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HOUSTON (Realty News Report) – December 1st, 2017 – Industrial sales are up 127 percent since last year, according to a November report by NAI Partners. So far this year, $984 million in industrial sales have been recorded. Institutional investors have accounted for 38 percent of the deals. Twelve percent of the buyers were REITs, […]
TEXAS (Dallas Federal Reserve) November 29, 2017 – The Texas Economic Indicators report for October 2017 from the Federal Reserve Bank of Dallas saw Texas unemployment falling to a record low of 3.9%. The metric is at its lowest point in the series’ history, which dates back to 1976. The low unemployment figure, combined with […]
AUSTIN (Austin Business Journal) – October 31, 2017 – Office rents in Austin have topped Seattle and the Silicon Valley, according to CommercialCafe’s latest report. A tenant spending $5,000 per month for Class A office space can get 1,087 sf in the Capital City. That trails only Boston, where you could afford 1,006 sf; Washington, […]
CARROLLTON (ALN Apartment Data) – October 20, 2017 – Texas apartment markets added more than 12,000 units over the 3rd quarter, according to the latest report from ALN Apartment Data. “Even with all the new units added, the only Texas markets to have noteworthy negative occupancy growth were College Station and Lubbock,” the report said. […]
FREEPORT, BRAZORIA COUNTY – (Houston Chronicle) October 3, 2017 – DowDuPont will open a new ethylene and plastics plants, the first major ethylene complex along the Texas Gulf Coast. The $4 billion complex is the crown jewel of the old Dow Chemical’s recent $6 billion expansion along the Gulf Coast. The project includes a massive […]