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NewsTalk Texas
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NewsTalk Texas compiled by the Real Estate Center at Texas A&M University
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SW Austin residential, business growth fastest in metro area
SOUTHWEST AUSTIN (Community Impact Newspaper) - Southwest Austin now holds two of the fastest growing ZI ...
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Houston trade up 31 percent
HOUSTON (Greater Houston Partnership) - The Houston-Galveston Customs District handled $100.9 billion in trade in 2010 — up 31.6 percent from $76.7 billion — compared to the same first six months of 2009.
Exports totaled $44.4 billion, up 27.7 percent from 2009; and imports totaled $56.5 billion, up 34.8 percent from the same period last year. Houston’s top 20 trade partners accounted for 71.7 percent of the region’s total trade.
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Grubb & Ellis REIT acquiring two Austin apartments
AUSTIN (Citybizlist.com) - Grubb & Ellis Apartment REIT Inc. has entered into definitive agreements totaling approximately $45.8 million to acquir ...
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Forever 21 leases 80,000 SF in North Star Mall
SAN ANTONIO (San Antonio Business Journal) - Los Angeles-based retailer Forever 21 is leasing 80,000 sf in North Star Mall, a space previously occup ...
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San Antonio apartment market on the rise
SAN ANTONIO (San Antonio Business Journal) - Construction is decreasing and demand is going up — two factors that should make for a stronger ...
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Corpus Christi airport gets $2.8M for upgrades
CORPUS CHRISTI (Baytown Sun) - Corpus Christi International Airport is getting a $2.8 million federal grant for terminal improvements and an ex ...
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State Highway 130 facts: Seguin to Georgetown
SEGUIN TO GEORGETOWN (Seguin Gazette-Enterprise) - Change is coming on the eastern outskirts of Seguin, and it’s becoming more and more evident to th ...
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Construction begins on 50,000-SF Austin clinic
AUSTIN (Austin Business Journal) - Central Health, formerly known as the Travis County Healthcare District, has broken ground on the North Central H ...
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Groundbreaking for 52 townhomes in The Woodlands
THE WOODLANDS (Houston Business Journal) - Chesmar Homes plans to break ground this month on a 52-unit townhome project on Ashlane Way in th ...
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San Antonio retail market 2Q 2010: NAI REOC
SAN ANTONIO (NAI REOC Partners) - Nationally, the retail sector continues to face strong headwinds, according to Kim Gatley of NAI REOC San Antonio.
But San Antonio's more recession-resistant economy presents less headwinds which creates opportunities for expanding retailers.
According to the second quarter survey of nearly 45 million sf of retail properties, new leases and expansions produced 61,950 sf of positive net absorption in the quarter led by the re-tenanting of power center space in the North Central sector.
The citywide average quoted triple rental rate regained only one cent since last quarter to reach $17.81 per sf per year. Compared to the same quarter last year, however, quoted rents are down 52 cents for an annual decline of 2.8 percent.
Quoted rents among community centers and neighborhood centers, currently at $18.00 and $14.07 respectively, remained the most stable over the year with annual declines of less than 1 percent.
With the highest vacancy rate of all the categories, strip centers saw rents slide 3.6 percent over the year to reach $15.74 and even though power centers enjoy healthy vacancy rates, quoted rents dropped by $1.51 or 6 percent which lowered the average to $23.82.
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Corpus Christi: building permit activity July
CORPUS CHRISTI (City of Corpus Christi) - The Corpus Christi Regional Economic Trends for August 2010 have been released including building permits for new construction.
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Waco: Legends Crossing may get assisted-living center
WACO (Waco Tribune-Herald) - A $17 million assisted-living center may go up in the Legends Crossing development in southwest Waco.
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Fort Hood boosts economy
FORT HOOD (Killeen Daily Herald) - The Commerce Department's Bureau of Economic Analysis shows that the personal income being generated in the military community has risen sharply o ...
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Dallas home prices rose just 1.2 percent in June
DALLAS AREA (Dallas Morning News) - Dallas-area home prices are still ahead of where the ...
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Seton acquiring Smithville hospital
SMITHVILLE, BASTROP COUNTY (Austin Business Journal) - Seton Family of Hospitals has in ...
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