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Tesla Inc.'s latest gigafactory will be built on 2,000 acres some 15 minutes from downtown Austin, CEO Elon Musk announced during the quarterly earnings call on Wednesday.
Is being underestimated the biggest challenge to overcome or was it one of the easiest? Women from this year's Woman of Influence feature in GlobeSt Real Estate Forum talk about obstacles they have faced in the industry.
Most inventory added in Q2 since 2017, with strong absorption rates and slight increase in rents. Sales have slowed to a crawl, but Colliers sees "a conglomerate of deals" once pandemic conditions improve.
Even with more intensive cleaning, the less-contact approach to combating the virus may lower hotel costs, the executives said, especially if front desk staff is reduced in favor of cell phone check-in procedures.