By Nancy Sarnoff Updated 8:08 pm CST, Thursday, December 20, 2018 Baker Katz, a Houston-based full-service commercial real estate firm, has purchased PlazAmericas Mall, an 850,000-square-foot enclosed center, on Thursday, Dec. 20, 2018, in Houston. Baker Katz, a Houston-based full-service commercial real estate firm, has purchased PlazAmericas Mall, an 850,000-square-foot enclosed center, on Thursday, Dec. 20, 2018, in Houston. Photo: Yi-Chin Lee, Houston Chronicle / Staff Photographer Photo: Yi-Chin Lee, Houston Chronicle / Staff Photographer Image 1 of / 85 Caption Close Image 1 of 85 Baker Katz, a Houston-based full-service commercial real estate firm, has purchased PlazAmericas Mall, an 850,000-square-foot enclosed center, on Thursday, Dec. 20, 2018, in Houston. Baker Katz, … [Read more...] about Houston real estate developers acquire former Sharpstown mall
Real estate
Growth in automobile sector drives up Vietnam industrial real estate market
A large number of industrial and commercial lease deals related to the automobile sector have been made over the past three years. The growth of automobile sector in Vietnam over the past years has left positive impacts on the industrial real estate market, CBRE Vietnam said in the latest report. A large number of industrial and commercial lease deals related to the automobile sector have been made over the past three years with anticipated demand for lease extensions in future periods. Accordingly, real estate developers will see investment chances in the increasing demand for production expansion amid the current limited supply. High occupancy and rising rental rates could also be reasons for them to invest. Supported by policies Back in the beginning of 2017, the Vietnamese automobile market has witnessed a series of significant events, which are expected to reshape the entire industry. The most important events were the promulgation of the … [Read more...] about Growth in automobile sector drives up Vietnam industrial real estate market
Real estate poised for positive 2019
Vietnam continues its rapid development with a slew of new property types springing up in recent years, Photo: Le Toan According to the Foreign Investment Agency under the Ministry of Planning and Investment, real estate business ranked second in size since early this year, with total registered capital of $6.5 billion in 87 new registered projects. “With foreign direct investment (FDI) being funneled into the real estate sector, Vietnam remains an attractive destination for real estate investment in 2019 and beyond. It is because the demand for residential real estate, industrial zone infrastructure, trade centres, and resort real estate remains high,” said Nguyen Tran Nam, chairman of the Vietnam Real Estate Association. According to the country’s housing development strategy, the average housing area of the nation will reach 25 square metres per capita by 2020. To achieve this goal, 100 million sq.m of new housing will be built each year, 70 per cent of which … [Read more...] about Real estate poised for positive 2019
Experts: Colorado Springs’ commercial real estate fundamentals all point to another solid year ahead
Colorado Springs’ commercial real estate market continued to make post-recession strides this year and is poised for another solid year in 2019, according to a new forecast by Quantum Commercial Group, a local brokerage.Still, the commercial market — including its key office, industrial and retail sectors — won’t be without challenges next year.First, the good news: Employers, retailers, restaurants and other businesses have discovered Colorado Springs, Quantum officials say. They like the city’s quality of life, population growth, improved economy, cheaper costs to do business and housing prices that — while on the rise — remain lower than Denver’s and other markets.“Colorado Springs has been found,” said Dale Stamp, Quantum Commercial’s president. “Not only for national retailers. People in general, through your travels, everybody says wonderful things about Colorado Springs.”The Springs is gaining a … [Read more...] about Experts: Colorado Springs’ commercial real estate fundamentals all point to another solid year ahead
Real estate transactions: Encino Energy signs big Uptown lease
By Katherine Feser Published 7:00 am CST, Thursday, December 20, 2018 San Felipe Plaza near the Galleria has landed Houston-based exploration and production company Encino Energy as a tenant. San Felipe Plaza near the Galleria has landed Houston-based exploration and production company Encino Energy as a tenant. Photo: Parkway Property Investments Photo: Parkway Property Investments Image 1 of / 3 Caption Close Image 1 of 3 San Felipe Plaza near the Galleria has landed Houston-based exploration and production company Encino Energy as a tenant. San Felipe Plaza near the Galleria has landed Houston-based exploration and production company Encino Energy as a tenant. Photo: Parkway Property Investments Real estate … [Read more...] about Real estate transactions: Encino Energy signs big Uptown lease