Houston

Although Houston was in the midst of an affordable housing crisis before Hurricane Harvey, the devastating aftermath further exacerbated the issue, however, Avenue Station adds to the affordable inventory.

Parc Air 59 will provide class-A last-mile industrial product to the underserved residential growth along the 59 corridor in Humble, which offers a competitive tax advantage over surrounding municipalities.

Although the Houston office market has been struggling as a consequence of crude oil hovering at the $50 per barrel bull/bear line, it remains one of the best six markets for investment in 2018.

Despite a challenged submarket with total availability increasing past 30% during the first quarter, leasing activity for One Park 10 has been strong and recent transactions have taken occupancy to more than 65%.

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

Packages will fade as more tenants take advantage of favorable lease terms, the development pipeline tapers off, sublease space is absorbed, and the newest and most efficient space is leased, says JLL.

The UT system is preparing to seek potential buyers or developer-buyers of approximately 300 acres of undeveloped land in south central Houston less than three miles from the Texas Medical Center.

Houston's multifamily market continued its positive momentum through first quarter 2018, and investors continue to purchase, given the demand for apartment investments amid shrinking supply.