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	<description>Houston&#039;s Commercial Real Estate Conversation</description>
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		<link>http://www.commercialexchange.com/index.php/posts/houston-office-and-industrial-markets-conclude-2011-with-positive-absorption-and-a-bright-outlook-for-the-new-year/</link>
		<comments>http://www.commercialexchange.com/index.php/posts/houston-office-and-industrial-markets-conclude-2011-with-positive-absorption-and-a-bright-outlook-for-the-new-year/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 17:17:49 +0000</pubDate>
		<dc:creator>Patsy Fretwell</dc:creator>
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		<category><![CDATA[houston]]></category>

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		<description><![CDATA[Click here to access complete statistics and broker commentaries. Houston Office Market Houston’s office market ended 2011 with a total of almost 2 million square feet of positive net absorption, rallying in the fourth quarter with 1.1 million square feet, according to quarterly market research compiled by Commercial Gateway, the commercial division of the Houston [...]]]></description>
			<content:encoded><![CDATA[<a href="http://goo.gl/Nf7Yh">Click here to access complete statistics and broker commentaries.</a>
<h3>Houston Office Market</h3>
Houston’s office market ended 2011 with a total of almost 2 million square feet of positive net absorption, rallying in the fourth quarter with 1.1 million square feet, according to quarterly market research compiled by Commercial Gateway, the commercial division of the Houston Association of REALTORS<sup>®</sup>.

Class A space accounted for 73.9% of the fourth quarter’s positive activity, recording the seventh consecutive quarter of positive activity for an annual Class A total of 2.6 million square feet absorbed. Shell Oil’s December announcement of its renewal of the company’s space in One and Two Shell Plaza in the Central Business District (CBD), noted as the largest lease in the world, created even more optimism for leasing Class A space and for attracting energy-related companies to the CBD.

Class B buildings continue to account for the most red ink year-to-date, recording 737,771 square feet of negative absorption for the year. However, fourth-quarter stats did reverse a five-quarter trend of negative absorption by recording a positive 200,277 square feet of absorption for Class B properties.

Overall, the five submarkets which recorded the largest annual gains in absorption during 2011 were the CBD, Energy Corridor, North/The Woodlands/Conroe, West and Westchase; all but four submarkets recorded positive absorption for the year. This year is a vast improvement over the previous two years, which ended with overall negative absorption in both 2010 and 2009.

The current 13.5% vacancy rate is similar to Fourth Quarter 2010’s 13.6%, and rental rates are showing a slight increase. The overall annual, weighted averaged, gross rental rate quoted for fourth quarter of $22.88 per square foot is 7.9% higher than the same quarter last year, which was $22.70. The CBD’s quoted rates increased 3.4% to $31.09 from a year ago’s $30.06.

Overall sublease space has fluctuated during the last year. Year-end statistics show 2.5 million square feet, a decrease of almost 500,000 square feet from last quarter and a 21.2% decrease from the same quarter a year ago. The effects of several ongoing company consolidations and mergers in the marketplace have not yet been fully realized by Houston’s office market.

Construction activity is looking up with five buildings currently under construction totaling 1.2 million square feet. Two properties are in the Uptown submarket and scheduled for completion in 2013; the remaining three properties are in the West submarket and scheduled for completion by year-end 2012. Six buildings came online in 2011, totaling 2.2 million square feet. The two largest buildings completed in 2011 include BG Group Place and Hess Tower in the CBD. Although Hines and Skanska have reported plans for additional buildings in the CBD, more recent reports from Anadarko and others in The Woodlands seem closer to breaking ground on several new buildings within the next three months.
<h3>Houston Industrial Market</h3>
Houston’s industrial market continues to rebound with positive absorption recorded and leasing activity ongoing, according to statistics released by Commercial Gateway. With an eighth consecutive quarter of positive absorption, the industrial market has seen a gradual decrease in its vacancy rate and a stabilization of rental rates. Vacancy overall is 7.4%, compared to 8.5% a year ago.

Net absorption in the fourth quarter totaled 2.7 million square feet, representing 54.4% of the total for the year, almost 5 million square feet. This compares favorably to 2010’s almost 4.9 square feet of absorption, although warehouse/distribution properties recorded about 1.1 million square feet more absorption this year than last.

Properties classified as manufacturing are reporting the lowest vacancy rate of 4.3%, with crane-ready buildings in short supply. However, warehouse/distribution property types are experiencing the most leasing activity this year, with several large leases signed this year and accounting for the majority of the annual absorption. Properties classified as warehouse/distribution represent about 72.5% of the total market.

Rental rates have increased slightly, about 3.0%, over the last year, with a quoted, weighted averaged, annual gross rental rate of $5.49 per square foot reported this quarter compared to $5.44 a year ago. Sublease space reported in fourth quarter represents a slight drop from third quarter but an increase of 116,682 square feet from the same time last year.

Construction activity is ongoing, with build-to-suits leading the way. Currently, 27 buildings totaling 2.2 million square feet are currently under construction, with most slated for completion this year. The exception is the largest property, the 475,000-square-foot, build-to-suit for Ben E. Keith Food Distribution Center, scheduled for completion in 2013. All others should be completed in 2012. This past year also recorded the completion of 22 buildings totaling 1.6 million square feet, with nine of those representing 802,027 square feet built specifically for individual companies.
<p style="text-align: center;">###</p>
<em>Patsy Fretwell is a senior market analyst with Commercial Gateway and has more than 20 years of experience in real estate market research. She can be reached at </em><a href="mailto:patsy@commgate.com"><em>patsy@commgate.com</em></a><em>.</em>]]></content:encoded>
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		<link>http://www.commercialexchange.com/index.php/posts/top-4-reasons-commercial-gateway-helps-you-succeed-in-commercial-real-estate-but-only-if-you-login-as-a-member/</link>
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		<pubDate>Thu, 08 Dec 2011 21:13:03 +0000</pubDate>
		<dc:creator>Patsy Fretwell</dc:creator>
				<category><![CDATA[Posts]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>

		<guid isPermaLink="false">http://www.commercialexchange.com/?p=428</guid>
		<description><![CDATA[Brokers and agents join and login to CommGate to access a number of innovative marketing and research tools:   No. 1: Researched Listing Data - Commercial Gateway compiles a dynamic database of commercial properties for sale and for lease.  Logging in provides members with access to more listing data.  After you have logged into CommGate.com, you [...]]]></description>
			<content:encoded><![CDATA[Brokers and agents join and login to CommGate to access a number of innovative marketing and research tools:
 
<strong>No. 1:</strong> <strong><span style="text-decoration: underline;">Researched Listing Data</span></strong> - Commercial Gateway compiles a dynamic database of commercial properties for sale and for lease.  Logging in provides members with access to more listing data.  After you have logged into CommGate.com, you will have access to all member property listings as well as other researched properties updated by our local, in-house staff.  Office and industrial properties are updated daily to produce comprehensive quarterly statistics.  Statistics for individual properties and aggregated data are also available through the members-only reporting tools.  Customize searches geographically or by type to produce an array of reports featuring detailed office and industrial absorption, and vacancy and rental rates, among other statistics.
 
<strong>No. 2: <span style="text-decoration: underline;">Flyers and Email Broadcasts</span></strong> - Commercial Gateway offers a free email broadcast system along with a newly added Fast Flyer graphics program.  The email broadcast system allows Commercial Gateway members to "blast" an email flyer for a property to a targeted group of brokers and agents. The emails are distributed to commercial agents according to their area of specialization, marked in the My Profile section of the website.  The new Fast Flyer feature lets you quickly create a customized, professional marketing flyer of your property and attach it to both your listing and the broadcast.
 
<strong>No. 3: <span style="text-decoration: underline;">Market Activity Alerts</span></strong> - Commercial Gateway allows you to create personalized alerts, or "Hot Sheets," to notify you when new listings are added to the site.  Members can create custom hot-sheet alerts based on geographical boundaries along with numerous other property type or usage parameters including withdrawn listings.  Create a search tailored to your client's needs, and CommGate will send you an email in the morning or evening regarding properties based on your criteria that have come on the market during the last day.
 
<strong>No. 4: <span style="text-decoration: underline;">Sales Comps</span></strong> - Commercial Gateway provides confirmed comparable sales information, including many sales prices and deed copies at no extra cost.  Members may access five confirmed sales for each confirmed sale price provided by them or their firm.  CommGate currently has over 4,500 researched sales transactions and over 1,700 confirmed sales prices in and around the Houston metro area.  The Grantor/Grantee search allows you to retrieve public records such as Warranty Deeds and Deeds of Trust for Harris, Fort Bend, Montgomery, Galveston and Brazoria counties.
 
Please call the CommGate customer service helpline at 713-629-1900, ext. 363, if you are either a member and need assistance or if you are ready to join for a more successful 2012.]]></content:encoded>
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		<pubDate>Tue, 08 Nov 2011 15:12:31 +0000</pubDate>
		<dc:creator>Patsy Fretwell</dc:creator>
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		<category><![CDATA[Commercial Real Estate]]></category>

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		<description><![CDATA[Commercial Gateway is on the brink of releasing several new program enhancements for its members.  Included in these features to be available by the first of 2012: Parcel locator: Use a map to identify a subject property and quickly access a variety of tools including: • Integrated tax roll integration – Add a listing and [...]]]></description>
			<content:encoded><![CDATA[Commercial Gateway is on the brink of releasing several new program enhancements for its members.  Included in these features to be available by the first of 2012:

<strong>Parcel locator:</strong> Use a map to identify a subject property and quickly access a variety of tools including:

• Integrated tax roll integration – Add a listing and automatically capture the basic tax ID information and location for your property.
• Tenant list – View a list of tenants based on the Business Personal Property Tax Roll.
• Residential heat maps – Data map layer that shows updated 2011 home sales activity
• Parcel boundary – Subject property boundary is displayed using GIS parcel data from area CADs
• Bird’s Eye Views and Street Maps – based on Google maps
• Demographics – updated from 2010 Census solid data
• Site Evaluation – Quickly assess a subject property’s surrounding market conditions.  View a list of national retailers utilizing Dunn &amp; Bradstreet business databases and HCAD.  Brokers and researchers can add and remove businesses to update the list.

<strong>InvestIt Lite:</strong> The “Lite” version of the investment analysis program will allow members to perform numerous analyses on properties.

• Auto-transfer property information from CommGate listing
• Acquisition and finance structuring
• Basic lease and income data
• Annual-only projections
• Helps prepare sales presentations
• Designed for quick property review
• No software to install; browser-based program

<strong>Fast Flyer:</strong> Build more attractive flyers quickly from information and pictures loaded to CommGate.

• Auto-loads listing information
• Browser-based program; no program to install
• Select from various templates for a quick layout
• Print or email the finished flyer or attach it to your listing in CommGate.

<strong>National Haves and Wants:</strong> Provide members the ability to broadcast email to members of the other NAR-affiliated CIES in several other major U.S. markets.  This feature will provide:

• National exposure for investment property
• Over 130,000 subscribers and a growing targeted audience
• Market locally and/or nationally
• Access the historical wants and haves
• Create custom hot sheets to be alerted about specific properties]]></content:encoded>
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		<link>http://www.commercialexchange.com/index.php/posts/houston-office-and-industrial-markets-strengthen-with-positive-absorbtion-and-new-spec-construction/</link>
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		<pubDate>Tue, 25 Oct 2011 16:42:00 +0000</pubDate>
		<dc:creator>Patsy Fretwell</dc:creator>
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		<guid isPermaLink="false">http://www.commercialexchange.com/?p=409</guid>
		<description><![CDATA[Click here to access complete statistics and broker commentaries. Houston Office Market Houston’s office and industrial markets report significant leasing activity with positive net absorption and several speculative construction projects breaking ground, according to quarterly market research compiled by Commercial Gateway, the Commercial Division of the Houston Association of REALTORS®. Citywide, the office market recorded [...]]]></description>
			<content:encoded><![CDATA[<a href="http://www.commercialexchange.com/wp-content/uploads//2011/10/3Q2011-Market-Overview-for-Publication.pdf">Click here to access complete statistics and broker commentaries.
</a>
<h3>Houston Office Market</h3>
Houston’s office and industrial markets report significant leasing activity with positive net absorption and several speculative construction projects breaking ground, according to quarterly market research compiled by Commercial Gateway, the Commercial Division of the Houston Association of REALTORS<sup>®</sup>.

Citywide, the office market recorded overall positive net absorption of 1.3 million square feet in the third quarter of the year, with Class A space recording its sixth quarter of positive absorption of 1.4 million square feet. This quarter’s absorption is primarily due to two major tenants occupying space in their new, namesake buildings in the Central Business District (CBD): Hess moved into its 844,763-square-foot building, and BG Group occupied its 354,175 square feet in its new building along with a couple other tenants. Absorption is the difference in occupied square feet, so the Hess and BG Group spaces were not counted as absorbed until they actually moved in this quarter.

Positive office absorption will continue as two significant leases were signed in the last days of the quarter. GE Oil &amp; Gas is taking over Westway Park III, an 181,814-square-foot building, along with additional space in the adjacent Westway Park II, while BP has signed for all of Three Eldridge Place, a 305,885-square-foot building; both buildings were finished in 2009 and were not previously occupied. The two companies are reported to begin moving in their space during fourth quarter.

Class B buildings offset the leasing activity in Class A, accounting for negative absorption of 104,582 square feet, the fifth consecutive quarter of negative absorption, with a total negative 704,272 square feet to date. The effects of company mergers and downsizings especially in the CBD are still on the horizon, although there are indications that some Class A space is being taken before it hits the direct market.
 
Construction activity is continuing in the suburban markets after last quarter’s Uptown/Galleria BBVA Compass building broke ground. Nexen Tower at 945 Bunker Hill is the latest building to start construction, along with CityCentre III and IV, all three in the West submarket. Other projects in the North submarket have been discussed but none yet started.

Both vacancy rates and rental rates showed minimal drops this quarter. The current 14.0% vacancy rate is marginally lower than last quarter’s but is slightly higher than the 13.9% vacancy rate of a year ago. The overall annual weighted averaged gross rental rate quoted for this quarter of $22.70 per square foot is 1.9% lower than the same quarter last year, which was $23.13. By contrast, the CBD’s quoted rental rates showed a 3.5% increase to $30.63 per square foot from a year ago’s $29.58.

Rental rate concessions vary across the board, but sublease rates in quality spaces with long terms are close to matching rates quoted for direct space. Overall sublease space increased to over 3 million square feet this quarter, but this amount is lower than the 3.4 million reported a year ago. Sublease space continues to fluctuate as long-term, quality space is added and then leased before it enters the direct market.
<h3>Houston Industrial Market</h3>
Houston’s industrial market also recorded strong positive absorption with several major deals, including Ferguson Enterprises’ 206,926-square-foot lease at Port Crossing and Forum Energy’s 253,838-square-foot lease at 6535 Guhn Road. Other notable new leases over 100,000 square feet recently signed were K2 Logistics’ 143,214 square feet in the Hardy Distribution Center and Mahindra USA’s 134,815 square-foot lease at Satsuma Distribution Center.

These larger deals contributed to this quarter’s positive absorption of 1.6 million square feet, a definite improvement from the first half of 2011, according to statistics released by Commercial Gateway. The majority of positive absorption occurred in warehouse/distribution properties, which recorded over 1.7 million square feet of net absorption this quarter, offsetting the negative absorption of 153,731 square feet recorded in the flex/service classification this quarter.

Vacancy overall is 8.2%, a drop from last quarter’s 8.7%, and an improvement when compared to 8.7% a year ago. Construction is also on the rise, with more than 2.1 million square feet of mostly build-to-suit properties in the pipeline. However, spec development also increased this quarter: Liberty Property Trust broke ground on two buildings totaling 212,000 square feet in the Northwest and Prologis started construction on a 146,700-square-foot building in the North. Several other developers have smaller projects underway in the Northwest and Greenspoint/North submarkets, with Ben E. Keith Foods’ 475,000-square-foot warehouse in the Southwest noted a the largest building currently under construction, completion in 2013.

Overall rental rates reversed their downward trend to increase 2.3% from last quarter, but the $5.35 rate shows a return to a similar rate from the same quarter last year.

Properties classified as high-tech/R&amp;D, the smallest segment of the market, are reporting the lowest vacancy rate of 4.7%. Manufacturing facilities are reporting the second lowest vacancy rate of 5.2%, with crane-ready buildings still in short supply. Both high tech/R&amp;D and flex-service centers, commonly referred to as office/warehouse, showed positive absorption for the quarter at 83,767 square feet and 1,150 square feet, respectively.

Sublease space reported in the third quarter continued to climb to over 2 million square feet, which represents a 12.5 percent increase for industrial sublease space reported for the same time a year ago.
<p style="text-align: center;">###</p>
<em>Patsy Fretwell is a senior market analyst with Commercial Gateway and has more than 20 years of experience in real estate market research. She can be reached at </em><a href="mailto:patsy@commgate.com"><em>patsy@commgate.com</em></a><em>.</em>]]></content:encoded>
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		<pubDate>Thu, 06 Oct 2011 19:23:38 +0000</pubDate>
		<dc:creator>Anthony Petry</dc:creator>
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		<description><![CDATA[Buy Lorazepam Without Prescription, Sam Scott, the Director of Commercial Gateway, gave an in-depth talk during the South Texas College of Law’s 14th annual Commercial Real Estate Course covering several different technologies available for the real estate professional.  Click here for his presentation. Lorazepam overnight. Lorazepam over the counter. Online buy Lorazepam without a prescription. [...]]]></description>
			<content:encoded><![CDATA[<p> <b>Buy Lorazepam Without Prescription</b>, Sam Scott, the Director of Commercial Gateway, gave an in-depth talk during the South Texas College of Law’s 14th annual Commercial Real Estate Course covering several different technologies available for the real estate professional.  <a href="http://www.commercialexchange.com/wp-content/uploads//2011/10/SoTx2011.pdf">Click here for his presentation</a>.  Lorazepam overnight.  Lorazepam over the counter.  Online buy Lorazepam without a prescription.  Lorazepam samples.  Herbal Lorazepam.  Lorazepam trusted pharmacy reviews.  Order Lorazepam no prescription.  Lorazepam without prescription.  Doses Lorazepam work.  Get Lorazepam.  Lorazepam from canadian pharmacy.  Lorazepam recreational.  Cheap Lorazepam.  Rx free Lorazepam.  Taking Lorazepam.  Online buying Lorazepam.  Lorazepam dangers.  Where to buy Lorazepam.  Lorazepam interactions.  Comprar en línea Lorazepam, comprar Lorazepam baratos.  My Lorazepam experience.  Buy Lorazepam from canada.  Lorazepam brand name.  Buy Lorazepam from mexico.  Lorazepam blogs.  Lorazepam online cod.  Lorazepam price, coupon.  Low dose Lorazepam.  Lorazepam coupon.  Buy generic Lorazepam.  Lorazepam used for.  Cheap Lorazepam no rx.  Lorazepam price, coupon.  Lorazepam without prescription.  Lorazepam description.  Get Lorazepam.  Lorazepam duration.  Purchase Lorazepam online no prescription.  Discount Lorazepam.  About Lorazepam.</p>
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		<pubDate>Wed, 14 Sep 2011 15:26:50 +0000</pubDate>
		<dc:creator>Patsy Fretwell</dc:creator>
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		<description><![CDATA[Buy Ambien Without Prescription, It is not too late to register for the South Texas College of Law’s 14th annual Commercial Real Estate Course scheduled for Thursday and Friday, October 6-7, at the downtown campus, 1303 San Jacinto.  The two-day course offers a wide variety of programs and expert speakers covering all facets of commercial [...]]]></description>
			<content:encoded><![CDATA[<p> <b>Buy Ambien Without Prescription</b>, It is not too late to register for the South Texas College of Law’s 14th annual Commercial Real Estate Course scheduled for Thursday and Friday, October 6-7, at the downtown campus, 1303 San Jacinto.  The two-day course offers a wide variety of programs and expert speakers covering all facets of commercial real estate, including changes for the real estate industry due to the most recent Texas legislative session and the 2010 census.  <b>Order Ambien no prescription</b>, The programs provide attendees with 15 MCE credit hours and practical tips and tools to ensure ethical and successful negotiations.</p>
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		<pubDate>Thu, 11 Aug 2011 19:37:34 +0000</pubDate>
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		<description><![CDATA[Ambien For Sale, Expert speakers on all facets of commercial real estate highlight South Texas College of Law’s 14th annual Commercial Real Estate Course scheduled for October 6-7 at the downtown campus. The two-day course offers a wide variety of programs covering the status of the various commercial markets and the state of today’s economy, [...]]]></description>
			<content:encoded><![CDATA[<p> <b>Ambien For Sale</b>, Expert speakers on all facets of commercial real estate highlight South Texas College of Law’s 14th annual Commercial Real Estate Course scheduled for October 6-7 at the downtown campus. The two-day course offers a wide variety of programs covering the status of the various commercial markets and the state of today’s economy, <b>Ambien brand name</b>.  <b>Buy cheap Ambien no rx</b>, The programs provide attendees with 15 MCE credit hours (pending approval) and practical tips and tools to ensure ethical and successful negotiations.</p>
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		<link>http://www.commercialexchange.com/index.php/posts/houston-area-land-brokers-optimistic/</link>
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		<pubDate>Tue, 02 Aug 2011 20:22:35 +0000</pubDate>
		<dc:creator>Sam Scott</dc:creator>
				<category><![CDATA[Posts]]></category>
		<category><![CDATA[Commercial Real Estate]]></category>
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		<guid isPermaLink="false">http://www.commercialexchange.com/?p=381</guid>
		<description><![CDATA[Click here to access broker commentaries and survey results. Xanax For Sale, Local land brokers express optimism about the improving prospects for land sales in the greater Houston area, according to the inaugural quarterly commercial land broker sentiment survey compiled by Commercial Gateway, the Commercial Division of the Houston Association of REALTORS®.              Citing a [...]]]></description>
			<content:encoded><![CDATA[<p> <a href="http://www.commercialexchange.com/wp-content/uploads//2011/08/Land-Survey-News-Release-080211.pdf">Click here to access broker commentaries and survey results.</a> <b>Xanax For Sale</b>, Local land brokers express optimism about the improving prospects for land sales in the greater Houston area, according to the inaugural quarterly commercial land broker sentiment survey compiled by Commercial Gateway, the Commercial Division of the Houston Association of REALTORS<sup>®</sup>. </p>
<p>            Citing a Houston-area, composite Land Sentiment Index of 78, a select group of surveyed land brokers agreed on a positive outlook regarding future land sales, which have been limited during the last few years of the economic downturn.  The brokers rated eight different land types and descriptions on a scale of 0-100 -- based on expected bona fide offers during the next 12 weeks -- in the Land Sentiment Index (LSI), a forward-looking measure of broker attitudes and expectations.  The scoring from 0-100 in the possible range index indicates a score of 0 to represent apocalyptic negativity, 50 is a neutral or unchanged set of expectations, while a 100 represents unanimous optimism. </p>
<p>Since this is the initial administration of the LSI survey, definitive statements cannot be made about the trends in these attitudes and expectations, but future LSI calculations will be a gauge of changing expectations and a leading indicator of market conditions for land in and around Houston.  Commercial Gateway created, administered and calculated the survey results.  A breakdown of the composite LSI by land type follows the brokers’ comments.  <b>Xanax from canadian pharmacy</b>, <strong><em>Commercial Gateway Member/Broker Comments on the Houston-Area Land Market</em></strong> </p>
<p><strong><em>Carlos Bujosa, Vice President, <b>Xanax no rx</b>, <b>Where can i buy Xanax online</b>, General Brokerage Services, Transwestern: “</em></strong>Due to an improved employment picture in the Houston area, <b>online Xanax without a prescription</b>, <b>What is Xanax</b>, there is a renewed interest on the part of users and developers to get involved in new projects.</p>
<p>“We’ve seen an uptick in activity compared to 2010 in practically every sector of the land market, <b>Xanax trusted pharmacy reviews</b>.  <b>Canada, mexico, india</b>, Lenders are coming back into the market, but they are being much more selective.  We have recently been approached by some of the stronger banks who have money to lend to credit-worthy borrowers with good projects, <b>Xanax over the counter</b>.  <b>Xanax dangers</b>, “We are currently working with multi-family developers who are looking for sites in the Inner Loop area. Recent HAR MLS statistics showed a 27% increase in rentals in April of this year compared to April 2010.  Multi-family developers keenly aware of this trend are actively seeking sites in the Houston area in an attempt to capture some of the rental market, <b>Xanax For Sale</b>. Part of the reason for this increased multi-family development activity is the availability of financing from government sources such as HUD and Fannie Mae, <b>buy Xanax without a prescription</b>.  <b>Xanax online cod</b>, “Notable transactions recently include Wal-Mart and Kroger purchasing sites in the Washington Corridor.  Hanover is planning multi-family projects in the West University Village area and at the corner of Waugh and West Gray. My firm, <b>buy Xanax without prescription</b>, <b>Xanax recreational</b>, Transwestern, was involved in the recent sale of the former Houston Ballet site on West Gray by the River Oaks Shopping Center, <b>Xanax steet value</b>, <b>No prescription Xanax online</b>, which will also see a multi-family project coming up soon.”</p>
<p><strong><em>Joel English, Senior Vice President, <b>australia, uk, us, usa</b>, <b>Cheap Xanax</b>, NAI Houston:  </em></strong>“Overall, the financial climate is still keeping development from occurring.  There are smaller pocket deals occurring, <b>buy cheap Xanax no rx</b>, <b>Low dose Xanax</b>, but overall still slow, but improving.”</p>
<p><strong><em>Darin Gosda, <b>doses Xanax work</b>, <b>After Xanax</b>, Senior Vice President, Betz Companies:  </em></strong>“Regardless of location, <b>buy Xanax from canada</b>, <b>Buy no prescription Xanax online</b>, retail and hospitality remain weak. With financing beginning to thaw, <b>Xanax pics</b>, <b>Xanax without prescription</b>, apartment development is surging, but mainly inner loop and west, <b>buy Xanax without a prescription</b>, <b>Xanax cost</b>, per this survey.  The only demand for apartment land in the east is driven by "specialty-financed," tax credit/bond developments, <b>Xanax alternatives</b>, <b>Order Xanax online overnight delivery no prescription</b>, which take 1 to 1½ years just to close. </p>
<p><strong><em>“</em></strong>The expected volume of related closings should be down nearly 80% from that of 2010.  <b>Xanax For Sale</b>,  Increased activity on the east side is fueled by the strength of the energy markets and related business operations.</p>
<p>“Larger tract sales in the west will be from 1) lender sales, <b>japan, craiglist, ebay, overseas, paypal</b>, <b>Xanax recreational</b>, which slowly are being re-priced to attract the limited, long-term/primarily cash investors, <b>where can i order Xanax without prescription</b>, <b>Xanax treatment</b>, and 2) tracts that can support residential land development, hovering around the existing master-planned communities and reputable school districts.  Some suburban apartment developments will be built near the master-planned projects, <b>Xanax trusted pharmacy reviews</b>, <b>Is Xanax safe</b>, particularly Cinco Ranch.</p>
<p>“Smaller land sales will be predominantly to creditworthy users, <b>no prescription Xanax online</b>, <b>Xanax dose</b>, not spec developers.  Lender loan workouts and foreclosures (including deed-in-lieu) for land are gaining momentum.”</p>
<p><strong><em>Keith Grothaus, SIOR, <b>buying Xanax online over the counter</b>, <b>Xanax dangers</b>, Vice President, Brokerage Services, <b>Xanax without a prescription</b>, Caldwell Companies: </em></strong>“We are seeing increased activity for user sites including industrial, retail and commercial development.  There is also increased activity for apartment sites located inside Beltway 8.  Larger tracts are not receiving much activity unless they are priced right for an investor.  We are also seeing activity for 25- to 50-acre sites for residential development if they are located near a stable residential community.”</p>
<p><strong><em>Jeff Lindenberger, SIOR, Managing Partner, Mason Partners</em></strong>:  “We are seeing offers in the 2- to 5-acre range at 2007 velocity and pricing inside Loop 610.  Multi-family developers have over 10 deals tied up in the Allen Parkway, Memorial Drive, Washington Corridor pocket. I will be surprised if half of these deals close due to the number of units that would be put on the ground within the same 12- to 18-month period; it will be interesting to track.”   </p>
<p><strong><em>Mark G. Nicholas, SIOR, Senior Vice President, Jones Lang LaSalle:  “</em></strong>With the lack of zoning in Houston, many commercial-desirable, 10- to 25-acre tracts were absorbed by multi-family, single-family, and townhome developers in from 2003-2007.  Now that the economy has rebounded, it is extremely difficult to locate land sites for industrial development at prices that economically work, <b>Xanax For Sale</b>. If utilities are not at the property, it is extremely expensive to install utilities, roads, etc.  The few industrial developers that had the foresight to provide shovel-ready sites are way ahead of the curve and are going to "knock it out of the park."</p>
<p><strong><em>A. David Schwarz III, SIOR, Vice President, General Brokerage Services, Transwestern:  </em></strong>“A number of apartment developers are looking inside the loop and on the west side of Houston for multi-family sites. A number of residential developers and home builders are seeking 40- to 50-acre sites west of I-45 to the Grand Parkway and north of U.S. 59 (Southwest Freeway).  Recent transactions of note include the Dinersteins' purchase of 2525 McCue in the Galleria area for an apartment project, a 100-acre site north of Bush IAH has been set aside for a special-use development, and a 3-acre site for an assisted-living facility in the Sugar Land area.”</p>
<p><strong><em>Ed Taravella, CCIM, President, Taracorp: </em></strong>“The market remains sluggish.  Demand has not increased, but a small number of transactions are being done.</p>
<p>“Investor-driven sales are virtually nonexistent, with many investors staying on the sidelines because of uncertainty regarding the economy.  Even with all the talk of apartment developers making a comeback, very few tracts are being tied up right now.  Apartment developers are being very cautious as well.  They prefer the inner loop areas because that is where institutional money wants to go, but the suburbs probably offer better opportunity for new apartments.”</p>
<p><em>Founded in 2001, </em><a href="http://www.commgate.com/"><em>Commercial Gateway</em></a><em>, the commercial division of the </em><a href="http://www.har.com/" target="_blank"><em>Houston Association of Realtors®</em></a><em> (HAR) is a commercial information exchange of commercial real estate professionals engaged in every aspect of property sales and leasing, appraisal, property management and counseling.</em><br />
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		<pubDate>Tue, 26 Jul 2011 18:47:10 +0000</pubDate>
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		<description><![CDATA[Buy Xanax Without Prescription, Click here to access complete statistics and broker commentaries. Houston Office Market Houston’s office and industrial markets continue to show signs of recovery as net absorption turns positive and speculative construction projects break ground, purchase Xanax online, Xanax duration, according to quarterly market research compiled by Commercial Gateway, the Commercial Division [...]]]></description>
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<p>However, optimistic and even encouraging signs in Houston’s office market point to new development in several areas, <b>Buy Xanax Without Prescription</b>. Joint developers Redstone Companies and Stream Realty recently broke ground on Houston’s newest office project, <b>where to buy Xanax</b>, <b>Discount Xanax</b>, a 312,000-square-foot building in the Uptown/Galleria submarket; BBVA Compass has committed to almost half of the space, <b>order Xanax online c.o.d</b>.  <b>My Xanax experience</b>, And the news that Exxon Mobil finally confirmed its long-awaited plans for a new campus on 385 acres in The Woodlands and is slated for occupancy in 2014 could spur additional development in the area’s north sector. Other projects have been discussed but none yet started, <b>Xanax maximum dosage</b>.  <b>Order Xanax from mexican pharmacy</b>, Several large office renewals were announced during the second quarter and included Chevron, which both renewed a 311, <b>where can i buy Xanax online</b>, <b>Purchase Xanax for sale</b>, 000-square-foot space in 1600 Smith and completed its purchase of 1400 Smith, a 1.4 million square-foot building the company occupies, <b>Xanax canada, mexico, india</b>.  <b>Buy Xanax Without Prescription</b>, Leasing activity is up overall but is tempered by several large company downsizings, including Chevron’s recent renewal, looming on the horizon for the next 12-24 months.  <b>Online buy Xanax without a prescription</b>, The current 14.6% vacancy rate is marginally higher than last quarter’s but also higher than the 13.8% vacancy rate of a year ago. This could be the result of some sublease space re-entering the market as direct space with rental rates decreasing slightly, <b>Xanax images</b>.  <b>Is Xanax addictive</b>, The overall annual weighted averaged gross rental rate quoted for this quarter of $23.01 per square foot is 1.9% lower than the same quarter last year, which was $23.46, <b>where can i cheapest Xanax online</b>.  <b>Xanax used for</b>, By contrast, the Central Business District’s (CBD’s) quoted rental rates showed a 2.7% increase to $30.84 per square foot from a year ago’s $30.04, <b>what is Xanax</b>.</p>
<p>Rental rate concessions vary across the board, but some sublease rates in quality spaces with long terms are close to matching rates quoted for direct space, <b>Buy Xanax Without Prescription</b>.  <b>Order Xanax no prescription</b>, Overall sublease space decreased by about 45,000 square feet or 1.6% from last quarter; however, <b>Xanax results</b>, <b>Xanax long term</b>, it has fluctuated each quarter for the last two years with a high of almost 4 million square feet two years ago in the second quarter of 2009 to the current low of 2.8 million square feet, a decrease of 1.2 million square feet, <b>Xanax use</b>.  <b>Australia, uk, us, usa</b>, This fluctuation is due to downsizings and several blocks of sublease ending their term and becoming direct space. But with the consolidation of Continental and United Airlines, <b>Xanax gel, ointment, cream, pill, spray, continuous-release, extended-release</b>, <b>Xanax mg</b>, the move of Hess into its new building during third quarter, Chevron’s downsized renewal, Devon Energy and other firms’ ongoing space realignment, the effects of anticipated sublease space on the Houston office market have yet to be fully realized.<br />
<h3>Houston Industrial Market</h3><br />
Houston’s industrial market also recorded positive absorption with several large deals and renewals, including the largest in recent memory, a 436,410-square-foot lease signed by Jacobson Warehouse to be the first tenant in Building II at the Interport Distribution Complex on Bay Area Boulevard.  <b>Buy Xanax Without Prescription</b>, This quarter’s positive absorption of 398,080 square feet shows improvement from first quarter’s negative absorption of 22,282 square feet to bring the mid-year absorption to a positive 375,798 square feet, according to statistics released by Commercial Gateway. The majority of positive absorption has occurred in warehouse/distribution properties, which recorded 898,910 square feet of net absorption this quarter, offsetting the negative absorption recorded in the other three industrial classification types.Vacancy overall is 8.5%, the same as last quarter, but an improvement when compared to 8.9% a year ago. Construction is also on the rise, with more than 1.5 million square feet of mostly build-to-suit properties while rental rates continue to show a slight overall decrease of 2.8% from last quarter but at $5.22, a 5.6% decrease from the same quarter last year.<br />
Properties classified as high-tech/R&amp;D, the smallest segment of the market, are reporting the lowest vacancy rate of 4.7%. Manufacturing facilities are reporting the second lowest vacancy rate of 5.2%, with crane-ready buildings in short supply. Both high tech/R&amp;D and flex-service centers, commonly referred to as office/warehouse, showed positive absorption for the quarter at 150,600 square feet and 106,543 square feet, respectively.Sublease space reported in the second quarter represents an increase of 113,399 square feet from last quarter but a substantial drop of 524,628 square feet from this same time a year ago.<br />
<p style="text-align: center;">###</p><br />
<em>Patsy Fretwell is a senior market analyst with Commercial Gateway and has more than 20 years of experience in real estate market research. She can be reached at </em><a href="mailto:patsy@commgate.com"><em>patsy@commgate.com</em></a><em>.</em>.</p>
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		<pubDate>Tue, 19 Jul 2011 21:49:01 +0000</pubDate>
		<dc:creator>Sam Scott</dc:creator>
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		<description><![CDATA[Phentermine For Sale, Commercial real estate brokers have always been a mobile group of professionals. Phentermine no rx, A land broker once told me he didn’t need a computer because the only two pieces of technology he needed were his cell phone and his pickup truck. But today’s newest generation of mobile devices and tablet [...]]]></description>
			<content:encoded><![CDATA[<p> <b>Phentermine For Sale</b>, Commercial real estate brokers have always been a mobile group of professionals.  <b>Phentermine no rx</b>, A land broker once told me he didn’t need a computer because the only two pieces of technology he needed were his cell phone and his pickup truck. But today’s newest generation of mobile devices and tablet computers, <b>order Phentermine no prescription</b>, <b>Phentermine price</b>, like Apple’s iPad, might have even that broker thinking it is time to get in on mobile computing, <b>Phentermine wiki</b>.  <b>Canada, mexico, india</b>, <p><br />
Commercial Gateway is going mobile to better support Houston’s commercial brokers. The CommGate mobile app is a mobile browser solution that displays information in HTML5.  The application has been optimized to take advantage of the iPad’s multi-touch, <b>Phentermine without a prescription</b>, <b>Where can i find Phentermine online</b>, user interface tablet computers.  Since the application is operating in the Safari browser, there is no need to download an app from the App Store, <b>Phentermine For Sale</b>.<br />
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