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“Top Business Moves in Cresa, A&P, and City of Anna This Week”

"Top Business Moves in Cresa, A&P, and City of Anna This Week"

“City of Anna EDC Names Bernie Parker as Director of Economic Development”

The City of Anna Economic Development Corporation (EDC) has appointed Bernie Parker as its new director of economic development. With almost 20 years in the public sector, Parker brings a wealth of experience to his role, having previously served as interim director and assistant director for the City’s EDC. In this position, he will oversee all economic development efforts for the city.

“Cresa Acquires Fritsche Anderson Realty Partners; Anthony Fritsche and David Anderson Named Managing Principals”

Leading commercial real estate firm Cresa has acquired Fritsche Anderson Realty Partners, with Anthony Fritsche and David Anderson serving as managing principals and co-market leaders for their local office. The addition includes FA’s team of eleven brokers joining Cresa’s current local team in Houston, resulting in a combined presence of 23 professionals.

“Adolfson & Peterson Construction Welcomes John Hicks As New Director Of Business Development For Mission Critical Services”

John Hicks joins Adolfson & Peterson Construction (AP) as its new Director
of Business Development within Mission Critical Services. A native Austinite with over ten years’ experience overseeing data center programs and projects,
Hicks will work closely with AP’s Mission Critical Group to lead national business development efforts while focusing on Texas specifically.

“MRI Apartment Data Survey Shows Oversupply Impacting Rent Trends Across Texas Cities”
A recent survey from MRI Apartment Data reveals that an oversupply is causing rent trends to decline across major cities in Texas due to slowing job growth/demand scenarios.
Austin leads this trend with negative year-over-year rent growth at -8.3%, followed by DFW at -4.2% then San Antonio (-4%)and Houston (-1%).
“Wolf Capital Partners And Transwestern Real Estate Services Complete Interior Renovation At HeightsMED Medical Office Building”
Wolf Capital Partners along with Transwestern Real Estate Services (TRS) have completed a full interior renovation at HeightsMED, the only Class A medical office building in Houston’s Heights neighborhood. The 120,000-square-foot property located at 427 W. 20th St. now boasts a refreshed lobby and common areas on levels three and four.

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