LAS VEGAS-The retail market in Texas, especially in Houston, is strong due to the job growth and tenant demand in the retail real estate sector there, said Nick Hernandez, a managing director at Transwestern. Hernandez spoke to us here at the recent RECon show.
He touched on:
- How retail development is coming back.
- How Houston has become a landlord's market in retail.
- Rising rents and the state of rent concessions.
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