CRE Opinion: Texas heads to Vegas to spread the great news

Next week, the national and international retail real estate industry will converge in Las Vegas for what we call the greatest show in retail. The International Council of Shopping Centers RECon show—ICSC for short—is expected to attract 35,000 or more retailers, retail brokers, developers, managers, investors, economic development directors, vendors, and more.

Everyone at ICSC will be looking for the next opportunity. And we believe that nowhere in our great nation offers more opportunity than Texas. A quick review of our four major metros supports that belief. Currently, Dallas-Fort Worth, Austin, Houston, and San Antonio report their highest retail occupancy rates in years.

Click to read more at www.dmagazine.com

D-FW ranks second nationally for office building and leasing

North Texas’ booming office building market has landed near the top of another ranking.

The Dallas-Fort Worth area ranked second only to California’s Silicon Valley as the top office leasing market in the U.S. for the 12-month period ending in the first quarter, according to commercial property firm Transwestern.

Seattle and Northern Virginia were third and fourth on the net office leasing comparison.

Click to read more at www.dallasnews.com

How Technology Is Creating Opportunities For Women In Real Estate

Women excel at being real estate brokers and property managers. However, being an investor in real estate has been a private club for men only. Financially, such investment was out the reach of many women, especially women of color. And because women weren’t part of the “club,” they didn’t learn about investment opportunities. Fintech, and more specifically crowdfunding, is changing that. Women can join together with their friends or others to invest.  

Click to read more at www.forbes.com

M&A Ignites Animal Spirits In REITs

Summary

REIT M&A seems to be in high gear.

The VNQ is poorly positioned for this environment.

Stock selection is more crucial than ever.

With M&A kicking off in the REIT sector, many investors are coming into the space causing a nice recovery in April and early May, making up a good portion of the losses at the start of 2018.

Click to read more at seekingalpha.com

San Antonio City Council waives $1.5 million in fees for new H-E-B facility

City Council members on Thursday voted to waive up to $1.5 million in city and utility fees for H-E-B’s planned 1-million-square-foot distribution and manufacturing center on the city’s East Side.

The ordinance, approved without debate by an 8-0 vote, waives up to $1 million in city development fees and up to $500,000 in SAWS water and sewer impact fees for the roughly 870-acre site at the southwest corner of East Houston Street and South Foster Road.

Click to read more at www.mysanantonio.com

Here’s what developers are planning at Braniff Airways’ old digs at Love Field

When Braniff Airways opened its new operations center at Love Field in 1958, crowds of people came to tour the three-level building on Lemmon Avenue.

Braniff’s base was even bigger than the new Love Field passenger terminal across the tarmac.

The ultra modern building had offices in front and hangars out back that were oversized to accommodate the new Boeing 707 “jet liners” Dallas’ hometown airline was just putting into service.

Click to read more at www.dallasnews.com