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COLLEGE STATION (Real Estate Center) – August 7, 2018 – Texas’ economic expansion continued amid increased activity in the goods-producing industries, but rising input costs, resulting from domestic tariffs, could deflate the rate of growth. According to the Real Estate Center’s latest Outlook for the Texas Economy report, employment growth moderated to more sustainable levels […]
COLLEGE STATION (Real Estate Center) – July 27, 2018 – The Texas economy gained 359,500 nonagricultural jobs from June 2017 to June 2018, an annual growth rate of 2.9 percent, higher than the nation’s employment growth rate of 1.6 percent. According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the nongovernment […]
HOUSTON (NAI Partners) – July 24, 2018 – Local industrial development reached levels not seen in more than two years, said NAI Partners in its second quarter 2018 industrial market report. The development pipeline logged 12.4 million sf, compared with the all-time recorded high of 15 million sf reached in 2Q2015. New construction delivered during the second quarter stood at […]
HOUSTON (BISNOW-Catie Dixon) -June 18, 2018 – Houston office rents have skyrocketed over the last dozen years, at a clip much faster than any other U.S. city despite the struggles of the past few years. With 43.4% rent growth since 2006, Houston is well above even the second-place market, Dallas, with a 32.2% rent increase, and miles ahead […]
HOUSTON (BISNOW-DESS STRIBLING) -June 7, 2018 – The impact Amazon might have had on Houston is overstated, the speakers at Bisnow’s Houston State of the Market event said pointing out that companies operating in the Port of Houston are going to spend about $50B over the next five years on new facilities and new technology. That […]