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A multifamily property offered increasing occupancy and rents due to employment in the area and proximity to Baylor University, which are both increasing its employees and students, respectively.
The brokerage firm represented SLAB LLC in the sale of the 266-room hotel to Dallas-based Ashford Hospitality Prime, Inc., a REIT focused on luxury hotels and resorts.
Office space within the Preston Center submarket is at a premium, wherein through fourth quarter 2017, the submarket recorded 4.2 million square feet of inventory and a 14.4% vacancy rate.
Strong regional growth makes a multifamily project, Jefferson Alpha West, a compelling investment for Buchanan Street to achieve attractive risk-adjusted returns.
Some buyers seem to be taking the wait and see approach, while others are still active but more selective as many begin to realize that a slight shift is occurring, Hudson says in this <b>EXCLUSIVE</b>.
The workplace is rapidly changing and as a result, the focus on healthy workplaces is creating hospitality-driven work environments that attract talent, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Continued expansion and diversity of the economy, and the area's strong job sector—combined with the MSA's most available contiguous class-A office space—is a dual advantage of International Plaza I and II.
The plan is to combine Invesco's commitment with the Caddis Acquisition Fund I to acquire up to $1 billion in US core and core-plus healthcare real estate assets during the next three to five years.