Commercial Property Taxes
Beginning in 2014, Central Market parent HEB began snapping up parcels on the city block bounded by Lemmon and Bowser Avenues between Reagan and Throckmorton Streets. Their intent was to open a Central Market. That plan has been abandoned for what I last heard was a Central Market planned for the old Albertson’s location on…
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Whenever property taxes are spoken about, residential usually gets the most ink. The reason is simple. The commercial market offers a fraction of the data available to a residential assessor. In the residential world, similar homes are typically clustered together, placing them in the same valuation realm. There aren’t a lot of crackerboxes on Strait…
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The next time you walk into Lowe’s and they ask if they can help you, you might say, “Yeah, pay your fair share.” Big-box retailers are trying a new-fangled strategy to lower their property taxes, and in some states, it is working. It’s called the “dark-store” strategy, borrowing a commercial real estate term that means…
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