Austin

West Campus neighborhoods achieved 5.55% average rental growth since 2010 and University of Texas at Austin student enrollment is estimated to grow by 5.4% by 2020.

BBG views Austin as a strategic market that will contribute to its future growth and its acquisition of HCP Advisors will create one of the city's largest valuation teams.

The 200,000-square-foot mixed-use building at 200 E. 18th St. is soon to be underway on behalf of the Employees Retirement System of Texas, and it is to include both office and retail space.

EverWest and George Oliver Companies' transformation of a recycling facility into a unique office project attracted a lot of interest.

Private capital has been the most active buyer type for 2018, comprising 74% of Austin's total sales volume, followed by cross-border buyers at 14% and institutional investors of the remaining 12%.

The development marks the first multifamily project in Austin for the Dallas firm.

Large expansions plus an increase in smaller wholesale deployments is largely behind the increase.

Rising interest rates are putting pressure on pricing but the fundamentals of net lease investments and the Texas economy have been strong enough to keep cap rates within a historically low range.