RECA Weekly NewsWire
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August 4, 2016 In This Issue
Top Stories
Advocacy
Local News
National News
Events
Austin Tree Experts
Equity Secured Capital
Professional Janitorial Service of TX
Top Stories
If you’re feeling ambitious, you can spend a bunch of time, money and other resources on another broker event. Or, you can leverage the most prolific producer of industry events on the continent and show your space buzzing with industry leaders as they attend topical, informative seminars and can’t-miss networking sessions.

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The recently-published findings validate two key points. Firstly, making buildings more sustainable is a wise investment (it pays). Secondly, tenants care about certification (the badge matters).
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This combination of technology and the demographic shift has changed the traditional concept of work. No longer do you need to work for a massive company as a What coworking means for commercial real estatefaceless employee for your whole career. Forget the typical "nine-to-five" workday; today, employees distribute their work between the hours of 7:00 a.m. and 10:00 p.m., while mixing in a workout class, lunch and some "time away from the desk". It is this flexibility that has changed the way people design, utilize and occupy office space.
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Advocacy
SmartAsset published a report listing the 10 U.S. counties with the most money flowing into them, and Texas is sitting pretty with five counties on the list.
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Local News
A new report from The Weitzman Group, a commercial real estate firm with offices across the state, puts the region’s current occupancy rate at 96 percent – the highest in all of Texas and one of the highest in the nation.
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Austinites have a new way to check traffic conditions before they head out the door.
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A Houston architect is touting a new idea for the Astrodome’s overhaul, urging the county to avoid an indoor park concept and instead strip the structure down to its bones.
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With almost 17,000 apartment units under construction, the Austin metro area is growing its supply of new apartments by 7.7 percent — the second-fastest expansion pace nationally after Nashville, according MPF Research-Real Page, which tracks the apartment market in major metro areas across the country.
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National News
Shoppers are keen to see overt displays of security in malls following several incidents of gun violence in public areas.
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Facebook’s expansion plans in Menlo Park come with a price tag. As part of the social network’s 20-year development deal with the city, Facebook will pay the city annual fees, provide scholarship programs, improve transportation—even fund the maintenance and operation of a neighborhood pool.

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New Hampshire has enacted a public-private partnership (P3) law that allows the state to enter into P3s for infrastructure and transportation projects.
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Alice Rivlin, senior fellow at The Brookings Institution, said tackling the nation’s deteriorating infrastructure could be an economic unifier for the nation, and some changes in tax policy could help the nation’s overall economic picture.
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Events
Date: 8/9/2016
Time: 7:30 am - 1:00 pm

JW Marriott
110 E 2nd Street

Keynote Breakfast + Breakout Sessions + Economic Forecast Lunch

RECA Exchange is our half-day event that brings together hundreds of Austin’s
commercial real estate professionals to network and learn about hot topic issues.
We have expanded programming in 2016 to include additional educational
breakout sessions with plenty of room for attendees.
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