Commercial Real Estate
In this episode of Dallas Dirt, host April Towery sat down with Jamee Jolly, President and CEO of The Real Estate Council (TREC), to discuss the unique dynamics of Dallas’s commercial real estate market, the importance of community involvement, and TREC’s role in shaping the city’s future. Jolly, who took the reigns at TREC just…
A Dallas-based commercial real estate investment firm recently closed on a deal to acquire 137,287 square feet of retail space at McKinney’s 380 Towne Crossing. The space comprises one-half of a portfolio acquisition by Younger Partners Investments (YPI) from developer Weber & Company. It has a diverse mix of tenants, ranging from Guitar Center to…
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…
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…
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,…
