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HOUSTON-Grubb & Ellis pegs vacancy at 19.9% overall, with absorption surging in the second quarter. The 515,068-sf gain, though, most likely is tied to declining rents across the board. The good news is select pockets are starting to see rents go up.
HOUSTON-The size of the new office buildings has yet to be determined, but the first one breaks ground in the fall for a 2006 delivery. By 2007, a second building will be up and the 172,336-sf existing headquarters will be fully retooled.
HOUSTON-In a lateral move for the west side of town, Shahmoradi & Associates moves into a 10,000-sf building after selling a longtime location. The medium-term lease allows time to decide if the next move will be to buy or build.
HOUSTON-Buyer AmREIT picks up local deeds to the 129,955-sf Plaza in the Park, 97,297-sf Cinco Ranch and 13,597-sf Courtyard at Post Oak. In quick-turning deals, the REIT assumes a TIAA-CREF loan for two centers and gets the other one free and clear.
HOUSTON-Toyo USA and West African Management Services will move in this weekend to a combined 9,470 sf of office space at 15415 Katy Freeway. The inbound tenants sign five-year leases.
HOUSTON-Western Brick slides into 30,194 sf in the Post Oak Distribution Center to get immediate expansion room in the northwest submarket. The paving contractor makes a medium-term commitment to the ProLogis building.
HOUSTON-With projects in the northeast and northwest sectors, Vantage Cos. heads to the southeast, where it will build 150,000 sf of office/warehouse space. Work gets under way in the fall on the 10-building project.
HOUSTON-Marwin Management of Dallas picks up the Greater Houston block of shops in two off-market acquisitions from local sellers. The stores, averaging 4,200 sf, stretch from Conroe to Baytown. The takeover includes new 10-year leases at all locations.
HOUSTON-Tri-Star Financial Services stays put in 5,774 sf of class A space in the Galleria/Uptown submarket. The 22-story Coastal Banc Plaza gets to keep an 83% occupancy with the long-term renewal.
HOUSTON-Redstone Cos. is ready to build again on its upscale 25-acre campus, home to the Houstonian Hotel, Club & Spa. By year's end, ground will break on the 65-unit high-rise condo, the Redstone.
From Placer.ai
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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.
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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.
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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 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