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Development remained focused in the downtown/Montrose/River Oaks submarket as builders worked to meet demand in the dense urban core, while investment in the Fondren/Westbury submarket grows.
A recent purchase of 9500 N. Central fits well within Robert Lynn Investment's portfolio strategy, which includes medical office buildings, surgical hospitals and surgery centers throughout the country.
Long-term sustainable demand and, as a result, resistance to market fluctuations creates a compelling investment opportunity at this current stage of the cycle.
Pei gave “this century some of its most beautiful interior spaces and exterior forms,” said the jury of the Pritzker Architecture Prize, which Pei won in 1983.
“We've been hearing apartment building transaction volume in the city has slowed, which would make sense since potential buyers may be waiting for more certainty in order to figure out how best to price assets."
The addition of Central Technology Park to Gemini Rosemont's portfolio underscores its investment strategy to acquire class-A office assets in targeted US locations including Silicon Valley, says its CEO.
With 50 million square feet already developed, the TMC3 Campus will add 1.5 million square feet, including 125,000 square feet of commercial/retail space, and 125,000 square feet of shared research space.
Triten Real Estate Partners has ambitious plans for Tollway Place, including a Velvet Taco on the ground floor and an outdoor patio, after purchasing the six-story building in an off-market transaction.