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HOUSTON-Axiometrics' July 2013 figures show a 6% effective rent growth, down from the 6.5% reported during the same period of 2012. Revenue growth also dropped from 8.3% to 6.8% year over year.
ADDISON, TX-Continuing its strategy of secondary market investments and development, the Dallas area developer breaks ground on Brownsville, TX-based Bella Vista's first phase, 128 units. Phase two will include commercial pad sites.
TULSA, OK-The appliance manufacturer is plowing capital into its 837,000-SF manufacturing operations and will add 150 new employees in 2014. The plant, at Cherokee Industrial Park, will manufacture a new cooking appliance.
PHOENIX-<b>DEALTRACKER</b>-The 1M-SF retail center added tenants including Rainbow Shops, Cinnabon, and International Cancer Advocacy Network. Additional southwest commercial real estate news included.
BIRMINGHAM, AL-The REIT acquires the just-finished 223-unit Tapestry Park from its developer. The Irvine, CA-based buyer also bulks up its Texas portfolio by paying $24 million for the 400-unit Dawntree in Carrollton.
TEMPE, AZ-The Dallas-based buyer ends up with the 637-bed Hub on Campus, which serves Arizona State University. Core Campus LLC was the seller.
HOUSTON-<b>EXCLUSIVE</b>-As religious organizations focus on outreach, experts tell GlobeSt.com's Amy Wolff Sorter that many are moving into vacant commercial real estate space, rather than buying and building from scratch. Part one of two stories.
HOUSTON-While Joe LaFico joins Kennedy Wilson as managing director of operations and asset management, John Pruitt and Jessica Ochoa come aboard Cassidy Turley as executive managing director and senior vice president, respectively.
EL PASO, TX-Though CBRE shows limited absorption of 1,542 square feet for this border town, frenzied leasing activity in sister city Juarez (with positive absorption of 1.1 million square feet) makes up the lack.
CASA GRANDE, AZ-The Phoenix land bank/developer has in it possession 8,000 acres in the La Osa; CEO Kuldip Verma tells GlobeSt.com there aren't many projects of that size in the Southeast Valley.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource