The commercial real estate landscapes in South Texas and the Rio Grande Valley (RGV) are ripe for new speculative industrial building projects. Speculative buildings, or "spec buildings," are constructed without a committed tenant, offering flexible and ready-to-occupy spaces for businesses looking to expand or relocate quickly. This trend is transforming South Texas and the RGV into a hub of opportunity and growth. Why South Texas and RGV? - Strategic Location: Proximity to major transportation routes and ports. - Economic Growth: A thriving economy with a business-friendly environment. - Skilled Workforce: Access to a diverse and skilled labor pool. Benefits of Speculative Buildings: - Speed to Market: Businesses can move in and start operations faster. - Flexibility: Customizable spaces to meet specific needs. - Modern Amenities: State-of-the-art facilities designed for efficiency and productivity. Reach out to South Texas Facility Partnership (STFP) and let’s discuss the opportunities. #CommercialRealEstate #SouthTexas #RGV #SpeculativeBuilding #BusinessGrowth #RealEstateDevelopment
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See why "It Sure is Good to be in Texas" in the latest issue of Texas Real Estate Business! Proximity to Mexico’s manufacturing base and sustained interest from lenders help industrial developers and tenants overcome barriers to growth that are beyond their control. By Taylor Williams; insights from –?Conrad Madsen, SIOR ??, Paladin Partners Commercial Real Estate Services; Charlie Meyer, Lovett Industrial; Cliff Booth, Westmount Realty Capital, LLC; Bill Baumgardner, VanTrust Real Estate. Embracing Safety Culture in Industrial Design Beyond the obvious benefits, implementing safety-oriented protocols also helps create efficiencies. By John Haba, Gensler Inside the Issue: The Secret to Industrial Supply Growth in Central Texas? Specifically with regard to Central Texas, where population growth has occurred with remarkable speed, the presence of key utilities and services can make or break a project. By Taylor Williams; insights from – Josh Schneuker, City of Seguin; Tom Long, Temple Economic Development Corporation; Cameron Goodman, CEcD, City of Georgetown; Scott Smith, City of Cedar Park. How Modern Residences Can Effectively Combat Climate Change From the initial purchase of a property through the life of owning it, these are some simple steps that single-family owners and renters can take. By Richard Ross, Quinn Residences Read the issue: https://lnkd.in/eHG6XVsV #CRE #Texas #TexasCRE #Industrial
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CT Group's recent survey on public perceptions towards development states that the most popular place to build new homes is Brownfield sites.?Nimbys and Yimbys alike are in agreement that this option is the most favourable.?The next most popular place to build new homes is in existing urban areas showing support for densification.? ? Follow our page for a series of insights on public perceptions on real estate and infrastructure.? ? CT Group is a global consultancy that combine expertise in research, intelligence, campaigns and advisory services. For more information, please visit ctgroup.com #brownfield #housing #newhomes #planningreform #planning #development #realestate #brownfieldfirst John Walker, Liza Wallace, Wyatt Getty
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Our team is excited to be in the market with a fantastic "last mile" covered land play in Northeast DC! 1818 New York Avenue NE includes 3.13 acres of PDR-2 land with 700 feet of high visibility frontage along New York Avenue (Route 50). The site can be developed with a maximum FAR of 4.5 times the lot area (136,675 sf) under the existing zoning regulations. The comprehensive plan designation for the Property was recently changed from PDR (Production Distribution and Repair) to a mixed-use designation of high density commercial, high density residential and PDR, affording additional optionality. The Property’s 1.5 year weighted average lease term allows new Ownership to quickly commence redevelopment of the site. In the near term, the Property generates more than $1.6 million of Net Operating Income and is 96% leased. The in-place leases contain landlord-friendly termination options for development. For more information, please reach out directly to myself or a member of my Avison Young | US Capital Markets Team: Jonathan W. Hipp, Tim Farrell, & Jeff Thomas * Deal room access via link in attached teaser #avisonyoung #capitalmarkets
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Exciting times ahead for industrial real estate in Central Florida! The latest leasing data from CoStar reveals a trend of compressed vacancy and high absorption in small to mid-sized industrial buildings. With space becoming increasingly scarce (1.7% - 2.6%), we're seeing rising rents—a clear indicator of a thriving market. For savvy investors, now might be the perfect opportunity to capitalize on these favorable conditions. Considering disposing of high-performing assets closer to desired exit cap rates could be a strategic move in this dynamic landscape. Check out the insightful article for a deeper dive into the recent leasing data and stay ahead of the curve in the Central Florida commercial real estate scene: https://lnkd.in/eprBxxcZ #CRE #CentralFlorida #BrevardCounty #TampaRealEstate #OrlandoRealEstate #RealEstateInvesting #ContactPlatinum
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In a monumental development that's set to change the landscape of New Braunfels, Texas, a 50-acre project is all set to move forward after clearing a significant regulatory hurdle. This project, located at the gates of the iconic Gruene Historic District, definitely signals an exciting time for the local community and the development sector. Here are some insights on the development: - The 50-acre property carries the opportunity for coordinated efforts to revamp crucial urban infrastructure along the city’s prime historic chokepoint. - It signals an upswing in the construction industry, indicating bolder investor appetite for ambitious projects. - The expected influx of commerce and residency in this area stands to bolster the local economy at a more accelerated pace. As we look into the future, we can anticipate some potential ripple effects: - Sensitive and adaptive reuse of the site could see it transformed into an economical and social hub – adding another layer to the tourism magnet that is the Gruene Historic District. - Increased development can translate to rising housing prices, and therefore, might also echo a potential challenge for affordable housing in the region. - The heightened activity in the area can act as a catalyst for increased traffic along with it mildly impacting the charm of this historic district. Nothing promotes growth quite like successful urban development, and this project stands as a testament to the fact. However, the key lies in maintaining a delicate balance between modern needs and conservational interests. The onus is now upon the developers, planners, and the local community to translate the project’s potential into a progressive yet considerate upgrade for the Historic District. #UrbanDevelopment #HistoricalPreservation
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Did you know St. Charles County is leading the region in new development and absorption? Check out this article to learn more about how the new construction deliveries in St. Charles County are affecting the STL market's absorption.
Two Areas Drive Apartment Demand Across St.?Louis
costar.com
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Hot off the press from NAIOP Maryland - the article below provides insights from industry experts into the state of the industrial market in the region including the significant economic impacts of the planned Sparrows Point Container Terminal by Kerry Doyle. Give it a read! #IndustryinMotion #DecadeinMotion #IndustrialConstruction #RealEstate #NAIOP
Industrial market contends with complex conditions - NAIOP Maryland Chapter
naiopmd.org
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Approximately 30 people are moving to Northwest Arkansas daily, and the influx is reflected in the commercial real estate market. Chris Moses, principal, president, and CEO of Moses Tucker Partners, spoke on the effect of construction costs and interest rates in the market: “We’re just waiting on a rate relief and for construction costs to come down,” Moses said. “We need some relief in the debt market. Construction materials are starting to drop a little, but nowhere near pre-COVID levels.” Given the environment, Moses said the market is seeing a lot of adaptive reuse, which refers to the process of reusing existing buildings for purposes other than those which they were built or designed for. It is employed to optimize the commercial assets of existing but perhaps outdated buildings. For the full article, visit https://bit.ly/4c2puFO #NWA #NorthwestArkansas #Arkansas #CRE #CREDevelopment
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Orlando's #industrial market has been expanding at a brisk pace since the onset of the pandemic, supported by strong and steady #demand for space that has placed the market first in the nation for (wait for it) three straight quarters now. That same pace of demand has also been ebbing away at #availabilities in smaller buildings, with #vacancy in buildings under 100,000 SF fairly tight, and quality space in buildings 25,000 SF and under very hard to come by in Central Florida. What sectors have been fueling the demand, and how do the markets measure up? CoStar subscribers can read on for my latest story. #centralflorida
Space in Small to Mid-Sized Industrial Buildings Increasingly Scarce in Central?Florida
costar.com
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