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Category: Daily Digest

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

Is Highway 290 the Next Hot Suburban Corridor?

January 18, 2021The Good Life
  • Wolff Cos. expands Beacon Hill master-planned community northwest of Houston [HBJ] $
  • Australia-based Caydon reveals plans for condo-hotel project in Midtown Houston [HBJ] $
  • The next Houston growth corridor? Land deals happening [RealtyNewsReport]
  • This week’s deal sheet [BisNow]
  • RNR real estate briefs [RealtyNewsReport]
  • Real estate transactions: Younan Properties buys Energy Corridor office building [Chron] $
  • Winsupply leases space in strong NW Houston industrial market [RealtyNewsReport]
  • Houston’s second-tallest skyscraper signs law firm tenant [RealtyNewsReport]
  • Listen: And the Loopies for 2020 go to… [Chron] $
  • Houston-based Asset Living acquires Shelton Residential in Phoenix, plans to hire 100 [HBJ] $
  • Raveneaux Country Club operations cease Jan. 20; flood control district seeks remaining acreage [CI]
  • Michael Dell says more tech companies will be moving to Texas [Chron] $

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Daily Digest Asswet Living, Beacon Hill, caydon, Energy Corridor, Michael Dell, Midtown, Raveneaux Country Club, real estate briefs, real estate transactions, This week's deal sheet, Wolff Cos, Younan Properties Leave a comment

Money and Talent Continue Southern Migration

January 15, 2021The Good Life
  • Skanska drew inspiration from Bank of America Tower for new downtown Houston project [HBJ] $
  • Powers Brown Architecture names Bruce Walck firm’s first president [HBJ] $
  • Houston’s warehouse boom – 280 acres under roof occupied [RealtyNewsReport]
  • ‘Corporate malfeasance’ not to consider HQ move out of Bay Area or NYC [BisNow]
  • Q4 2020 | Houston office market report [Colliers]
  • Record Houston home sales reported [RealtyNewsReport]
  • Commercial data: Office rents drop in Cy-Fair, retail rents hold steady to close out 2020 [CI]
  • Stopping storm surge: Coastal barrier aims to protect Greater Houston area [CI]
  • Magnolia annexes 69.53 acres of land for future 100-home development [CI]
  • How the pandemic fueled the tiny-house movement and where it’s going in 2021 [BuilderOnline]

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Daily Digest Bank of America Tower, Bruce Walck, Cy-Fair, Magnolia, office market, Powers Brown Architecture, Skanska Leave a comment

Skanska Announces Plans for Discovery West Tower

January 14, 2021The Good Life
  • Skanska reveals plans for 28-story office tower downtown, including anchor tenant [HBJ] $
  • USAA Real Estate sells massive industrial portfolio, including Houston buildings [HBJ] $
  • Houston retail real estate brokers share 2021 goals, lessons learned from 2020 [HBJ] $
  • HAR swears in new board leadership [HBJ] $
  • Houston home sales hit records in 2020 [Chron] $
  • Low inventory, interest rates influence Cy-Fair’s real estate market throughout pandemic [CI]
  • ‘Lost Galveston’ gives inside look at island’s architectural history [Chron] $
  • River Oaks District launches farmers market this weekend [CI]

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Daily Digest Cy-Fair, Discovery West, HAR, Lost Galveston, River Oaks District, Skanska, USAA Real Estate Leave a comment

Optimism Abounds in Houston

January 13, 2021The Good Life
  • Skanska plans demolition of Montrose retail plaza [HBJ] $
  • Houston construction execs push back on data saying city led U.S. in construction jobs lost [BisNow]
  • Origin stories: Camden CEO Ric Campo on faking it until you make it [BisNow]
  • Weingarten Realty deals with Fidelis in 850k-sf Texas trade [RealtyNewsReport]
  • Homebuying platform Orchard plants its flag in Houston [Chron] $
  • Canopy at Springwoods Village opens in Spring [ReCon]
  • Friendswood has 14% of city left to develop [CI]
  • There are only 19 prosperous majority-Black ZIP codes in the US. The Houston area is home to two [Kinder]
  • Amazon dethrones H-E-B as nation’s top grocer, according to new data from shopping report [Chron] $

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Daily Digest Camden, Canopy at Springwoods Village, Fidelis, Friendswood, Montrose, Orchard, Ric Campo, Skanska, Weingarten Realty Leave a comment

More Questions About Real Estate Agent Commissions

January 12, 2021The Good Life
  • Large lease in Westchase Park II raises tower to 92% occupancy [RealtyNewsReport]
  • Houston real estate agents caught on tape steering buyers away from homes with less commission [Chron] $
  • “I’m not even going to show it to them, to be honest with you” [LoopedIn]
  • “I’m not doing that” [LoopedIn]
  • “We can stop right there” [LoopedIn]
  • Chicago investor Dayton Street Partners picks up 500k-sf logistics asset [ReCon]
  • CRE will take a backseat to pandemic, budget during 2021 Texas Legislative session [BisNow]

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Daily Digest Dayton Street Partners, Westchase Park II Leave a comment

Village Towers: Breaks Ground, Signs Leases in Just 10 Months

January 11, 2021The Good Life
  • Covid-19 gives Houston’s Moody National, Arch-Con a crash course in quick construction [HBJ] $
  • This week’s deal sheet [BisNow]
  • Houston apartment rents fell 3.5% last year [RealtyNewsReport]
  • Houston office vacancy hits highest point since 1980s: Madison Marquette [RealtyNewsReport]
  • Center economists look ahead to 2021 [ReCon]
  • RNR real estate briefs [RealtyNewsReport]
  • Real estate transactions: Vroom, First Investors Financial, Regus ink office leases [Chron] $
  • Houston lands among the most popular metros for millennial homebuyers [CultureMap]
  • UPDATES: Three developments to watch in Cy-Fair in 2021 [CI]
  • Homebuilder’s agent challenges industry pay program [Chron] $

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Daily Digest Cy-Fair, First Investors Financial, Madison Marquette, real estate briefs, real estate transactions, Regus, this weeks deal sheet, Village Towers, Vroom Leave a comment

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