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Welcome to the Clay & Company Blog

Clay & Company is a Houston-based commercial real estate auction, brokerage and investment company serving the needs of governmental agencies, financial institutions, insurance companies, and individuals throughout the State of Texas since 1991.

Our regularly updated blog covers local and national news, events, and happenings affecting Houston commercial real estate.

Author Archives: admin

Weekly Wrap Up

This week’s Chronicle Transactions
Brewmasters International Beer Festival
September 3-6, 2010
A Labor Day weekend Beer extravaganza with hundreds of beers, musical entertainment, food, and educational seminars on how to brew your own. Let your taste buds get carried away with specialty beers from around the world. Utilizing the beautiful bayside oasis of the Moody Garden grounds & conference...

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Net Lease Assets

We have covered triple-net lease investments before and are still actively searching for net-leased properties, both new construction leases and existing leases. This article from the July/August 2010 issue of Real Estate Forum gives a rundown on the two options.

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Weekly Wrap Up

We are starting a new “Weekly Wrap Up” segment each week that will review the stories we’ve published and offer up a few ideas of things going on around our great city.

So, in case you missed it:

Hwy 290 and Grand Parkway updates
Deal In Works Over Heights-Area Wal-Mart Development
MUDs and the Houston Annexation System

...

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MUDs and the Houston Annexation System

In recent years, limited purpose annexations have become more popular in Houston and are now the integral part of the city’s annexation plan. This article in Impact News explains many of the details associated with the annexation system.

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Deal in works over Heights-area Wal-Mart development

The city is negotiating a deal with the developer of Washington Heights — a proposed Wal-Mart-anchored shopping center near Interstate 10 and Yale – that would reimburse the local builder for as much as $6 million in public infrastructure improvements.
If the agreement is approved, developer Ainbinder Co. would widen and repave streets surrounding the project,...

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Hwy 290 and Grand Parkway updates

The Texas Department of Transportation and Harris County officials have been working on a plan to complete Segment E of the Grand Parkway. Segment E will run for 15.2 miles through Northwest Houston between Highway 290 and Interstate 10.
In June, Charles Dean, the Harris County Public Infrastructure Department program manager, sent a memorandum to the...

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Recent Transactions in the Houston Chronicle

Harris County Municipal Utility District 179 has purchased three acres at Easton Commons Drive and West Road in northwest Houston. The three acres are adjacent to seven acres purchased by MUD 179 in December of 2008. Harris County MUD 179 purchased the ten acres out of a 14-acre tract owned by Clay Venture Fund, #3,...

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10 Great Cities For Young Adults

From Yahoo Real Estate:
Free from ties to kids or a mortgage, young adults can settle virtually anywhere they choose. So which place is best for you when the world is your oyster?
Here are 10 cities in the U.S. that offer exceptional opportunities for those starting out in life. We began our search using the criteria...

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Top Trends on LoopNet: Houston

The graph below shows the asking price/square foot for Houston listings on Loopnet.com.

See our shopping center in Spring here.

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Texas Leading the Way out of the Recession

A recent email distributed by Jim Scuttles of First American Title is a nice follow up to our last post. It further illustrates Houston as a city of great opportunity. Always feel free to comment and let us know your thoughts on our posts.
Texas Economy
The Texas economy often behaves independent of the rest of the...

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