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Even as retail is tied with industrial for the best value, Situs RERC's Kenn Riggs says that “pricing for high-quality retail is holding up although the market is quiet on the transaction side."
On a more positive note investing conditions grew modestly stronger in many metro markets during the quarter compared to the preceding quarter, according to Freddie Mac.
CenterCal Properties' new 375,000-square-foot retail, dining and entertainment destination, The Veranda, has a musically choreographed $1.7 million water feature, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Neighborhood centers are likely to see pressure on pricing if existing grocery stores in those properties struggle to compete with the Whole Foods-Amazon combination, says Altus Group's Richard Kalvoda.
Only three multifamily properties have been built in Flower Mound within the past 17 years; it and the Mansfield submarkets are two of the strongest in Dallas/Fort Worth and high on the list for active buyers.
AHV Communities founder and CEO Mark Wolf recently discussed land strategy, labor and material costs, investor trends, buyer and renter demographics, and building and design trends in this <b>EXCLUSIVE</b>.