Energy industry sparks surge in Houston commercial real estate

As regular readers of TheSquareFoot know, Houston's economic success is tied closely to the growth of the energy industry. In fact, that market's resilience during the recession is one of the primary reasons that Houston has been able to emerge from a national period of economic struggles far better than many other cities.

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Houston Galleria office space market receives boost with BBVA Compass Plaza

Large, sprawling commercial developments like The Galleria often rely on high-end department stores to function as anchor locations and draw consumers to the area. The developers of a new Galleria office space building set on Post Oak Boulevard, in the heart of Uptown Park, are going a slightly different route, opting instead to use high-quality restaurants to attract customers.

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Spaces in Space City: Houston's office space and retail space periphery in good hands with Meyerland

Back about one decade before the turn of the 20th century, Joseph F. Meyer purchased 6,000 acres of land on the southwest outskirts of Houston. At the time, the property cost Meyer about $5 per acre. Sixty years later, his descendants turned that investment into Meyerland Plaza, the third shopping center in the Houston area, following the Palms Center and the Gulfgate Mall.

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From cubicles to coworking: Tracing the development of office spaces

Office spaces have evolved tremendously since the days of whitewashed corporate offices with a cubicle for every employee. When some managers felt they needed to encourage teamwork in the workplace, many tore down cubicle barriers, while a largely employee-led desire to operate on more flexible schedules transformed coffee shops and homes all across the country into remote offices.

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Have a growth plan in place before settling on a Houston office space

Just as an urban-dwelling bachelor living by himself does not need a seven-seat minivan to accommodate his transportation needs (it's hardly a glamorous ride anyway), a recently launched startup with a bare-bones staff is unlikely to need a sprawling Houston office space with room for 40 employees.

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Don't pay full price for a Houston retail space build-out

At 2066 Crist Drive, in Los Altos, California, a nondescript ranch home still stands in a suburban neighborhood not unlike many others across the country. For technology enthusiasts, though, the home is their mecca - it is where Steve Jobs and Steve Wozniak toiled for countless hours, eventually pioneering the first Apple computer.

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Spaces in Space City Houston: Montrose and the Museum District's cultural appeal an opportunity for local retailers

As one of Houston's major cultural hubs, the Houston Museum District and its many neighborhoods - including Montrose - is a sought-after destination for residents interested in artistic pursuits and intriguing cultural attractions. And while the district boasts attractive Houston executive suites and office spaces, its biggest appeal may be to Houston retailers that want to situate their business in one of the city's most trafficked corners.

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As Houston retailers consider space lease options, some communities improving pedestrian access

When choosing a Houston retail space for lease, a company first needs to answer one question about itself - is it a destination location or will it require a high volume of foot traffic (and random walk-ins) to succeed? According to Yahoo contributor S.H. Wallick, the answer to this question will determine whether a business needs to position itself in a high visibility area.

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Houston executive suites address some leasing-related problems

The costs of starting a new business fall into two primary categories - one-time launch-related commitments (office equipment, consulting services) and ongoing expenses (office space lease payments, salaries, insurance). With cash flow a constant concern for Houston businesses, one strategy for boosting their financial capital is shifting up-front launch expenses to monthly costs, which is why some businesses may opt to lease office equipment or enter a short term lease with one of the many Houston executive suites.

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