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What Is Houston's Outlook After Hurricane Harvey?

Wednesday, November 08, 2017

Hurricane Harvey, which hit Houston as Tropical Storm Harvey, was the largest rain event in U.S. history. HFF’s Houston office carefully analyzed data to most accurately depict the damage caused by Harvey to Houston. The report, which you may access here, covers damage to the office, multi-housing and single-family residential sectors and demonstrates that the damage proved to be less than previously thought as well as confined to certain areas. Meanwhile, HFF’s transaction activity in Houston remains robust, having closed 4.4 million square... [Read More]

Distribution Center for Sale Near Port of Houston

Thursday, September 21, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Bayport North Distribution Center II, two Class A industrial warehouse buildings totaling 772,500 square feet and located near the Port of Houston. The industrial property for sale is currently 100 percent leased to three tenants, encompassing a blend of national and regional logistics businesses driven by both consumer product demand and the petrochemical industry. The property is in one of Houston’s strongest submarkets, with vacancy rates less than... [Read More]

What You Need to Know About Amazon’s Proposed Second Headquarters

Monday, September 11, 2017

  Copyright (C) 2008 Robert Scoble Amazon has issued an RFP for “HQ2,” a second headquarters in the United States apart from its expansive campus in Seattle, Washington. The idea of a second headquarters location – one on equal footing with their Seattle presence – is highly unusual, if not slightly suspect, due to recent tension brewing between Amazon and Seattle’s legislators. Nonetheless, city, county and state governments across the broad American landscape immediately took up the ... [Read More]

Will Houston’s Economy Survive the Rise of Self-Driving and Electric Cars?

Wednesday, August 02, 2017

Real estate indicators from HFF Houston's Associate Director of Research Justin Boyar. I have fielded a handful of questions recently from concerned investors wondering about the potential threats posed by self-driving cars, electric cars and the increasing use of renewable energy on the oil industry, and thus Houston’s economy. Both Ric Campo, chairman and CEO of Camden Property Trust (NYSE: CPT) and Paul Layne, executive vice president of Master Planned Communities, The Howard Hughes Corporation (NYSE: HHC), recently mentioned in a ULI Emerging Trends roundtable something that – in my... [Read More]

Class A Sugar Land Office Property for Sale

Thursday, July 20, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing 3 Sugar Creek, a 154,263-square-foot six-story office building meticulously designed, constructed and maintained in the Houston suburb of Sugar Land, Texas. 3 Sugar Creek is the standard bearer of excellence for Class A office space in Sugar Land, as it was built with a cast in-place concrete structure and features floor to ceiling window lines, 9.5-foot floor-to-ceiling grid heights and column-free corners, allowing for flexible office design. The office property enjoys prominent location at 3 Sugar Creek... [Read More]

Suburban Houston Office Building for Sale

Thursday, July 13, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing Sugar Creek on The Lake, a 515,152-square-foot, suburban, headquarters-quality office building in one of the fastest-growing micro-economies in the country, Sugar Land, Texas. Developed in 1982 and most recently renovated in 2014, Sugar Creek on The Lake represents one of the premier office addresses in Sugar Land due to its location at the epicenter of the Sugar Land office market with highway frontage and exceptional visibility on Interstate 69 (U.S. Highway 59). Sugar Creek on The Lake, originally... [Read More]

Historic Downtown Houston Office Building on the Market

Thursday, June 29, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing the Esperson building in downtown Houston for sale. Recognized by the Building Owners and Managers Association (BOMA) as the Outstanding Building of the Year for 2016 in the Historical category, the 599,107-square-foot Esperson comprises two parts – Niels Esperson and Millie Esperson – built in 1927 and 1941 and stands as one of the two historic office buildings located in Houston’s central business district. The Esperson is one of the most recognizable buildings in Houston. It is the... [Read More]

Distribution Center for Sale in Houston’s Northwest Submarket

Thursday, May 04, 2017

Holliday Fenoglio Fowler, L.P. (HFF) is marketing for sale Apex Distribution Center, three Class A industrial warehouse buildings totaling 410,060 square feet near the intersection of Beltway 8 and Highway 290 in northwest Houston. The industrial property for sale is currently 86 percent leased to a blend of five national and regional tenants that represent a diversified range of business sectors with no oil and gas exposure. Originally home to Goya Foods, Apex Distribution Center, a development project by Crow Holdings Industrial, features 28 foot minimum ceiling clear height with dock-high configuration and total office finish of less than 10 percent. The 130-foot-average truck court depth provides tractor trailers ample maneuverability, and the building depths appeal to a wide array of industrial users seeking modern industrial space in Houston’s Northwest submarket. With 56,600 square feet remaining... [Read More]

Adaptive Reuse: Crafting a State-of-the-Art Ballpark from an Unused Train Station

Tuesday, March 28, 2017

Adaptive reuse is a way for commercial properties to find a new life, and they can be a win-win situation for developers and a community. This is the case for Minute Maid Park, the home of the Houston Astros Major League Baseball team. Through creative design and planning, Houston has a ballpark that is unlike any other. It gives a nod to its past while projecting success for the future, and adaptive reuse has made it into the iconic site that it is today. Long before the Astros were founded and even longer before Minute Maid Park was constructed, the plot of land in downtown Houston at 501 Crawford Street belonged to the Houston Belt and Terminal Railway Company. The company dedicated the opening of Union Station in 1911, and it served as the main passenger ... [Read More]

H-E-B-Anchored Retail Center for Sale Near Houston

Monday, February 20, 2017

Update:  HFF brokered the sale of this property. For information on the transaction, click here. To discover similar commercial real estate properties for sale, contact Rusy Tamlyn or Ryan West or click here. Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale The Market at Lake Houston, a fully-leased, 101,791-square-foot, H-E-B grocery-anchored core shopping center in the Houston-area community of Atascocita, Texas. The offering provides investors the unique opportunity to purchase an H-E-B-anchored, institutionally-owned and operated retail center in one of Houston’s best performing retail corridors. “Institutional, core buyers... [Read More]

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