Energy Corridor Building to Fetch Record-High Price
HOUSTON – A new office building in Houston’s Energy Corridor is expected to sell for a record-high price, despite the recent collapse in oil prices...
Tag : CBRE
World’s Most Expensive Office Markets: London No. 1; Hong Kong No. 2 and Houston No. 47
London office buildings have the highest office rents/occupancy costs in the world, while Hong Kong is second according to a new study by CBRE Group...
Hopper Buys Site for Austin Single-Family Community
AUSTIN – CBRE announced the sale of 42.1 acres in Northeast Austin, Texas, to Charlotte, N.C.-based Hopper Communities. The regional residential developer purchased the tract from Sealy...
Amstar Sells New Project by Houston Airport
HOUSTON — Amstar, a Denver-based real estate investment manager, on behalf of one of its public retirement system clients, has sold the new Beltway North...
Spec Office to Break Ground One Mile From New Exxon Mobil Campus
HOUSTON – Archway Properties will break ground next month on an eight-story, 200,000-square-foot speculative office building approximately one mile north of ExxonMobil’s new campus. The building...
Transforming Downtown Houston: ULI Panel Lauds Pierce Elevated Removal
HOUSTON – Re-routing and removing the Pierce Elevated freeway is an outstanding concept that would benefit growth of downtown Houston, according to a number of...
85 Warehouses Under Construction in Houston
HOUSTON – Eighty-five industrial buildings, totaling 8.9 million sq. ft. are under construction in the Greater Houston industrial market, according to CBRE. Last year was exceptionally...
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...
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...