Charles Grand
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…
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,…
