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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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Houston Area Captures Dozens Of Spirit Halloween’s Record Number Of Stores
News

Houston Area Captures Dozens Of Spirit Halloween’s Record Number Of Stores

... descent on what few spaces are available comes as the Houston retail market enjoys sustained strength. Vacancy hovers around 5% ... , according to Partners Real Estate's second-quarter report. Houston has about 3.7M SF of retail product under construction ...

Aug 29, 2024
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Houston Restaurateurs To CRE Pros: Work With Us
News

Houston Restaurateurs To CRE Pros: Work With Us

... find mutually beneficial solutions, panelists said at Bisnow’s Houston Retail and Mixed-Use Event on Tuesday. “Running ... restaurants is hard right now,” said Chris Shepherd, a Houston-based chef and founding director of the Southern Smoke Foundation ...

Oct 02, 2025
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Houston Architect Decides That If You Can't Beat Landlords, Join Them
News

Houston Architect Decides That If You Can't Beat Landlords, Join Them

... on education, healthcare, housing and aviation projects.  While Houston has dealt with elevated office vacancy since the start of ... only about 400K SF of office space under construction in Houston, according to Avison Young’s second-quarter office report ...

Aug 05, 2024
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Houston REIT Defaults On Loans, Delays Shareholder Meeting Amid Proxy Contest
News

Houston REIT Defaults On Loans, Delays Shareholder Meeting Amid Proxy Contest

... six-story building at 1880 S. Dairy Ashford Road in Houston, the 366K SF Three Forest Plaza is at 12221 Merit ...

Sep 02, 2025
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Houston Fumbles Its Early Return-To-Office Lead
News

Houston Fumbles Its Early Return-To-Office Lead

... 29.6%. Data measuring foot traffic to offices in Downtown Houston — where the most office square footage is concentrated within the ... have recognized this trend and decided to rightsize, contributing to Houston office leasing activity falling by 28.7% in Q1 ...

Jun 14, 2023
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