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After Harvey, Houston built a strong foundation with economic engines centered around energy and medicine, post-secondary education and an affordable cost of living, says Rand Stephens of Avison Young.
CRE firms are sending rent proceeds to healthcare workers on the front lines, donating space for medical facilities and storing supplies, and encouraging donations to local neighborhoods in need.
LCLV will invest across tier I and tier II cities located in China's key logistics regions, including the Yangtze River Delta (Greater Shanghai), Bohai Bay (Greater Beijing) and Greater Bay (South China).
E-commerce is expected to grow and with it last mile distribution centers but the future is less bright for industrial users catering to cruise lines, airlines and conventions.
With extremely low vacancy in the Laredo market, this I-35 Logistics Center should provide some much-needed relief to the area and provide tenants with previously lacking new space.
Corbett Nichter of Adolfson & Peterson Construction, recently shared insights on how the company is taking steps to keep job sites healthy, working with trade partners to keep business moving and filling the product gap.
PBV Logistics Center purchased the multi-building center in a 1031 exchange following its disposition last month of a 526,320-square-foot industrial property in Winston-Salem, NC.
The Labor Department reported that 214,836 workers filed for unemployment during the week of March 29-April 4, up from 206,253 the week earlier (March 22-28) and 155,815 during the week of March 15-21.
Brennan Investment Group purchased five buildings in different locations and then sold them to a local Florida investor through Brennan's national buyer contacts.