News from NAI Rio Grande Valley

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Burger King "Brunch" Menu: Mimosas and Whoppers?
 
Introducing the Whopper Bar: Burger King to sell beer at fast food joints
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Kerri Funk 
I invite you to visit our blog and subscribe to receive updates via email.  Once you subscribe you will receive real estate news and information relating to the Rio Grande Valley commercial real estate market as soon as it is posted to the NAI RGV blog.


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Commercial Real Estate News
McAllen ranks in top 11 cities for beating the recession; longest period of job growth
 
McAllen, TX ranked No. 11 in the United States for beating the recession, according to the June 2010 MetroMonitor released by the Brookings Institute. The report indicates: "Of all the cities in the ranking, McAllen has experienced the longest period of job growth, gaining jobs over the last four quarters."


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Commercial recovery up ahead, Realtors predict

U.S. commercial real estate values could start to recover next year, says the National Association of Realtors. Values will keep declining and vacancies rising across all property types through the rest of this year, though moderating somewhat, the group says.

Multifamily property will lead, the association says, pointing out that the vacancy rate for apartments eased from 7.4 percent in the fourth quarter of 2009 to 7.3 percent in this first quarter. The group says ...
 
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Officials unite to discuss cross-border development
 
Cameron County officials met with Matamoros city leaders Wednesday to discuss some of the area's regional development issues.

Officials reviewed a range of projects, including the Brownsville West Rail Relocation Project and the expansion of the Brownsville Veteran's International Bridge.

"These projects have been ...
 
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Reynosa, a city of about 1 million and an industrial hub in Northeast Mexico, will receive a boom in housing thanks to new jobs and a new housing developer.
Uribi, the leading housing developer in Mexico, will expand its operations throughout the state of Tamaulipas and in Reynosa, the state's largest city. The McAllen Economic Development Corporation works
 
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McAllen keeps growing jobs - City unemployment rate is lowest in the border region
 
McAllen has grown more than 2,000 jobs since this time last year indicating that the city's economy remains robust, is still expanding and is reflective of the lowest unemployment rate in the region, according to a Texas Workforce Commission report.

The report, which released the latest job market numbers for cities and counties in Texas from April 2010, shows McAllen's unemployment rate has
  ...
 
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Does your home office look like this?? If so, maybe it's time to consider leasing office space.


At NAI Rio Grande Valley, we have office space from executive suites to build to suit in many areas of the Rio Grande Valley. Contact us at 956-994-8900 or visit us on the web at
www.nairgv.com to find a space that fits your needs. 
 
Price significantly reduced on 75 Acre site located on the south side of Ridge between Jackson & Cage in Pharr, TX.

This site is one of the last vacant pieces of land in a growing medical and retail community. U.S. Hwy 281, Exp. 83, several hospitals, medical offices, and retail centers with national tenants are all within 2 miles. ...
 
 
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