Regions Southwest
Dallas-Fort Work Metroplex Draws Renters
May 6, 2008

Dallas/Fort Worth will remain economically strong this year, according to a first-quarter report by Marcus & Millichap Real Estate Investment Brokerage Co. Driven by business expansion and corporate relocations, local employers are anticipated to create 35,000 new jobs this year. Following are some of the most significant aspects of the Dallas/Fort Worth findings: the rate of employment growth will increase of 1.4 percent; developers are expected to expand for-rent inventory in the Metroplex by 1.5 percent this year with the addition of 8,000 units; vacancy is forecast to end the year at 6.4 percent; asking rents are projected to reach $788 for apartments per month by year end, while effective rents will climb to $721 per month, annual gains of 3.3 percent and 3 percent, respectively.

 
Recent Southwest Headlines
Fund Invests $44M in Texas, Ohio Student Housing
Aug. 27, 2008
The Place/BV Student Housing Fund L.L.C. continues to make investments in student housing facilities across the United States, with two more announced today. The properties will be developed in Texas and Ohio for $44 million with completion set for next summer.
tedhamilton1.jpg Dallas Keynote Sees Continued Movement to Urban Living
Aug. 26, 2008
Demographic factors, rising gas prices and changes in Dallas zoning laws have all combined to create a movement toward revitalizing Dallas Fort Worth’s urban core, according to Ted Hamilton, president of Hamilton Properties, who keynoted this morning’s CPN-sponsored Dallas-Fort Worth Property Opportunities Conference.
A&B Sells Austin-Area Retail Center, Eyes Savannah Industrial Market
Aug. 26, 2008
A&B Properties Inc. has sold Boardwalk Shopping Center--a 184,600-square-foot retail center on 21 acres in the Austin submarket of Round Rock, Texas--with intent to reinvest the proceeds in another the burgeoning Savannah, Georgia, industrial market.
stonelake Northland Nabs Austin M-F Portfolio for $270M
Aug. 25, 2008
Touting it as the largest apartment deal in Austin’s history, Northland Investment Corp.’s Northland Fund III has acquired a portfolio of nine Class A communities with 2,985 apartment units for $270 million from Equity Residential Properties Trust.
Amazon Leases 513,000-SF Warehouse Outside of Phoenix
Aug. 22, 2008
In an effort to accommodate increasing demand, Amazon.com recently leased a 513,000-square-foot warehouse in Goodyear, Ariz., from Duke Realty.