Health systems have made great strides in keeping patients healthier by providing more care outside of the main hospital facility walls. Decisions about where to deliver care can reduce costs for hospitals and patients alike, while also creating new sources of revenue to hospital systems.
Location is an increasingly critical factor in determining future… 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 fewer branches in… 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 of vacant retail… Read More
With e-commerce driving industrial real estate demand nationwide, the need for warehouse labor has also increased dramatically.
From 2010 to 2014, e-commerce was the third most active industrial sector, accounting for 16.1 percent of all “big-box” transactions nationally, just behind traditional retail and consumer non-durables. However, over the last two years, not only has… Read More
1) Houston’s office sublease inventory decreased by 480,000 square feet in the fourth quarter of 2016 and again by 395,000 square feet in the first quarter of this year.
2) Total office sublease inventory currently sits at approximately 11.3 million square feet.
3) Class A space accounts for 79.2 percent of total available sublease
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 cycle high of… Read More
A strategic partnership for facility operations can be an enormous advantage to hospitals and health systems. In part one of this two-part series, we explored the following benefits of forming a partnership for healthcare facility operations:
Reduce occupancy costs
Generate more revenue
Improve capital management
Ensure maintenance of all capital assets, not just real estate