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At year end, Dallas-Fort Worth continued to be one of the strongest US industrial markets with 25 million square feet in new industrial space delivered at nearly 75% leased, and Houston had 10 million square feet absorbed.
Retailing in the digital age transformed itself to compete with the likes of Amazon, but as a result, this industry is better prepared to perform during the current health crisis without even realizing it.
This is the last full week of International Women's History Month so it seems appropriate to take a breather and shed a little light on women in CRE who have forged new paths and inspired colleagues in the process.
JLL is using tenant representation, technology, research and capital markets teams to provide clients with data and services, and recently named Jeff Eckert as the head of JLL US office agency leasing.
Arden Group is acquiring a portfolio of assets from Avistone of Laguna Niguel, CA. The portfolio is spread across San Antonio and Dallas, TX; Atlanta, GA and Columbus, OH.
It is not necessarily true that the Dallas self-storage sector is facing a slowdown because mobility is a major driver of the sector, and the mobility of DFW residents is higher than the US average.
Owners will be reviewing contracts for agreements outlined, and what contractual rights and duties exist in light of the conditions caused by the spread of the coronavirus.
Due to the lack of new class-B supply paired with a high demand, Fort Capital believes well-located flex products such as the three it recently acquired will be increasingly attractive and cost-effective alternatives.
Industrial property construction added 144 million square feet across 441 properties last year with Dallas in second place following the Inland Empire which is set to grow by a larger margin.
Cawley Partners and Rosewood Property Company are partnering to develop four class-A office buildings totaling 1 million square feet which will be developed in phases at Heritage Creekside.