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SAN JOSE—The state was recently recognized for excellence in economic development and job creation, with the America Center providing more than 1 million square feet of LEED Gold office space to Silicon Valley as a leading example.
PHOENIX—After several years of collaboration with the city, redevelopment of this valuable infill site can bring in dynamic new uses that will make it a true urban village for Phoenix residents.
AUSTIN, TX—Efforts are underway in both Austin and San Antonio, TX to improve the healthcare system and manage the demand changes for healthcare real estate.
BEAUMONT, TX—Beaumont and Port Arthur, TX are driven by downstream refining, petrochemical manufacturing and exporting natural gas, each of which are currently thriving.
NEW YORK CITY—Store closings would likely affect loans sooner rather than later, as most of Gap Inc.'s stores in CMBS have short-term leases, Morningstar Credit Ratings says in a new report.
MIAMI—“Vacancy is steadying at its lowest level in years at under 4%, and we are forecasting the trend to continue throughout the remainder of the year.”
LOS ANGELES—Colony Capital disposes of an office property in El Segundo because of the strong and “blossoming” El Segundo market conditions, another example of the rising values.
HOUSTON--The May job numbers got you down? Transwestern's Nick Hernandez has an outlook that might just be the cure for those post-unemployment-stat blues.