Houston
Canadian Investor Snags Houston-Area Hotel
Prime Developments, headquartered in Calgary, Alberta, in Canada, struck a deal with Pride Management Inc. to acquire the Holiday Inn… Read more
Michael Zietsman Takes on New Role at JLL
JLL tapped Michael Zietsman to take on a newly created office investment sales leadership role based in Houston. His primary… Read more
Top 5 Markets Boasting Strongest MOB Demand
The top five markets with the highest net absorption of medical office space are located in the Sunbelt, according to… Read more
Houston’s Apartment Market: From “Too Much”… to “Not Enough”
A late-August report from RealPage’s Axiometrics noted that the 47,000 apartment units throughout the Houston area would be helpful when… Read more
Mark O’Donnell Promoted to Savills Studley’s Texas Regional Manager
Mark O’Donnell, Savills Studley’s Houston Branch Manager and Director, has been promoted to the position of Texas Regional Manager from… Read more
CBRE & NAI Partners: Office Space Weathered Harvey
The Houston area has begun the recovery process from Hurricane-turned-Tropical-Storm Harvey. NAI Partners and CBRE Inc. have issued their preliminary… Read more
Leander Moving Toward Senior Activity Center Development
In May 2016, voters in Leander approved funding for the design and construction of a senior activity center. And, recently,… Read more
Healthcare: Vacancies Up, But Demand Also Increasing
Vacant sublease space in healthcare buildings across the Houston metro increased from 98,647 square feet to 113,217 square feet between… Read more
David Hisey Named Stewart Information’s CFO
Former Nationstar and Fannie Mae CFO David Hisey has been appointed to Houston-headquartered Stewart Information Services Corp. as Chief Financial… Read more
Harvey: Messing with Texas
The huge rain-producer, Tropical Storm Harvey, submerged much of Houston – including its roads. As the waters slowly recede, Texas… Read more
Non-Profit Buys Former Industrial Site
Texas Research & Technology Foundation acquired the 120,000-square-foot, mostly vacant Merchant’s Ice complex, a former industrial site just east of… Read more
Port Houston Re-Opens, Resumes Service
A week after shutting down in advance of Hurricane Harvey, Port Houston re-opened on Friday, Sept. 1. The Barbours Cut… Read more
Eagle Ford Production Dips in South Texas
Though much of the news about Hurricane Harvey has focused on oil refineries along the Houston Ship Channel, the storm… Read more
Report: 27% of Houston CRE Could Be Flooded
CoStar Group has assessed the potential impact of Hurricane-turned-Tropical-Storm Harvey on Houston’s commercial real estate sector – multifamily, office, retail… Read more
Experts: Houston Will Bounce Back from Harvey
Houston’s economy will suffer an unprecedented blow as it dries off from Tropical Storm Harvey’s attentions. However, economists believe that… Read more
Microgrids Keep Power in H-E-B’s Houston Stores
Flooding and safety concerns in Houston from Hurricane Harvey led the San Antonio-based H-E-B grocery chain to temporarily close Houston-area… Read more
Hurricane Harvey CMBS Exposure $30B
There is nearly $30 billion in CMBS exposure in areas affected by Hurricane Harvey, according to a report by Trepp.… Read more
CoreLogic: 52% of Properties at High, Moderate Flood Risk not in Flood Zones
As if the news wasn’t bad enough for the storm-battered Houston metro, analysis by CoreLogic shows that more than half… Read more
Gas Prices Will Surge Due to Harvey
Look for prices at the gas pump to surge both in Houston and nationwide in the days, and possibly weeks,… Read more