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The Energy Corridor has become Houston’s second-largest employment center, with over 28M SF of office/mixed-use space and another 17M SF projected by 2030. All that construction activity means the submarket looks different every few weeks. We’ll discuss that and more at Bisnow’s Future of the Energy Corridor summit on Oct. 31. Join us at the […]
HOUSTON (Colliers International) ~ October 3, 2014~ The city’s strong economy continues to spur office development, reports Colliers International in its third quarter 2014 office market report. Houston has over 17.3 million sf currently under construction. Over 1.2 million sf of new inventory was delivered during the third quarter, bringing the year-to-date delivered inventory to […]
CITY CENTER~ (Jenny Agee-Aldridge HBJ) ~ September 30, 2014 ~ A prominent mixed-use district along the Katy Freeway is poised to expand its leasable space by 50 percent, pushing its northern boundaries to Interstate 10. In a joint venture, Houston-based Midway Cos. and Chicago-based LaSalle Investment Management will develop 6.41 acres in CityCentre that will include […]
DOWNTOWN~ September 3, 2014 ~ Downtown is booming, with 14 projects under construction and more on tap. Marriott Marquis Convention Center Hotel Thirty-story, 1,000-room hotel that includes a rooftop lazy river shaped like the state of Texas. It’s expected to open in September 2016. 609 Main at Texas Stunning features like a reflecting pool and […]
HOUSTON (CBRE) ~ August 28, 2014 ~ The Bayou City’s multifamily market is strong, with positive net absorption, fast rent growth, plenty of new construction and investor interest. According to the latest research from CBRE, Houston’s apartment market had positive net absorption of 21,394 units — the highest among the 50 largest U.S. markets and […]