This is all going to go up in smoke when WeWork folds. Co-working space is a fad that will end and then, if built, we will be saddled with excess office inventory for years.
Ergo, I actively don’t want any large scale projects associated with them unless the buildings are predominantly alternative uses (including traditional office space).
__________________
Houston: 2.4m (+3.9%) + MSA suburbs: 5.4m (+12%) + CSA exurbs: 200k (+5%)
Dallas: 1.3m (+2%) / FtW: 1.0m (+10%) + suburbs: 6.4m (9%) + exurbs: 566k (+9%)
San Antonio: 1.5m (+6%) + MSA suburbs: 1.2m (+10%) + CSA exurbs: 82k (+3%)
Austin: 994k (+3%) + MSA suburbs: 1.6m (+18%)
Texas (whole): 31.29m (+7%) / Texas (balance): 8.6m (+3%)
|