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Capital sees Houston as a market that has all the signs of positive 2018 growth, non-farm payrolls are growing stronger, and mixed-use projects and value add are prime investment strategies.
Properties continue to be upgraded as management assignments are awarded, such as those for West Point Village, a 330-unit garden-style asset, and Timber Run, a 120-unit garden-style community.
Transwestern has been retained by Brookfield to provide leasing services for the mixed-use campus at 909 Fannin St. in the CBD comprised of 4.2 million square feet of office and retail space.
The Apartment Association held its annual state of the industry event last week, and industry leaders and analysts discussed Harvey-related issues, recent economic trends, job growth and forecasts.
Last weekend, Caydon, Hoar Construction and TAS Concrete held a concrete-pouring viewing party to watch the process unfold at 2850 Fannin St., the first high-rise residential development in Midtown.
It was another record-setting year for Port Houston volume, and the emergence of the Gulf Coast as a globally low-cost petrochemical manufacturer leaves the industrial sector generally well-positioned entering 2018.
The new tax bill will have both positive and negative effects on the construction industry and other issues affecting heavy freight in the United States.