Commercial Real Estate Industry News

29900 Aldine Westfield Road, Spring Texas 77386.

New Lease Announcement

Dan Vertrees with Foldetta Commercial announces a new lease with Dr. Scott Andersen of Woodlands Pediatric Dentistry, PC at the Legends Professional Plaza located off Rayford Road at 29900 Aldine Westfield Road, Spring Texas 77386. The 7,864 SF Building is currently under construction with completion scheduled for early 2018.  The balance of the Medical Professional […]

New Listing – Building for Sale

Terrie Smith has a new listing. Building for sale, approximately 5,000 SF of office/retail with Rayford Road frontage and an additional 2,610 SF building in the rear of the property.

FASB

New FASB Lease Accounting for Commercial Real Estate Leases

Are you aware that the Financial Accounting Standards Board (FASB) has issued a new accounting standard for operating leases?  Under the new lease accounting standard (ASC 842), companies will need to include the majority of their operating leases (i.e. office & IT leases) on their balance sheets from January 1, 2019 onward.  For privately held […]

Houston, TX

The Top 10 Markets for Investment Sales

  The top 10 markets with the highest first half of the year sales volume include the following: Investment sales in the U.S. continue to lag the pace set last year. Even with an uptick in pricing, the $109.2 billion in sales that occurred in the second quarter represent a 5 percent year-over-year decline. Total […]

Howard Hughes Corp. unveils next phase of Cypress master-planned community

This post was originally published on this site Originally published on July 24, 2017 Thousands of homes and a new amenity center with a lazy river are planned for the next phase of a massive master-planned community northwest of Houston. The Howard Hughes Corp. (NYSE: HHC) and its wholly owned subsidiary The Woodlands Development Co. […]

Houston Worst; Dallas First in National Rankings of Office Space Absorption

This post was originally published on this site Originally published on July 17, 2017   HOUSTON and DALLAS – Houston has worst office absorption in the nation while Dallas has the best, according to a midyear report by Cushman & Wakefield. Houston had 1,565,381 million SF of negative net absorption in the first half of […]

One Northgate – Full Floor

Ross Foldetta represented One Northgate at 28420 Hardy Toll Road near I-45 in a lease with Total Airport Services for 3,237 SF. This 60,000 SF campus based office property offers a value opportunity with unmatched access to Hardy Toll Road, I-45 and the Grand Parkway with neighboring hotels and Class A apartment communities. The Tenant […]

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By submitting this form, you are consenting to receive marketing emails from: Foldetta Commercial, 1544 Sawdust Road, The Woodlands, TX, 77380, http://www.foldetta.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact