Welcome to the Tenavox Weekly News Roundup!
We're sending out a weekly collection of great articles and newsworthy content in the commercial real estate industry with a special-tilt towards businesses and tenants.
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Trending this Week...
There is an Unexpected Threat to Supply Chain and the Real Estate that Supports it—3D Printing
3D printing is a process that allows manufacturers in any part of the world to use computerized technology to design, build, and print a product. This is a welcome change for foreign manufacturers who are looking to bypass a difficult import processes by simply transmitting their designs to 3D printers in the United States But from the perspective of industrial and logistics-centric real estate professionals, 3D printing is a legitimate threat to classic supply chain management and the real estate that supports it.
As Whitebox Real Estate co-founder Grant Pruitt put it, "The biggest disruption is going to be in the demand for industrial space, and I venture [there will be] a lack of demand in some of the traditional markets on the coast”. Read the full story here.
Latest Development News
This section highlights some of the development news and completed projects to watch for in your market. For more information on market trends, rents and more visit our Houston or Austin City Pages.
On the outskirts of the Houston area, an east Montgomery County industrial park recently received a $1.5M grant to construct a new 30,000 SF office building. In Grapevine, developer NewcrestImage is building an 80K SF office building, and in Plano, plans were recently announced for Granite Park Six, an 18-story, 415K SF office tower within the 90-acre mixed-use Granite Park development.
Latest Leases Signed
This section highlights some of the leases signed and deal terms to watch for in your market. For more information on market trends, rents and more visit our Houston or Austin City Pages.
Redwood Software officially leased a 8,000-square-foot office in Frisco’s tallest office building, located in the Hall Park office campus that is home to a total of 2.5 million SF of space in 17 buildings. Meanwhile, California-based Bluebeam Inc. has leased 20,000 SF of space in the One McKinney office tower in Uptown Dallas.
Everything a Tenant Needs
If you enjoy reading, our comprehensive book is written for business owners looking to occupy space. Get the whole book, 100 percent free.
Why Hiring a Tenant Rep Matters
In this article from our blog, we speak with Ted Rohan, a Senior Associate with Avison Young. Learn about how hiring a tenant rep can help you during lease negotiations, especially in the high-demand Austin office market.
Learn more about commercial real estate leasing and check out our Latest Blogs and our Learning Center for awesome information, market trends, professional highlights and more...
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