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NEWPORT BEACH, CA—The commercial real estate market will remain strong in 2016 as long as there's no hard landing in China, say Voit brokers speaking recently at the company's economic forecast event here.
HOUSTON--After nearly two years of thoughtful planning with the city of Stafford, Dallas-based StreetLevel Investments and joint-venture partner Provident Realty Advisors Inc. today announced the purchase of 192 acres, which includes the former Texas Instruments (TI) campus. The firm will move forward with plans for the creation of an expansive, mixed-use development, a first for the city.
FORT WORTH--Trademark Property Co., the Fort Worth-based retail and mixed-use development, investment, and third-party services firm, has announced that Phil Pearson has joined the firm as vice president of leasing. A 30-year industry veteran, Pearson will help manage multiple leasing projects for Trademark.
AUSTIN--CBRE|UCR announces Cedar Park Town Center is fully occupied with recent completed leases for Austin-based brands Mama Fu's and Tiff's Treats. The class A regional shopping center was completed in early 2015 and encompasses 332,988 square feet in Cedar Park.
CHICAGO—Strong demand for logistics facilities is expected to remain consistent globally during 2016, according to JLL. And rental growth is projected to continue across all markets of the world in 2016 and through 2017.