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A healthy supply and demand balance is evident in DFW industrial with vacancy creeping higher, most notably in the North Fort Worth/Alliance submarket which is pulling interest from developers and tenants, especially for big box.
Affluent cities in South Snohomish have become an attractive alternative to Bellevue, pushing multifamily rental rates and pricing for newer construction such as the $58 million sale of Altia.
As the Bay Area braces for the impending IPO onslaught, San Francisco multifamily rent continues to skyrocket, with one bedrooms reaching an all-time high of $3,690, the most expensive in the world by a hefty margin.
Villas on 26th's location is less than half of a mile from the University of Texas at Austin campus, at the epicenter of the West Campus student housing market, which made it attractive to a recent buyer.
The firm's newly launched Fund IV, is a value-add workforce housing fund that will focus on expanding Monument's presence within Sunbelt markets, as well as select areas of the US Midwest, where it already has a presence.
The Cooper contributes to that effort by adding another choice of residential living that is within a block of jobs, services, entertainment, and multiple food and beverage venues.
Two-thirds (22 of 33) of the submarkets in the metro recorded positive absorption in the fourth quarter with The Woodlands representing the top performer at 602,236 square feet and more leasing to follow.
Women in CRE are still a smaller percentage of the workplace population but the female ranks are growing, with NKF recently promoting Liz Hart as the company's first female vice chairman in the Bay Area.