Growing international interest plus imbalanced supply and demand have created an uber-competitive market for restaurant real estate in Houston and elsewhere.
The cost of power, the area's housing shortage and increased competition from other cities are all hurdles biotech owners face in the Bay Area.
Value dislocation, maturing debt and tariffs may bring the Houston CRE market some pain, but it will also create generational change and opportunities.
Brookfield had obtained the mall through its 2018 acquisition of GGP, but its performance worsened during the pandemic and hasn't recovered.
Discounters had a good year in 2018, but department stores still got kicked around.
Department stores need to reflect their location.
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