In Wednesday’s commercial real estate news – we’ll look at how damage from the hurricane season might become an opportunity for investors, how Sears Canada will liquidate with the loss of 12,000 jobs, how apartments rents are growing the most in former housing crash cities, and more.
Already, there has been talk of investors coming into the Houston region—whether from institutional or opportunity buyers—but little action, says Chris Clothier.
The company said it didn’t receive a viable bid to keep the stores operating as a going concern.
Today, no major metro areas have annual rent growth of more than 10 percent.
If you look at some of the e-commerce ideas Walmart has rolled out more recently, they are actually – gasp – innovative.