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HOUSTON (TA&M Real Estate Center) – September 18, 2018 – The Bayou City had its eighth consecutive year of positive absorption for the local industrial market. Net-occupier demand was 1.2 million sf last quarter, bringing the year-to-date absorption total to 4.8 million sf. The construction pipeline grew by 3.6 million sf in new starts over […]
AUSTIN (Houston Chronicle) – August 24, 2018 – Texas installed over 2,300 megawatts (MW) of wind power in 2017, more than any other state. According to the Department of Energy, the additions push the state to nearly 22,600 MW of total installed wind power, the highest in the country. The additions are lower than the […]
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 […]