Jim Murren

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    BGL Real Estate Partners’ National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction.

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    The nearly 20,000-square-foot, single-tenant retail asset was sold at the full asking price to a buyer involved in a 1031 exchange.

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  • Sector on the Mend in Houston

    The metro’s office market has grown substantially in recent years, but faces a few challenges, such as the ongoing recovery from the drop in oil prices, a sometimes-unconstrained development pipeline, as well as the effects of Hurricane Harvey.

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    Despite signs of continued growth in the U.S. economy, certain real estate sectors—particularly multifamily—are showing signs of deceleration. Economy Editor Dees Stribling discusses the recent Harvard Joint Center for Housing Studies report on the topic.

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