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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.

Category Archives: Uncategorized

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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Houston: Model City

From Forbes.com
By Joel Kotkin
Do cities have a future? Pessimists point to industrial-era holdovers like Detroit and Cleveland. Urban boosters point to dense, expensive cities like New York, Boston and San Francisco. Yet if you want to see successful 21st-century urbanism, hop on down to Houston and the Lone Star State.
You won’t be alone: Last year Houston...

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Happy Hour!

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USA Today: Commercial real estate market starts to perk up

The darkest cloud over the economic recovery — the troubled commercial real estate market — may be clearing a bit. Prices of commercial property are up slightly compared with last fall. Loan modifications have risen sharply the past six months. Commercial mortgage-backed securities (CMBS), a big funding source that was comatose for two years, has...

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Mark your calendar: Our next auction!

Multi-Property Commercial Real Estate Auction
Thursday, May 20, 2010
Westchase Hilton
2:00 PM

15,000 SF Restaurant/Bar • 110,000 SF Office-Warehouse
10-Acres with Home • Retail/Restaurant Buildings • Commercial Land Tracts
Commercial Reserves and Pad Sites
For more complete auction information, click here.

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The Value of Selling Your Real Estate at Auction

A real estate auction is an innovative and effective method of selling real estate. It is an intense, accelerated real estate marketing process that involves the public sale of any property, distressed and non-distressed.
So how can auctions benefit you, as a seller? Why are they the best way to sell property? There are a number...

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REDNews: Why Rural Land is a Good Investment

The future growth of the Greater West Houston trade area validates “Why rural land is a good investment”. The predictions from the West Houston Association of over 2,000,000 people in the 100 square miles outlined on the chart below in 2050 support the wisdom of investing in land in the west, south and north west....

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