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Houston Skyline Park
News

Houston, We Have a Problem—City Tops November Morningstar Watchlist

... increase in oil prices should benefit energy-dependent cities like Houston. Morningstar is keeping an eye on four loans in particular ... lease at the nearly 700k SF office building in Downtown Houston." 10333 Richmond, $34.7M loan accounting for 3.1% of ...

Dec 14, 2016
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Houston's Average Monthly Apartment Rent Dropped By $38 This Year
News

Houston's Average Monthly Apartment Rent Dropped By $38 This Year

... year ago, it is no surprise that Houston's multifamily market has also struggled over ... that time period. Average monthly rent across Houston has dropped from $1,098 to $1 ... mild recovery. The troubling numbers come as Houston is poised to see 20,000 new ...

May 08, 2017
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Storm Drain
News

Houston's Flooding Problem Is Really A Funding Problem

... mechanism to make those improvements over time.” The Rebuild Houston business model emphasizes pay‐as‐you‐go funding, leveraging ... hopefully, we can speed up the implementation of Rebuild Houston dollars. We need to leverage dollars by combining funding to ...

Apr 27, 2017
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Capitol Tower construction
News

Houston's Most Anticipated Developments Under Construction

... decades. The Midtown will eventually rise 29 stories over Houston's hottest millennial neighborhood, offering 342K SF of ... East Village. The project is already home to  Our/Houston vodka distillery, Chapman & Kirby, a hybrid nightclub and restaurant ...

Jan 04, 2018
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One Shell Plaza
News

Houston TOBY Award Winners

... Conference in April. Congratulations to the winners out of Houston:  Over 1M SF: 1100 Louisiana Owner: Fantome ... : Sherry Farrow Corporate Facility: HESS Tower Owner: HT Houston PortfolioManaged By: CBREProperty Manager: Janet Shipley Renovated: One Shell ...

Apr 17, 2017
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Galleria Ceiling
News

Houston History: The Galleria And Uptown

... added, the Galleria Plaza Hotel (now The Westin Galleria Houston). In 1986, the second wing opened, bringing the ... and Uptown are unique (and particularly resilient) products of Houston. As energy company operations and office development drive development ...

Oct 06, 2016
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River Oaks Country Club
News

Houston History: River Oaks

... national publications. River Oaks Theater is now one of Houston's only theaters playing independent and art house films. ... River Oaks residents' spending power has driven much of Houston's best retail development—The Galleria in particular has River ...

Sep 29, 2016
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Orbit Houston Astros
News

Houston's World Series And Commercial Real Estate

It has been 12 years since the Houston Astros last appeared in the World Series. Tuesday night, they ... commercial real estate stats before the big game.  In 2005, Houston's vacancy rate was 16.7%. It has risen to ...

Oct 24, 2017
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Houston Skyline Park
News

Houston Super Bowl CRE Snapshot: 2004 vs. 2017

Net Absorption 2003: 2M SF 2016: 8.6M SF Leasing Activity 2003: 15.6M SF 2016: 21.7M SF Average Asking Rents 2004: $5.68/SF 2017: $7.21/SF Vacancy Rate 2004: 8.9% 2017: 5.6% Net Absorption 2003: 726k SF 2016: -64k SF Leasing Activity 2003: 18M SF 2016: 2. ...

Feb 02, 2017
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Arnall Golden Gregory
News

Houston's Rebuilding Could Cause Construction Costs To Rise Nationwide

... across the board to rise as a result of the Houston recovery.  During an interview following his panel appearance, Cabrera ... Experts recently said Hurricane Harvey and the ensuing flooding of Houston could see the price tag for recovery reaching $190B, ...

Sep 01, 2017
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