The Dallas metro area economy continues to expand at a rapid rate, with more than 116,000 jobs added since August 2017, resulting in multifamily demand that easily exceeds new supply.
According to Jacob Gehl, senior managing director of Blueprint, the market fundamentals are excellent in the medium to long term but are challenged in the short-run.
Hilton's first tri-branded property is the most recent completion in what is quickly one of the hottest submarkets whose evolution is supporting both new development and giving new life to some historic structures.
Companies that manufacture or sell common holiday gifts such as consumer electronics or food items should consider developing tariff-oriented strategies to help mitigate shopper concerns, says InfoScout.
It was the late Paul Allen's impactful influence that has allowed the neighborhood to continue to break barriers, evolve and eventually pave the way for a ground-up property such as Ascent South Lake Union.
In an example of office-occupying activity, a long-term lease was recently inked by Waste Management Inc., which is to occupy nine floors at Capitol Tower consisting of approximately 284,000 square feet.
Rising e-commerce activity has created new demand for just-in-time facilities near urban core markets, the Port of Oakland and Oakland airport, along with Central Valley fulfillment centers, says Transwestern.
Positive multifamily fundamentals have resulted in a second multifamily purchase in a month; specifically, RISE Properties Trust purchased Copper Creek Apartments in Puget Sound for $35.4 million.
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