Houston
JLL Chief Economist Weighs in on Hurricane Harvey
As the firm continues assessing the effects of the disaster, Ryan Severino provides an early forecast of its economic implications.
Self-Storage Facilities Begin to Recover After Hurricane Harvey
Following the natural disaster that crippled Houston, businesses begin to recover, while also lending a helping hand. Extra Space Storage announces it has reopened the bulk of its properties in the greater Houston area.
JLL Facilitates HQ Relocation for Houston Company
INOVA Geophysical inked a 37,715-square-foot lease in Sugar Land, Texas, a suburb of Houston. The seismic company’s new headquarters will be just three miles from its former office.
Large Houston Mixed-Use Portfolio Changes Hands
The H.I.G. Realty Partners joint venture acquired more than 2 million square feet of office space, as well as three adjoining retail centers.
NASA Opens 118 KSF Biomedical Lab
The three-story facility, which was designed by HDR to achieve LEED Silver certification, incorporates innovative technological, sustainable and energy-efficient features.
Distribution Center Breaks Ground in Northwest Houston
The nearly 300,000-square-foot, cross-dock distribution center will feature 60-foot bays with 32-foot clear height, trailer parking, ESFR fire sprinkler installation and regional water detention.
Home2 Suites by Hilton Houston Webster Now Open
The 91-key hotel is located in close proximity to NASA Johnson Space Center, Challenger Seven Memorial Park and Galveston Island.
Insite Pays $28M for Houston Office Asset
The 160,407-square-foot office property was completed by KDC in 2006 as the third in a series of speculative office buildings located in Tampa, Atlanta and Houston.
Oil Prices, Supply Still Influence Houston’s Market
The outlook for Houston’s multifamily sector will stay cloudy as the market continues to show signs of instability, mostly due to negative rent growth and decreasing occupancy in the upscale Lifestyle segment.
Spec Medical Project Underway SW of Houston
TierOne Development broke ground on a 38,600-square-foot office/medical development in Sugar Land, Texas, slated for completion in 2018.