June 29th, 2018
Middle Market Digest: This Week In The South And Mountain Regions
Original Article by Lisa Brown for GlobeSt.com
While struggling through international tariffs and a new tax framework, commercial markets are poised for positive results throughout 2018, according to the SIOR CRE Index. The majority of SIOR members expect conditions to improve. With a value of 100 on the index indicating a balanced market, the national index closed the first quarter of 2018 at an all-time high of 134, creating a positive expectation for the remainder of 2018. SIOR members experienced gain in fundamentals such as leasing activity, rent stabilization, new construction of office and industrial spaces, and development conditions shifting in favor of sellers. The addition of more than 230,000 new jobs in healthcare and business services position the market for an upswing.
DRIPPING SPRINGS, TX—Headwaters, the 1,035-acre community under development by Freehold Communities, includes extensive amenities: broad greenbelts, five protected hilltops, split-level pool, Wi-Fi café and eight miles of trails. It also has something likely no other US community has: A star-gazing amphitheater. As the first Dark Sky Community in Texas and a member of the International Dark-Sky Association, Dripping Springs requires smart lighting solutions that reduce glare and sky-glow to protect the night sky. Headwaters has carefully chosen lighting options that comply with stringent light-pollution-reducing guidelines without sacrificing the community aesthetic.