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Auto repair and collision centers have become an attractive niche for real estate investors seeking safe alternatives, i.e. Internet-proof investments that offer the potential for steady cash flow.
In early September, the situation appeared to be improving with the amount of algae declining and test results showing no toxins, but as of late September, algae is covering one-fourth of Red Bud's surface at Lady Bird Lake.
Midtown has the majority of large office blocks and its office availability has increased by 80 basis points over the past quarter to 11.6%, a two-year high.
Real estate decision-makers are trying to decode market messages and the movements of leading institutional investors, said Tim Lee, principal at Olive Hill Group.