Houston

While there is still a significant amount of new office space available, discussions surrounding hiring in West Houston upstream operations have been welcomed as one-third of energy jobs have returned.

CBRE managed planning, site selection, procurement, preparation, landlord approvals, permitting, installation, activation and closeout at 215 workplace and multifamily buildings across 11 states.

Midtown is sandwiched between the two largest employment centers, downtown and the Medical Center, and is the third most densely populated square mile and one of the fastest-growing areas.

While the decrease was only by $1 to $1,471, it still broke an upward trend in place since February 2017, according to a report by RentCafe, while the average rent in Texas is generally lower than the national average.

Leasing is underway on 86% leased Sugar Creek Place I, a class-A 151,722-square-foot six-story office building with more than $1.7 million in capital upgrades since 2014 and prominent freeway signage.

The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.

Skanska saw the opportunity with West Memorial Place's location among large office complexes and residential areas to bring in a full-service restaurant that can become a local staple in the community.

RightQuest, in conjunction with local partnerships JTMR LLC and JJR Group LTD, recently sold a 416-unit multifamily portfolio including Bella Vista Apartments and more recently developed Royal Vista Apartments.