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HOUSTON – Commercial Gateway, the Commercial Division of the Houston Association of Realtors (HAR) www.commgate.com has released its area industrial and office reports for year-end 2014. Houston Area Industrial Market Summary Year-End 2014* Market Area Bldg. SF** Vacancy Rate Net Absorp. YTD Under Const. Wtd. Avg. Rent*** Northwest 135,083,980 5.7% 2,290,203 3,560,084 $8.05 Southeast 81,556,042 […]
With a Long History of Riding Out Boom-and-Bust Cycles, Office and Multifamily Sectors Brace for Drop, While Retail Could See Upside. Via CoStar By Mark Heschmeyer ~ February 11, 2015 ~ Assessing the commercial real estate impact of falling oil and gas prices is like watching bull riders: some markets, property types and properties will deftly hang […]
MADISON, N.J. (Coldwell Banker Commercial) ~ February 6, 2015 ~ Texas cities made a strong showing in Coldwell Banker Commercial’s “Top Commercial Real Estate Markets of 2014” report that was released this week. The report examined more than 80 markets based on the percent change in vacancy and rental rates for the office, retail and […]
Houston ~ January 20, 2015 ~ Pricing was above stability at $110 and way to low at $45. I see $55-$65 this year. The 80’s was an anomaly. The 2008-10 era is closer to what is happening today. Demand has not gone away! Supply will shrink via Shale shutting down by 50%. I remember the […]