The good news is that the markets with the most new construction will be able to handle the resultant vacancy challenge. The bad news…well, according to Marcus & Millichap’s Adam Lewis, there isn’t any.
“Now the critical mass of supply deliveries is weighing on the sector,” says Peter Muoio with Ten-X.
Here’s a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.
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