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abatements If a developer/owner improves its building or equipment, the project may qualify for an abatement.

HOUSTON—There are situations when a developer requires an abatement to remain, expand, locate or redevelop in Houston. This type of project may result in strengthening of the local job and economic market as a result of the developer’s presence, especially if it is located in a declining part of Houston.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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