Charles Grand

Survey: Dallas Tops the List of Most Desirable Corporate Site Relocations

By Charles Grand / January 16, 2025 /

Dallas is leading the nation in desirability, at least in the eyes of corporate scouts tasked with considering headquarters relocation. An annual survey of corporate site selectors conducted by Site Selection Magazine recently found that Dallas was the top city of choice in which to set up shop. Respondents were asked to list three cities…

Housing Affordability Crisis Looms Over Texas Legislative Session

By Charles Grand / January 14, 2025 /

The 89th Texas legislative session is set to begin on Jan. 14, and one of the top issues lawmakers will seek to address is housing affordability. Housing stock has not kept pace with the influx of new residents over the past several years, leading to inflated home values and climbing rents. High mortgage rates and…

D-FW Office Market Closes Out 2024 With Mixed Bag

By Charles Grand / January 12, 2025 /

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…

North Dallas Office Building Sells For Half What It Did in 2017

By Charles Grand / January 5, 2025 /

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…

Ray Washburne Adds Design District Hotel to CRE Portfolio

By Charles Grand / January 2, 2025 /

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…