Michael Stacy

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    As we enter the later stages of the cycle and capital appreciation declines, investors will rely on income to provide stability, argues Situs RERC President Ken Riggs.

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    HFF’s Investment Advisory group represented Parmenter Realty Partners in the sale of the three-building, Class A Brookhollow Central I, II and III in the city’s North Loop, and procured the buyer.

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    The company will add approximately 215,278 square feet of new colocation space. It plans to expand the new facilities, as well as take advantage of two subsea cables, both slated for completion in the first half of 2018.

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