El Paso Industrial Market: The Birth of The ‘Borderplex’

By Josh Meredith, director of development, VanTrust Real EstateSharing a 2,000-mile border, Mexico and the United States trade over $500 billion worth of goods and services each year, representing our country’s second-largest trade partnership.Impressively, over 20 percent of this exchange travels through the El Paso, Texas, port of entry, according to the Texas Comptroller of Public Accounts. This movement has deemed the El Paso/Ciudad Juarez (Mexico) region as one of the most …

April 20, 2022Industrial, Market Reports, Texas, Texas Market Reports

What’s New With Industrial Deals in Texas?

With each year that passes in the current cycle, industrial real estate, along with multifamily, becomes more deeply ingrained as a darling asset class among commercial developers, lenders and investors. For all the talk about Americans being social creatures, there remains a massive contingent of the population that, when it comes to shopping, overwhelmingly prefers the convenience and relative anonymity of e-commerce. What started out as pandemic-related justifications for buying goods …

April 5, 2022Industrial, Leasing Activity, Market Reports, Texas, Texas Market Reports

Texas Multifamily Developers Carefully Scrutinize Product Types

By Taylor Williams From sprawling garden-style complexes in the suburbs to wrap-style construction and high-rise buildings in the urban core, multifamily properties come in many shapes and sizes. And in Texas, all of these product types are in high demand. Consequently, developers have generally seen healthy paces of rent growth over the last decade. But with each year of cyclical maturation, land becomes more scarce, construction grows more costly and more communities come on line, making …

March 29, 2022Development, Market Reports, Multifamily, Texas, Texas Market Reports

San Antonio Retail Market: The Beat Goes On

By Steve Monroe, CCIM, San Antonio market manager, Oldham Goodwin The past year has seen steady improvement in the key performance metrics of the San Antonio retail market. Two years ago, participants in the retail sector, both local and national, were understandably preoccupied with questions about how the COVID-19 pandemic would impact retailers and owners of retail properties. The shift toward online shopping had begun several years earlier, and there was great fear that the pandemic …

March 22, 2022Market Reports, Retail, Texas, Texas Market Reports

San Antonio’s Multifamily Market Is Finally Getting the Attention It Deserves

By Tim Harris, vice president of multifamily development, Rosewood Property Co. San Antonio’s multifamily market is realizing its own potential. New nodes of development are emerging, and new projects are meeting pent-up demand for higher-quality renter experiences. Today, developers are building multifamily projects that they wouldn’t have considered five or 10 years ago. They’re no longer stuck in their comfort zones, afraid to venture into new submarkets. And they’re no longer …

March 15, 2022Market Reports, Multifamily, Texas, Texas Market Reports

Spotlight on Tulsa: A Hidden Gem for Commercial Real Estate Investors

By Lanie Beck, director of corporate research, marketing & communications, Stan Johnson Co. Situated on the banks of the Arkansas River in northeast Oklahoma’s Green Country, Tulsa is a hidden gem for residents, employers and commercial real estate investors. Once recognized as the oil capital of the world, Tulsa has become a growing economic base for a variety of industries, including energy, finance, aviation, telecommunications and technology. Attractions and features of the city …

March 8, 2022Market Reports, Oklahoma, Texas, Texas Market Reports

OKC Industrial Market Sees Record Development, Low Vacancy as 2022 Begins

By Randy Lacey, SIOR, senior vice president, CBRE | Oklahoma City; and Chris Zach, CPA, associate, CBRE | Oklahoma City Contrary to popular belief, the ongoing pandemic has been a boon to many aspects of the Oklahoma City economy. Industrial real estate growth has been more prominent than any other commercial sector. Those familiar with the city and surrounding area can vouch for the speed and intensity of housing demand and development, but industrial real estate has set itself apart over …

March 1, 2022Industrial, Market Reports, Oklahoma, Texas, Texas Market Reports

Industry Professionals Across Texas Share Views on Macroeconomic Challenges via Exclusive Survey

By Taylor WilliamsIn late October, Raphael Bostic, president of the Federal Reserve Bank of Atlanta, gave a virtual speech in which he carried a glass jar with the word “transitory” labeled on it.Inside the jar were wadded-up dollar bills, deposited by Bostic’s staff members each time they used the word “transitory” to describe the surge in prices of consumer goods and services. The exercise was meant to dispel the notion that the current inflationary environment would be …

February 15, 2022Market Reports, Texas, Texas Market Reports

Texas Retailers Still See Major Value in Mixed-Use Settings

By Taylor Williams The factors that have long enticed Texas retailers and restaurants to locate in mixed-use environments are back in full force, such that these users are once again willing to pay a premium for spaces built-in density and walkability. In some ways, this trend never really disappeared in Texas, one of the first states to reopen during the early months of COVID-19. Through measures passed in 2020 like sanctioning to-go alcohol sales and allowing businesses to stay open, …

February 8, 2022Market Reports, Mixed-Use, Restaurant, Retail, Texas, Texas Market Reports

Slow-But-Steady Recovery Ensures That Dallas Remains a Top Office Market

By Mike Otillio, research director, Colliers The Dallas office market and North Texas region as a whole continue to evolve as leading destinations for corporate relocations, led in part by a favorable business climate. This reputation as a top landing spot for regional workforce consolidations and outright relocations from other states has helped Dallas become a national leader in some key back-to-work metrics. According to research from security firm Kastle Systems, which monitors …

February 3, 2022Market Reports, Office, Texas, Texas Market Reports