Houston

The high cost of urban living coupled with the urban areas remaining hotspots for the pandemic have pushed buyers outside city centers

In 2019, there were 321,000 units, but this year, there will only be 283,000, which is a 12% decrease, said a report by RENTCafe Blog.

Two facilities totaling more than 500,000 square feet recently sold for nearly $64 million after Provender Partners made extensive improvements and secured 10-year leases from Dollar General in both locations.

Foster Ridge Distribution Center, a 327,000-square-foot class-A distribution facility, recently sold to Conshohocken, PA-based Exeter Property Group from San Antonio-based seller Koontz Corporation.

Higher costs from COVID-19 and lower revenues from pausing profitable elective surgeries have hurt Houston-area healthcare providers, prompting them to pause real estate projects and transactions.

Patrinely Group's new protocols ensure the safety of clients, meet operational expectations and anticipate how the building operations shift will allow delivery of key development and operational services.

Provident needed to close the Star loan transaction in less than two weeks, while in the middle of the COVID shutdown, so PCCP moved quickly and provided a creative solution for the complex transaction.

The timing for Empire West could not be better given the location, the surge in e-commerce related warehouse demand and the Houston region's continued population growth, which recently eclipsed 7 million people.