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Month: January 2021

Is Industrial the Safest Place For Everyone’s Money?

January 29, 2021The Good Life
  • 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]

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Daily Digest ALTO Real Estate Funds, Amazon, Audubon, David Glover, IDV, Investment & Development Ventures, Katy, Magnolia, MetroNational, The Woodlands, Welcome Group Leave a comment

Texas Tallest Skyscraper Gets its Name Back

January 28, 2021January 29, 2021The Good Life
  • 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] $

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Daily Digest Conroe, Grand Park Square, Heights, JPMorgan Chase Tower, KBS, Park Street Homes, Richard Florida, Sparks, Stradford Capital, Teaswood Avenue, Wolf Capital Leave a comment

Houston Home Prices Set Records

January 27, 2021The Good Life
  • 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]

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Daily Digest Amazon, Geirin North Shepherd, Metropark Square, Sam Moon Group Leave a comment

$1.9B in Downtown Construction Projects

January 26, 2021The Good Life
  • 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] $

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Daily Digest Davis Commercial, Lake Houston, League City, Mark Davis, Meritage Homes, Riverbend, Texas City Leave a comment

Mini Mural Monday

January 25, 2021The Good Life
34th St @ Mangum

More Pictures Here

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Mini Mural Monday 34th St @ Mangum Leave a comment

Revitalizing Neighborhoods into 15-Minute Cities

January 25, 2021The Good Life
  • 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]

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Daily Digest Colliers, Lee & Associates, Mason Alsbrooks, Metropark Square, real estate briefs, Stonelake, this weeks deal sheet, Wade Greene Leave a comment

Office Talk

January 22, 2021The Good Life
  • 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]

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Daily Digest Colliers, Greystone, Pasadena, The Jenkins Organization, Transwestern, Wade Greene Leave a comment

Caydon Creating Residential/Hotel Hybrid at Fitzroy

January 21, 2021The Good Life
  • 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] $

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Daily Digest caydon, David Weekley Homes, Fifth Ward, Fitzroy, Heights, Kashmere Gardens, Rosenberg, Trendmaker Homes, Tri Pointe Homes, Welcome Group Leave a comment

Cargo Volumes Create Positive Domino Effect

January 20, 2021The Good Life
  • 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]

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Daily Digest Amazon, Brookshire, Conroe, Grand Central Park, League City, Lincoln Lumber, Missouri City, Orange Groves, Port of Houston, Sugar Land, Tang City Plaza Leave a comment

Bellaire News

January 19, 2021The Good Life
  • Randalls leaves 3-acre opportunity in downtown Bellaire [RealtyNewsReport]
  • Bellaire considers allowing Technical Research Park District to become retail, entertainment district [Chron] $
  • PadSplit launches shared housing option in Houston [Chron] $

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Daily Digest Bellaire, PadSplit, Randalls, Technical Research Park Leave a comment

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