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JUNE 21, 2019

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Texas tops the U.S. for real estate development spending and jobs

by Released

Texas topped the nation in real estate development activity in 2018, according to a report from NAIOP, the Commercial Real Estate Development Association.

Texas was ahead of both New York state and California in the ranking of real estate development impact in each state for the second year in a row.

Approximately $26 billion was in direct spending on real estate projects, and the Texas building sector

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