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E-commerce companies demand more flexibility in order to accommodate users' sortation equipment as well as the need for higher clear heights which allows for the installation of mezzanine space.
Growth is strong in most multifamily markets in Texas, but the cost of construction is currently outpacing rents which has to change in order for opportunities to become obvious in the larger markets.
The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.
With a slowdown in apartment deliveries during the last year as part of the recovery from Hurricane Harvey, average occupancy rate elevated amid sustained rental demand as of the second quarter.
JLL's analysis of the data center industry reveals that the US, Canada, EMEA and APAC amassed a staggering 421.2 megawatts, with the US and Canada leading absorption, up 31.9% from YOY 2017.
The $148 million sale resulted in an approximate $100 million gain for Medical Properties Trust which plans to use proceeds to make additional investments in US hospital real estate and elsewhere.
One of the most unique parts about the Understory space is the merging of the street and tunnel levels–that's something that hasn't been previously done as entries were not directly accessible from the street level.
Balfour Beatty Communities reports it will perform property management services at Ridgeland Place and will invest in a number of capital improvements at the property.
Houston industrial remains strong, both from the perspective of tenants and institutional investors, driven by job and population growth, as well as a stabilizing oil and gas sector and related industries.
The state's population growth and geographic advantages of being in the center of the Sunbelt and sharing a border with Mexico make it an obvious location for distribution networks and investor interest as a result.