CXRE » houston

Houston Office Space for Lease

CXRE Group stands at the forefront of listing Houston office space for lease. With over 2.3 million residents, Houston is the most populous city in the Lone Star State and office space for rent is plentiful. In the entire Houston metro area, there are almost three times that many residents (6.3 million). In addition, Houston is also the nation’s fourth most populous city and one of the nation’s fastest-growing metros. Between 2016 and 2017, almost 100,000 new residents relocated to Houston. Furthermore, predictions show that by 2020, the population will surpass 2.5 million residents. CXRE is Respectfully Aggressive Houston has been described as a boomtown, and with good reason. The Port of Houston is one of the world’s largest ports and is a major international shipping hub. On top of that, Houston is a major base for the energy industry and many companies have headquarters in the city. The metro area is also a major […]

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How LLCs Can Protect You and Your Houston Real Estate Investments

Using LLCs for Houston commercial real estate can protect you and your assets. As a result, setting up an LLC (Limited Liability Company) for commercial real estate investment is a solid business strategy. Below are some ways that LLCs can protect you. LLC Benefits for Real Estate Investment Using LLCs for Houston commercial real estate has several benefits. Some of these benefits are listed below: Limited Personal Liability – Commercial real estate deals often involve lots of money. In a lawsuit or judgment, an LLC limits the owner’s personal liability. Although the LLC’s assets may be at stake, personal finances and assets are not. Tax Benefits – Using LLCs for Houston commercial real estate prevents double taxation. Rental income and asset appreciation transcend to the owner. Due to this, LLC owners only pay individual taxes. As a result, LLCs lower the tax burden and offer more tax deductions. Management – Owners or third parties can […]

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Real Estate Investors Eye Opportunity Zones in Houston

In March 2018 Texas Governor Greg Abbott submitted the state’s 628 designations to the Treasury Department. These include 150 Opportunity Zones in Houston. Added to the 2017 Tax Cuts and Jobs Act, Opportunity Zones could spur investment during Houston’s continued post-Harvey rehabilitation. Explore Our Comprehensive Guide to Opportunity Zones An Opportunity Zone is “an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.” Therefore the goal is stimulating economic development. But they can potentially transform Houston and other Texas cities. In a press release, Governor Greg Abbott said, “As we continue to recover after Harvey, these Opportunity Zone designations will also provide a much-needed boost for local communities impacted by the storm.” Consequently, Gov. Abbot hopes billions of investment dollars will flow into Houston and other Texas ‘O-Zones.’ Greenspoint Opportunity Zone Porter Opportunity Zone Hillcroft-Harwin Opportunity Zone Downtown Houston & East Side Opportunity Zone Additional Resources U.S. Department of […]

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What Does the Future Hold for Texas Commercial Real Estate?

Texas is home to six of the top 20 largest American cities, great music, amazing barbecue, and the Dallas Cowboys. The Lone Star State also has lots of room for commercial growth. Below we look at the future of Texas commercial real estate. Texas’ Explosive Population Growth The Lone Star State leads the nation in population gain and is the top destination for relocating Americans. Eight of the top 15 counties for population gains are in Texas. Between July 1, 2016, and July 1, 2017, the Dallas and Houston metro areas were first and second respectively for the nation’s top gaining metro commercial real estate markets; Austin was eighth. Collectively, these three metros added gained a combined 300,000 new residents. Why All the Growth? These population gains aren’t a new trend for Texas and they don’t seem to be slowing. Why are so many people relocating to Texas? CNN Money says that most people are […]

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