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What's Happening in Commercial Real Estate
2009 came roaring in on the heels of a crazy economic 2008.  Those of us in Montgomery County have not felt the burn as much as other parts of the country.  We did see a slight slowdown in sales, development and in our economy during the last quarter of 08.
In looking back on what has occurred  in commercial real estate in Montgomery County, certainly all is not bleak.  We saw a lot of new strip centers and large retail centers opening up in 2008.   While the lease rates slowed a bit, large anchor tenants were secured and are now up and running.
South County saw a great deal of commercial activity especially in new office building space being constructed on several sites.  South County also continues to see strong retail sales with the amount of retail leases remaining steady.
In the Conroe/Willis area tremendous retail growth is evident.  The Montgomery corridor along Hwy 105 showed a very positive growth in the retail sector with many new businesses locating to the new lake retail development.
Of course East County is sitting in a strong position for potential commercial growth.   The East Montgomery County Improvement District along with the developers have ironed ... more

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