- Real estate co. MetroNational hires David Glover as first chief creative officer [HBJ] $
- Amazon to open last-mile delivery station near Galveston [HBJ] $
- The industrial gold rush will provide opportunity for some, disappointment for others [BisNow]
- ALTO Real Estate Funds and Investment & Development Ventures (IDV) joint venture acquires land in Katy distribution building development [RealtyNewsReport]
- Welcome Group acquires Houston office, industrial complex [ReCon]
- Audubon’s first homes to open in February as 3,000-acre Magnolia development gets underway [CI]
- Office, retail space under construction grows in The Woodlands area alongside growing vacancies [CI]
Month: January 2021
Texas Tallest Skyscraper Gets its Name Back
- It’s official: Houston’s tallest tower named after JPMorgan Chase again [HBJ] $
- KBS says Houston energy corridor building has lost 15% of its value in a year [BisNow]
- DFW ranks no. 2, Houston no. 8 in survey of best commercial construction markets [BisNow]
- Wolf Capital launches redevelopment of Heights retail building [Chron] $
- Park Street Homes and Stradford Capital are revitalizing Grand Park Square [ReCon]
- Richard Florida explains why America’s cities will thrive in a post-Covid world [HBJ] $
- For close to 40 years, SPARK parks have been bringing hyper-proximity to Houston neighborhoods [Kinder]
- Check out this month’s featured neighborhood, Teaswood Avenue in Conroe [CI]
- First permitted 3-D printed house hits the market for $300k [BuilderOnline]
- Austin stands out in race for potential $17B Samsung chipmaking plant, site selector says [HBJ] $
Houston Home Prices Set Records
- Sam Moon Group to launch multifamily phase of Metropark Square mixed-use development [HBJ] $
- Houston’s hotel sector is more distressed than other major cities [BisNow]
- Amazon, e-commerce drive construction boom (7,575 acres under roof) [RealtyNewsReport]
- Home prices rise at an accelerating clip during the pandemic [Chron] $
- Houston restaurant & retail vacancy rates have not yet dropped for prime real estate, despite COVID [Colliers]
- Geirin North Shepherd buys north Houston industrial building [ReCon]
- Stopping storm surge: Coastal barrier aims to protect Greater Houston area [CI]
- Softwood lumber prices increase 12.5% in December to cap volatile 2020 [BuilderOnline]
$1.9B in Downtown Construction Projects
- Meritage Homes to build 169-home community in Texas City [HBJ] $
- Mark Davis of Davis Commercial on the fate of Montrose’s epicenter site: Farmers market? Outdoor movie? [RealtyNewsReport]
- Downtown Houston construction still abuzz despite COVID [Chron] $
- Texas home sales expected to cool after seven-year high [ReCon]
- Houston home sales shatter records in unprecedented year [CultureMap]
- Harris County’s preliminary flood plain maps to be released in late 2021 [CI]
- See how the Lake Houston-area real estate market fared in December 2020 [CI]
- Riverbend development in League City to be destination [CI]
- Swimming pools: the ‘staycation’ of 2020 and 2021 [Chron] $
Mini Mural Monday
Revitalizing Neighborhoods into 15-Minute Cities
- New Colliers retail director Wade Greene aims to build team with boutique feel, national reach [HBJ] $
- The pandemic is making the case for 15-minute cities [BisNow]
- This week’s deal sheet [BisNow]
- RNR real estate briefs [RealtyNewsReport]
- Stonelake picks up Houston industrial asset [ReCon]
- Lee & Associates – Houston promotes Mason Alsbrooks to Director [Lee&Associates]
- Second phase announced for Metropark Square development focusing on 324-unit apartment complex [CI]
- ‘It’s ugly’: Verizon 5G data boxes appear without notice on Houston front lawns [Chron] $
- River Oaks spec home under construction goes under contract for $9.5M [HBJ] $
- Existing home sales rise 0.7% in December; annual sales increase to cycle high [BuilderOnline]
- Why finding workers is getting harder for busy U.S. home builders [BuilderOnline]
Office Talk
- Houston’s office market sees slight Q4 bounce but has a long way to go, reports find [HBJ] $
- Houston’s rise in sublease space provides unique opportunity for those looking for new office space [HBJ] $
- Denver REIT buys 14-property self-storage portfolio, including 6 in Houston from The Jenkins Organization [HBJ] $
- Houston’s industrial market delivered 30.4M SF in 2020, more than any other U.S. market [Colliers]
- Demand for industrial space near Port Houston is growing, driven by consumer goods [BisNow]
- Colliers Houston hires Wade Greene from Transwestern as new director of retail services [HBJ] $
- Greystone hires first director of diversity, equity, inclusion from Houston [HBJ] $
- People in real estate: Bukowski, Makris, Pittman, Walck – and more [RealtyNewsReport]
- Hispanic homeownership poised to rise as other homeownership rates stall [Chron] $
- Pasadena workforce housing trades hands [ReCon]
- Inner Loop apartment rents tumbled by as much as 16% in 2020 [CI]
Caydon Creating Residential/Hotel Hybrid at Fitzroy
- Welcome Group acquires 7-acre industrial park in northwest Houston [HBJ] $
- Hybrid tower sprouts upward in new design-forward Fitzroy [RealtyNewsReport]
- Here’s where Houston ranks as a top U.S. housing market in 2021, according to experts [CultureMap]
- Trendmaker Homes changes name to Tri Pointe Homes [RealtyNewsReport]
- Texas footwear alert: Cowboy boot store to be built in Rosenberg [RealtyNewsReport]
- December sales strong in local markets [Leader]
- Blocked in the back: Heights property owner takes issue with alley obstructions [Leader]
- David Weekley Homes leaps into single-family rental home fray with new DFW partnership [HBJ] $
- How Biden’s first executive orders will impact CRE [BisNow]
- Another cancer cluster found in Fifth Ward, Kashmere Gardens [Chron] $
- Two upcoming bars have Heights neighbors on edge [Leader]
- Struggling local governments may get help from the private sector [HBJ] $
Cargo Volumes Create Positive Domino Effect
- Conroe-based Lincoln Lumber to expand sawmill facility [HBJ] $
- 1M-SF Amazon fulfillment center in Brookshire trades hands [HBJ] $
- Demand for industrial space near Port of Houston is growing, driven by consumer goods [BisNow]
- 8.4% increase in Texas single family home sales predicted [ReCon]
- Learn about League City Orange Groves, January’s featured neighborhood [CI]
- Grand Central Park in Conroe opens 148 homesites [CI]
- Construction underway at Tang City Plaza plus other Sugar Land, Missouri City developments to watch in 2021 [CI]