Commercial Property, Management and Brokerage News to Know.

Belvoir keeps you informed on commercial real estate brokerage and industry news through blog posts and links to updates with our company. Stay up-to-date with the latest information so you can keep going places.

Industry Outlook 2022: Industrial Real Estate

Following the coronavirus pandemic, the industry outlook for manufacturing and industrial real estate grew and remained strong. From an increased demand for distribution space to meet ecommerce demands, to new manufacturing startups, Texas has been one of


The Flex Space: What it is and What You Should Know

The flex space is nothing new in commercial real estate, but in today’s world of co-working concepts and flexible workdays, it’s gained in popularity. But what exactly is a flex space — and what are your options if you plan to work out of (or purchase) one? We’re glad you asked.


The Central Business District in a Post-COVID World

The central business district has long been a corporate mainstay. It’s where a city’s movers and shakers hash out important deals. It’s a centralized spot with the eateries, transportation and office space that make day-to-day business doable. It’s a hub for many in the business


The Return of American Manufacturing — and What it Means for Real Estate

American manufacturing ranks among the many (many) aspects of everyday life impacted by the COVID-19 pandemic. With the announcement of lockdown orders in 2020 came lower demand for countless products and materials. In response, manufacturing operations sold off product,


The New Normal: Commercial Real Estate Market Trends to Watch

As organizations look to reopen their doors in 2021, the commercial real estate market will continue to evolve to meet the “new normal.” With vaccine rollouts and restrictions being lifted across the country, many companies are already welcoming employees back to the office.


How to Remain Relevant When a Building Life Cycle Shrinks

Commercial real estate pros have eyed building life cycle trends for years now, and cycles seem to be getting shorter and shorter. Now, in light of the pandemic, flexibility has become even more of a concern for owners and tenants alike.


Could Houston Become a 15-Minute City?

Imagine Houston as a 15-minute city, where everything a person needs is just a quick walk from their house or apartment. The average U.S. household spends 16% of its income on transportation costs — in fact, transportation is the second-highest expense behind housing.


Tech Real Estate Opportunities Inspire Relocation to Houston


In recent years, Houston has been dubbed the “Silicon Bayou” due to enticing commercial real estate opportunities that have led tech companies nationwide to take note. In particular, a number tech firms headquartered in California, such as Hewlett Packard Enterprise (HPE), have been researching and planning relocations to Houston.


Reimagine the Possibilities with Retail Space for Lease and Sale

Between closures of various retail chains — and others shifting focus to online sales — there has been a recent increase in the amount of available retail space for lease and sale. At the same time, doors are opening for businesses able to consider what such vacant spaces could become.


Office Building Safety Amid COVID-19

Office building safety has been top of mind for building owners and tenants everywhere since the start of COVID-19. The good news is, providing optimal safety — and easing the minds of workers and visitors who visit a building — doesn’t have to be a mystery.


Despite Pandemic Challenges, Houston Office Space Isn’t Going Anywhere

While working from home has shown to be effective and it’s easy to stay connected with today’s technology, it’s clear that Houston office space is here to stay.


3 Houston Real Estate Projects to Look Forward to in 2020

The first half of 2020 has been anything but normal, to say the least – but Houston real estate is still on an exciting path forward despite the challenges that the coronavirus pandemic has brought.


A Changing World: How Belvoir Has Adapted to the COVID-19 Pandemic

The coronavirus pandemic has brought with it a lot of uncertainty, and the real estate industry isn’t immune.


Memorial City Gets a Mixed-Use Makeover

As Houston continues to expand and evolve, the popular “city within a city” located just off I-10 on the west side of town is seeing a rise in mixed-use real estate development.


Industrial Real Estate Demand Skyrockets in Houston

Demand for industrial real estate in Houston is high, and it continues to rise as we move further into the new year.


The Current State of Coworking Spaces

It’s no secret in the world of real estate that coworking spaces have rapidly grown in popularity in recent years, thanks to a younger generation entering the workforce and pushing for more work-life balance flexibility.


Houston’s Sublease Hangover May Soon Be Cured

Since the oil downturn of 2015-2016, downtown Houston has been plagued by what can only be described as a sublease glut. Sublease space in the Houston area has stood above 9M SF for nearly four years, seemingly with no immediate end in sight. But Houston’s sublease hangover may soon be cured, according to a panel discussion at Bisnow’s recent Future of Downtown event on September 27.


The Future of Downtown Houston Brightens with New Developments

As oil prices steady, Houston’s real estate market is making a rapid comeback throughout the greater Bayou City area. This especially rings true in downtown Houston, where new construction, infrastructure improvement and increased tenant interest are revitalizing the city and rebranding its center as “the place to be.” Downtown Houston is slowly being redefined, as the old is cleared to make way for the new and public perception of the area is altered.


Ground Breaks on Houston’s New Innovation District

The historic four-story Sears building on the corner of Main and Wheeler has long awaited its renovation, after plans were announced in April 2018 for a new “innovation district” in Midtown encompassing 9.4 acres anchored by the former retail structure. The project, which rechristens the Sears building “The Ion,” was conceived as a hub designed to bring Houston’s entrepreneurial and technological ecosystem to a centralized space for investors. Ground was broken in late July.


Healthcare Market Booms in Texas Oil Town

Recognized as the energy capital of the world, it’s no surprise that Houston’s real estate focus is typically centered around the current oil and gas economy. However, the healthcare industry here has grown dramatically over the past 30 years, and now accounts for a significant portion of the overall Houston real estate market. The Texas Medical Center (TMC) – the world’s largest concentration of healthcare and research institutions – continues to expand, along with hospitals and medical office buildings being constructed in suburban areas outside of the city’s inner loop and far into the growing markets of Sugar Land, The Woodlands, Katy and Cypress as residents increasingly prefer to seek healthcare closer to home.


Energy Corridor Real Estate Makes First Quarter Gains

As one of Houston’s historically strong office markets with over 26 million square feet of office space, the Energy Corridor on the west side of town boasts big names in energy sector companies and proximity to suburban housing developments. In Q1 of 2019, the area saw several major acquisitions that hint at a trend of upward growth in the area, as well as accelerated investor interest.


Increasing Population and Demand for Speedy Delivery Heats Up Houston’s Industrial Market

2018 saw the start of 16 MSF of industrial construction, nearly a third of that in Q4 2018, which ended with the vacancy rate hovering around 5%, continuing a downward vacancy trend (and an upward absorption trend). And in 2019, the trend holds strong with Houston being a hub for capital investment, a home for several massive new warehouse facilities and an increasingly popular port. The market is hot, space is scarce, and rents are only going to rise. The time has never been better to get warehouse space in Houston.


Is It Time to Go from Renter to Owner? 3 Reasons to Say “Yes!”

Most small business owners lease their office space or commercial property, not realizing the benefits of commercial property ownership.


Houston in 2019: Technology, Coworking and 71,000 Jobs

2018 was a big year for Houston commercial real estate, and 2019 may be its biggest yet. This year Houston became the inaugural partner for Microsoft’s Internet of Things initiative, and one of the first cities in America to be selected for the brand-new, high-speed 5G internet. And Texas Medical Center–the largest medical center in the world–unveiled plans for TMC3, a new $1.5B campus that’s set to break ground in 2019. Becoming the state’s center for technological innovation means growth, jobs and shifts in traditional office space.


Why Now is the Time to Invest in Houston

Commercial real estate investors have yet another reason to look to the Houston market this year. 150 areas in Houston have been designated opportunity zones as part of the federal Tax Cuts and Jobs Act (TCJA) that was signed into law December 2017. Texas Governor Greg Abbott framed the opportunity zones as a boost for communities still recovering from the devastation wreaked by Hurricane Harvey in 2017. But for real estate investors, it’s a prime opportunity for tax breaks.


The Attraction of Debt Funds

As Houston’s commercial real estate market heats up, CRE investment activity is on the rise. 10 years after the 2008 financial crisis, banks remain relatively conservative with their lending practices. Where previously they might loan 75% of a property to an investor, these days they’re lending closer to about 65%. That’s leading to alternative financing methods for CRE investment deals, such as debt funds, which typically leverage up to 75% of a property with one loan.


4 reasons to invest in Houston Commercial Real Estate

Austin and Dallas get a lot of attention, but Houston’s commercial real estate market is not to be missed. It’s home to a strong, diversified economy and office and industrial space for every business.


How Can a Building Engineer Solve Your Office’s Biggest Complaints?

There are three things office building tenants complain about more than anything else. The bad news is: they’re environmental problems that are almost certainly plaguing your office right now. The good news? A building engineer can help your office work more comfortably than ever. Say goodbye to frozen fingers or stuffy workspaces. It’s time for a happy, productive workforce.


Houston Commercial Real Estate Comes Back Strong One Year After Harvey

August 27, 2017 marked one year since Hurricane Harvey moved into Houston, ultimately dropping 9 trillion gallons of water on the Houston metropolitan area (and 19 trillion across Southeast Texas). We expressed confidence then that we would get through it and, despite catastrophic flooding to the city, Houston’s commercial real estate has, indeed, proven resilient.


What to Look for in a Good Commercial Property Manager

As a commercial real estate leader in Houston, we’ve learned a thing or two about what great property management requires. It takes a special person, one who knows contracts, buildings and can work with anyone. Each building has slightly different requirements, but a successful property manager should have these three essential skill sets:


Forget the Coffee Shop – Wake up to Co-working

Co-working is quickly growing, and the innovative trend stands to significantly impact the landscape of commercial real estate in the coming years. For those unfamiliar with the concept, co-working brings together independent workers into a common, rented workspace as an alternative to the corner coffee shop or home office.


What’s Next for Houston’s Commercial Real Estate Landscape?

Houston’s economy has historically been strongly tied to the state of oil prices, and commercial real estate was certainly affected by the 2014 downturn, yet its overall breadth and increasing diversity have kept the city resilient. The Houston metro area ranks #2 on Site Selection magazine’ list of the top U.S. metropolitan areas for new and expanded corporate facilities. Bob Harvey, president and CEO of the Greater Houston Partnership, noted that Houston’s diversity and skilled talent base, “coupled with a low-cost of doing business, offer global companies vast opportunities for growth and investment.”


From Bayou City to “Smart City”

Houston enters into partnership with Microsoft

On Friday May 4, Mayor Sylvester Turner announced that the city of Houston has entered into an Internet of Things alliance with Microsoft. In addition to providing education to promote technology, the alliance should help elevate the city as a prime location for businesses focused on innovation and technology.


Investors Flock to Houston

City Ranks 4th in Nation for CRE Investors

America’s 4th largest city by population is also the 4th most popular city for commercial real estate investors, according to CBRE’s 2018 Americas Investor Intentions Survey.


Portfolio Agility Keeps Your Business Going Places

A recent CBRE report cited portfolio agility—or the ability to rapidly adapt, scale and reposition assets to support shifting enterprise needs—as being the most important type of reactive adaptation for business success.


Trump Tax Bill & Commercial Real Estate Investing | Pass-Throughs, 1031 Exchanges

In the wake of the tax bill passed on December 22, the commercial real estate industry has come out ahead in terms of benefitting from new changes. The National Association of Realtors (NAR) cited sections dealing with like-kind exchanges, carried interest, cost recovery, qualified private activity bonds and the low-income housing tax credit as “major [victories] for real estate stakeholders.”


Houston Out of the Running for Amazon HQ2 | Austin & Dallas Keep Texas’ Dream Alive

News broke this week that Amazon had released a shortlist of cities under consideration for their highly anticipated HQ2. After an outrageous bidding war which included proposals from 238 North American cities, the tech giant has narrowed the list of potential cities down to 20—and it doesn’t include Houston. While this is a huge let down for the Greater Houston Partnership which lobbied hard for H-Town, many are hopeful that Houston may still get a piece of the pie if Amazon settles in another Texas city.


Projected Commercial Real Estate Trends for 2018

Despite fears of a looming office market bubble and general urban migration, the commercial real estate outlook is bright moving into the new year. Q4 momentum will likely carry over to Q1, with the exception of multifamily and industrial submarkets which may see a slight decline of 5-10%. The National Association of Realtors attributes this potential slow down to “a mismatch between the worldviews of buyers and sellers.”


Rising Oil Prices Increase Demand for Energy Office Space, Correspond with Industrial Boom

As oil prices approach $62.oo/barrel, experts predict an eventual rebound for Houston’s office markets. This optimism is tempered by a report from JLL, which warns that “a record overhang of sublease space coupled with permanently changed capital expenditures and space requirements means despite the optimism, recovery for energy-related markets is still a long way off.”


Houston Commercial Properties Escape Harvey

Despite more than 50” of rain across the Houston and surrounding areas, the majority of Houston’s commercial business properties seemed to have escaped damage.


After the Storm – Assessing the Impact of Harvey on Houston Commercial Real Estate

A Message from Managing Director Matthew Goldsby

In late August, Hurricane Harvey inflicted unprecedented damage to Houston and southeast Texas, unleashing nearly 25 trillion gallons of water on our state as well as Louisiana. Harvey set a record for rainfall from a single event in the continental U.S.


Belvoir Partners with Combined Arms to Support Veterans

Belvoir Real Estate Group is excited to announce their ongoing support of Combined Arms, a Houston-based veteran services program.

Belvoir’s contributions help Combined Arms build an integrated network for local veterans to increase the impact they have in their communities. With over 300,000 military veterans in the Greater Houston area, all sectors can be positively influenced by their presence, from workforce, to neighborhoods, to culture, to schools.

“We are honored to partner with such a special organization that not only helps veterans, but takes pride in building the Houston community,” commented Matthew Goldsby, Managing Director of Belvoir. “Houston’s business community is quite dynamic, and we recognize that former service men and women are an integral part of this growing market.”

In late 2016, Belvoir helped Combined Arms to lease 16,000 square feet of office space at 2929 McKinney for The CAX Center – “The Veteran Hub of Houston.” The location had its grand opening on January 26th, where Houston’s Mayor SylvesterTurner was present to proclaim it “Combined Arms Day.” In the lease, Combined Arms was represented by Matthew Goldsby and Sam Chang of Belvoir, and the Landlord was represented by Steven O’Connor of Principal Realty Group.



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