The Texas Boom: Is There Enough Of The Lone Star State To Go Around? Find Out At Bisnow’s June 23 Event
As Americans slowly return to the office, real estate professionals are keeping a close eye on where companies are choosing to call home. Some businesses are deciding to downsize their space as they switch to a hybrid workforce model, while others are leaving major cities in favor of smaller, more suburban areas where they can get more bang for their buck. One question on everyone’s mind is: Which markets stand to benefit the most from the new normal?
For the last decade, companies have been abandoning the coasts in favor of states that can offer a more business-friendly climate and affordable office space, and Texas has been one of their top destinations.
Apple, Facebook and Google have all expanded their operations in the state, and according to the Texas Governor’s Economic Development and Tourism office, there has been a large boost in the number of companies looking to move to the Lone Star State since the start of the coronavirus pandemic. There are 237 Texas relocation or expansion projects in the works, according to the governor's office.
Will this momentum continue? How can developers and investors capitalize on this growth? Which asset classes and submarkets are positioned for the most success?
At Bisnow’s Maintaining the Texas Miracle digital event on June 23, hear from Transwestern CEO Larry Heard, AT&T Chief Financial Officer John Stephens, Trammell Crow Co. CEO Mike Lafitte, CBRE Senior Vice President Faron Wiley and other industry leaders and local officials as they explore these questions and the future of Texas’ business-forward market strategy.
Register here for the event.
You will also meet:
- Craig Hall, founder of Hall Group.
- Lucy Billingsley, partner at Billingsley Co.
- Aaron Demerson, commissioner representing employers at the Texas Workforce Commission.
- Bill Cawley, CEO at Cawley Partners.
- Sue Ansel, CEO at Gables Residential.
While Texas has made major strides in attracting businesses for the last decade, what does that mean for the next five to 10 years? How do developers plan to continue attracting top-tier tenants? How has the pandemic impacted the Texas economy? Learn the answers to these questions, as well as vital information on the future of mixed-use, retail and entertainment in the state at this Bisnow event.
Register here to witness these exciting discussions, ask questions and connect with other attendees using direct messages, video chatting and speed networking.