- Houston’s industrial market continues to surge as online shopping drives need for warehouse space [HBJ] $
- HAR: Houston home prices at record highs, inventory still at all-time lows in March 2021 [HBJ] $
- Houston homes sales up – best March in real estate history [RealtyNewsReport]
- East End affordable housing project receives approval from Houston city council [Chron] $
- Hundreds of thousands of homeowners exit forbearance as economy improves [Chron] $
- Average Houston single-family home price jumps 20% in March [CI]
- Third of employees expect to continue working at home [Chron] $
- Buyers have diverse preferences for the home’s exterior design [NAHB]
Author: The Good Life
Houston Economy Gaining Strength
- Linde Engineering inks 120,454-SK lease in The Woodlands [HBJ] $
- Lincoln Property Co. to sell office tower in Houston’s Greenspoint area [HBJ] $
- Live Nation to open concert venue in Lovett Commercial’s Post Houston development [HBJ] $
- One month in, Texas reopening has boosted some sectors but not others [BisNow]
- Pharmaceutical firm leases headquarters space in The Woodlands [RealtyNewsReport]
- Office building CityNorth 1 for sale for $25,352,600 [RealtyNewsReport]
- Greystar opens 12-story luxury apartment tower Ellison Heights in Houston’s Heights [HBJ] $
- Houston’s economic recovery gaining speed, index show [Chron] $
- 3D-printed California community shows the technology’s huge potential for home construction [Forbes]
Softwood Lumber Producer Price Index up 42.6% Since November 2020.
- Greystar opens 12-story luxury apartment tower in Houston’s Heights [HBJ] $
- Midway CEO Jonathan Brinsden Departs Houston For California [BisNow]
- Office buildings: The return to normalcy [RealtyNewsReport]
- People in Real Estate [RealtyNewsReport]
- The Signorelli Co. has started construction on The Gregory Apartments in Porter [ReCon]
- New boutique Bay Area development casts off with homes starting at $250,000 [CultureMap]
- Hackberry Plaza to bring 15,000 square feet of space along FM 1488 this summer [CI]
- Homes sales down in 3 Pearland, Friendswood-area ZIP codes in February [CI]
- Softwood lumber prices again reach record high in March [BuilderOnline]
Vacation Home Market Boom
- Exclusive: Midway CEO Jonathan H. Brinsden leaves the company [HBJ] $
- Howard Hughes Corp. hires former Whiting Petroleum Correne Loeffler exec as its new CFO [HBJ] $
- Vacation homes sales surge in work-from-home era [RealtyNewsReport]
- This week’s deal sheet [BisNow]
- RNR real estate briefs [RealtyNewsReport]
- Cotsco building new concept store [RealtyNewsReport]
- Downtown Houston awaits a ‘chance to exhale’ [Chron] $
- KB Homes’ 97-homesite Creekside Court under construction at Carraway Lane, FM 2978 [CI]
- Townhome development proposed near Washington Avenue [CI]
- Houston super couple’s Piney Point home rockets onto market for $3M [CultureMap]
- Texan Whit Hanks buys England’s oldest hotel [RealtyNewsReport]
‘Disrupted Global Supply Chain Continues to Wreak Havoc’
- New development projects compound downtown Houston’s office struggles [HBJ] $
- Costco to build first Houston-area Business Center in mixed-use district [HBJ] $
- Behind the deal: How Archie Dunham got his second master-planned community underway [HBJ] $
- Martin Fein Interests sells another Springwoods Village apartment community [HBJ] $
- Construction’s woes start to hit this surging real estate sector [BisNow]
- WeWork hires Transwestern in new strategy to attract larger tenants [RealtyNewsReport]
- New breed of retailer helps malls experience a revival [Chron] $
- In Houston and everywhere else, (lot) size matters [Kinder]
- Small houses, big impact [ArchitectMagazine]
- Inside the building industry’s supply chain setback [BuilderOnline]
Housing Talk
- Archie Dunham’s development team breaks ground on second master-planned community [HBJ] $
- HistoryMaker Homes opens La Porte community focused on homes priced below $300K [HBJ] $
- Exclusive: Houston City Hall basement gets redesign as part of $4M of Hurricane Harvey damage repairs [HBJ] $
- Howard Hughes Corp. debuts headquarters, tenant space in The Woodlands Towers at The Waterway [HBJ] $
- Rice Military-area senior housing project gets backing of city’s Harvey grant program [CI]
- DATA: Texas metros lead the nation in return to in-person work since start of pandemic [CI]
- Bellaire-Meyerland-West University Place real estate: See some of the properties that sold in March 2021 [CI]
Gulf Coast Commercial Group Finalizes Plans for Magnolia Village
- Another 60-acre mixed-use project planned in growing Magnolia area [HBJ] $
- Community developer Signorelli Co. sets opening date for first RV, camping resort [HBJ] $
- Office landlords faced with rising vacancy are turning to coworking [BisNow]
- JLL hires Charles Gordon and his band of tenant brokers away from CBRE [BisNow]
- Martin Fein apartments acquired by CDC Houston [RealtyNewsReport]
- Luxury high-rise Ellison Heights is now open [CI]
- First model homes open in Audubon in Magnolia [CI]
- Hyatt House Hotel to open in Shenandoah in late April [CI]
- DATA: Cy-Fair home prices increased in every ZIP code in first quarter [CI]
- DATA: Cy-Fair office, retail vacancy rates tick upward as one-year anniversary of COVID-19 pandemic passes [CI]
- This Texas region explodes with sales amid pandemic land rush [CultureMap]
- The Texas rent relief program paid 250 people from a $1 billion fund. What went wrong? [Chron] $
- America at home: Consumers place more importance on well-being [BuilderOnline]
Improving Outlook
- The Signorelli Co. reveals initial plans for Valley Ranch Medical District [HBJ] $
- Some (but not all) Houston brokers are basking in Texas reopening glory [BisNow]
- Positive absorption in The Woodlands: Linde Engineering signs big lease [RealtyNewsReport]
- Houston vacancy leads nation – Covid and oil impact Space City’s office market[RealtyNewsReport]
- Re-taking stock: Understanding how trends in the housing stock and gentrification are connected in Houston and Harris County [Kinder]
- DATA: Cy-Fair office, retail vacancy rates tick upward as one-year anniversary of COVID-19 pandemic passes [CI]
- Check out March’s featured neighborhood in the Lake Houston area: Kenswick, 77339 [CI]