“Golden Age” of Spec Development
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From coast to coast, demand for new warehouse and distribution space is hitting record-breaking levels. According to a recent report from Cushman & Wakefield,1 the U.S. industrial construction pipeline topped 600 million square feet for the first time ever in Q1 2022, with nearly 95 percent of that tally classified as warehouse/distribution product. Net absorption hit a staggering 108 million square feet in Q1, with 10 different markets posting more than five million square feet of new leasing activity from January to March.
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AUSTIN — For the ninth consecutive month, Texas set new job levels for 2022 by adding 72,800 total nonagricultural jobs in July, and total nonagricultural employment reached 13,513,100, according to data released today by the Texas Workforce Commission (TWC).
“Texas jobs are booming, and more Texans are working than...
Governor Greg Abbott has named Arun Agarwal as Vice Chairman of the Texas Economic Development Corporation Board of Directors. The Corporation is the private side of a public-private partnership with the Governor’s Office of Economic Development & Tourism tasked with marketing Texas, domestically and globally, as the best state for...
People buy franchises for two reasons. First, they hope to be backed by experts in running a successful business. Second, they want to attach themselves to a strong brand everyone has heard of. The industry standard for franchisors is to provide training, technology and resources to support their franchisees. They...
The Royse City, TX Community
Royse City combines hometown character with exceptional growth, offering residents and businesses a high quality of life, strong schools, vibrant neighborhoods, and easy access to the Dallas-Fort Worth Metroplex.