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The acquisition expands POAH's footprint in Chicago into three new communities plus the suburb of Harvey and brings to nearly 1,500 the number of apartments the nonprofit has developed or purchased here since 2008.
Tech companies were the largest lessors of US office space in 2018, accounting for more than a quarter of the 311.9 million square feet of new leases, and dominating Silicon Valley at 78.1% of leased space.
Caydon is expanding its first Midtown project with a 2.5 million-square-foot mixed-use development in Houston's Innovation Corridor, between two key employment centers and Texas Medical Center.
A lower cost of living, higher quality of life, diverse economic make up and the state's pro-business stance have allowed Austin to remain the benefactor of significant job gains year over year, says JLL.
The store's 25,000-square-foot lease is a “slam-dunk” with its new concept in retail, says Craig Deitelzweig, CEO of Marx Realty which owns and manages the property.
The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.