Commercial Real Estate
Data centers aren’t the sexiest kind of real estate out there, but it’s hard to decouple that part of the industrial sector from the North Texas building boom. They’re not just a driver of the coming (or ongoing) AI revolution; they’re a big driver of construction spending, especially in metros like D-FW and northern Virginia.…
Well, it’s happening. AT&T is going to build a new campus outside of downtown Dallas, opting to relocate its global headquarters to Plano instead of maintaining operations in the city center. In a statement, a spokesperson for AT&T said that a 54-acre site at 5400 Legacy Dr. would provide the necessary space to consolidate its…
The future of the beloved Neiman Marcus flagship store in downtown Dallas seems even more up in the air following a report that Saks Global is getting ready to file for bankruptcy. Last week, Saks Global missed a hefty interest payment (more than $100 million) on bonds associated with its acquisition of Neiman Marcus Group.…
2026 is right around the corner, and the D-FW office real estate market is closing out another year of recalibration. A lot of this might sound old hat at this point, but it’s hard to overstate the transformative impact of the COVID-19 pandemic when it comes to office space. Remote and hybrid schedules have become…
Work on the residential component of The Park at Legacy redevelopment in Plano will be gearing up in the coming months, with new construction expected to kick off in April. Once the headquarters of the department store chain JCPenney, 6501 Legacy Dr. is in the process of being transformed from an old school suburban office…
