Apartment vacancy rates are climbing across Houston as developers are set to deliver a whopping 23,500 units this year, according to a new report. Marcus & Millichap Inc. issued its second-quarter multifamily market report, which found that Houston’s apartment vacancy rate has jumped 140 basis points year over year to 8.2 percent. Last year, the […]
First quarter 2017 saw a record amount of new office construction in the Alamo City, further proof that the city’s economic outlook is strong. Of the 1.2 million square feet of new office space under construction in San Antonio, 738,000 square feet was started during first quarter 2017 alone, according to the latest office market […]
Brokers of retail space certainly have their work cut out for them these days. Demand for retail sites remains strong as the population continues to grow quickly throughout the Central Texas region — especially in the suburbs. That leads to a lot of new options coming online, higher rental rates and somewhat difficult times for […]
Los Angeles-based CBRE Group Inc. (NYSE: CBG), a global real estate firm and the largest commercial real estate brokerage in Houston, is consolidating its three Bayou City offices into Williams Tower. CBRE will vacate its offices in Bank of America Center and at 2700 Post Oak Blvd. and move into Williams Tower, per a company […]
AUSTIN, Texas – June 26, 2017 – CBRE, a commercial real estate services firm, raised $60,000 at its annual Charity Golf Bash in Austin this year. The event is organized by the firm’s Austin employees and supports six nonprofit organizations. “I’m proud of the hard work and dedication of the employees who volunteer their time […]
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ACRP Hooks 125+ CRE Professionals to Benefit ACRP Education Fund, Galveston Bay Foundation 2nd Annual Inshore Invitational HOUSTON, TX (June 2, 2017) — The Association of Commercial Real Estate Professionals (ACRP) connected over 125 CRE professionals for their 2nd Annual Inshore Invitational, a benefit fishing tournament raising proceeds for the ACRP Education Fund and the […]