Houston

Two-thirds (22 of 33) of the submarkets in the metro recorded positive absorption in the fourth quarter with The Woodlands representing the top performer at 602,236 square feet and more leasing to follow.

Texas continues to post considerable population growth with about a thousand new residents each day and Houston, tied with Dallas for job growth, has a solid long-term outlook with strong workforce housing demand.

The expansion project on the Christus Spohn Hospital Corpus Christi–Shoreline new patient care tower, which broke ground in July 2016, was completed 41 days ahead of the contracted completion date.

Nelson Knight, EVP and chief investment officer of Apple Hospitality, says, “Through these attractively priced transactions, we adjusted our market exposure in ways that we feel will further enhance the strength and stability of our hospitality platform.”

The city is working with Sea Oats Group to flesh out plans for the project which call for the hotel-conference center to be part of a new subdivision Cinnamon Shore recently began developing on State Highway 361.

The availability of well-placed medical office space in Corpus Christi is limited, and Corpus Christi Medical Tower is strategically located to serve physicians and patients that may utilize multiple area hospitals.

The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.

Activity has pushed farther north toward the eastern part of Montgomery County, prompting AIRIA Development to bring 5,200 homes with more than 120 acres of mixed-use, commercial and retail properties.