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The commercial real estate market recorded another good year in 2017, and it is not running on fumes yet, according to Dave Schmidt at Colliers' Trends event recently held in San Jose.
This 8.2 million square feet is a 75.6% increase from 2016's total, essentially equivalent to adding an additional Plano office market to the region, says Transwestern's Ryan Tharp in a recent analysis.
WASHINGTON, DC--MRP Realty partnered with Westbrook Partners in its purchase of Windsor at Arbors and the property traded for $100 million or $250,000 per unit.
Underpinning office demand in Dallas are strong demographics, growth in the professional/business services sector and an unemployment rate of 3.2%, well below the national average, says Ten-X.