Houston

LA GRANGE, TX—With an aging population and ever-increasing demand for healthcare facilities, St. Mark's is a valuable asset to both Rainier's real estate portfolio and the greater central Texas community.

HOUSTON—While secondary or tertiary cities where one or two dominant industries can significantly influence occupancies and financing can be difficult, most Texas submarkets have well-diversified economic drivers.

HOUSTON—Tenants have shown a commitment to the property for its accessible and amenity-rich location, as well as its affordability compared to surrounding submarkets such as the CBD and Galleria.

HOUSTON—Despite demand being slightly reduced because of oil prices, a multifamily builder says it cannot build townhomes fast enough in the Hadley Building, and will run out of inventory before delivery.

HOUSTON—While national investors have shied away because of the downturn in the oil industry, others see opportunity in the void and have allocated funds for building portfolios.

Here's a look at this week's trends, announcements and deals that you may have missed in Texas, New Mexico, Colorado, Oklahoma, Arkansas and Louisiana.

HOUSTON—The project will be comprised of four buildings offering boutique office, restaurant and retail space, as well as a five-story parking garage, with construction slated to begin January 2017.

HOUSTON—The RADCO Companies says class-B communities with modest rents have a competitive edge in the market, which made the acquisition of two communities compelling.