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Did you notice the tower crane that appeared in East Austin over the weekend? That was the tower crane for Eastside Village – a mixed-use project at the corner of 6th and Comal with 7,500 square feet of retail space, 348 apartment units, and 94,500 square feet of office space.
Visit http://buildingatx.com/2015/04/crane-watch-eastside-village/ to view the full article online.
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Investment in US commercial real estate this year is expected to be underpinned by two key themes: the advanced state of the cycle and the global macroeconomic backdrop, "which is funneling capital into US assets," write TIAA-CREF’s Martha Peyton and Edward F. Pierzak. But volatility is an important aspect of that macroeconomic backdrop and will also figure in the CRE environment as the year progresses, point out the authors, both managing directors with TIAA-CREF Asset Management.
Visit http://www.globest.com/news/12_1080/national/economy/Volatilitys-a-Theme-Again-for-2015-356728-1.html to view the full article online.
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Researchers are now painting most national office markets as heading out of recession and into recovery. Due to high demand for space and tight supply conditions, owners are taking control back from tenants, signaling a warning sign for occupiers that rents will likely increase in the next few years.
Visit http://nreionline.com/office/most-us-office-markets-firmly-recovery-expansion-mode to view the full article online.
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