Canvas sneakers are popular casual footwear in Texas and across the country. This has helped lead to an intellectual property dispute between a shoe manufacturer and a major retail giant. Vans is suing Target in California, alleging that the discount department store's Carmella Lace-Up sneaker infringes on its trademarks for the Old Skool sneaker silhouette. The footwear company said that the appearance of the product is likely to create confusion among consumers about what they are buying.
The details of a commercial real estate transaction can vary depending on the type of property purchased. For instance, the due diligence process for an industrial building may differ from the process surrounding the purchase of a multifamily home. How long it takes to complete may depend on where the property is located. Therefore, if the property is located in Texas, a buyer should look up permit and other requirements needed when evaluating a potential purchase.
There were over 53,000 personal injury cases filed throughout Texas and the rest of the United States in 2017. While this is down from more than 76,000 in 2014, it is still important for property owners to take steps to prepare for a possible legal claim. In some cases, property owners are named as defendants in premises liability cases even if they weren't the ones who caused the accident to happen.
New economic data indicates that Texas' unemployment rate reached a record low of 3.7 percent. In step with this state-wide trend, economic indicators also predict positive growth for Houston.
Potential investors in Texas may be particularly interested in the commercial real estate market, especially as the National Association of Realtors reported that the industry had grown over the past year. In its 2018 report, NAR said that its members who dealt with the market had reported increased sales volume and gross income. The survey included real estate agents who focus their business on commercial projects, including sales, leasing and land development in office, industrial, retail and multifamily spaces.
In the 21st century, institutional investors in Texas and throughout the country have increasingly invested in commercial real estate (CRE). In 2000, CRE made up about 4 percent of the average portfolio. From 2010 to 2015, it grew from 5.6 percent to 9.6 percent of the aggregate institutional investment portfolio. Although it has become more popular for institutional investors, CRE has not necessarily been as popular for private investors.