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In this EXCLUSIVE, Skanska's Dennis Yung says the biggest challenge is the decline in and age of the skilled workforce with fewer young professionals entering the construction industry.
The passing of the beer-to-go law is one of many positive legislative changes the industry has seen in recent years, which will increase awareness, competition and sales of Texas craft beer.
The offices at West Memorial Place feature use an energy recovery wheel which pre-cools fresh air before it is transferred through the mechanical system, which requires less energy to cool the buildings.
"We continue to make progress on deleveraging our balance sheet through asset sales," states David Blackman, president and CEO of Office Properties Income Trust.
In this EXCLUSIVE, Bret Biggart, Freedom Solar CEO, shared some insights into solar power across the state, the benefits of the Investment Tax Credit and what the future holds for solar in Texas.
Houston operators offered concessions on 35.3% of stabilized product, the biggest volume of discounts among the nation's 50 largest markets, but well below the decade average for the market.
Regent Properties acquired the class-A office project comprised of two 18-story towers over shared structured parking that was redeveloped in 2000 and renovated in 2017.
The properties in the portfolio have an average vintage of 2004, boast low vacancy rates, and offer affordable options for renters in attractive Texas and Florida markets, Starwood Capital states.
Town Center Medical, a class-A building totaling 29,903 square feet at 16545 Southwest Freeway, is directly across from Houston Methodist Sugar Land Hospital.
The 278-unit class-A apartment community is located in a master-planned community featuring more than 10 million square feet of retail and 5 million square feet of office space within a five-mile radius.