July 1, 2010
The Greater Houston Partnership released its July Economic Report with the most notable highlight being that Houston added jobs for a fourth consecutive month. The Houston Metropolitan Area added 20,200 jobs in May of which 10,800 of those jobs were from the private sector. Additional highlights from the report: The unemployment rate for Houston in [...]
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June 30, 2010
The truth about leasing commissions One of the discussions many commercial real estate agents don’t like to have with their prospective clients revolves around the subject of fees or commissions. I have often seen brokers in an attempt to secure representatation agreements with tenants, that make the claim that their services are free. This is [...]
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Offshore Drilling and the Houston Office Market
July 23, 2010The Impact of the Offshore Drilling Moratorium The Energy Industry is in a battle with the Obama Administration to resume deepwater drilling in the Gulf of Mexico. In Houston, there is a concern over what impact the drilling ban will have on our economy and among commercial real estate professionals, property owners and tenants, questions [...]