CBRE RealShare Texas exclusive GlobeSt.com: Texas currently has 30-plus million square feet under construction. A majority or 62% of delivered construction was preleased in first quarter, according to CBRE. Do you see this rate of preleasing continuing across the state? Kramp: GlobeSt.com What key trends are you seeing in your markets with new construction and leasing activity? Are you seeing a flight to quality with rental rates rising? Kramp: GlobeSt.com Are you seeing more build-to-suits versus spec? Kramp: GlobeSt.com: Do you think this bigger and taller focus is here to stay? Kramp: GlobeSt.com: Do you think rising construction costs (tariffs/labor shortages/etc.) are going to deter development? Or is the demand strong enough to maintain pace? Kramp: GlobeSt.com: Has rent growth slowed? What are your projections for the coming quarters? Kramp: GlobeSt.com: Do you see or foresee a rise in last-mile/high-density facilities? Kramp: ATTENTION! If you, your company or someone you know has made an indelible impact on the business of industrial real estate, we want to hear about it! Submit a nomination to Real Estate Forum's Industrial Influencers before the June 15th deadline.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
