Commercial Real Estate
By Jonathan MillerSpecial Contributor We continue to hear about a commercial office recovery, but that is misleading – it is coming from commercial leasing brokers which is a conflict. Commercial office is often selling for ±30 cents on the dollar as WFH continues to savage rent levels. Yet the high-end office market is doing fine. And now we are seeing…
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…
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 Staff Reports More new retail is coming to Coppell, where the city government has been asking its residents, “What do you want?” The City of Coppell’s 2024 Retail and Dining Survey, conducted in partnership with OnPointe Insights, aimed to gather resident feedback on local dining and shopping preferences. According to the survey, residents dine…
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…
