Houston

The submarket stands in stark contrast to the broader Houston office market and is healthier in comparison; where it's on track to record a fourth consecutive year of positive net absorption.

In an example of office-occupying activity, a long-term lease was recently inked by Waste Management Inc., which is to occupy nine floors at Capitol Tower consisting of approximately 284,000 square feet.

The Development of Distinction Awards recognizes developments and open spaces that demonstrate best practices in design, construction, economic viability, healthy places, marketing and management.

More total joint and spine procedures, along with MRIs and CT scans have moved to outpatient settings, and continued M&A activity within the outpatient surgery setting is impacting the industry.

The 23 Class A properties are located in the Atlanta, Austin, Charlotte, Dallas, Denver, Houston, Las Vegas, Nashville, Orlando, Phoenix, Raleigh, San Antonio and Tampa markets.

High-quality infill remains in high demand by investors, causing average rent to blow by the $6 per-square-foot threshold, says Transwestern's third-quarter industrial outlook showing rent growth across nearly every market tracked.

Constructed in 2007, the facility features interior climate-controlled units, drive thru/drive-up units and four RV parking spaces. The facility was approximately 91% leased at the time of acquisition.

Scheduled to break ground in the fourth quarter of 2019, the HPE development will consist of two buildings including some 568,000 square feet of rentable space at CityPlace at Springwoods Village.