Commercial Real Estate
Prominent Dallas-based investor and former sports franchise owner Thomas O. Hicks died on Saturday at the age of 79, leaving a storied legacy steeped in D-FW’s real estate and business scene. A master of the leveraged buyout, Hicks got his start in corporate lending before embarking on a successful career in private equity. He made…
Anyone following industrial development knows that the United States has data center fever, and Dallas isn’t missing out on the building craze. The California-based digital infrastructure company Equinix Inc. recently filed with the Texas Department of Licensing and Regulation for more than $836 million in new construction and interior outfitting costs related to a new…
With Preston Road lined with aging retail redevelopments and new apartment proposals, one question seems inevitable: Could Preston Plaza become multifamily housing? The Far North Dallas office tower at 17950 Preston Rd. — long challenged by rising vacancy — went to auction earlier this month. No winning bid has been reported, but a new state…
From staff reports The National Association of Realtors’ NAR NXT conference last week wasn’t just about MLS policies and agent ethics. Commercial real estate had its own moment. The Counselors of Real Estate — a global organization of property advisers and NAR affiliate — releases an annual look at the trends and risks shaping the…
Not for nothing that downtown has been dominating the news cycle. Some years of high-profile business relocations and bad headlines about crime and homelessness appear to have set the stage for what sometimes feels like impending doom. Not one but two of the Big D’s major sport franchises are mulling alternative locations for new arenas,…
