Construction of industrial facilities measuring 1 million sq. ft. or more is strongest in large industrial markets that benefit from the booming e-commerce trend. Since 2010, nearly 90 million sq. ft. of these mega facilities have been completed in the top 10 markets. Click to read the rest of this Article.
See above for how CBRE Research broke down an MVP strategy! “The Houston Super Bowl Host Committee, backed by Rockport Analytics, estimated that Houston would gain up to $350 million in revenue.” Source: CBRE Research, CBRE Hotels, PriceWaterHouseCoopers, Rockport Analytics, Houston Airport System, 2017.
Houston’s industrial market is poised to feel some relief in 2017, a year that has had lots of speculation around the energy market’s recovery and uncertainty around the new Presidential administration, according to an outlook report from Houston-based NAI Partners. Click to read more at Houston Business Journal.
South African-based real estate firm Blazing Meadows Investments LLC has made its foray into U.S. real estate investment by snapping up a Fort Worth shopping center. Blazing Meadows acquired Clifford Crossing, a 4,300-square-foot retail strip center in West Fort Worth, from MG Retail Partners, which developed the property in a joint venture with Fort Worth-based […]