Houston

Emerson Apartments, located at 1221 New Meister Ln., was sold pre-stabilized upon completion to a private buyer at an undisclosed sales price, in a transaction of benefit to the developer and buyer.

East Downtown and the lower part of the Second Ward, as well as a couple of blocks of the Greater Eastwood neighborhood, have recorded the third highest gentrification coefficients nationwide.

Here's a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

Despite stagnant data center demand from the oil and gas industry, Houston's data center market boasts several positives from year-end such as boosts from the healthcare sector, telecom and technology.

Developers are poised to take advantage of the lack of inventory in the near future and with the market tightening, rents may start to increase and distribution buildings will likely break ground, McGee says in this <b>EXCLUSIVE</b>.

While there is a steady and growing investor appetite for grocer-anchored assets, actual store expansions have slowed slightly following years of aggressive growth in Houston and elsewhere.

Investors are seeking attractive fundamentals and solid value-add opportunities in well-located submarkets; a recent example is the acquisition of the 141,480-square-foot One Northwind Plaza.

In this <b>EXCLUSIVE</b>, ARA Newmark says the strongest interest is coming from well-capitalized private buyers in US and often Mexico, and agency financing remains attractive for existing multifamily.