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HOUSTON-The 11-story Norfolk Tower near the Greenway Plaza submarket baits what one broker calls Houston's first multi-tenant institutional buy this year. A building of this caliber, says an exec who knows the market, would command upward of $90 per sf.
HOUSTON-Office and industrial leases totaling 14,918 sf get final signatures. The largest pact tallies 7,217 sf and puts an energy-related firm into a Northwest Freeway office building. The lone industrial tenant heads to the southwest submarket.
HOUSTON-Unlike 22 other leading hotel markets, Houston is staying ahead of the game, says a CB Richard Ellis lodging specialist. Other industry watchers concur. Occupancy is up from 2000 and so is the daily room rate.
STAFFORD, TX-Electronics service provider, Alpha Circuits, secures an industrial building tailored for its expansion plan. In a dual-pronged lease, the Stafford company is moving into 37,343 sf and has optioned the balance of the building.
HOUSTON-In an eight-month strategy, ML Capital Ventures of West Dundee, IL has bought the second of four planned acquisitions in the Houston market. More than $22 million will be spent on suburban office properties before the year's out.
HOUSTON-With a 20.1% vacancy, the Westchase submarket gets a 47,238-sf respite in a signing negotiated between Grubb & Ellis and Staubach brokers. ABB Lummus Global is the second Swiss company to lease in the region in recent days.
HOUSTON-Unlike 22 other leading hotel markets, Houston is staying ahead of the game, says a CB Richard Ellis lodging specialist. Other industry watchers concur. Occupancy is up from 2000 and so is the daily room rate.
HOUSTON-Phoenix Tel-Supply went to market when its building was damaged in the summer floods. The Houston-based high-tech provider now holds the deed to a 45,000-sf building and a temporary tenant. It's an ongoing trend due to rising rent.
HOUSTON-Shawn M. Ackerman is on board in the Houston office of Dallas-based Henry S. Miller Commercial. Ackerman, a vice president, has been brought into the fold to steer a retail component for the office. Two associates also are hired.
SUGAR LAND, TX-Zurich-based ABB Automation renews a 52,678-sf lease and grabs another 42,035 sf at a 151,471-sf industrial building along West Airport in Sugar Land. Houston teams for Staubach Co. and PM Realty Group negotiate the deal.
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.
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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