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SEPTEMBER 30, 2014 ~ (Jenny Agee-Aldridge HBJ) A prominent mixed-use district along the Katy Freeway is poised to expand its leasable space by 50 percent, pushing its northern boundaries to Interstate 10. In a joint venture, Houston-based Midway Cos. and Chicago-based LaSalle Investment Management will develop 6.41 acres in CityCentre that will include 740,000 square […]
HOUSTON (CBRE) ~ August 28, 2014 ~ The Bayou City’s multifamily market is strong, with positive net absorption, fast rent growth, plenty of new construction and investor interest. According to the latest research from CBRE, Houston’s apartment market had positive net absorption of 21,394 units — the highest among the 50 largest U.S. markets and […]
DOWNTOWN HOUSTON ~ August 25, 2014 ~Downtown Houston began its renewal in the mid-1990s, and since then, more than $5.5 billion of buildings, parks and infrastructure have been completed. Recently completed developments include One Park Place, a 346-unit high rise apartment building overlooking Discovery Green, a four-year-old 12-acre park; GreenStreet (formerly named Houston Pavilions), a […]
TEXAS ~ (Sage Group) ~ August 25, 2104 ~ Texas’ four major markets continue to experience population and employment growth, with retail development being a core component of the real estate expansion. 1Q 2014 OVERALL RETAIL OCCUPANCIES Houston 92.57% ~ Austin 93.39% ~ Dallas 90.66% ~ San Antonio 92.67%