April 9, 2015
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In This Issue |
Top Stories
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Advocacy
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Local News
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National News
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Events
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We need big ideas and courageous leaders who will execute them in order to overcome our traffic congestion issues.
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U.S. Economic Conditions Called 'Just Right' for Sustained Growth in Commercial Property Markets Through 2016
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In commercial real estate transactions, whether it’s a purchase or lease, letters of intent are ubiquitous. They appear absolutely harmless. After all, they are nonbinding and only a "tool" for future negotiation, right?
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Will Rainey Street’s newest condominium tower break ground this fall? If developer Sackman Enterprises has their way, the site at 70 Rainey will soon transform into Austin’s newest luxury residential tower to break ground.
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The House’s chief tax policy writer wants to one-up the Senate when it comes to cutting the state franchise tax for all businesses, big and small.
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New York City-based Sackman Enterprises is making its first foray into the Austin market, planning a 35-story mixed-use luxury condo project called SEVENTY RAINEY, to be located in the Rainey Street district, southeast of downtown.
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Austin-area retail real estate broker Carter Bailey has launched Vertique Development, which is poised to break ground this month on a Cedar Park retail project.
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With a strategy that focuses on recession-resilient commercial real estate segments, private equity firm Virtus Real Estate Capital has been active in student housing for more than a decade.
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Orange Coworking will open April 2 at 2110 W. Slaughter Lane, Ste. 160, offering workspace options and access to conference and meeting rooms to Southwest Austinites, owner Shelley Delayne said.
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Pflugerville economic development officials are highlighting the city's racial and ethnic diversity as part of a revived push to market the Austin suburb as a place to do business.
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The news last month that Chicago's Willis Tower is selling for $1.5 billion suggests that the muscular former Sears Tower is now a 108-story bubble on the city's skyline. The sale price sets a new record for commercial buildings outside New York, but it's just one of the many new benchmarks that commercial real estate has set recently. They're fueled in large part by the epochally low interest rates that have prevailed since the country's mid-2000s financial crisis.
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Every year in the United States commercial organizations spend over $350 billion on energy, and it's estimated that more than $70 billion is wasted due to inefficient buildings, outdated lighting, underperforming HVAC systems and so on.
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As Taylor Consulting, Inc. continues to target promising real estate assets in Colorado and Nevada, the company has broadened its search for commercial cannabis properties in more states expected to introduce recreational cannabis legislature in the near future.
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Crowdfunding has become one of the hot topics in commercial real estate, and while many people hope the technique can bring in needed dollars to help finance individual deals, Scott Picken hopes it can change the world.
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Date: 4/21/2015 Time: 11:15 am - 1:00 pm The Four Seasons Hotel 98 San Jacinto Blvd.
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