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Middle Market Digest: This Week in the South and Mountain Regions

Here's a look at this week's trends, announcements and deals that you may have missed in Texas, New Mexico, Colorado, Oklahoma, Arkansas and Louisiana.

By Lisa Brown | Updated on October 18, 2016

While national investors shied away from Houston because of the downturn in the oil industry, some look at it as an opportunity in disguise. Headlines this week tout the resilience of Houston, with investors and developers expressing their belief in the power of a comeback. Words such as diversified economy, underappreciated market, growth opportunity, value in Houston, great time to invest and layoffs have hit bottom are being used. And the sentiment seems to be shared in the data, with an increase of 7.5% in the median asking price per square foot for office properties compared to the prior three months, according to LoopNet. While this is less than the increase of 12.9% last year, the other sectors are following suit with increases, albeit at lower rates.—Lisa Brown

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