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Tilman Fertitta warns of real estate bust
News 1 day ago
Tilman Fertitta warns of real estate bust

Landry's CEO and Houston Rockets owner Tilman Fertitta warned of a collapse in the commercial real estate industry as countless businesses are...

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Texas businesses can make money in COVID world
News 2 days ago
Texas businesses can make money in COVID world

Patty Mills of the San Antonio Spurs greets Mark Sobhani, owner of Mildfire Coffee, as part of his #GiveMamaCoffee campaign to raise funds for...

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NAI Investment Fund makes 16-building acquisition in Stafford
News 5 days ago
NAI Investment Fund makes 16-building acquisition in Stafford

Archway Properties is finishing up a renovation and repositioning of a recently purchased building at 300 Bammel Westfield Road. The 29,250-square...

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Retailers reopening more stores, tourism expanding
News 6 days ago
Retailers reopening more stores, tourism expanding

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to...

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Pandemic could push Macy's to losses exceeding $1 billion
News 6 days ago
Pandemic could push Macy's to losses exceeding $1 billion

NEW YORK (AP) - Macy's warned Thursday that it could lose more than a $1 billion and see sales fall at least 45% during its first fiscal quarter...

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Commercial real estate in Houston seen struggling for months to come
News 6 days ago
Commercial real estate in Houston seen struggling for months to come

Houston's already high commercial real estate vacancy levels will rise in the coming months as the market absorbs the impact of the COVID-19...

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How to pay rent when you can’t afford it
News 1 week ago
How to pay rent when you can’t afford it

After Megan Pearson's job as a restaurant server was put on hold because of COVID-19 -related stay-at-home orders, the single mom had to figure out...

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Target's online campaign readied it for virus
News 1 week ago
Target's online campaign readied it for virus

NEW YORK (AP) - Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the...

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As Walmart becomes a lifeline, online sales surged 74%
News 1 week ago
As Walmart becomes a lifeline, online sales surged 74%

NEW YORK (AP) - Walmart became a lifeline to millions of people as the coronavirus spread and its surging profit and sales during the fiscal first...

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Still feeling the effects of the shutdown, Heights Cigar Lounge is open again
News 1 week ago
Still feeling the effects of the shutdown, Heights Cigar Lounge is open again

The way Heights Cigar Lounge owner Paul Carroll sees it, he and his three employees were already walking the fine line between keeping his steady...

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Dire prospects for Houston's commercial real estate market as pressures mount
News 1 week ago
Dire prospects for Houston's commercial real estate market as pressures mount

A sales brochure for downtown's 609 Main touts the property's posh amenities: a stylish cafe where baristas pour third-wave coffee, a state-of-the...

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Retail sales took record plunge amid coronavirus closures
News 1 week ago
Retail sales took record plunge amid coronavirus closures

The novel coronavirus dealt American retailers a blow like none before, driving an unprecedented plunge in sales across nearly every segment of the...

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Pandemic claims yet another retailer
News 1 week ago
Pandemic claims yet another retailer

NEW YORK (AP) - The coronavirus pandemic has pushed the storied but troubled department store chain J. C. Penney into Chapter 11 bankruptcy. It is...

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US retail sales plunged a record 16% in April as virus hit
News 1 week ago
US retail sales plunged a record 16% in April as virus hit

BALTIMORE (AP) - U. S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers...

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New York business starts creaking to life
News 1 week ago
New York business starts creaking to life

People are flying again. Here's what to expect at airports. ALBANY, N. Y. (AP) - Shuttered sectors of New York's economy began inching back to life...

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Upscale optical store opens in CityPlace development
News 2 weeks ago
Upscale optical store opens in CityPlace development

People are flying again. Here's what to expect at airports. Focus Optical opened as the first of several retail tenants along the plaza in...

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Nordstrom, Burlington, Gap set to reopen stores
News 2 weeks ago
Nordstrom, Burlington, Gap set to reopen stores

People are flying again. Here's what to expect at airports. More Houston-area retailers are slated to open their doors over the coming weeks,...

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Montrose shopping development fills with tenants
News 2 weeks ago
Montrose shopping development fills with tenants

Clique Bistro, a new French restaurant from Chris Paul, owner of Cafe Rabelais in Rice Village, signed on to anchor a new shopping center at 120...

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Whitmeyer’s Distilling Co. takes space in downtown Tomball
News 2 weeks ago
Whitmeyer’s Distilling Co. takes space in downtown Tomball

The Tomball Economic Development Corp. signed Whitmeyer's Distilling Co. as a tenant in its newly purchased South Live Oak Industrial Park in...

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Camden Property Trust posts higher earnings, CEO cuts bonus
News 2 weeks ago
Camden Property Trust posts higher earnings, CEO cuts bonus

Houston-based Camden Property Trust said new rental rates in April were down 2.5 percent compared with a year earlier and the number of new leases...

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PUC offers little help to sites that find electricity deals
News 2 weeks ago
PUC offers little help to sites that find electricity deals

The maddening experience of shopping for electricity has spawned a group of concierge websites that say they find the lowest-price plans and move...

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Galveston County judge urges Abbott to freeze property values due to coronavirus
News 3 weeks ago
Galveston County judge urges Abbott to freeze property values due to coronavirus

Galveston County Judge Mark Henry is calling on the governor to freeze 2020 property appraisals at 2019 levels because of the COVID-19 outbreak....

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Houston has second-most 'newly poor' neighborhoods in nation, analysis shows
News 3 weeks ago
Houston has second-most 'newly poor' neighborhoods in nation, analysis shows

Many of Houston's poor neighborhoods have only become poorer in the last 40 years despite strong, if not record, economic expansions over much of...

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A look at reopenings by state in US
News 3 weeks ago
A look at reopenings by state in US

The reopening of the economy and loosening of coronavirus-prompted restrictions remain uneven and varied throughout the U. S. as governors watch...

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Hard-to-count Arab Americans urged to prioritize census
News 3 weeks ago
Hard-to-count Arab Americans urged to prioritize census

DEARBORN, Mich. (AP) - At a Michigan gas station, the message is obvious - at least to Arabic speakers: Be counted in the 2020 census. "Provide...

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Jobless fret as rent comes due again amid virus outbreak
News 3 weeks ago
Jobless fret as rent comes due again amid virus outbreak

PHOENIX (AP) - Rent and mortgage payments are due again as more than 30 million people around the U. S. have filed for unemployment benefits after...

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Houston's businesses tentatively re-open as stay-at-home order expires
News 3 weeks ago
Houston's businesses tentatively re-open as stay-at-home order expires

Arrows on the floor show customers which way to walk. Sanitizing stations appear on the walls. Signs advise shoppers to wash their hands. On the...

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Captive neighbors seek relief from Amazon construction noise
News 3 weeks ago
Captive neighbors seek relief from Amazon construction noise

ARLINGTON, Va. (AP) - Amazon deliveries may be delayed for some folks because of the coronavirus, but construction of Amazon's new Virginia...

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March construction starts pushed higher by Houston office, apartment projects
News 3 weeks ago
March construction starts pushed higher by Houston office, apartment projects

The value of construction projects started in the Houston area rose by 23 percent year over year in March as several large office, apartment and...

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H-E-B instates purchasing limits on meats in Houston-area stores
News 3 weeks ago
H-E-B instates purchasing limits on meats in Houston-area stores

We aren't free to stock up on everything just yet. H-E-B has reinstated purchasing limits on some meats in Houston-area stores. Here are the limits...

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