Ralph Diaz
Friday, July 16th, 2010Mr. Cravey is a man of his word and he will certainly work with anyone to get the best deal for everyone concerned.
Mr. Cravey is a man of his word and he will certainly work with anyone to get the best deal for everyone concerned.
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The huge spillage resulting from the April 20 explosion on a BP oil rig in the Gulf of Mexico still has not been stanched, and some observers fear the accident will have a severe effect on tourism and fishing industries in the region. But NAI commercial real estate professionals in Alabama, Florida, Louisiana and Texas believe the accident will not have a material long-term impact on commercial real estate markets in the Gulf Coast states.
As noted earlier, we believe that 3 million to 3.5 million jobs a year will be formed in each of the next three years. In fact, this is roughly the rate at which jobs have been added since March 2010. However, this rate of job creation must be viewed in the context of the nearly 8.4 million jobs lost during the recently concluded recession, and the 1.8 million jobs normally added annually to the U.S. economy.
The Corpus Christi economy suffered slightly from the economic downturn. The petrochemical industry is down, resulting in a decline in the local economy. However, the refineries and related industries are expanding and upgrading in anticipation of the pending increase in oil and gas exploration. The Port of Corpus Christi is doubling in size to meet future demand.
A&W has purchased the former Wilcox Furniture store from the Wilcox family for an undisclosed price. Transwestern represented the buyer, and NAI Cravey’s Lynann Pinkham represented the seller.
Corpus Christi-based Beecroft Construction will break ground next month on a 150,000-square-foot facility in Corpus Christi for L&F Distributors. NAI Cravey Real Estate Services brokered the original land sale.
The 7,692-square-foot office at 5655 Bear Lane accommodates all administrative offices and staff while keeping it near the retail location. It also allows the company to expand its retail store.
Nueces County Community Action Agency recently purchased the former Capital Farm Credit building at 801 E. Main in Robstown. The agency was represented by Bill Odem of Joe Adame and Associates, Inc. Capital Farm Credit was represented by Josh Gaines of NAI Cravey Real Estate Services Inc.