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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 overbuilt and bustling CBDs leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and the potential for large-scale development remains.
This net immigration of seniors moving to be closer to adult children has created a great dynamic of census growth in the market, and a recent acquisition involved three senior housing communities for added supply.
Las Colinas continues to be an important market for companies looking at DFW and what's more, it can provide a better value than some of the other hot markets in the area with its transit and amenity offerings.
With more than seven years of economic expansion (the longest-running since post-WWII) under our collective belts, not only did job openings hit a new record in October at 6.2 million, but employers are getting increasingly more creative with space.
Due to DFW's job growth, more people have relocated here, propelling rents, and the rapid increase in rates has pushed some of the workforce out of the more desirable areas seeking affordability, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
The Shops at Stonebriar is a long-term investment for JAH Realty, as Frisco, TX has been recognized as an epicenter for population growth for almost two decades.
A confluence of factors came together for a requirement–the right type of building, neighborhood amenities, DART access and modern space to create an optimal environment for employees.