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Most in industrial development expect continued growth in e-commerce, but the market for Sheldon Distribution Center is likely to be very traditional users of distribution space such as building suppliers.
The Galveston-Clear Lake corridor is booming and resort amenities such as a public access lagoon, along with housing and retail, will attract residents and visitors to this area north of Galveston.
With advance planning and by initiating a readiness action plan, some investors many find it easier to stay afloat and survive the real estate market hurricane, i.e. mitigate losses due to natural disasters.
Crow Holdings Industrial purchased 45 acres within Greens Crossing Business Park for the development of the 530,000-square-foot industrial project, Layne Crossing, which will support a number of industries.
Arbor provided $51.3 million in financing for the Reven SFR Portfolio, an 824-unit portfolio located in Jacksonville, FL; Memphis, TN; Atlanta, GA; Birmingham, AL and Houston, TX under the Freddie Mac Single-Family Rental pilot.
"The dynamic of muted wage growth in the low-to-medium skill jobs and a growing middle-class renter cohort leads us to invest in the space that has the highest demand with little to no new supply,” says M. Patrick Carroll, chief executive officer of Carroll Organization.
Lawyer says he has known Transwestern's leadership for many years and been impressed by its commitment to excellence, integrity and shared purpose, along with providing sound advice to clients.
Long-term success will require close partnership among businesses, nonprofits, philanthropists, and local, state and federal government to rebuild in a more resilient way in preparation for future extreme weather.