Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
July 12, 2022

'A Whiff Of 2007' As Cracks Show In CRE Investment

Houston Industrial & Port Development To Be Held At The Westin Memorial City Aug. 18

Collapsed sales, a dwindling pool of buyers, the increasing price of debt — a growing pool of evidence points to a significant slowdown in U.S., UK and European real estate investment markets in the second half of 2022 and beyond, and it may be accompanied by a fall in values in most sectors.

'A Whiff Of 2007' As Cracks Show In CRE Investment

“We are seeing a softening of yields in several sectors combined with a number of counterparties seeking a reduction in purchase prices,” Clearbell Capital Senior Partner Manish Chande told Bisnow. Pulling together the threads from different regions paints a picture of…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

JLL Leans Further Into 'Exploding' Office Proptech Space With New Deal JLL Leans Further Into 'Exploding' Office Proptech Space With New Deal
American Tower Sells $2.5B Stake In Newly Bought Data Center Portfolio American Tower Sells $2.5B Stake In Newly Bought Data Center Portfolio
Employers Pay Remote Workers Less, Worsening Inflation's Impact On Wage Growth Employers Pay Remote Workers Less, Worsening Inflation's Impact On Wage Growth
More Than 300 State Employees Resign After Virginia Gov. Glenn Youngkin Curbs Remote Work More Than 300 State Employees Resign After Virginia Gov. Glenn Youngkin Curbs Remote Work
Perforation

Bechtel Halves Its Office Space As It Leaves Its Home Of 40 Years

Bechtel Halves Its Office Space As It Leaves Its Home Of 40 Years

Bechtel will downsize and move its Houston office at the end of next year, halving its space after shifting to a hybrid work model. The Virginia-based engineering and construction firm has rented the entirety of 3000 Post Oak for more than 40 years, leasing 440K SF in total, according…

Read the full story here.

  Share:  
 
Perforation

This Week's Houston Deal Sheet

Several office tenants renewed or leased space at downtown office towers the Allen Center.

Most prominently, Macquarie Group, a financial service firm, renewed a 56K SF lease at One Allen Center. The 550-employee office has been a tenant at One Allen Center since 2007.

This Week's Houston Deal Sheet

“We are pleased to continue our relationship with Macquarie Group,” Travis Overall, executive vice president and head of the Texas region for landlord Brookfield Properties, said in a release. “Macquarie’s decision to renew its lease and continue to call Allen Center home speaks highly of the recent capital improvements that…

Read the full story here.

  Share:  

 
Perforation

In Case You Missed It...

Downtown Houston Leads City's Office Recovery, But Future Remains Uncertain Amid Interest Rate Hikes Downtown Houston Leads City's Office Recovery, But Future Remains Uncertain Amid Interest Rate Hikes
'First-Of-Its-Kind' 164K SF Truck Terminal Planned In Baytown 'First-Of-Its-Kind' 164K SF Truck Terminal Planned In Baytown
The BTR Boom Is Colliding With NIMBY Pushback. Local Planners Are Caught In The Middle The BTR Boom Is Colliding With NIMBY Pushback. Local Planners Are Caught In The Middle
New Kinder Institute Director Isn't Interested In Band-Aid Solutions For Houston Inequality New Kinder Institute Director Isn't Interested In Band-Aid Solutions For Houston Inequality
As Wall Street Nudges The Nation Toward Rentership, Community Resentment And Pushback Are Building As Wall Street Nudges The Nation Toward Rentership, Community Resentment And Pushback Are Building
 
Perforation

Construction Spending Is Up, But Contractors Lack Confidence

Construction Spending Is Up, But Contractors Lack Confidence  

Costs may be high and labor short, but contractors are still planning projects, further driving up construction spending on an annual basis. Dodge Construction Network's Momentum Index, a monthly measure of nonresidential building projects in the planning stages, increased slightly in June to 173.6, pushing the metric to its highest level…

Read Full Story

  Share:  
 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 59252