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Office Evolution is continuing its Texas expansion by signing leases for the brand's first locations in San Antonio and Austin which will be its fifth and sixth locally owned locations in the Lone Star State.
The Oregon Department of State Lands, on behalf of the Common School Fund, sold the acreage to Lands Bend Corp, which is processing a master plan consistent with the City of Bend Comprehensive Plan.
Value-add multifamily properties in Sunbelt cities such as Houston are continuing to benefit from an influx of residents from other high-cost-of-living states and densely populated cities.
Sacramento is one of the markets continuing to experience apartment rent growth of slightly less than 4% in the last year, leading to mega-acquisitions such as Alira which was recently purchased for $92.3 million.
Amazon.com Inc.'s fulfillment center is slated to launch next year in Missouri City, TX, a city with abundant talent, creating more than 500 full-time jobs in response to customer demand.
Refinancing of $150 million was recently arranged for the historic 606-key Fairmont hotel on behalf of the borrower, an affiliate of Mirae Asset Global Investments.
Sourcepoint Inc. committed to 34,852 square feet, bringing the EverWest property to 100% occupied, which worked for a number of reasons including Sourcepoint's desire to occupy the entire remaining balance of the building.
Greater Sacramento is home to several global tech and life sciences companies, and is the only major metropolitan area that has highly skilled employment combined with low business costs and an affordable lifestyle.
1111 Fannin is a 17-story 428,629-square-foot office tower located in Houston's central business district, a location that was one of the key investment points for Triten Real Estate Partners and Taconic Capital Advisors.
Most of the tax-related ballot measures passed in the last election, with the exception of Proposition 15, and Allen Matkins shared some insights into what this means for commercial real estate.