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Texas Hold ‘Em

May 1, 2024
Companies like being in Texas. That’s the message GlobeSt. reported, based on a report by CBRE.

Companies like being in Texas. That’s the message GlobeSt. reported, based on a report by CBRE. 

"The Lone Star state has attracted the most headquarters relocations (209) among US states, according to CBRE,” the article said.

And Sugar Land, TX, is one of the sweet spots in the state. 

"Of the 209 to relocate to Texas, Sugar Land, Texas, is one of their most desired locations. It is home to a highly educated workforce, with almost 60% of residents possessing a bachelor’s degree or higher. Its workforce rose by more than 14% between 2015 and mid-2020—twice the national average and more than three times the regional average.  The market includes several means of transportation including two airports, one of which will soon have self-driving taxis."

Economic development is high on the agenda for Sugar Land, which is located just southwest of Houston. 

"Alba Penate-Johnson, Assistant Director at the Sugar Land Office of Economic Development & Tourism (SLOEDT), tells that the Sugar Land Economic Development team works closely with businesses to find the right state and local financial incentives, including corporate tax incentives, office retention incentives, tax abatements, real estate property taxes.”

David Harrison