EMPRE OFFICES @ 4879 VIRGINIA PKWY, McKINNEY TX

The Empire Project is located in the high growth, high income area of ”McKinney TX” with an average Household Income of $167,591. A critical factor in choosing sites for office, condos / medical. Located within close proximity to major highways, transit, recreation, and the Tech. Luxury Offices with have great Hwy access to all the entire area to include parks, restaurants, and retail. The economic expansion in the Dallas-Fort Worth-Arlington metropolitan statistical area (MSA) continued through the second quarter as employers expand payrolls and invest in the market. The red-hot region has recorded eight consecutive years of net

employment gains, averaging a 2.9% growth rate, and is on pace to complete 2019in similar fashion. The DFW metroplex added a net 107K new jobs over the prior 12months (ending May 2019), representing a 2.9% annual increase. The Professional& Business Services (27,400 jobs or 4.5% growth); Trade, Transportation & Utilities(19,300 jobs or 2.5% growth); and Leisure & Hospitality

(13,900 jobs or 3.6% growth) industry sectors experienced the largest job gains over the prior 12 months. As a result, DFW’s unemployment rate has declined by 60 basis points to 2.7% year-over-year,out- pacing the national and state averages of 3.7% and 3.5%, respectively.  With over 22.3M SF of competitive space delivered over the past five years, new construction remains a valid alternative for tenants willing to pay a premium for high quality office buildings that offer the latest workplace trends as they seek to retain the most skilled employees.  The Texas economy has been among the fastest growing in the nation for a number of years. With more major corporate relocations and expansions than any other state, Texas is expected to continue to outperform most areas.  The United States is currently in the process of negotiating or renegotiating several trade agreements which are vitally important. The fewer impediments to trade, the better the Texas economy will perform. About $1 of every $6 of U.S. trade is from Texas; the future of trade and the future of Texas are inextricably linked.