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HOUSTON (Transwestern) – June 10, 2019 – Fueled by the rapidly growing e-commerce sector, increased activity at the Port of Houston, and the city’s continued high population growth, demand for industrial real estate product in Houston has kept vacancy rates low and pushed the construction pipeline to an all-time high of 21.2 million square feet […]
DOWNTOWN HOUSTON (Central Houston) – May 30, 2019 – Downtown concluded the first quarter of 2019 with sound fundamentals, and a slew of office leases, renovations, and new construction activity, thanks to improving industry trends. Rebounding from its plunge at the end of last year, WTI crude increased steadily throughout the first quarter, settling at […]
AUSTIN (Texas Realtors) – May 7, 2019 – Texas home sales continued to rise, and median price moderately increased during first quarter 2019, according to the 2019-Q1 Texas Quarterly Housing Report from Texas Realtors. Last quarter, 70,827 homes were sold statewide, a 0.7 percent increase over the year. The median price increased 2.7 percent to […]
COLLEGE STATION – (The Real Estate Center Texas A & M) – April 29, 2019 – The Texas economy continues to grow faster than the U.S., but it has been cooling off the past six months. According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state gained 271,000 nonagricultural jobs […]
HOUSTON (NAI Partners) – March 18, 2019 -The Southeast submarket has four million sf of industrial space underway, one-third of the total industrial construction in the metro. The submarket recently experienced a more than $50 billion petrochemical expansion that is positively affecting demand for industrial supply, particularly for plastics and logistics. The largest projects under […]