
| The local economy benefits from the region's consistent population growth and a diverse mix of industries that include aerospace, manufacturing, telecommunications, finance, trade, energy and health services. Dallas-Fort Worth is one of the most affordable markets among major metropolitan areas in the United States, and Newsweek ranks Texas first for "job-seeking Americans." The Dallas-Fort Worth unemployment rate was 8.5% in January 2011, as compared with 9.8% for the United States. At the end of 2010, the Dallas-Fort Worth office market comprised more than 201 million square feet, ranking it the fourth largest office market in the nation. Younan Properties is the largest office landlord in Dallas with 12 buildings and nearly 6.5 million rentable square feet. More Info... |
| Houston is the fourth-largest metropolitan economy in the United States. The market has diversified away from energy-related sectors in the past decade, improving the region's economic stability. Houston's health services industry has enjoyed robust growth as a result of the pre-eminence of the Texas Medical Center, the world's largest medical complex. Strong population growth helps support the regional economy. With an estimated population of 6.1 million in 2010, the Houston metropolitan area is the fifth-largest metro in the United States by population and the largest city in Texas. Houston's numerous amenities and low cost of living attract new residents at a steady pace. Houston unemployment stood at 8.8% in January, 2011, as compared with 9.8% for the United States. In 2010, the Houston office market comprised more than 190 million square feet, ranking it the 10th largest office market in the nation according to CoStar. Younan Properties, an owner and manager of Class A office properties is the fourth largest office building owner in Houston with 10 buildings and 2.0 million rentable square feet. More Info... |
| Chicago has evolved into a professional and financial services-oriented economy and is recognized as a global financial center and the financial capital of the Midwest. At the same time, Chicago remains a dominant city in the nation's manufacturing core, and its geographic location and extensive transportation network allow the area to retain its place as a major transportation and distribution center. Approximately 9.6 million people live in the Chicago metropolitan area, making it the third-largest metropolitan area in the United States. As of the fourth quarter of 2010, the Chicago office market and area suburbs comprised more than 260 million square feet, ranking it the third largest office market in the nation. Younan Properties is an owner and manager of Class A office properties in Chicago including 1600 Corporate Center, Bannockburn Corporate Center, Embassy Plaza, Kensington Corporate Centre, One North Arlington, Younan Commons and Younan North LaSalle. More Info... |
| With an estimated population of 9.9 million people, the Los Angeles metropolitan area ranks as the second largest metro economy in the United States. Trade, tourism and media-related industries, as well as the information services industry, are clustered in Los Angeles and vital to the regional economy. The entertainment industry is one of Los Angeles' core economic strengths and one of the region's most high-profile sectors. As of 2008, 28.1% of the population 25 years or older had attained a bachelor's degree or higher level of education. At the end of 2010, the Los Angeles metropolitan office market comprised more than 181 million square feet, ranking it the fifth-largest office market in the nation. Younan Properties commercial real estate investment company is headquartered in Los Angeles, with offices in Dallas-Fort Worth, Houston and Chicago. More Info... |
| Phoenix ranks as the 15th largest metropolitan economy in the United States. The Phoenix metropolitan area was one of the fastest-growing areas in the nation during the past decade, with annual population growth ranging from 2.9% to 4.2%, driven by high levels of net migration. Along with a contraction in employment however, population growth has slowed to an estimated 1.0% in 2010 and a projection for 2.0% growth in 2011. Housing and trade have become major pillars in Phoenix's economy. The life sciences, consulting and high-tech industries also have a large presence in Phoenix and have been driving professional and business services sector employment. Phoenix benefits from an aerospace and defense presence, as well as a burgeoning semiconductor manufacturing industry that requires a number of research and development facilities and employs many science and technology workers. As of the first quarter of 2011, the Phoenix office market comprised more than 74.6 million rentable square feet. Younan Properties is one of the most respected commercial property investment groups in Phoenix. More Info... |
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