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Houston Is A Tech City, Just Different Than Austin, Dallas
News

Houston Is A Tech City, Just Different Than Austin, Dallas

... healthcare sectors may not produce the flashiest headlines, but Houston should double down on supporting these companies, Stephens said ... at the economic DNA of Houston," Station Houston CEO Gabriella Rowe said.  Station Houston is an incubator for startup ...

Aug 30, 2018
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Houston-Based Retailer To Shutter At Least 20 Stores Nationwide
News

Houston-Based Retailer To Shutter At Least 20 Stores Nationwide

... identifying 129 underperforming stores, according to the Houston Business Journal.  The Houston-based apparel retailer posted a 14% drop ... company hinted at a potential sale, according to the Houston Chronicle. The retailer also cut an undisclosed number of ...

May 06, 2019
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Houston's Hotel Industry Stabilizing After Post-Harvey Spark
News

Houston's Hotel Industry Stabilizing After Post-Harvey Spark

... indicators like the strength of the U.S. and Houston economies, positive employment growth and improving oil production were ... related bookings generating about $237M in revenues, according to Houston-based hotel consulting firm DPC Hospitality.   “We do see ...

Aug 23, 2018
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Houston 1st In The Country For 2-Bedroom Rent Increases, 3rd For Absorption
News

Houston 1st In The Country For 2-Bedroom Rent Increases, 3rd For Absorption

... -bedroom rent increases (2.8% and 2.3%, respectively).  Houston also had the third-largest rate of apartment absorption in ... dynamics, and we anticipate this trend to continue as the Houston area economy continues to see growth.” Hurricane Harvey also helped ...

May 01, 2018
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Houston Market Sheltered By Quiet Hurricane Season
News

Houston Market Sheltered By Quiet Hurricane Season

... great year in commercial real estate in Houston, he said.  Before Harvey, the industry ... of oil's impact on Houston CRE, he said. Houston experienced job growth even during ... "Although the price of oil is influential in Houston, Texas and this region, it is not ...

Dec 10, 2018
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Houston Firm Buys Hyatt House Houston
News

Houston Firm Buys Hyatt House Houston

... 116-room, extended-stay hotel, has a new local owner. Houston-based Energy Corridor Hotels LLC purchased the property at 15405 ... are under contract to close soon."   The hotel market in Houston, like many others, is rebounding from the oil downturn. ...

Aug 22, 2018
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Houston, Texas
News

Houston Strong: Post-Harvey, Economic Outlook Promising For 2018

... Known for its high concentration of energy companies, Houston’s economy has diversified. An expanding array of ... space is under construction in Houston, according to Colliers International.  The Port Of Houston Houston’s strong intermodal transportation ...

Feb 22, 2018
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5755 Memorial Pool
News

Houston Offers Apartment Renters Too Many Amenities

... Wednesday by Apartment List, an online apartment rental marketplace.  “Houston falls into the category of what we are calling too ... for a renter.” The supply of new rental inventory in Houston is driving the overabundance of amenities — newer properties are ...

Jun 27, 2018
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Shale Oil Drilling
News

Houston CRE Is Cheering: Oil Prices May Jump To Near $100/Barrel Before Year-End

... barrel, he expects demand for manufacturing space in Houston will skyrocket and office and distribution space will sharply ... immediate impact on the local real estate market, Greater Houston Partnership Senior Vice President Patrick Jankowski said.  "Prices ...

Oct 01, 2018
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Houston's 5 Biggest Office Loans In Special Servicing
News

Houston's 5 Biggest Office Loans In Special Servicing

... potential resolution with the borrower, per the loan notes.  World Houston Plaza  Current Balance: $17.2M  Occupancy Rate: 40% as ... Status: REO    Special Servicing Transfer Date: June 2017 World Houston Plaza lost a 109K SF lease by Weatherford U.S ...

Jan 18, 2019
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