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Houston Office Market Continues Flight Westward — And Mostly To New, Amenity-Stacked Buildings
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Houston Office Market Continues Flight Westward — And Mostly To New, Amenity-Stacked Buildings

... complex it had occupied for about four decades.  Houston office users continued showing a preference for Class-A ... executive managing director of agency leasing for Transwestern in Houston, previously told Bisnow. Savills expects availability to remain ...

Apr 01, 2024
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Houston Housing Authority President Resigns Amid Investigation
News

Houston Housing Authority President Resigns Amid Investigation

... in exchange for six months’ salary and health insurance, the Houston Chronicle reported. He had been in the position since ... agency and its top executive's practices for granting contracts, Houston Public Media reported. Northern said at the time that ...

Nov 19, 2024
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medical office stock photo
News

Houston Ranks No. 2 In U.S. For Outpatient Medical Construction, But New Starts Have Slowed

... s a really healthy market.”  About three quarters of Houston’s recent outpatient medical construction was from healthcare systems ... ambulatory surgery center, the Fort Bend Star reported. Houston Methodist is also growing its outpatient presence around the ...

Apr 30, 2024
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Houston Office Demand Nose-Dived In May, And Weather Is The Likely Culprit
News

Houston Office Demand Nose-Dived In May, And Weather Is The Likely Culprit

... storm marked by intense, high-speed winds — ripped through Houston on May 16. It killed eight people, shattered thousands ... our strongest-performing markets that we track,” Saia said.  Houston remains challenged from an oversupply standpoint, but there are ...

Jun 25, 2024
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Houston CRE Set For Massive Opportunities, 'Generational Change' Despite Uncertainty And Distress
News

Houston CRE Set For Massive Opportunities, 'Generational Change' Despite Uncertainty And Distress

... , and the opportunities that will arise from distress. Houston’s struggling office market is particularly bifurcated, resulting in ... structured to handle good times and bad times.”  While Houston asset classes including retail, healthcare and industrial are ...

Jan 21, 2025
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Houston Commercial Property Owners Start Mitigating Up To $7B In Derecho Damage
News

Houston Commercial Property Owners Start Mitigating Up To $7B In Derecho Damage

... subsided.”  More than 2,500 windows shattered in Downtown Houston buildings during the storm that brought winds equivalent to ... cleanup and repairs, according to Mayor John Whitmire, the Houston Chronicle reported.  TotalEnergies Tower, a 35-story building at ...

May 21, 2024
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Houston Methodist Takes 76K SF For Research At TMC’s Helix Park
News

Houston Methodist Takes 76K SF For Research At TMC’s Helix Park

... with Zoë Life Sciences. It opened in November.  Houston Methodist will add two full floors of biomedical research laboratories ... Aid off and build purpose-built life sciences buildings in Houston.” Life sciences tenants like to cluster, Brasell added. ...

Jan 30, 2024
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Houston's Lionstone Investments Offloading $5.5B In Assets As Parent Company Plans Exit
News

Houston's Lionstone Investments Offloading $5.5B In Assets As Parent Company Plans Exit

... mixed-use properties in markets across the country, including Houston, Washington, D.C., and Los Angeles.  Assets listed ... -based subsidiary that acquired Lionstone in November 2017, the Houston Business Journal reported, citing unnamed sources.  “There were ...

Nov 06, 2024
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Houston Poised To Benefit From Decreasing New Hotel Supply, Increasing Travel Demand
News

Houston Poised To Benefit From Decreasing New Hotel Supply, Increasing Travel Demand

... and an increase in bookings are working to Houston's advantage. Houston’s revenue per available room was higher than ... in key markets like downtown, Maredia said.   Despite every Houston submarket being oversupplied, PA Hospitality has a hotel under ...

Jul 19, 2023
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Houston Office Sublease Market Stabilizes, But Huge Blocks Remain Available
News

Houston Office Sublease Market Stabilizes, But Huge Blocks Remain Available

... starting to align with pre-pandemic levels and shows that Houston’s office sublease market is stabilizing, Savills Managing Director ... another two buildings in West Belt Plaza, all in Southwest Houston, according to the report. NOV listed the spaces, formerly ...

Jun 06, 2024
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