramento region as doubling in the first quarter of 2018 over the same period a year earlier. Based on data from Trendgraphix Inc., here are some key points from Lyon’s overview. Check out the accompanying slideshow to see two of Lyon's luxury sales from the first quarter.

1. In January through March of this year, 243 luxury homes became new pending sales, a figure that was also the highest of any quarter in over a decade, according to Lyon.

2.…

San Antonio-based USAA Real Estate Co. is partnering with Los Angeles-based developer Lowe on a plan to transform at least part of a 1980s office complex in Alexandria, Virgina, into a 400-unit residential development.

Lowe is moving forward on the project after buying the Park Center complex in January as part of a joint venture with USAA Real Estate. The two companies also partnered on developing the 705,000-square-foot National Science Foundation headquarters on Alexandria's Eisenhower Avenue…

A site approved for a 40-story condo tower that would be one of the tallest outside of downtown San Francisco is being marketed for sale.