Investing in Industrial: How Texas Cities Are Booming

BY BRANDI SMITH
info@rednews.com

Though most headlines tend to focus on the negative impact of low crude prices, Texas has diversified in such a way that a single industry’s slump cannot create a statewide recession as it has in the past. Instead, communities throughout the Lone Star State are flourishing, thanks to new opportunities provided by the industrial sector. “Even in what looks like an adverse scenario, you still get some positive and pretty good job growth,” said Robert W. Gilmer, Ph.D., director of the Institute for Regional Forecasting at the University of Houston Bauer College of Business.

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Buying into the future:Texas outlook on retail

BY BRANDI SMITH
info@rednews.com

With gas prices down to their lowest prices in years, it might be expected that consumers would rush out to spend all the money they’re saving at the pump. However, it appears they’re stashing that money for a rainy day, creating a sluggish start to 2016. Here in Texas, one of the biggest factors in retail, is the energy industry, but even that varies by market. Houston, where you might expect to see fallout from near record-low oil prices, is actually thriving.

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Wolff Companies Spotlight

By Anne Farrell Peterson
info@rednews.com
We concentrate on large-scale, master-planned, mixed-use business environments

REDNews caught up with David Hightower, chief development officer and executive vice president of Wolff Companies, to reflect on company projects and his impressive career in Houston
commercial real estate.

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