San Antonio Industrial Market Moves in Lockstep with National Trends

By Joe Iannacone, vice president of development, Titan Development; and Rob Burlingame, SIOR, CCIM, senior vice president, CBRE While industrial was a preferred investment vehicle prior to the pandemic, the impacts of COVID-19 have further cemented the property type’s place as the favorite asset class among investors. Newly implemented safety precautions related to COVID-19 have accelerated established trends toward e-commerce and delivery-based shopping. The pandemic has also exposed …

April 16, 2021Industrial, Market Reports, Texas, Texas Market Reports

San Antonio Multifamily Market Maintains Healthy Supply-Demand Balance

By Sean Sorrell, senior managing director, JLL Last year, San Antonio’s multifamily sector was one of the only markets nationally in which the 2020 absorption exceeded that of previous years. Moreover, the city’s development pipeline was already contracting after 2019, so additional supply reductions in 2020 and 2021 due to COVID-19 should result in rebounding occupancy across the metro. The market is maintaining balance in terms of supply and demand and is poised to elevate its …

April 14, 2021Market Reports, Multifamily, Texas, Texas Market Reports

Where Does the San Antonio Retail Market Stand One Year into the Pandemic?

By David Nicolson, president, Weitzman San Antonio In March 2020, health officials first used the term “pandemic” in reference to COVID-19. Since then, our communities, economy, commercial real estate industry and retailers and restaurants have gone through a year of challenges that few could have foreseen at the start of 2020. The fact that today we are in better shape than we could have predicted during the shutdown a year ago shows that the disruptions caused by the pandemic have …

April 9, 2021Market Reports, Retail, Texas, Texas Market Reports

El Paso Multifamily Investment Demand Remains Strong Through First Quarter of 2021

By Jack Stone, director of investment sales, Greysteel“What do you have in El Paso?”The country is over a year into the pandemic, and Greysteel is still receiving calls on a daily basis from groups asking just that. We sold thousands of units in El Paso over the two years leading up to COVID-19, and there’s no end in sight.In fact, even in these uncertain times, demand seems to have grown. Attracted to the higher yields, strong tenant base and increasingly diversified economy, …

April 7, 2021Acquisitions, Market Reports, Multifamily, Texas, Texas Market Reports

Texas Multifamily Developers Navigate New Minefields

By Taylor Williams The past 12 months have thrown multifamily developers a full nine innings’ worth of curveballs, and while many owner-operators have successfully adjusted to the various challenges brought on by the pandemic, they are still tasked with figuring out how much staying power these disruptions will ultimately have. To be sure, the major markets of Texas remain well-positioned for multifamily growth. Even amid a global health crisis, the Lone Star State has maintained its status …

April 2, 2021Market Reports, Multifamily, Texas, Texas Market Reports

Demand Surges Throughout East Houston’s Industrial Market

By Travis Secor, senior associate, JLL Nationally, e-commerce and warehouse supply have been the center of the industrial real estate conversation. It’s easy to get lost in the latest data related to the impact of COVID-19 and speculation on where a major online retailer’s newest distribution centers will land. Houston has received its share of the industrial real estate spotlight over the years. The narrative over the past decade will tell a story about the wild vacancy swings …

March 31, 2021Industrial, Market Reports, Texas, Texas Market Reports

Despite Current Pain, Long-Term Needs for Office Space Won’t Disappear in Houston

By Dustin Devine, vice president, Avison Young In 2020, COVID-19 further compounded the issues Houston’s office market was facing with depressed oil and gas prices. With many office users implementing work-from-home policies — although a shift back to the office is in progress — and minimal business travel, there was weak demand for office space in 2020. Houston’s office market is expecting a resurgence of sorts beginning in mid- to late-2021 due to increased vaccine rollouts and …

March 24, 2021Market Reports, Office, Texas, Texas Market Reports

Roundtable: Brokers From NAI Partners Discuss Austin’s 2020 Performance and 2021 Expectations

As one of the fastest-growing markets of the past decade that continues to make headlines for high-profile developments and corporate relocations, Austin has had some economic and demographic cushion from the headwinds brought on by COVID-19 over the past year.While leasing and investment sales activity essentially froze at the onset of the pandemic, as it did in virtually every major U.S. market, Austin’s strong growth in office-using jobs, natural pace of in-migration and vibrant …

March 17, 2021Market Reports, NAI, Texas, Texas Market Reports

The Houston Retail Market: What’s Changed After A Year of the Pandemic

By Shawn Ackerman, president of Houston retail, Henry S. Miller Brokerage COVID-19 is on everyone’s mind. From landlords to tenants, all are desperately trying to predict the future, because the past has destroyed many businesses. Retailers such as Luby’s, Chuck E. Cheese, Lane Bryant, 24 Hour Fitness, Gold’s Gym, Pier 1 Imports and Tuesday Morning all filed bankruptcy in 2020. Not only did numerous tenants file for bankruptcy, but many more are also barely holding on. What does the …

March 15, 2021Market Reports, Retail, Texas, Texas Market Reports

Dallas Self-Storage Development Maintains Slow But Steady Construction Trajectory

By Mirela Mohan of STORAGECaféThe self-storage industry closed 2020 on an upward path, seeing stable or rising rental rates and elevated construction activity across the board after an uncertain year.According to our data, new construction stayed on a steady trajectory throughout the year, with 49.4 million square feet of new product added nationally — slightly less than the volume of new development in 2019. This came as a natural consequence of the high existing inventory which, …

March 12, 2021Industrial, Market Reports, Self-Storage, Texas, Texas Market Reports