Globest Sectors

Unemployment recently dropped to 2.6%, fueling continued strong demand in the local multifamily sector which continues to drive increased investor interest, and despite the rise in vacancy, demand for office is steady.

The REIT has experienced some setbacks in recent months including a dwindling share price.

As the largest BIA division in the nation, BIASC has a unique opportunity to be the leading voice in the building industry nationally and to leverage its expertise in government affairs, incoming CEO Jeff Montejano tells GlobeSt.com.

The semi-annual Allen Matkins office sentiment forecast—which GlobeSt.com has obtained EXCLUSIVELY—shows a renewed optimism for office investment.

“The rumor deals we're seeing out there have some TIs in the $150 per square foot range and free rent as much as 24 months.”

Prologis COO Larry Harmsen charts the ways in which his company's recently introduced program addresses the normally cumbersome annual reconciliations aspect of leasing in this <b>EXCLUSIVE</b> commentary.

“We are seeing a consistent increase in demand for purpose-built and well-managed student housing.”

Last weekend, Caydon, Hoar Construction and TAS Concrete held a concrete-pouring viewing party to watch the process unfold at 2850 Fannin St., the first high-rise residential development in Midtown.