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The Marc does not rely on the university for residents because the population of Bryan/College Station is growing and year-round rentals can capture young professionals and students.
Economic activity has picked up since Hurricane Harvey and job growth is expected throughout 2018 with gains in sectors including manufacturing, real estate, arts and entertainment, and healthcare.
Houston's industrial market remains one of the healthiest in the country, with a vacancy below 6% for eight years, fueled by strong population growth and increased port activity, propelling increasing developments.
This type of development, 27905 Commercial Park Rd., is reflective of the economic boom Tomball is experiencing after the completion of the Grand Parkway.
As the migration of companies and residents to the Houston region continues, the demand for self-storage facilities will expand, which adds to the long-term value and strategically positions assets to perform over time.
Most major Texas MSAs continue to record net population growth and job growth, which help to drive good storage returns, making the Texas self-storage market a good long-term bet.
SOJO Commons provides a choice of housing type, an urban for-sale product, that until recently did not exist in San Antonio, offering a lock and leave alternative to higher HOA-fee condos or older housing.
Investors ranked Houston as a top five target for investment among US metros, whereby 88% of investors plan to either maintain or increase spending in 2018—up from 83% in 2017.