The City of Anna Economic Development Corporation (EDC) has appointed Bernie Parker as its new director of economic development. With almost 20 years of experience in the public sector, Parker will continue to lead and oversee all economic development efforts for the city.
In a recent announcement, Cresa, a leading commercial real estate firm focused on occupiers, has acquired Fritsche Anderson Realty Partners. Anthony Fritsche and David Anderson will serve as Managing Principals and Co-Market Leaders for Cresa’s local office in Houston. The addition of FA’s eleven brokers brings the total team size to 23.
Adolfson & Peterson Construction (AP) welcomes John Hicks as Director of Business Development within their Mission Critical Services division. With over 10 years of experience in data center program development and project management, Hicks will be responsible for AP’s national mission critical business growth while focusing on Texas.
According to a recent survey by MRI Apartment Data, an oversupply is causing rent trends to decline despite slowing job growth/demand scenario in Texas. Austin leads with negative year-over-year rent growth at -8.3%, followed by DFW at -4/2%, San Antonio at -4%, and Houston at 1/5%.
Wolf Capital Partners along with Transwestern Real Estate Services (TRS) have completed interior renovations at HeightsMED located on West 20th Street in Houston Heights neighborhood.The Class A medical office building now features refreshed lobby areas on levels three and four spanning over 120,000 square feet.