Office

After three years in an economic energy slump, Houston's office market is ready for a boost, although large energy giants profits in the fourth quarter were largely driven by continued lean budgets and staff reductions.

Company veteran Bill Concannon has led the company's occupier outsourcing business as CEO since 2012; it now encompasses Johnson Controls' Global Workplace Solutions platform, which CBRE acquired in 2015.

Moore, EVP and head of urban development business, will assume his new position on April 1, 2018.

The submarket is one of the few in the suburbs that has benefitted from corporate migration.

One of the largest developments in the Bay Area in the past 50 years, the Salesforce Transit Center, will serve tens of thousands of weekday visitors and will be the focal point of the mixed-use neighborhood featuring retail, office and residential.

Champions Circle has a live work shop play and stay environment in addition to office sites with unique golf course frontage, retail offerings and affordable to high-end housing in north Fort Worth.

Two large office properties sold last year for more than $500 million each and tenants are flocking to the CBD to extend leases, demonstrating the rebirth and growth of Houston, even after a challenging year.

Gilmartin and the L&L Holding Company founders create a new development firm, L&L MAG.