Houston

The site provides 1,500 feet of Katy Freeway visibility to 46,032 vehicles daily and is the first development in the 106.6-acre Pederson Distribution Park, situated between Brookline, Pederson and I-10.

The sale of Five Points represents a recurring trend of private equity capitalizing on stabilized secondary market retail centers at value-add pricing as institutional owners shift portfolios toward primary market core/core-plus assets.

Private capital's demand for industrial, coupled with the already strong appetite from buyers, has been a contributing factor in the cap rate compression during the last few years, says Moore in this <b>EXCLUSIVE</b>.

After leasing most of Farinon II to Ernst &amp; Young, Worth &amp; Associates has begun construction of Farinon Business Park III, the third of three buildings in Worth's master-planned business community.

McCarthy recently completed a build-out of the ninth floor of the Jan and Dan Duncan Neurological Research Institute, which includes approximately 23,000 square feet of new lab space.

The lack of supply along with a healthy demand from logistics companies in El Paso are placing upward pressure on lease rates and developers with surplus industrial land are capitalizing on this phenomenon.

PacVentures has been a Brownsville submarket owner for many years, steadily increasing its presence with the recent acquisition of vacant land next to the NAFTA Business Park and a 10-building industrial portfolio.

DFW ranked in the top five for US population growth in 2017 and the metro area has a significantly higher percentage of its population in the 25 to 44 age cohort, a prime home buying demographic.