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Houston Galleria (Real Estate Bisnow) ~ April 24, 2015 ~Work is underway on Houston’s first vertical mixed-use tower that combines hotel, office, residential, retail and restaurant uses all under one 650k SF roof. The Post Oak is being developed by Tilman Fertitta, billionaire CEO of Landry’s. It’s a 35-story, 650k SF tower featuring 240 luxury […]
HOUSTON (RealtyNewsReport.com)~April 14, 2015~ Eighty-five industrial buildings totaling 8.9 million sf are under construction here, reports CBRE.The northwest submarket has the largest concentration of development with 28 projects totaling 3.4 million sf. The city’s north submarket has 36 projects totaling 2.3 million sf, while the southeast has eight projects totaling 1.8 million sf. Two […]
Westchase Houston~(Bisnow Houston) March 31, 2015~1.2M SF of office has broken ground in Westchase in the last three years. Only two buildings (the biggest of the bunch) are still underway, but all boast high leasing activity—77% of the new space is already leased. With help from PMRG’s Ariel Guerrero, we rounded up the five biggest […]
‘Those who cannot remember the past are condemned to repeat it.’ George Santayana. March 11, 2015~Houston Texas~By Gary Flaharty~ One of the questions dominating oil service company C-Suites and boardrooms this quarter has been debate about US drilling activity and where it will head next. Will LNG exports drive a recovery in the gas-drilling market? […]
HOUSTON – Commercial Gateway, the Commercial Division of the Houston Association of Realtors (HAR) www.commgate.com has released its area industrial and office reports for year-end 2014. Houston Area Industrial Market Summary Year-End 2014* Market Area Bldg. SF** Vacancy Rate Net Absorp. YTD Under Const. Wtd. Avg. Rent*** Northwest 135,083,980 5.7% 2,290,203 3,560,084 $8.05 Southeast 81,556,042 […]