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Houston/Dallas (BISNOW) September 4, 2015~ High-speed trains poised to link Dallas-Fort Worth to Houston are coming closer to fruition and 2021 doesn’t seem that far away. The idea of a 90-minute bullet train trip between the metros is appealing to Downtown landlords. Texas Central Partners is the firm working to deliver a new high-speed passenger […]
COLLEGE STATION (Real Estate Center) ~August 26, 2015 ~ The Texas economy continues to create more jobs despite lower oil prices. Job gains in the service-providing industries are offsetting job losses in the mining and manufacturing industries. According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state’s economy gained 284,000 nonagricultural […]
Houston~(Houston Business Journal)~August 10, 2015~New multifamily construction has slowed in Houston New Multi-family construction has slowed in Houston as apartments saturated some submarkets and oil prices plummeted. However, the market for buying and selling apartment properties is still strong said Ryan Epstein, executive vice president overseeing CBRE Group Inc. (NYSE: CBG) multifamily capital markets in Houston. “The […]
HOUSTON~(By Anna Caplan Globe St.com)~ Auguist 10, 2015~A new report out from Colliers International shows leasing in the city’s retail market declined in the second quarter due to limited available space. “The retail vacancy rate has dropped to 5.8 percent city-wide, which is the lowest vacancy rate over the last 10 years,” Lisa Bridges, director of market […]
HOUSTON (Colliers International) ~August 4, 2015~ Absorption in the city’s industrial sector dropped substantially between the first and second quarter of this year, reports Colliers International in its latest market report. Much of the decline in absorption and leasing activity is from a LACK of available space (overall industrial vacancy is at 4.6 percent). In addition, […]