Texas A&M’s Dotzour: Labor Shortage Keeping a Lid on Texas Construction Boom
HOUSTON – A lack of construction labor is restraining the Texas housing market, says Dr. Mark Dotzour, chief economist for the Texas A&M Real Estate...
Category : Breaking News
70 Industrial Buildings Under Construction in Houston Due to Energy Boom
HOUSTON – Seventy industrial buildings are under construction in Houston, where a continued expansion in the energy industry has driven up warehouse rents significantly in...
City of Austin Wins ULI Affordable Housing Award
NEW YORK – The City of Austin’s affordable housing program has been named a winner in the Urban Land Institute (ULI) Terwilliger Center for Housing annual...
Shorenstein Selling Five Post Oak Park for Anticipated $185 Million
HOUSTON – Shorenstein Properties is selling the 28-story Five Post Oak Park, an Inner Loop Houston office building that is expected to fetch $185 million,...
Houston Ranked No. 1; Austin 2nd in ULI Emerging Trends 2015 Realty Forecast
NEW YORK – Investors selected Houston as the top city for commercial real estate investment in 2015, while two other Texas markets – Austin and...
Houston Adds 119,000 New Jobs to Lead the Nation
HOUSTON – The Houston area led the state in job growth, creating 119,400 jobs in the 12 months ending September, according to the Texas Workforce...
Transwestern to Develop Apartments in Trademark’s Sustainable “Conscious Place” Mixed-Use Project in Ft. Worth
FORT WORTH – Transwestern Development Co. of Houston will build a 385-unit multifamily community in the new Waterside mixed-use development in Fort Worth. The Waterside...
Cabot Buys Houston Industrial Portfolio
HOUSTON – Cabot Properties, a Boston-based real estate investment firm, has purchased a three-building, 243,100-sf industrial portfolio in Houston, Texas. HFF marketed the portfolio on...
Camp Strake Acreage Eyed for Montgomery County’s First Medical School
HUNTSVILLE – Sam Houston State University is in preliminary discussions regarding the creation of a medical school on the former Camp Strake property in Montgomery...
Flint Hills Buys 111-Year-Old Hughes Bros. Candy Factory
DALLAS –SkyWalker Property Partners has sold the 111-year-old Hughes Brothers Candy Factory, a prime candidate for redevelopment, to Flint Hills Development Group. The Hughes Brothers’...