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HOUSTON-Houston's office market is the fairest of the Texas metros, but it's still strapped, say Grubb & Ellis after reviewing Q3 statistics. Vacancy stands at 13.4% and negative absorption, 235,000 sf.
SOUTH PADRE ISLAND, TX-Houston's Williams Brothers Construction is hard at work on repairs to the collapsed Queen Isabella Causeway. The contractor gets official signatures on the $4-million contract.
HOUSTON-Reddy Partnership, a local retail property owner, secures the title to a 34,455-sf neighborhood center near Houston's CBD. The sale is just another in a series for Kagan-Edelman Capital Fund, says the seller's broker.
HOUSTON-Occidental Oil and Gas Corp., the largest tenant at 5 Greenway Plaza, gets a ground-floor presence in a 40,000-sf expansion of its 197,000-sf lease in the class A office building. The new deal calls for reception and conference areas.
HOUSTON-Houston-based One Stop Wash 2 acquires a 57,543-sf industrial building and seven acres in the city's near southeast submarket. The property carried a $795,000 asking price. The buyer eyes two abutting tracts to push a mixed-use project for the site.
LEAGUE CITY, TX-More than 70 properties were screened before CA-based Drever pushed forward on a buy strategy that targets distressed properties or ones in overbuilt locations. The 201-unit Moorings in League City best suited the buyer's MO.
GALVESTON, TX-Galveston City Council signs off on a port merger plan with Houston, signaling a call at last for a special election Dec. 18. If the teaming is OK'd, Galveston gets the regional port and Houston, the overseer's job.
HOUSTON-It's a departure from the norm for multifamily developer, Simmons Vedder & Co. of Austin. But, the location warrants a high-end high-rise instead of its usual garden-design fare. The 252-unit project is rising on the site of the Gulf Publishing Building.
HOUSTON-Division III Contractors races for a leased spot after being displaced from the southwest submarket when its 8,000-sf industrial building sells. Metal product is hard to find, but the broker closes the sale and relocates the tenant in one fell swoop.
HOUSTON-Mallia Law Firm and Weeks Marine line up office space in the Westchase and Uptown Galleria submarkets. The law firm heads to the premier Uptown Galleria in a 5,384-sf signing negotiated by NAI Partners and Transwestern Commercial brokers.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource