Globest Sectors

DALLAS—A research-based energy optimization program promising dramatic cost savings and benefits to commercial tenants and property owners debuts at ULI's Fall Meeting, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

BAYTOWN, TX—The Aria at Rollingbrook multifamily community is adjacent to ExxonMobil, Chevron Phillips petrochemical plants and accessible to Gulf Coast's downstream energy construction boom.

REDWOOD CITY, CA—Features include WiFi hubs on each floor, keyless fob access, Nest learning thermostats and thermal solar water heaters, while the building is pre-wired for Google Fiber, a 1 gigabit service up to 100 times faster than standard high speed Internet.

NEW YORK CITY—The retail brokerage professional joins his new firm as an SVP.

Investors are closely monitoring the e-commerce industry's effect on the South Florida retail market.

DALLAS—Proceeds from the sale to building materials supplier 84 Lumber will be used “to reinvest in high quality assets more consistent with our current investment philosophy,” says Spirit Realty president Jackson Hsieh.

SOUTH FLORIDA—The sector is a preferred asset class for investors looking to deploy capital in South Florida. But with so much inventory coming online, lenders are beginning to pull back.

LOS ANGELES—An expert group of panelists at last week's RealShare Apartments conference say that there are some core markets, especially in the gateway cities that are being overbuilt.