Charles Grand
Investors betting on the D-FW office market got some decent news recently, with a pair of industry reports showing a significant increase in leasing activity over the last year. CRE brokerage firm Savills clocked an 18% year-over-year spike in office leases by square footage, crediting a number of big renewals and relocations with bolstering the…
A 20-story North Dallas office building recently sold at a steep discount, fetching roughly half of what it did eight years ago. The Tower at Park Lane, a 510,000-square-foot Class A office property just south of The Shops at Park Lane and across the highway from NorthPark Center, was purchased for $66 million by Colorado-based…
Dallas real estate developer Ray Washburne recently closed on a deal to acquire Tru by Hilton Dallas Market Center, adding to his portfolio of properties in Big D. Washburne’s Charter Holdings, in partnership with Pennsylvania-based The Liberty Group, announced the purchase on Monday, according to Dallas Business Journal. The property operated as an office building…
The Lone Star State’s business-friendly policies have been a driver of corporate relocations to D-FW in recent years, but it appears that momentum has been lost with the number of in-bound companies returning to pre-pandemic levels. Citing data compiled by the Dallas Regional Chamber, Dallas Business Journal clocked 21 corporate relocations to D-FW last year,…
Word is the Dallas-Fort Worth metro area is the top market to watch next year, and if some of the activity logged in 2024 is any indication, 2025 may very well be a banner year for commercial real estate. Stressing North Texas’ diversified economy and growing population, the latest Emerging Trends in Real Estate report…
