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June 9, 2022

Houston Has Added More Highly Certified Green Office Space Than Any Other U.S. City

Get Leading Insights Into Houston’s Emergence As A First-Tier Industrial Market Aug. 18

Houston just barely cracks the top 10 American cities for percentage of LEED-certified office space, but developers seem determined to change that.

Per a new report, the city added 5M SF of LEED Platinum space over the past decade or so — the most of any major metro in the country.

Houston Has Added More Highly Certified Green Office Space Than Any Other U.S. City

Houston grew its stock of LEED Platinum buildings by a whopping 445% between 2010 and 2020, growing from just over 1.1M SF of such space in 2010 to more than 6M SF as of 2020, according to analysis from 42floors, using CommercialEdge data. LEED, or Leadership…

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Taurus Picks Up A Dozen-Plus Sun Belt Properties From Houston To Orlando

Boston-based Taurus Investment Holdings has purchased a 1.4M SF industrial portfolio, with properties scattered around the Sun Belt cities of Atlanta, Houston, Tampa and Orlando.

Taurus Picks Up A Dozen-Plus Sun Belt Properties From Houston To Orlando

The portfolio, which encompasses 13 Class-A and B properties, has 51 tenants in total, with an average vacancy just under 4%. Walmart, Raytheon, Iron Mountain, DAP America and SC Johnson are among the properties' tenants.The…

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Seeing Green: Cannabis Can Fill Vacancies, Boost Property Values, But Deals Are Hard To Do

Seeing Green: Cannabis Can Fill Vacancies, Boost Property Values, But Deals Are Hard To Do  

When it comes to making it in the cannabis industry, the journey is not unlike a real-life Squid Game. The potential to win big leads players to take unimaginable risks, but one false move could mean their demise.

The cannabis industry touches almost every commercial real estate asset class, from industrial to retail to office and flex. Despite its many obstacles, a fervent desire by developers to capitalize on the emerging industry is translating to increased demand for space. A 2021 survey by the National Association of Retailers found that in states where recreational or medicinal marijuana is legal, 36% of members had seen increased demand for warehouses, 23% for storefronts and between 18% and 28% for land.

Wendy Berger, founder and CEO of WBS Equities, said CRE investors are bullish on the industry because of its high potential for growth as legalization unfolds. Legal marijuana sales are expected to reach $33B in 2022, a 32% increase over last year's…

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Skyrocketing Rents Deliver 57% Profit Growth To Large Apartment Owners

Skyrocketing Rents Deliver 57% Profit Growth To Large Apartment Owners  

A new analysis of the nation's top apartment owners shows they earned massive profits off of rent increases last year.  The top 10 publicly traded apartment companies saw their net incomes rise 57% to nearly $5B, according to a report released Tuesday from government watchdog Accountable.US.  Those profits in many cases far…

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