Dallas/Fort Worth

Royce City, east of Dallas, experienced a tremendous amount of growth in recent years and Huffines thinks that trend will continue into the foreseeable future.

Architecturally, nothing will prevent getting COVID, but using change management strategies to make people more comfortable returning to work are helpful, says Christopher Goggin, Gensler principal.

There are a combination of renewals, new deals and expansions/extensions but at the end of the day, this is still real estate and "you just have to be creative and find the right solution for each tenant", Mike Silliman says.

In 2019, there were 321,000 units, but this year, there will only be 283,000, which is a 12% decrease, said a report by RENTCafe Blog.

There are a variety of factors Amazon takes into account when launching a new building such as customer demand, a dedicated workforce and local support–and it has found each of those in Forney, TX.

During the past few months, there has been a flight to quality and stability in the net lease marketplace for well-constructed long-term net lease industrial properties in solid Texas metros on the part of investors.

One of those properties now underway is the Reserves at San Marcos, which will feature 376 units, 298 of which will be reserved for tenants earning up to 60% of the area median income.

With amenities such as a conference center and wet labs, the repurposed development Pegasus Park will open in early 2021 and feature four components: a biotech plus hub, a social impact hub and entertainment/dining venues.