One of the country’s largest states, Texas has been making a big impression in the economic development of present day commercial opportunities seen across the globe. Taking its place at the top in year-over-year population, job expansion and overall commercial growth; the state has been attracting residents and businesses from across the country and world over the last decade.
Appealing to out-of-state and international transplants for its low cost of living, increasing job opportunities and overall quality of living; the business community is also fueling from similar benefits the southwestern state offers.
Beginning with the accommodating business climate, big name and newly established companies are brought to the area through the nationally low taxes and regulations it provides. Also adding to its appeal are the decreased barriers to entry Texas’ vast commercial landmass enables along with the talented population it retains. “With these key factors separating the state from others in the nation for its commercial value, businesses are looking to Texas to help position them ahead of competitors and for a future of success,” shares Marcus Hiles, a leading Texas entrepreneur and CEO of the Dallas-based property firm Western Rim Properties.
The commercial industry throughout the state of Texas has seen growing interest from globally recognized organizations among the world’s leading markets. Tech and industrial sectors, hospitality, manufacturing and energy industries are among those growing their roots in the nation’s second largest state that offers some of the best in vast land mass, talented workforce, affordability and business friendly regulations.
A unique environment where a collective group of diverse companies, populations and communities can come together to create opportunities and success at scale, the state has positioned itself in a way that has attracted organizations such as AT&T, Dell and Southwest Airlines.
Fortune’s 64th annual report released late this May sees the state as owning the third largest sector nationwide for Fortune 500 Company headquarters. The businesses on this list are those leading the economy and operating at a rate that produces 2/3rds the United States GDP. With nearly $13 trillion in revenue combined, Fortune describes this elite group as the most important engine of both US and global economies.
Holding 48 of the 500 firms on Fortune’s list, it is no surprise the overall Texas economy has continued to grow steadily each year in part from these companies that are each pulling in a minimum of $5.4 billion in revenues.
“The benefits that have come to the Texas area through this level of mass business operations has also commercially impacted other areas. Small business and startup communities, business infrastructure industries such as data centers as well as the migration of out of state and international employees coming for job opportunities,” shares DFW-based entrepreneur Marcus Hiles, who has seen a growing demand in his rental properties from this commercial boom.
Dallas’ state leading economy, boasting a thriving real estate market and an increasingly diverse collection of industries, often hides the fact that people remain in need throughout the city. Marcus Hiles, a prominent builder of affordable luxury housing communities throughout Texas and the CEO of Western Rim Property Services, is well aware of the over 1,200 homeless children stuck on the streets of inner city Dallas, and fights relentlessly to assist these kids plagued by poverty. Most recently, in an effort to protect school children from the approaching winter elements, Hiles donated over 300 coats that will be distributed to needy children by an area church.
For Western Rim Properties Founder Marcus Hiles, environmental stewardship is a primary concern in his long-term plan for success. Since founding the company more than thirty years ago, Hiles has pushed for initiatives that support conservation, reduce waste and curb pollution. Hiles’ reputation for responsible construction practices which utilize sustainable materials make energy-efficiency a cornerstone of all Hiles homes, townhomes and apartments. Because of intentional planning, the many exquisitely designed communities seamlessly incorporate the unspoiled beauty of the surrounding landscape, while growing the area’s green spaces. The company maintains an ongoing effort to ensure new developments follows a plan that surpasses government standards, reducing carbon emissions while increasing cost savings for those enjoying the upscale amenities that make his residences so special.
Since the foundation of Western Rim Property Services in 1988, Marcus Hiles has set his goals to make this company the most respectable one in the real estate industry. It seems that he has managed to do so with meeting the demand for affordable luxury all over the country. Additionally, Hiles had no small part in fixing the housing situation in Texas. According to the Texas Association of Realtors and their Data Relevance Project, there has been an upsurge of 7.8 percent in sold units in the first quarter of 2016 compared to the same period of 2015. Find out more about this on: http://www.marketwatch.com/story/marcus-hiles—-responds-to-texas-jump-in-home-sales-this-quarter-2016-07-07
Marcus Hiles, a prominent Dallas real estate developer, has maintained environmental stewardship as a driving factor in his long-term plan for success. Since he founded Western Rim Properties more than thirty years ago, Hiles has advocated for initiatives that support conservation, reduce waste and decrease pollution. With a reputation for responsible construction practices that incorporate sustainable materials, energy-efficiency stands as a cornerstone of all Hiles homes, townhomes and apartments. Through careful planning, the exquisitely designed communities he develops seamlessly incorporate the landscape’s unspoiled beauty and expand the green spaces of the surrounding areas. In an ongoing effort to ensure that the company’s building plan surpasses government standards, Hiles’ proactive steps to reduce carbon emissions have resulted in increased cost savings for those enjoying the upscale amenities that make his residences so special.
For more than thirty years, Marcus Hiles, Chairman and CEO of Western Rim Properties, has been developing luxury rental communities across Texas. His complexes are unmatched in contemporary design and resort-style conveniences. The rentals he has built are highly regarded for modern, energy-efficient appliances. Staying current about innovations in smart house technologies, the revolutionary real estate developer has had firsthand experience with the next wave of fully programmable appliances which give users previously unavailable amounts of customization and control—and all by cell phone. The increasing consumer interest in state-of-the-art smart machines has proven to be cost effective as well as offer conveniences previously unavailable. Hiles provides his astute views about the latest additions to the network of the “Internet of Things,” and their potential for giving users an easier life.
Due to the heavy reliance on gas, electricity, water and disposal of waste, the home is often the largest portion of an individual’s carbon footprint. Marcus Hiles, Western Rim Property Services CEO, recently divulged the process his corporation follows to provide environmentally friendly and energy-efficient living options, and what Western Rim’s tenants can do to further assist in their home.
Individuals living in rental apartments in the U.S. are rising at a rate of more than 500,000 annually, without any sign of this trend stopping. Marcus Hiles, Texas real estate developer had predicted the escalation in need for the finest rentals, which is why his organization offers lavish apartments at affordable rates in Texas. Hiles, the Chairman and CEO of Western Rim Property Services claims, “Tenants are keen to embrace a rich lifestyle at budget-friendly rates. Our five Estates offer distinctive services intended to be interesting for singles, couples, and individuals who have chosen a rental lifestyle. Our purpose was to create the very best of both worlds; an exclusive lakeside escape is a stone’s throw away from fascinating nightlife and a burgeoning arts community.” Situated in north of Houston in Aubrey, The Estates 3Eighty delivers one- to four-bedroom residence flats with very high ceilings, big windows, stylish stone countertops, and large living areas. The residents can be spotted at the on-site Star-bucks Wi-Fi café, in the personal off-leash dog park, working at one of many iMacs or PCs in the business center.
Marcus Hiles, carrying two of the top positions in Western Rim Property Services, asserts that it was the state laws that made Texas’ employment growth greater than the whole U.S. Texas has finished post-recession job recovery two years earlier than the whole country, and its pre-recession employment peak contain 1.3 million more jobs by January 2016. The state’s consumer confidence has been remarkable due to its consistently lower joblessness rate compared to the entire country (in April for instance, joblessness rate of Texas was 4.4 percent and U.S was 5 percent). Texas comes with a Consumer Confidence Index of 117.6 in May while U.S. only had 92.6 (CCI allows one to know the level of optimism that consumers reveal through their practices of saving and spending under a certain economy condition. Over the past three years, more than 5 billion dollars in tax cuts had powered the lively Texas economy, allowing the housing market to make some progress. It induced the number of single-family building permits to boost by 6 percent and the current houses’ year-over-year price by 5.9 percent.