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Office and residential growth are creating increased demand for retail, and local as well as out of state buyers are attracted to well-placed centers with strong tenants that draw on increasingly affluent surroundings.
However, Ken Simonson with the Associated General Contractors of America says year-to-date spending on infrastructure “has fallen short of the already inadequate amounts posted in the same period of 2016."
Although environmental due diligence may seem pro forma, it is nonetheless a critical component of any commercial real property transaction, say sources in this <b>EXCLUSIVE</b> Q&A on the subject.
Privacy and distraction, along with poor sound quality due to hard surfaces reflecting sound and causing cacophonous reverberation, are some of the issues that can be addressed through better design, Kirei's John Stein tells GlobeSt.com.
Absorption rate gains were concentrated in distribution properties located in core markets such as Dallas/Fort Worth, which also had some of the highest number of rooms under construction at 7,047.
The US Energy Information Administration forecasts that West Texas Intermediate crude will be priced at an average of $51 per barrel in 2018, continuing a stabilization of energy pricing that prevailed in 2017.