Charles Grand

Questions Remain as Saks Global to Shutter Neiman Marcus Downtown, Dallas HQ

By Charles Grand / February 20, 2025 /

An unofficial Dallas landmark will shut its doors forever March 31. As the end of an era for Dallas retail, Neiman Marcus will close its iconic downtown store after more than 100 years in the heart of the city. The retailer’s new owner Saks Global announced the shocking closure Tuesday, after what they call prolonged…

Boutique CRE Firm Maintains Indie Credibility

By Charles Grand / February 16, 2025 /

In the commercial real estate sector, consolidation has been the name of the game, with national companies scooping up regional firms to cement operations in the region. It’s not over for the little guy, though. There are still successful independent, locally-based boutique CRE firms out there. Younger Partners, for instance, has been on a tear.…

From Cubicles to Condos: Dallas Ranks High in Office Conversions

By Charles Grand / February 13, 2025 /

Conversion of office space into apartments has ramped up over the last few years, with Dallas placing fifth among metro areas across the United States for most units in the works this year. According to a study published by RentCafe on Monday, D-FW has 2,752 units in the pipeline as a result of adaptive reuse,…

Investor Plans to Sell Former Dallas Morning News Headquarters to Data Center Firm

By Charles Grand / February 10, 2025 /

Poor communication on the part of the City of Dallas allegedly cost downtown a new entertainment district. Now, a data center could be built in its stead. Local CRE investor Ray Washburne recently told The Dallas Morning News that he plans to sell the news outlet’s old headquarters on Young Street to an unidentified data…

Starting Quarterbacks’ Texas Mansions Face Off

By Charles Grand / February 9, 2025 /

At the end of every Super Bowl, there’s always one question asked that’s almost as iconic as the game itself: “Where to next?” For the two starting quarterbacks facing off this year, the answer just might be “My mansion back in Texas.” The Philadelphia Eagles’ Jalen Hurts and Patrick Mahomes of the Kansas City Chiefs…