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Rising interest rates are putting pressure on pricing but the fundamentals of net lease investments and the Texas economy have been strong enough to keep cap rates within a historically low range.
According to Austin's Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs in the next decade.
The state's population growth and geographic advantages of being in the center of the Sunbelt and sharing a border with Mexico make it an obvious location for distribution networks and investor interest as a result.
Due to a strong healthcare infrastructure and fast-growing population, MedProperties Realty Advisors has strengthened its commitment to the Austin market by investing in three medical office buildings.
Austin moved up two spots to number six on CBRE's Tech Talent Scorecard, part of its Tech Talent Report, which ranks 50 US and Canadian markets according to the ability to attract and grow tech talent.