Skyline real estate nationally is at a turning point due to increasing new supply, slowing job growth and movement toward safe investments. As a result, rent growth is likely to slow and even plateau for Trophy assets, and vacancy declines will stall… Read More
By: Jeff Venghaus, executive vice president and industrial lead, JLL Houston
Houston is rising as a big-box market thanks to strong population growth and the expansion of e-commerce and consumer goods. This year, the market is set to deliver a record seven warehouse and distribution facilities of greater than 400,000 square… Read More
The world of work is changing and the landscape of real estate has evolved. What was once about acquiring and managing buildings has become a strategic lever for transformation, enabling organizations to achieve broader business agendas. Relationships between organizations and the people they serve, employ and partner with are… Read More
Banking is no longer about which brand has the most locations. Today, it’s about how effectively a bank delivers services to its customers and their need for remote, anytime, anywhere access for their transactions.
As a result, the FDIC estimates today, on a net basis, there are almost 7,700… Read More
Houston’s multifamily market is working to rebalance following an influx of new units to the market over the last three years. However, recovery may come sooner than originally thought thanks to a diminished development pipeline, strong first quarter absorption, and positive population and job growth.
Here are three things to know about Houston’s multifamily market right now.
Traditional department stores face headwinds as consumers choose to shop in discount stores, at specialty stores and on the web. Major department stores have announced sizable closures this year, and as many as 324 stores across the U.S. will soon be empty, adding about 36 million square feet… Read More
Houston’s retail supply is finally beginning to satiate the red-hot demand of the latest growth cycle.
The city’s retail construction pipeline decreased in the first quarter of this year, settling at 2.7 million square feet. This represents a significant, but ultimately inevitable decrease from the… Read More