News Archive
Houston a top-10 market as industrial real estate is seeing record year
December 4, 2021 - Greater Houston ranks among the top 10 U.S. markets for industrial real estate inventory and space under construction as the sector keeps booming, according to new reports from commercial real estate firms.As of the fourth quarter of 2021, Houston had 19.7 million square feet of industrial real estate under construction,...
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2021 Wealthiest Houston-area ZIP codes
December 2, 2021 - 2021 Wealthiest Houston-area ZIP codes
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Major closures on Fred Hartman Bridge set for this weekend
November 29, 2021 - Drivers should expect major delays and plan alternate routes due to a significant closure set for the Fred Hartman Bridge this weekend.A full southbound freeway closure is planned beginning 9 p.m. Friday through 5 a.m. Monday, according to officials with the city of Baytown. Drivers are encouraged to...
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Master-planned community Riceland could triple Mont Belvieu population
November 21, 2021 - A new master-planned community in the works will have the potential to double or triple the population of the small town of Mont Belvieu in Chambers County.Houston-based McGrath Real Estate Partners said it plans to break ground on the 1,400-acre Riceland in March, with work on the first residential...
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New Industrial Project Underway in Baytown
November 14, 2021 - BAYTOWN, Texas – (Realty News Report) – The Avera Companies, a Houston-based commercial real estate firm, has partnered with AEW Capital Management to develop Kilgore Grand Parkway, a proposed 522,135-SF industrial building in Baytown, east of Houston.“Kilgore Grand Parkway represents a unique value in the current land environment,...
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The Aspen Institute Names Lee College one of 150 U.S. Community Colleges Eligible for 2023 Aspen Pri
November 1, 2021 - WASHINGTON, D.C. — The Aspen Institute has named Lee College one of the 150 institutions eligible to compete for the Aspen Prize for Community College Excellence, the nation’s signature recognition of high achievement and performance among America’s community colleges. The colleges selected for this honor...
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Cargo Continues to Move at Port Houston
October 28, 2021 - HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority met Tuesday for its regular monthly meeting. Port Houston Chairman Ric Campo opened the meeting by expressing his appreciation for all “the people working together to keep the cargo moving.” Chairman Campo acknowledged the unprecedented challenges...
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Led By E-Commerce Growth, Demand For Houston Industrial Space Outpaces Supply For The First Time In
October 27, 2021 - Strong demand for consumer goods, rapid population growth and a global supply chain strain that handed Port Houston a unique opportunity to capture traffic from the backed-up Ports of Los Angeles and Long Beach are converging to make Houston a prime destination for e-commerce ...
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LyondellBasell, Covestro project converts water-based waste to energy
October 25, 2021 - Chemical company LyondellBasell and its German-based partner Covestro have developed a project that converts water-based waste to energy, the companies said Monday.LyondellBasell, with headquarters in Houston and Rotterdam, and the German-based polymer manufacturer have completed their Circular Steam Project in the Netherlands. The companies, which built a...
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ExxonMobil ramps back up construction on $500M expansion after pause
October 20, 2021 - After hitting the pause button during the beginning of the coronavirus pandemic, ExxonMobil is back on track to open its $500 million polyolefin expansion by the end of 2022. The company began in 2019 and expected to complete construction this year but demand for vehicles plummeted and ExxonMobil slowed construction on the...
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