- 70 Houston Office Buildings Have At Least 100,000 SF of Vacant Space, According to Colliers International [Realty News Report]
- 60-Acre Residential, Retail Development Dubbed Point Preserve Planned for League City [Galveston County Daily News ($)]
- The Blair House at 4139 Bellaire Demoed To Make Way for Trammell Crow’s Alexan Southside Place [Houston Chronicle; previously on Swamplot]
- All Property Management Ranks Houston No. 4 Among the Best Cities in the Southwest U.S. To Own Rental Property [HBJ]
- Four Myths About Houston’s Growth [The Urban Edge]
- How a Couple Turned Their Galveston Beach Getaway Into a Full-Time Home [Houston Chronicle]
- Houston Home to 5 of the Top 10 Most-Trafficked Roads in Texas, According to TxDOT Study [HBJ]
- Voters Approve Local and Statewide Measures That Would Provide New Funding for Road Improvements [Houston Public Media]
- What It’s Like To Live Carless in Houston [OffCite Blog]
- New 35-Foot David Adickes ‘Art’ Sculpture Debuts in the First Ward [Houston Public Media]
Photo of 609 Main: elnina via Swamplot Flickr Pool
Headlines
“How a Couple Turned Their Galveston Beach Getaway Into a Full-Time Home” what is this garbage? Bad enough that the Chronicle is printing it, but here?
Sad to see the landscaping on Blair House went under, too. Had hoped somebody would relocate because they were very well-kept.
They’re moving fast — when I was by there the other day, they had not started yet.
Will be interested to see how fast they break ground and get to building. The units being constructed on the old Shell site down the block have been slow going.
Another piece of trite crap from Adickes, with more to come. Feh.
“Houston is not a good place to invest in real estate because of low cap rates.”
.
Well, low cap rates are generally a side effect of people wanting to invest in an area (and willing to put up with a low cap to be able to do so). So generally low caps are a positive — provided you can get a CAP that’s higher than average. Meaning, if you can get a 7+ CAP in Houston, do it.