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Within a refined target of select submarkets, Meridian has a specific investment size, which will vary based on the quality of opportunities, but most investments will be in the $10 million to $75 million acquisition price range.
The 28-story HALL Arts residences features 50 homes starting at $2 million and 1,600 square feet going up to the two-level 10,000-square-foot penthouse while the adjacent HALL Arts Hotel has 183 rooms and 20 suites.
The metro currently reports 95.8% retail occupancy, making it the strongest market in Texas in terms of occupancy, a rate which is based on a retail market inventory of 49.5 million square feet.
For Manhattan offices overall average rent and leasing activity were up, with a decline in availabilities for April 2019, according to the Colliers International Market Snapshot Report.
Typically the first quarter can be on the slower side with activity picking up in the second and third quarters, which is expected this year with expectations that several large deals have already or are about to be signed.
Columbia Distributing's new Portland metro area warehouse, an approximately 530,000-square-foot facility located at SE 1st Ave. and S. Walnut in Canby, is set for completion in fall 2020.
Any type of medical center with close proximity to major hospitals, surgical and recovery outposts, rehabilitation and physical therapy options is key, says Edna Meyer-Nelson, Richland president/CEO.
The area has been home to a good amount of new development and property revitalization in recent years, along with a Trammell Crow multifamily project and the headquarters of Airbnb, Zynga and Pinterest.
The leasing assignments of the Summit at Las Colinas and AmberTrail Corporate Park I/II total 524,000 square feet of office space, which should be a welcome addition for office tenants clamoring for space.