Houston

The mixed-use district will eventually span 24 acres along W. Dallas Street between historic College Memorial Park Cemetery and Waugh Drive, with phase two featuring a multifamily project and retail.

Development remained focused in the downtown/Montrose/River Oaks submarket as builders worked to meet demand in the dense urban core, while investment in the Fondren/Westbury submarket grows.

With 50 million square feet already developed, the TMC3 Campus will add 1.5 million square feet, including 125,000 square feet of commercial/retail space, and 125,000 square feet of shared research space.

Belvoir has a good sense for where leases are getting signed today, so it underwrote the purchase accordingly, and the increased leasing activity validated that its assumptions were in line with the market.

Two long-term leases have been inked recently by Honeywell and Bill.com at CityWestPlace, which has also been re-designated by BOMA as a top performer in national operations and management.

Skanska worked closely with the client, design team and its subcontractor RM Rogers to include the glue-laminated timber roof structure into a recent project while still staying within the overall budget.

The 320,000-square-foot three-building urban industrial development is the first industrial component within Archway Properties' 111-acre mixed-use business park which includes retail, medical office, etc.

There are several trends, many long-standing ones, that are currently shaping office markets.