Commercial Real Estate

How the $30,000 Millionaire is Boosting DFW Real Estate Values

By CandysDirt.com Contributor / May 26, 2016 /

Guest post by David Shaffer The term $30,000 millionaire describes a young professional who spends his or her disposable income on items that represent a more expensive lifestyle than what would be expected based on the paycheck. Think of the college graduate who wears designer suits, frequents five-star restaurants, and lives in a swanky high rise;…

After Fight at City Hall, Dallas Will Finally Get a Costco

By Joanna England / May 11, 2016 /

The future is bright for those of us who want a better, more sustainable wholesale option in Dallas, as the Dallas City Council voted 10-5 to approve $3 million in economic incentives to bring Costco inside the Dallas city limits. As Candy explained, the money will come from a public-private partnership fund that comes from…

The $3 Million Economic Incentive for the New Dallas Costco Comes From Your Water Bill (Sort of)

By Candy Evans / May 8, 2016 /

I am pretty gung ho about Dallas getting a Costco within the city limits. Even if it means we have to bribe them with $3 million. I think the returns for the city will be worth it, well worth it: sometimes you have to spend money to make money. The City Council will apparently debate…

A Costco in Dallas Could Provide More than $7 Million in Sales Tax Revenue Over 10 Years

By Candy Evans / May 3, 2016 /

  We teased about this last April Fools Day — when we said that Costco was buying up the Hicks-Crespi Estate on Walnut Hill Lane for its hottest new North Dallas location. It was a joke. Then Andy Beal actually BOUGHT the Hicks-Crespi estate, no joke! Costco has been eyeing Dallas for years for a…

John Backes Brings Wild-Eyed Ambition to Dallas Real Estate, Technology Communities

By Leah Shafer / June 26, 2015 /

John Backes is a young real estate entrepreneur, technology innovator, and champion of the city of Dallas. He practically vibrates with energy and ideas, and has a sort of raw enthusiasm that’s utterly sincere and unscripted. The St. Mark’s grad is passionate about bringing new ideas to the real estate community by collaborating with the active…