Hilco Real Estate has opened a bids for more than 194 acres of development land located along Interstate 35 north of Austin in Georgetown, Texas. Immediately available are three parcels totaling 17 acres; however, additional prime parcels are also available.
The world economy, and many major national economies, will enter a deep recession during first half 2020, forecasts Oxford Economics. In the first quarter 2020, the global economy will contract at a faster pace than during the financial crisis, with a fall of some 2 percent in world GDP, and Oxford Economics forecasts a further 0.4 percent fall in global GDP in the second quarter.
Flexible office space and short-term office rentals have been a great way for occupiers to manage their office usage, and for landlords to attract such tenants. But the question hanging over the sector has always been: How will it hold up in a crisis?
Balfour Beatty Campus Solutions has made a financial close on a public-private partnership (P3) project at Maryland’s Bowie State University to deliver an on-campus housing community that will also feature an entrepreneurship center designed to house university-run business organizations.