Potential And Diversity: Why Upper Central Is Thriving
The Upper North Central Expressway corridor (everything north of I-635) is thriving thanks to job growth, a strong labor pool and technology capabilities. As Avison Young principal Chuck Sellers puts it, this corridor checks all the boxes.
But a few stars had to align before the corridor north of LBJ really hit its stride in the office, retail, multifamily and data center markets.
Improved infrastructure with the completion of the LBJ Expressway and Sam Rayburn Tollway boosted…
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Meet The Stemmons Nominees: Exclusive Q&A With Younger Partners Co-Founder Kathy Permenter
Kathy Permenter and Younger Partners, the company she co-founded with Moody Younger in 2012, have racked up a few awards in the last four years. Now Kathy's a 2016 Stemmons Service Award finalist for NTCAR. Kathy's extensive involvement in NTCAR, which she calls one of the best brokerage networking organizations in the area, has been one of the great professional enjoyments of her career. We caught up with her to talk about YP's busy year and what changes will come in 2017.
Bisnow: It's been a big year for you.
Kathy: It's been a very good year with the amount of deals and new clients. We recently started leasing three buildings at DFW Airport and just leased up one of them called 3200 East Airfield Drive.…
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What's Up With That Site Lincoln Property Will Lease For H-E-B?
The mystery of the six former Mynard Sun Fresh stores acquired by H-E-B, the parent company of Central Market, in August has become clearer—slightly.
The grocery giant will turn two of the six stores into Central Markets: the Northwest Highway…
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Everything You Need To Know About H-E-B
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Investor Confidence In US Property Market Pushes CRE Valuations Up In November
Renewed GDP growth, a robust labor market and strong investor confidence in US real estate continued to push commercial real estate valuations up in November.
Overall US CRE valuations rose 1.5% last month, and 8% year-over-year, according to Ten-X's CRE Nowcast report. The online real estate marketplace uses proprietary technology, Google trends data and investor surveys to determine what's happening with CRE pricing in real time.
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5 Big Buys By China's Anbang In 2016
Though Anbang Insurance has walked away from quite a few big deals this year—including the famed $14B Starwood Hotels & Resorts merger—the Chinese group has been on an overseas shopping spree as of late.
Anbang made a splash in US real estate last year with its $2B trophy buy of the NYC Waldorf Astoria, and has worked to one-up that purchase ever since. Here are five big buys from Anbang in the past 12 months.
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