You Come Face To Face With The Most Overlooked Building Amenity Every Day
The amenities arms race often focuses on what a tenant uses within a building — fitness centers, tenant lounges and loaded technology packages. But one amenity is often overlooked even as people interact with it daily.
Savvy developers have come to realize that thoughtfully curated public art that stands out while blending in with a building's overall function can attract and maintain tenants.
CBRE Vice President Cody Hundertmark said the value public art adds to an asset cannot be measured with dollars and cents. Art enhances a building's buzz.
“There is no question that investors and tenants alike appreciate quality that extends beyond…
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I-35 Corridor Picks Up 600K SF In Industrial Space
The Interstate 35 corridor between Austin and San Antonio will add another 600K SF of speculative industrial space with the approval of a local incentive deal Buda and Hays County have signed with Exeter Property Group.
Pennsylvania-based Exeter Property Group focuses…
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Austin Sports Entrepreneurs Propose Multi-Use Stadium, Arena At Expo Center
Newly formed Austin Sports & Entertainment, working with Rodeo Austin, has proposed replacing the Travis County Expo Center with a large arena and 15,000-seat stadium.
The so-called East Austin District would incorporate a 15,000-seat arena adjacent to a 40,000-seat open-air facility,…
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CVS-Aetna $69B Deal To Transform Retail Sites Into Community Healthcare Hubs
In a move that analysts predict could disrupt the healthcare industry like Amazon's Whole Foods Market acquisition disrupted retail, CVS Health will acquire Aetna for $69B and leverage its retail footprint to create one-stop-shop healthcare clinics across the U.S.
The goal is to bridge the gap between doctors, pharmacists and other healthcare professionals for consumers, making access to healthcare benefits less expensive and the physical act of going to the doctor or picking up prescriptions more seamless.
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Uber Elevate Official Real Estate Partner Dishes On Delivering Flying Cars By 2024
Uber Elevate, Uber's flying transit system, is slated to come to DFW in 2024, and Hillwood Properties is the official “Vertiport” development partner in North Texas.
Hillwood Properties President Mike Berry explained the partnership at Bisnow's Big South Office Event.
“For real estate, how we plan, all of us plan, for ‘Vertiports' in our projects, if you believe in it, whether it be on top of parking garages, on top of your building or on a pad site adjacent to your building, that is the role Hillwood is playing in this whole process,” Berry said.
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Dry Powder Is Stacking Up In Midwest Multifamily Real Estate As Investors Wait For Deals
Acquisition opportunities for multifamily investors in 2017 have been slim as a record amount of capital flowed into the debt and equity space, and the members of the private equity and investment panel at Bisnow's Big Midwest Multifamily event last Wednesday have had to exercise patience.
Robert Bollhoffer, managing principal of workforce housing specialist 29th Street Capital, said 2017 was his firm's slowest year ever. To date, 29th Street Capital made two acquisitions and 14 dispositions. Bollhoffer said 29th Street Capital typically does 25 acquisitions annually.
"We…
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