CBRE: Oil Skid to Hurt Office Occupancy in Houston
HOUSTON – A slowdown in Houston’s energy industry could cause direct office vacancy to hit 15 percent by 2017, up from 11.6 at the end...
Tag : CBRE
Former Bombay Co. HQ Building Purchased by Transwestern Investment Group
FORT WORTH – The former Bombay Co. headquarters building in Fort Worth has been purchased by Transwestern Investment Group, on behalf of Diversified International Partners....
CBRE: Houston Apartment Rents at All-Time High, While National Assn. of Realtors Says Rising Rents Unsustainable
HOUSTON – Multifamily rental rates hit an all-time high in Houston in 2014 according to CBRE. Rents were up 8.1 percent in 2014 over the...
Gardere Law Leases Space in Downtown Houston
HOUSTON – CBRE announces the long-term lease renewal for Texas-based law firm Gardere at downtown Houston’s Wells Fargo Plaza. Gardere will relocate to floors 20...
Endeavor Sells Austin Shopping Center
AUSTIN — A joint venture between Dallas-based Rainier Cos. and Harbert Management Corp. purchased the Southpark Meadows III shopping center in Austin. CBRE Capital Markets’...
Libitzky Buys Dallas Office Property, Looking for More Deals
DALLAS – CBRE’s Capital Markets Office Investment Group announces the sale of Canal Centre, a Class A office property in Las Colinas’ Urban Center. Canal...
Stag Industrial Buys Houston Building for $7.1 Million
HOUSTON – NAI Partners represented Stag Industrial Holdings in the acquisition of a 185,000 SF manufacturing building on 16.8 acres at 1020 Rankin Road in Houston....
CBRE: Houston Retail Center Market Hits Record High
HOUSTON – Houston’s retail center market occupancy is at its highest point ever and it’s filling up fast, according to the CBRE Group. Occupancy hit...
Chase Bank Moving on Two Tracts in Houston
HOUSTON – Chase Bank is offering two prime Houston parcels for sale – in downtown Houston and in the Greenway Plaza area. The marketing effort...
Veteran Houston CRE Lending Expert John Fenoglio: Construction Lending Over in Some Sectors
HOUSTON – Lenders have put a halt on funding new multifamily and office construction projects in Houston in the face of low oil prices, says...