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Investors are attracted to the metro area's healthy retail fundamentals underpinned by nation-leading population and employment growth, leading to the sale of two single-tenant retail buildings.
A recent office analysis shows a strikingly vulnerable national office sector with vacancies that have remained essentially unmoved in the past two years and rent growth slowing to its weakest pace in five years.
Oil centers such as Odessa and Midland, TX are still at the top of the list with the highest rent rebounds during the year, at 35% and 31.4% respectively.
Phase II has broken ground on University Commons, a new retail and lifestyle gateway to Sugar Land's Telfair community off Interstate 69, a major expansion encompassing 108,000 square feet.
Growth in the market will be much slower than the last upswing; most companies are going to remain cautious, even with a great deal of supply and if oil gets to $80/barrel, says McGee in this <b>EXCLUSIVE</b>.
The addition of Star Cinema Grill is another step in creating a new urban center in north Houston that is a walkable, sustainable mixed-use destination.
As Sam Moon began to grow its retail stores, it also began developing surrounding retail centers such as Sam Moon Center which is to include Urban Air, the only entertainment center of its scale in The Woodlands.