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August 29, 2023

Castle Hill Partners Starts Development Of Master-Planned Community Near New Caney
Stay Ahead Of The Office Game: Learn How Changing Tenant Preferences Are Impacting Property Design, Layout And Amenities Sept. 27

Castle Hill Partners is developing a 1,373-acre residential community along the recently completed northeast section of Grand Parkway near Lake Houston Wilderness Park and New Caney.

Castle Hill Partners Starts Development Of Master-Planned Community Near New Caney

The master-planned community, dubbed The Trails, will include more than 2,000 homesites, an expansive amenity village, land for a future elementary school and 600 acres of contiguous undeveloped land for recreational use, according to a news release.The development is coming to a part of the Houston metropolitan…

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This Week's Houston Deal Sheet

Lovett Industrial, a Houston-based real estate investment firm, and PCCP, a national commercial real estate investment firm, acquired the Claymoore Portfolio, which consists of 1.4M SF across 10 Class-A industrial buildings in northwest Houston.

This Week's Houston Deal Sheet

The portfolio includes Claymoore Business Park and Northwest Business Park. The warehouses range from 12K SF to 275K SF.At Clay Road and Beltway 8, Claymoore Business Park features eight cross-dock and front-load buildings totaling 1M SF, 18-foot to 24-foot clear heights and 960 parking spaces. At West by Northwest Boulevard and…

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‘We Need A Workforce Now’: A Collaboration To Meet Houston’s Fast-Growing Biotech Demand
PRESENTED BY:   Pearland Economic Development Corporation
 
‘We Need A Workforce Now’: A Collaboration To Meet Houston’s Fast-Growing Biotech Demand  

The life sciences industry is continuing to grow in the greater Houston area. But while the city is on the verge of becoming a leader in this multitrillion-dollar industry, it faces a serious lack of biotech workers to meet demand. Biotech companies like Lonza, which…

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Investors Pour Billions Into Student Housing As Rent Growth Outpaces Apartment Market
Investors Pour Billions Into Student Housing As Rent Growth Outpaces Apartment Market  

As college students head back to school, they aren't the only ones scoping out new opportunities on and off campus.

Major real estate investors have been marching into student housing, drawn to the sector by its higher rent growth than traditional multifamily and its “recession-proof” assets, investors, brokers and researchers told Bisnow. Investors are especially drawn to student housing markets in the Sun Belt states that have seen the highest rent growth and enrollment increases.

With investors flooding into these markets, there are concerns about how it will affect the worsening housing crunch that many college campuses are facing as more students sign up for classes. 

“Kids want and need to go to school during good economic times and bad economic times,” Rob Harper, president of investment giant  Blackstone Real Estate Income Trust, told Bisnow. “It is unique to be able to invest in a sector that has such solid demand fundamentals through good and bad…

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