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Heritage Plaza, City Hall, Houston
News

Houston Raising Money By Selling Off Streets

Facing a $100M budget deficit, the City of Houston has approved the sale of $2M worth of city streets ... School campus for $431K. Instead of cash, the buyer, the Houston Independent School District, is swapping the streets for a 7 ...

Jun 13, 2017
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Apartment Construction
News

Houston's Rent Decrease Leads The Nation

... ultimately come to market and provide ample supply in Houston.” Houston joins two cities in Ohio at the top of ... rents in many submarkets are increasing, like in Downtown Houston, despite its burgeoning pipeline. According to Alliance Residential's ...

Aug 18, 2016
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Houston Surpasses Dallas in Retail Appeal
News

Houston Surpasses Dallas in Retail Appeal

... retail users often get 15% higher revenue here over Dallas. Houston is becoming a regular second market for companies looking to ... says there are multiple mixed-use projects being considered in Houston with food halls. They’re typically about 10k to 20k ...

Oct 09, 2015
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Houston Happenings You Might Have Missed Last Week
News

Houston Happenings You Might Have Missed Last Week

... West Loop-facing façade of the former Houston Post and current Houston Chronicle building. The newspaper’s staff will ... Kirby; its Sugar Land location remains open. [Chron]   East Houston Booming With Industrial Deals Four industrial land deals were signed ...

Jan 04, 2016
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Houston Skyline
News

Houston's 2017 Forecast, Sector By Sector

... &A activity persist. The substantial vacancy will take years for Houston to digest. Direct asking rates will remain flat or negative ... $1,122. New retail development is finally catching up with Houston's population boom. Focus has shifted to large mixed-use ...

Jan 18, 2017
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Houston Retail Taking It To The Next Level
News

Houston Retail Taking It To The Next Level

... seen some restaurants spaces go for a whopping $70/SF. Houston’s major vertical office development has inflated ground pricing in ... store is the latest barrage from H-E-B in Houston's ongoing grocery wars. Grocery-anchored developments are losing ground ...

Apr 28, 2016
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Empty Office
News

Houston Sublease Space Steadily Declining, Now Below 9M SF

Though there may be no quick fix to Houston's glut of sublease space, the number does continue to ...

Jan 08, 2018
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Aeroponic Farming
News

Houston, San Antonio Medical Cannabis Companies Plan New Joint Venture

... Branch Galveston, The University of Texas Health Science Center at Houston – Institute of Molecular Medicine Sponsored Research and The University ... Baylor College of Medicine and the VA Hospital in Houston.  Alamo plans to file an application with the DEA ...

Jan 04, 2017
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Lowered Oil Prices Have Energy Companies Turning to Data Centers
News

Houston's Becoming a Data Center Market

... Gordon Kellerman and Ben Atkins) tells us Houston has been a great city for Skybox, ... Skybox is building out 30 acres in northwest Houston. Phase 1 started out spec (we snapped ... to JLL's recently released data center report, Houston has 155k SF (26.3 MW) of ...

Oct 26, 2015
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Houston's 7 Defining Trends of 2015
News

Houston's 7 Defining Trends of 2015

... have claimed more than 200,000 jobs worldwide. Major Houston players like Schlumberger, Halliburton, Weatherford, Baker Hughes, ... arts enthusiasts rejoiced with major theater openings this year. Houston’s grand dame, The Alley Theatre, opened in ...

Dec 21, 2015
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