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“With unemployment below 4 percent, companies are focusing on making smart decisions about their space – decisions that keep their employees happy and engaged,” says Revathi Greenwood, Americas head of research at Cushman & Wakefield.
With apartment demand rising, a vacancy rate near or below 4% and regional unemployment at its lowest level since late 1990s, many investors are investing in fully renovated core assets in core markets.
As the most populous city in the US, New York has been seen as a magnet for talent and innovation, as well as one of the more desired locations for the increased interest in urban living.
In this <b>EXCLUSIVE</b>, CBRE's Kramp observes that more than 71 million square feet of industrial was delivered to market in DFW since 2015 and another 71 million square feet was delivered in two years.
By developing an accessible hub of creativity, an array of artists and art lovers can gather at the MATCH, an arts and theater center, to enjoy Houston's eclectic but previously decentralized art scene.