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In this second article marking The Inland Real Estate Group's 50th anniversary, vice chairman Joe Cosenza discusses the commercial real estate outlook through the lens of five decades of navigating all sorts of waters.
The national average rent in a high-end building is around $1,640 per month, about $490 more than an apartment in a low-end building, with Dallas rates now clocking in at $1,428 per month on average.
Koontz continues to pursue multifamily, office and industrial in familiar markets with a growth strategy to stay with fundamentals and respond to proven demand with the right product at the right price.
Soon, the Pier 70 28-acre waterfront neighborhood will have new housing, waterfront parks, space for artists and local manufacturing, and rehabilitated historic buildings.
FH Quantum, LLC acquired 3301 Quantum Blvd. in December 2017 from Aetna Life Insurance Co. and is now investing in capital improvements, including a new roof, new HVAC system and upgrades to site landscaping and the surface parking areas, according to C&W.