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Industrial is expected to continue to prosper as the economic outlook remains optimistic, with both crude oil prices and the rig count showing steady improvement year-over-year, up 25.6% and 17.3%.
The structure and layout of office space has a direct impact on hiring competitive talent, keeping employees happy and healthy, reducing operating costs, and creating innovative conditions.
By developing an accessible hub of creativity, an array of artists and art lovers can gather at the MATCH, an arts and theater center, to enjoy Houston's eclectic but previously decentralized art scene.
A 10-million-square-foot rail-served industrial property, SW International Gateway Business Park, is soon to be underway, serving six ports within 250 miles, including Houston, Corpus Christi and Galveston.
CBRE's analysis found rent spreads of 26% in Houston and Dallas/Fort Worth, confirming the current market for industrial and logistics real estate has growth remaining.
The Three Fountains multifamily asset presented Westmount with the opportunity to acquire a well-positioned value-add property near Westover Hills in San Antonio, a market with job growth and a strong economy.
Echo Lane was carefully vetted to assure the purchase met Velocis' investment strategy and would offer a viable opportunity for investors in 2012, and with occupancy at 97%, the asset was sold to 800 Builders.
New workplace strategies and technological advances are contributing to a systemic change in the way oil and gas companies view and leverage real estate, according to JLL's North America Energy Outlook.