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Some properties are being sold within two years, and this quick timing was evident with 12 apartment communities that recently sold in North Texas totaling 3,200 units valued at $275 million.
Construction is underway on a 47-story 1-million-square-foot office tower on the 800 block of Texas Avenue, the former site of the Houston Chronicle, and the building will open in late 2021.
“We remain bullish on the current operating environment as well as the long-term fundamentals supporting grocery-anchored shopping centers, and this merger demonstrates our unwavering confidence in the asset class.”
Renewable energy offers an exceptional opportunity to not only reduce consumption of GHG-producing fossil fuels, but also to achieve immense cost savings.
There are increasingly higher rates of enrollment at colleges and universities, ultimately resulting in the urgent need for affordable student housing, and modular construction is a quick and cost-effective option.
With e-commerce precipitating the need for added industrial space, more development is on the way, with Hillwood building two new spec industrial buildings totaling almost 1.3 million square feet at Alliance.