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WP Carey Inc. has entered into an agreement with its existing tenant, Cuisine Solutions, to invest $75 million in a 290,000-square-foot build-to-suit food production facility in San Antonio.
With those economic conditions in mind, Granite Properties acquired Eldridge Place, an 824,632-square-foot three-building class-A office complex in the Energy Corridor of West Houston for $78.4 million.
The Place at Houston Street is a class-B garden-style apartment asset which was acquired by Westmount Realty Capital, a transaction due in part to San Antonio's below-average unemployment rate.
Equiem's platform acts as a full-service concierge, providing tenants with access to services, events and experiences, from ordering coffee to making facility requests and communicating with tenants.
Braun Enterprises, known for redeveloping inner-city retail and office projects, plans to renovate the Galleria office buildings' interiors and exteriors along with a complete redevelopment of the retail space.
Houston added nearly 3.6 million square feet of medical office space, the most of any US market, and had the second-highest net absorption from second quarter 2017 to second quarter 2018, behind only Phoenix.
Located east of Interstate 35, Port Grande is 10 miles from the Port of Laredo commercial border crossings where approximately 60% of all trade between US and Mexico occurs.
Commercial Cafe's study on workplace layouts found that 56% of Texans prefer private offices, with home offices in second place with 16% of the vote and co-working in third place at 9%.
The healthcare sector has seemingly recovered from a slew of major-provider layoffs in 2017, and more than 130,000 square feet of medical office space was delivered in Q4 2018, with more developments on the way.