Transwestern reports the industrial real estate market had another banner year, based in large part to consumer confidence, which hit a 17-year high in December. According to the company's year-end national industrial report, the US market had its eighth consecutive year of growth in 2017, marking 31 consecutive quarters of positive absorption and 29 consecutive quarters of declining vacancy.—Lisa Brown

NEWS AND NOTABLES

DALLAS—Crescent Real Estate LLC announced the return of Julie Young to Crescent as general manager of The Crescent. Young returns to Crescent after working as associate director at CBRE since 2006. At CBRE, she directly managed the 1.2 million-square-foot KBS Realty portfolio and supervised 10 CBRE managers responsible for more than 8 million square feet of class-A property in Dallas. In addition to serving on the BOMA Dallas board, Young is a past president of Commercial Real Estate Women (CREW) Dallas and is a board trustee with the Dallas Women's Foundation, as well as chairing several charitable events in Dallas.

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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.