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William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.
Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.
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Apple has just dropped a game-changing announcement thatās sending shockwaves through the commercial real estate (CRE) world. The tech giant is set to invest $500 billion into U.S. manufacturing, with a brand-new factory coming to Houston! This move not only solidifies Appleās commitment to domestic production but also opens massive opportunities for commercial real estate, job growth, and economic developmentāespecially in Texas.
Letās break down why Appleās Houston factory is a massive win for the cityās CRE sector and what this means for investors, developers, and local businesses.
Apple is planning to build a 250,000-square-foot facility in Houston that will manufacture servers and data center infrastructureāproducts previously built overseas. While Apple hasnāt revealed the exact location, speculation is high that it could land near Foxconnās newly acquired land north of Houston.
The impact? Thousands of jobs, billions in investment, and a direct boost to Houstonās industrial and commercial property markets.
Houstonās industrial real estate market is already a hotbed of activity. With over 16.3 million square feet of net absorption in 2024, the demand for logistics, warehouse, and manufacturing space has been off the charts. Now, with Appleās expansion, expect even more interest in industrial parks, flex spaces, and commercial properties that can support this growing ecosystem.
Appleās investment isnāt just about a factoryāitās about building an entire ecosystem that will fuel commercial real estate growth in Houston. Hereās why this move is monumental:
Appleās new Houston facility will need massive amounts of industrial spaceāfor suppliers, logistics providers, and additional tech manufacturing. Investors should look at warehouse spaces, logistics hubs, and last-mile distribution centers, as demand will soar in areas surrounding Appleās plant.
Apple also announced plans to hire 20,000 workers for AI and machine learning development. This means increased demand for office space, research labs, and innovation hubs in and around Houston. With tech-focused tenants expanding, landlords should prepare for more premium office leasing activity.
With thousands of new jobs coming to the area, housing demand will surge. Investors should take noteāmultifamily developments, rental properties, and mixed-use projects near Houstonās tech corridor will become prime real estate.
More workers mean more restaurants, hotels, and retail growth. The hospitality industry will see an uptick in demand for hotels catering to business travelers, as well as dining and entertainment options for Apple employees and suppliers.
Appleās investment is part of a larger trendātech giants are choosing Texas. Houston is already attracting AI and data center projects, and Appleās move further positions the city as a tech and innovation powerhouse. With Tesla, Oracle, and OpenAI also expanding their Texas presence, expect Houston to become a major player in the AI and advanced manufacturing landscape.
This also aligns with President Trumpās push for bringing more AI and data center investments to the U.S., signaling even more corporate expansions and real estate opportunities in the future.
Appleās $500 billion investment is a once-in-a-generation opportunity for Houstonās commercial real estate market. With industrial demand skyrocketing, office space expanding, and retail/hospitality booming, investors and developers need to move fast to capitalize on the massive growth headed this way.
Houston is on the map as a top-tier tech and manufacturing cityāwill you be ready to seize the opportunity? Drop your thoughts in the comments below! š
š Need help navigating Houstonās CRE market? Letās talk! Call me at 281-222-0433.
#HoustonCRE #AppleExpansion #TechRealEstate #IndustrialBoom #HoustonGrowth #Manufacturing #DataCenters #CommercialRealEstate
Looking to buy, sell, or finance commercial real estate?
Work with an experienced Commercial Real Estate & Mortgage Broker you can trust!
Call me at 281-222-0433 today!
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Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
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Copyright Ā©2021 | Mortgage Viking Team
Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014
Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/
Copyright Ā©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/
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