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COLLEGE STATION (Real Estate Center) – September 27, 2016 – Texas gained 186,900 nonagricultural jobs from August 2015 to August 2016, according to the Real Estate Center’s latest Monthly Review of the Texas Economy. That’s an annual growth rate of 1.6 percent, lower than the nation’s growth rate of 1.7 percent. The nongovernment sector added 146,300 […]
HOUSTON – September 23, 2016 – Although Houston is swimming in 28 million sqft of unused office space, Transwestern has completed construction on Australia-based mining company BHP Billiton Petroleum’s new 30-story office tower at 1500 Post Oak Blvd. in Uptown. Transwestern broke ground in late 2013 on the TIAA-owned high-rise, which is located within the 1.75 million-square-foot […]
Houston – (Kyle Hagerty Bisnow Houston) -September 07, 2016 – Just how tight is the construction labor market around Texas? Some contractors are posting guards at their job sites to make sure crews don’t get poached while on the job by someone willing to pay more. Finding the right crew and fully staffing projects has become […]
Houston (HBJ – Cara Smith) July 29, 2016 – Saudi Basic Industries Corp. has taken on another floor in the Westchase District as part of the company’s relocation of its U.S. headquarters to Houston, a company spokesperson confirmed to the Houston Business Journal. SABIC, one of the world’s largest petrochemical manufacturers, announced last year that […]
PANAMA CITY (AP) — Juan Zamorano June 27th – Amid exploding fireworks and waving flags, a Chinese ship carrying more than 9,000 containers on Sunday entered the newly expanded locks that will double the Panama Canal’s capacity in a multibillion-dollar bet on a bright economic future despite tough times for international shipping. “This is the route that […]