Houston

A developer would require an abatement to remain, expand, locate or redevelop in Houston, especially if the project is in a declining part of the city and results in strengthening of the local job and economy.

Submarket tightness has resulted in Asia Cabinetry Inc. not only staying put in a renewal but also expanding its headquarters location to 41,458 square feet at 7875 Northcourt Rd.

The national average rent in a high-end building is around $1,640 per month, about $490 more than an apartment in a low-end building, with Dallas rates now clocking in at $1,428 per month on average.

Here's a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

In the past, Southwest Houston would have trailed other notable submarkets in terms of investor preference but buyers are drawn to the population proximity and the ability to serve it quickly.

The Bagby Street project is the first of four Greenroads-certified sustainable roadway projects in the city and the first in the state to accommodate the needs of street users by providing pedestrian-friendly amenities.

Intrepid Business Park is a case study for the success of redevelopment within an area of Houston that has severe land constraints, commanding premium rental rates, says HFF's Trent Agnew.

McCarthy Building Companies' Houston Division is one of the first companies to achieve recognized level craft training endorsement by C3 that measures a craft training program against a training framework.