Feature

Visa is the first commercial tenant of Phase 1 of Mission Rock, and the firm says it is important to have an office environment that encourages collaboration, inspires creativity and reflects its stature as a world-class brand.

While there is still a significant amount of new office space available, discussions surrounding hiring in West Houston upstream operations have been welcomed as one-third of energy jobs have returned.

CBRE managed planning, site selection, procurement, preparation, landlord approvals, permitting, installation, activation and closeout at 215 workplace and multifamily buildings across 11 states.

Panelists during the transaction talk panel at GlobeSt. APARTMENTS talk about deploying money in the best way, challenges to address and picking the right spots and create value in multifamily assets.

According to Avison Young, prices in Dallas increased the most out of the major industrial markets, up 20% to $85 per square foot, with New York/Northern New Jersey and Miami also recording increases.

Midtown is sandwiched between the two largest employment centers, downtown and the Medical Center, and is the third most densely populated square mile and one of the fastest-growing areas.

Urban Land Development will upgrade the interior by uncovering the 14 to 15-foot slab-to-slab ceiling heights, reconfiguring suites to occupy half or full floors of up to 14,000 square feet and creating an open office floorplan.

While the decrease was only by $1 to $1,471, it still broke an upward trend in place since February 2017, according to a report by RentCafe, while the average rent in Texas is generally lower than the national average.