Commercial Real Estate

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…

Corporate Relocations to D-FW Return to Pre-Pandemic Levels in 2024

By Charles Grand / December 29, 2024 /

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,…

Some 2024 CRE Highlights Ahead of Anticipated Banner Year for D-FW

By Charles Grand / December 26, 2024 /

Word is the Dallas-Fort Worth metro area is the top market to watch next year, and if some of the activity logged in 2024 is any indication, 2025 may very well be a banner year for commercial real estate. Stressing North Texas’ diversified economy and growing population, the latest Emerging Trends in Real Estate report…

Texas Stock Exchange Leases Temporary Digs at Weir’s Plaza While It Searches for Dallas Home

By Charles Grand / December 20, 2024 /

Looking to sink its roots in Dallas by mid-2026, the Texas Stock Exchange (TXSE) has ambitious plans to deliver a bustling new Texas Market Center — or Y’all Street as it’s been called. While it looks for a permanent location to set up operations, the TXSE found itself some temporary office space in the bustling…