Dallas
2.9% Unemployment is Lowest in 16 Years
Austin’s unemployment rate fell for a third consecutive month in June 2017 to 2.9%. The metric is the metro’s lowest… Read more
A Different Use for Dead Malls – Distribution Centers
With their central locations and massive amounts of space, dead malls are seeing signs of life as logistics centers for… Read more
Phase I of Park & Rec Master Plan Launches
The Dallas Park and Recreation Department has broken ground on the Crawford Family Aquatic Center. The facility at Prairie Creek… Read more
On the Drawing Board: Austin’s Tallest Tower
If San Antonio, TX-based Lynd Development Partners has its way, a 62-story, mixed-use tower will be built at 600 Guadalupe… Read more
Guess What? Industrial Investors Like the Fundamentals
Results from CBRE’s 2017 Investor Intentions Survey show that appetites for good secondary (non-core) assets are significantly increasing. And, it… Read more
Housing: Supply Expanding, Demand Stable, Affordability a Concern
The Texas housing market held steady as supply slowly expanded in June 2017, while demand remained stable. However, very limited… Read more
IRR Re-Establishes Dallas-Area Operations
Integra Realty Resources (IRR) a national independent commercial real estate valuation and consulting firm, re-established operations under the leadership of… Read more
Jacobs Engineering to Pay $2.8B for CH2M
Jacobs Engineering Group Inc., headquartered in Dallas TX, struck an agreement to acquire Englewood, CO-based CH2M for $2.85 billion. The… Read more
HFF Arranges $171M Financing for Westwood’s 13-Asset, 1M-SF Retail Portfolio
HFF arranged $171-million in first lien financing on behalf of Westwood Financial for a portfolio comprising 13 multi-tenant retail centers.… Read more
Connect Apartments Publication Brings Focus to Colorful CRE Sector
Building on the success of its comprehensive Connect Healthcare, Connect Media will start distribution of its second specialty publication this… Read more
106K-SF Retail Changes Hands
LRIC Properties of Dallas acquired the Valley Square Shopping Center, a 106,537-square-foot community retail center in Lewisville, TX from a… Read more
Local Appraisal Firm Acquired by Dallas Company
BBG, an independent commercial real estate valuation, advisory and appraisal firm headquartered in Dallas, acquired Trager Property Advisors, which is… Read more
Can Berkshire Hathaway Own Auto Dealerships?
Weeks after announcing it wanted to buy Oncor Energy, Berkshire Hathaway indicated it wants to open a Mercedes-Benz franchise in… Read more
Digging into San Antonio Retail with Weitzman’s Marcus Shaffer
Weitzman recently released its San Antonio 2017 mid-year retail report. Much of the news is good, with an occupancy rate… Read more
EY to Open Cybersecurity Operations Center
EY will soon open a multimillion-dollar cybersecurity innovation and operations center in Dallas. The $10-million, 14,000-square-foot facility is part of… Read more
New Bank Campus Could Add 1,200 Jobs
Independent Bank Group, which has more than 80 locations in Texas and Colorado, will build its new head office in… Read more
Wayfair Shopping in Dallas for New E-Commerce Hub
Wayfair, the giant online home furnishings and decor retailer, is exploring sites in North Texas for an e-commerce shipping hub.… Read more
J.C. Penney HQ Buyer Has Eye on Former Hospital Space
Sam Ware, who made headlines in 2016 with its $400 million buy of J.C. Penney’s Plano, TX headquarters, has his… Read more
Ara Rostamian Joins SRS’s Net Lease Group
Dallas-based SRS Real Estate Partners expanded its National Net Lease Group (NNLG) with the addition of Ara H. Rostamian to… Read more