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Hubs across the nation are looking to use real estate to boost productivity as the growth of the global prescription drug market is expected to surpass $1 trillion by 2022.
US supply chains will shift away from an over-reliance on China to include more expanding Asian and European markets, which will establish new national distribution models that will particularly benefit regions such as Houston.
USDA's Rural Housing Service Texas State Offices, the Texas State Affordable Housing Corporation and Texas Department of Housing & Community Affairs all helped secure the financing for this deal.
The industrial market in El Paso is posting industrial occupancy rates at 96.5% as global brands realize the benefits of having a location on the US-Mexico border, including a 1 million-square-foot spec build by VanTrust.
Owned by Principal Real Estate Investors, all three phases combined make Bay Area Business Park one of the largest single-owner industrial parks in Houston at 3.3 million square feet on 232 acres.
Stonelake Capital Partners purchased the 41-acre site from a joint venture between Transwestern and UBS, which is more of a testament to both development quality and tenant creditworthiness.
Until the America at Home Study, no organization had gathered hard data about one of the most important factors: how Americans will view their homes after being quarantined while working and home schooling.
This project has been on deck at The Woman's Hospital of Texas campus for many years, and it will give larger practice groups some much-needed room for expansion and allow new providers to join.
Texas only has 86.9% broadband coverage, placing the state at number 30 for overall Internet connectivity due to rural regions which may not be profitable areas of business for high-speed Internet providers.