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Absorption rate gains were concentrated in distribution properties located in core markets such as Dallas/Fort Worth, which also had some of the highest number of rooms under construction at 7,047.
The US Energy Information Administration forecasts that West Texas Intermediate crude will be priced at an average of $51 per barrel in 2018, continuing a stabilization of energy pricing that prevailed in 2017.
Overall, commercial property pricing slipped in November for the seventh consecutive month, a trend that Ten-X's Peter Muoio says is a reflection of ongoing investor wariness.
“The company's strong track record with complicated portfolio transactions” made Harbor Group International the choice of seller Lone Star Funds, says HGI CEO Jordan Slone.
It isn't only growers that are creating new real estate demand, but the ancillary businesses like fan manufacturing and soil specialists that will also grow as a result of legalization.
Listening to stakeholders and being sensitive to the historic nature of the land are key to successful developments, say developers of projects around San Diego at Tuesday's CREW lunch event.