News Archive
Hunt Southwest Real Estate Development breaks ground on 1M-SF spec industrial building in Cedar Port
September 7, 2020 - Dallas-based Hunt Southwest Real Estate Development has broken ground on a 1-million-square-foot speculative industrial project in Baytown. The company said the project was driven, in part, by the surge in online retail sales amid the Covid-19 coronavirus pandemic.The building, dubbed the Cedar Port Trade Center, is located within the...
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Battleship group states its case
August 7, 2020 - Members of the Bring the Battleship to Baytown committee recently met with the ship’s Foundation at their request to discuss the contents of its request for proposal and to answer questions about how the city plans to take care of the historic warship if it ends up being...
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REPORT: Port Houston Activity To Increase As Global Economy Ramps Up
July 29, 2020 - Activity at Port Houston is expected to pick up in the second half of the year, bolstered by the return of global trade, according to the latest U.S. seaports outlook report from Colliers International. Port Houston and the other eight major U.S. seaports experienced a robust year...
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Enterprise Products Partners shrugs off downturn with $1 billion profit
July 28, 2020 - Houston pipeline operator Enterprise Products Partners made $1 billion in the second quarter despite an oil and natural gas industry downturn caused by the coronavirus pandemic.It's the eighth-straight quarter in which Enterprise has made $1 billion or more, but it is still 15 percent less than the $1.2 billion profit in the...
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Texas manufacturing sector still improving, Dallas Fed survey shows
July 26, 2020 - Texas manufacturing activity in July continued to recover from steep COVID-19-related spring declines, a survey of executives by the Federal Reserve Bank of Dallas found.After a deep contraction in the state’s manufacturing in April, when an indicator of activity hit a historic low, the...
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After months of economic woes in the Houston region, hints of a recovery
July 12, 2020 - Four months ago, the effects of the coronavirus pandemic on the Houston region were just beginning to be felt, but signs of an unprecedented economic disaster were taking shape.In mid-March, when Houston Chronicle business reporters looked at the economic effect of the burgeoning pandemic, there were fewer than 100 new...
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Harris County Small Business Recovery Fund Webinar
July 12, 2020 - Harris County Small Business Recovery Fund Webinar - Tuesday, July 14, 2020 at 10:00 AMRegister Here
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City unemployment dive to level off
July 10, 2020 - Baytown, always subject to the ups and downs of the oil and gas industry, got a double whammy when weakness in that sector was magnified by the worldwide COVID-19 pandemic, which lowered demand for fuel and dropped oil prices to record low levels.When the Texas Workforce Commission released statistics...
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Harris County Announces $30 Million Grant Program to Assist Small Businesses Impacted by COVID-19
June 29, 2020 - Harris County, Texas - June 30, 2020, County Judge Lina Hidalgo and each of the Harris County commissioners voted unanimously to approve the Small Business Recovery Fund (SBRF) program, a $30,000,000 grant program established to assist struggling small businesses who have been unable to obtain financial assistance from other COVID-19 relief programs....
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A&R Logistics leases 133,333 square feet at AmeriPort Industrial Park in Baytown, TX
June 14, 2020 - Colliers International is pleased to announce A&R Logistics has leased 133,333 square feet of tilt-wall, distribution warehouse at AmeriPort Industrial Park located at 703 Logistics Drive South in Baytown, Texas. The tenant was represented by Charles G. Fertitta Jr of Colliers International.“A...
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