Houston

The lack of supply along with a healthy demand from logistics companies in El Paso are placing upward pressure on lease rates and developers with surplus industrial land are capitalizing on this phenomenon.

PacVentures has been a Brownsville submarket owner for many years, steadily increasing its presence with the recent acquisition of vacant land next to the NAFTA Business Park and a 10-building industrial portfolio.

DFW ranked in the top five for US population growth in 2017 and the metro area has a significantly higher percentage of its population in the 25 to 44 age cohort, a prime home buying demographic.

Harvey's silver lining was an improvement in both multifamily vacancy and rent growth, which has resulted in Houston remaining a competitive investment market, especially when paired with above-average job growth.

In the Central Business District, there is a strong flight to quality as office tenants continue to seek high-quality buildings that offer flexible design, functionality, efficient floorplates and upscale amenities.

Heights adaptive reuse project, M.K.T., will provide an infusion of creative office space for which there is growing demand but little available inventory in Houston despite its wider appeal in the country.

Two years of anticipated gridlock ease fears that political or economic policy changes will derail business expansion plans, setting the stage for further job creation and modest gross GDP growth, says Transwestern.

Submarkets such as the Galleria remain attractive to investors and lenders due to the desire to place capital in Houston and the quality asset of the Hyatt Galleria drew heavy lender interest for the refinance.