Posts by Robbye Kirkpatrick
Mid-Year Texas Industrial Markets 2023
The saying, “Everything is bigger in Texas,” is certainly true when it comes to industrial construction activity. Demand for industrial space has simply been overtaken by the sheer amount of new supply. All told, more than 69 million square feet of new product has come online in the first half of 2023; meanwhile, demand continues…
Read MoreMid-Year Review Texas Office Markets 2023
Like other areas across the county, the Texas office markets are struggling to find firm footing. Across the state, demand for office product is slowing, vacancy rates are rising, and landlords are more generous with incentive packages in the form of free rent and tenant improvement dollars. Furthermore, the amount of available sublease space –…
Read MoreTexas Industrial Markets – 2022 Year in Review, What to Expect in 2023
With a multi-year growth cycle in the rear-view mirror, demand for industrial space began to normalize nationally. However, because of the demand from some of the nation’s fastest- growing cities, 2022 marked another record year for Texas. In fact, net absorption exceeded 100 million square feet for the first time and 2022 marked the fourth…
Read MoreTexas Office Markets – 2022 Year in Review, What to Expect in 2023
Even as more companies demand employees return to the office, occupancy trends in the U.S. remain well below pre-pandemic levels. As of January 2023, the average occupancy in the U.S. was 49.5%, according to Kastle Systems’ “Back to Work Barometer,” which measures security card swipes in 2,600 buildings in 138 cities. It’s true that Texas…
Read MoreThe Texas Office Markets Mid Year Review 2022
More than two years after COVID-19 lockdowns forced a shift in the way office-using employees work, occupancy trends in the U.S. remains well below pre-pandemic levels. As of July 2022, the average occupancy in the U.S. is 44.1%, according to Kastle Systems’ “Back to Work Barometer,” which measures card access swipes in roughly 2,600 buildings…
Read MoreThe Texas Industrial Markets Mid Year Review 2022
Mid-Year Review 2022 Interest rate hikes and elevated inflation. The rising probability of recession. The continued disruption within the global supply chain. With these unwelcomed variables at play, there’s one looming question on my mind: How will the Texas industrial markets be impacted? While these factors have the potential to throw the growth story off-course,…
Read MoreWhy You Need A Project Manager When You Lease Space
One of the many things that separates RubiCrown from our competitors is our commitment to providing Project Management Services with Tenant Representation/Brokerage. At our competitors’ shops, Project Management (PM), if offered, is sold through a separate silo and is considered an add-on service. Many times, your broker does not want to risk “someone else interfering…
Read MoreTexas Industrial Markets Year in Review
Before touching on real estate, it is important to note the underlying strength of the Texas economy. From Elon Musk to Gordon Ramsay, corporate relations and employment growth continue to power the local economy. In 2021, there were 63 corporations that relocated their headquarters to Texas, according to YTexas. Furthermore, early evidence suggests the state…
Read MoreRubiCrown provides Project Management Services for New Private School in Houston
Part of Xavier’s mission is to help students to realize their greatest potential through highly individualized learning practices that foster their passions. Xavier has retained RubiCrown to deliver their brand new 32,000 sf space at 1001 West Loop South in Houston. The video is an architectural rendering of what is to come for students and…
Read MoreRubiCrown Celebrates Women’s History Month
RubiCrown is a 100% woman owned company. The following piece was written by our founder’s mother and is a tribute to our family’s very own Rosie-the-Riveter, Great Aunt Louise Ellis Haile. Thank you to all the women who came before us and paved the way for RubiCrown to thrive. *** Seventeen-year-old, Viola Louise Ellis had…
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