CORFAC International celebrates 25th anniversary
July 19, 2024
Des Plaines, Illinois-based CORFAC International marks its 35th anniversary this year. Formed as a grassroots networking organization focused on the industrial and office sectors, today CORFAC is the world’s largest network of independent commercial real estate brokers. Over the past five years, CORFAC has shown continued growth in membership and...
No Let Up for Houston’s Industrial Market
August 23, 2022
The old sports adage, “records were made to be broken,” rings true with Houston’s industrial market. Sustained population growth of four million new residents in the past decade to the ‘Texas Triangle’ cites of Houston, DFW, Austin and San Antonio (which collectively has 75% of all Texans), the booming Port...
Globest.com Reports Hines Selling 33-Story Office Tower in Downtown Houston
July 18, 2022
The 20-year-old tower is 65% leased, with rents 45% lower than the new Hines tower next door. Hines and Prime Asset Management are selling a 698K SF, 33-story Class A office tower in Downtown Houston that is 65% leased, with rents almost half the price of a new Hines office...
June 15, 2022
Two of the behemoths in the industrial real estate sector – Prologis, the world’s largest industrial real estate developer and owner, and Amazon, the single-biggest occupier of warehouse, distribution and logistics facilities in the U.S. made big announcements in May. Prologis’ effort to buy rival Duke Realty, based in Indianapolis,...
Houston Ship Channel Launches $1 Billion Expansion Amid Record Shattering Demand
June 7, 2022
So-called Project 11 is the Houston Ship Channel’s solution to increasing capacity at one of the most heavily trafficked ports in the world. In the works since 2010, the $1 Billion port expansion features the Port of Houston teaming up with the Army Corps of Engineers to widen the channel...
Boyd Commercial Facilitates Spirits Importer and Distributor Corporate Footprint Expansion
April 15, 2022
David Munson, SIOR and a Principal with Boyd Commercial, represented Mexcor International in the acquisition of the former HPE and Compaq campus in Houston, located near the intersection of State Highway 249 and Louetta Road and next to Mexcor’s headquarters. Mexcor, a Houston-based importer and distributor of spirits and beverages...
April 15, 2022
Houston's industrial market continues to set records for leasing activity and transaction volumes. This activity is being buoyed by several trends: continuing e-commerce growth in the U.S., rebounding petrochemical activity, record container volumes at the Houston Ship Channel, and nation-leading population and housing supply growth in the Texas Triangle. To...
April 15, 2022
Houston's office market is showing early signs of recovery but continues to face its fair share of challenges from the pandemic. Leasing volume improved during 2021, with volumes up 8% compared to 2020. And total number of leases signed reached a record high last year. Net absorption has been positive...
Former HPE, Compaq campus in Houston sold to local beverage distributor
April 8, 2022
Hewlett Packard Enterprise Co. (NYSE: HPE) has found a buyer for its former Houston campus after moving to its new headquarters [...] Read The Full Article Here
David Boyd Gets Second CORFAC MVP Award
October 7, 2016
HOUSTON—After getting an MVP nod in 2012, David Boyd, a principal with Boyd Commercial/CORFAC International, received the Charlie King MVP Award as CORFAC’s most valuable player again just recently. It is the second time Boyd has won the Charlie King award during his 25 years as a CORFAC member. Read The Full Article Here
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