Although economic activity has been strong, and unemployment low, investors will tread carefully in the midst of the potential effects of the evolving trade tensions.

Rising office rents and a strong economy have fueled owner-user demand, but with limited supply, there aren't many options for small businesses to purchase office space.

PacVentures has been a Brownsville submarket owner for many years, steadily increasing its presence with the recent acquisition of vacant land next to the NAFTA Business Park and a 10-building industrial portfolio.

With this deal, the Rudin family's Plaza District tower is 100% leased.