Archives: 2010 January
Commercial Construction pricing down 25%…
January 28th, 2010, 1 Comment
Several major, local Houston area warehouse construction projects rebid since the summer have come back at 22% to 27% less than the original bids. These quotes are for industrial, metal warehousefacilities over 50,000 SF with no interior finish. Office build-out costs seem to only be down about 15 – 18% over the same period.
Major drops in concrete [...]
Future of Houston Industrial Real Estate
January 26th, 2010, 1 Comment
More fallout to come in Houston’s industrial market? There are a substantial amount of large industrial vacancies on the market today and while activity is picking up, it is doing so at a very slow rate and not with any consistency. Each week brings news of another property headed back to the lender. Multi tenant buildings [...]
