Houston

Despite the difference in space either added or removed, Houston retail fundamentals are very strong, with occupancy at 94.6%, says a report by NAI Partners.

The segment of the population at or beyond 65 is growing at a rate 14 times faster than those aged 64 or younger and this demand for healthcare services means more workers, making space much tighter in some markets.

Key elements of the Houston Center renovation will include a new arrival experience through a reimagined central plaza and green space along McKinney Street to offer a seamless connection to the street.

The 225 acres are zoned for both heavy and light industrial uses.

The continued flight-to-quality combined with strong leasing activity resulted in the Houston class-A market netting positive absorption for last year.

McCombs is currently in the process of reinventing the Palmilla Golf Community with a consistent greens plan, hiking and biking amenities, and extensive improvements to the resort's golf amenity.

Murdoch Capital LLC and Parkway Partners, two Houston-based privately held real estate investment companies, formed a joint venture for the acquisition and redevelopment of the former Toys R Us.

With oil recently falling to 18-month lows in late December, there are concerns that the recovery of the Houston economy could stall if oil's market price remains below $50 per barrel for an extended period.