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HOUSTON—Construction wages in Houston are among the lowest in major US markets and thus had further room to increase compared with already high-cost markets such as New York, Chicago and San Francisco.
DALLAS—Worth Coworking LLC is bringing upscale coworking network to the metroplex as a Serendipity Labs franchisee with its newest location set to open in 2017.
AUSTIN, TX—Employment in the construction occupations increased in Austin, Dallas/Fort Worth and Houston between 2005 and 2015, with relatively minor housing market corrections in those markets.
WASHINGTON, DC—“There can be no doubt that a healthy, growing US economy depends on well-managed and operated office space, as do the jobs and wages supported by the commercial real estate industry,” says Stephen Fuller of George Mason University, author of BOMA International's biennial report on the sector.
LOS ANGELES—The Berkshire Group plans to renovate the exterior and interior of One Santa Fe, a DTLA new construction apartment complex the firm purchased earlier this week for $200 million.