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The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.
The chosen developer will design, build, and maintain a sustainable, mixed-use development consistent with DRWC guidelines. Teams are invited to respond to the RFP to develop one or both sites by Feb. 7, 2020.
The venture will seek to acquire Bay Area value-add and opportunistic investments in office, R&D, residential and mixed-use, and the infusion means it can respond to those opportunities with remarkable speed.
Inogen currently occupies two industrial buildings and one call center in Richardson, which will be consolidated into one space to accommodate the company's expected growth during the next 10 years.
Coworking investments are expected to maintain momentum over the next five years as corporate real estate executives continue to view flexible workspace as an essential offering.