Lane Gillespie
Bisnow
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Past articles by Lane:
5 Years After Harvey Tore A Path Of Destruction And Displacement, Gulf Coast Towns Show Economic Resiliency
Gulf Coast business is back, though recovery has taken more time for its residents. → Read More
Texas Threatens Ban On Doing Business With BlackRock, Other Financial Firms With ESG Policies
The Texas comptroller is accusing BlackRock, UBS Group AG and Credit Suisse Group, among other companies, of boycotting energy companies. → Read More
Dwindling Pension Fund Availability Sees Overseas Investors Stepping Up
With less funding available from pension funds, private equity firms like TPG are turning to foreign sovereign wealth funds to fundraise. → Read More
Baker Hughes To Massively Downsize Office Space As Hybrid Work Takes Hold
Baker Hughes is set to cut its office space by more than 60% with a new 130K SF Energy Corridor HQ as it adjusts to the era of remote and hybrid work. → Read More
Peloton To Close All Warehouses, Shutter 'Significant' Number Of Stores
Peloton is axing stores, warehouses and jobs amid a rush to inject the company with cash. → Read More
Retail REITs Nonplussed Ahead Of Possible U.S. Economic Downturn
National retail REITs report strong second-quarter earnings, shrugging off possible economic clouds. → Read More
High Occupancy May Give Houston Multifamily Owners Wiggle Room To Hike Rents
Houston is tied with San Antonio in rental averages at $1.42 per square foot, the lowest among Texas metros. That could leave room for rent increases. → Read More
Cushman & Wakefield Turns Over Thousands Of Documents In Trump Probe
New York's attorney general has dropped a contempt of court notice against Cushman & Wakefield for failing to turn over Trump Organization documents. → Read More
Israeli Companies Find A Familiar Home Away From Home In The Lone Star State
Israeli companies are finding commonality in the cowboy culture of Texas — so much so that Israel is moving more companies to Texas than any other country. → Read More
Senate Bill Will Revive Funding For Low-Carbon Construction
The Inflation Reduction Act of 2022 could funnel billions into reducing carbon emissions. But it has some hurdles to clear first. → Read More
Global Conflict Is Putting Pressure On Energy Companies, But It Isn't Driving Houston's Office Market So Far
Houston and other energy-centric cities aren't seeing a bump in office usage despite geopolitical conflict that boosted the U.S. role in world energy supply. → Read More
As Inflation Rises, Houston Has Built The Nation's Biggest Pool Of Luxury Apartments
Houston's apartments are larger and more luxurious than in other metros, though the area is still beating all other Texas cities for affordability. → Read More
Rat-Infested Warehouse Adds To Headaches For Retailer Family Dollar
An Arkansas Family Dollar warehouse is set to close this year due to a well-publicized rat infestation, but workers are saying the problem hasn't gone away. → Read More
Inflation Concerns See Retailers Clinging To Their Real Estate
New Houston retail research suggests that amid low consumer confidence, retailers are skittish about letting go of their leases. → Read More
There’s No Space Left In Cities Like Laredo As Industrial Breaks For The Border
Laredo, like other border towns, is seeing a massive spike in activity as supply chains reconfigure themselves. For now, though, vacancy sits at less than 2%. → Read More
Black Rifle Coffee Taps Former Wendy's CEO To Serve Up National Expansion
Black Rifle Coffee is appointing Roland Smith as executive chair ahead of an 80-store expansion. → Read More
Bechtel Halves Its Office Space As It Leaves Its Home Of 40 Years
A new 205K SF Westchase lease is last quarter's largest deal, but it's still a fraction of what the company leased previously before switching to hybrid work. → Read More
Downtown Houston Leads City's Office Recovery, But Future Remains Uncertain Amid Interest Rate Hikes
The five largest office deals inked in the last quarter were in downtown, but Fed interest hikes might make the future of office unclear. → Read More
New Kinder Institute Director Isn't Interested In Band-Aid Solutions For Houston Inequality
New Kinder Institute Director Ruth López Turley takes on the new role amid a university reshuffle. → Read More
Houston Office Company Suing Insurers For Failing To Pay Out Pandemic-Related Business Interruption Claims
Boxer Property Management is suing its insurers for what could be more than $20M, alleging they failed to pay business interruption claims. → Read More