Houston

Average monthly rents near $1,700 for Houston's urban core mid-rise developments top the prices for similar projects in spots such as the Galleria-Uptown, Katy and The Woodlands by 10% to 15%.

The brokerage firm ranked the top 10 warehouse markets with the Inland Empire, CA leading the way with 23.4 million square feet in the ground and a 3.2% vacancy rate and 9.4% annual rent growth.

With more than 1.4 million square feet of net absorption during the 12 months trailing first quarter 2019, the Northwest industrial submarket remains a target for institutional investment, i.e., Kempwood Tech Center.

For the past six years, Transwestern has provided investment advisory services to Sumitomo Corporation of Americas including sourcing, property evaluations, operational assessments and market assessments.

Transwestern's senior managing director of analytics, Jimmy Hinton, will develop research/predictive analytics for investment strategy, market and asset selection, underwriting, and portfolio management.

Parkline will accommodate up to 1 million square feet of office projects and upon completion, have 1,149 multifamily units, a 136-room Aloft Hotel, and 108,000 square feet of retail and restaurant space.

The original storefront was built in 1954 and today, the rebuilt retail experience accomplishes the goal of refreshing and creating a modern urban streetscape that appeals to all Texas Medical Center visitors.

New model homes opening within expanded sections of The Groves start from the $220,000s to $600,000s and include game rooms, outdoor living space and multi-car garages.