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Houston Developer Faces Lawsuit, Potential Foreclosure On TMC-Area Properties
News

Houston Developer Faces Lawsuit, Potential Foreclosure On TMC-Area Properties

... called Life Tower and a parking garage at Texas A&M Innovation Plaza, according to a report from Multi-Housing News ... Life Tower is part of the 5-acre Texas A&M Innovation Plaza, a mixed-use campus with three towers including ...

Jul 25, 2024
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Power Restoration Is CRE’s Primary Concern Days After Tropical Storm Beryl
News

Power Restoration Is CRE’s Primary Concern Days After Tropical Storm Beryl

... Category 1 hurricane near Matagorda Bay just before 4 a.m. Monday, then was downgraded to a tropical storm as it ... to 100%,” Batagower said. CORRECTION, JULY 11, 10:45 A.M. CT: This article has been updated to correct the year ...

Jul 10, 2024
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Houston CRE Had Been Rebuilding. Then Tropical Storm Beryl Delivered Another Blow
News

Houston CRE Had Been Rebuilding. Then Tropical Storm Beryl Delivered Another Blow

... Mayor John Whitmire said at an 11 a.m. Monday news conference. “We’re in an ... hurricane near Matagorda Bay just before 4 a.m. Monday. Two people died Monday after trees ... had passed through Houston by around 10 a.m. The full impact of flooding is unclear, ...

Jul 08, 2024
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Private Equity Group Abruptly Shutters Logistics Company With 500 Drivers, 19 Terminals
News

Private Equity Group Abruptly Shutters Logistics Company With 500 Drivers, 19 Terminals

... company in early 2022.  CORRECTION, JUNE 25, 11:17 A.M. CT: This article has been edited to include updated information ...

Jun 24, 2024
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Energy Company Consolidations Likely To Ramp Up Houston’s Office Vacancy
News

Energy Company Consolidations Likely To Ramp Up Houston’s Office Vacancy

... both Houston-based companies. Oil and gas M&A activity is nothing new, JLL Executive Managing ... and space usage, with or without an M&A pileup. “You can look at almost ... s hundreds of billions of dollars worth of M&A activity stands out, Rosenthal said, ...

Jun 19, 2024
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Severe Storm Ravages Houston, Leaving Extensive Commercial Damage
News

Severe Storm Ravages Houston, Leaving Extensive Commercial Damage

... other debris. The storm hit around 6:30 p.m., catching many office workers unprepared. Some Downtown office workers ... down to the lobby. @mattlanza pic.twitter.com/9EJUpmAmBB — Christopher M. Grochowski, PhD (@CGrochowski) May 16, 2024 Downtown suffered “ ...

May 17, 2024
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99 Cents Only Closures Put Houston Retail Landlords ‘In A Great Position’
News

99 Cents Only Closures Put Houston Retail Landlords ‘In A Great Position’

... said. “Because we are at a high occupancy rate, I’m guessing that these landlords are going to have a few ... of a shopping center.”  CORRECTION, APRIL 16, 4:02 P.M. CT: This article has been updated to more accurately reflect ...

Apr 15, 2024
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Houston CRE Investor Continues Fight To Prevent Foreclosure On Galleria-Area Office Building
News

Houston CRE Investor Continues Fight To Prevent Foreclosure On Galleria-Area Office Building

... 11-story, 283K SF building designed by renowned architect I.M. Pei. The National Bank of Kuwait issued a $60.2M ...

Apr 09, 2024
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Houston Office Market Continues Flight Westward — And Mostly To New, Amenity-Stacked Buildings
News

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

... lease up their buildings. CORRECTION, APRIL 2, 2:44 P.M. CT: A previous version of this story misidentified a company ...

Apr 01, 2024
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'Do Not Enter' Signs Never Applied: A 40-Year CRE Veteran Reflects On Making It In A Male-Dominated Field
News

'Do Not Enter' Signs Never Applied: A 40-Year CRE Veteran Reflects On Making It In A Male-Dominated Field

... Wednesday night,” Lowery said. “He said, ‘Hey, I’m going to be in San Antonio tomorrow. I’ve got ... meet me on the River Walk at 7 a.m.” Lowery woke up in time to do her hair ... -mile round trip to San Antonio at 4 a.m. Lowery bets that 99% of male brokers wouldn’ ...

Mar 12, 2024
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