Industrial Buildings: From Private Hands to Institutional Buyers

One of the longest running trends in industrial real estate is the shift of ownership from private hands to institutions. Traditionally, insurance companies, pension funds, and real estate investment trusts (REITs) would purchase new developments and industrial parks after they had been leased and stabilized. It served as both a guaranteed exit for entrepreneurial developers […]

Cities Must Know Their Assets—and Have Vision—to Succeed, Say ULI Senior Fellows

Civic leaders, including public officials and private developers, must be proactive and prepared to take risks if they want to develop their cities for the new economy, ULI Senior Resident Fellow Tom Murphy said at the ULI Spring Meeting in Nashville. Cities are facing unprecedented changes in a variety of arenas, including cultural, technological, economic, […]

Outlook for the Texas Economy

February 2019 Summary1 Economic activity moderated but remained positive as Texas enters the ninth year of the business-cycle expansion. Payroll employment grew at a steady pace despite historically low unemployment. Headline wage numbers, however, remained sluggish despite labor-market tightness and decreased inflationary pressure. Energy prices stabilized after a recent bout of volatility, and crude oil […]

State Bills Threaten to Undo McKalla Place Deal for Austin FC

Bills filed in both chambers of the Texas Legislature could upend the deal behind McKalla Place, the new $225 million Major League Soccer stadium scheduled to begin construction in North Austin this fall. “This legislative attack, directed at Austin and no other city (this bill will not impact stadiums around the state) is a competitor’s […]

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BOMA Dallas Lunch & Learn

CREW Houston 2019 Board of Directors

BOMA Dallas Four Guacamole Competition

FBSCR Beth Johnson of Univ. of Houston; Jason Scholtz, Colliers International