Office Absorption Rises In Q3 But Market Weaker Than 2017
October 3, 2018

Office Absorption Rises In Q3 But Market Weaker Than 2017

The latest office data for DFW is a bit of a mixed bag. Most fundamentals are improved over a quarter ago, but they still point to an overall slowdown in the market.

The Dallas-Fort Worth office market saw positive net absorption in the third quarter, according to Cushman & Wakefield's Q3 office report, although it is down for the year due mainly to the loss of XTO Energy, which moved its headquarters…

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ML Realty Partners (10.3.18) DFW 13689
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UPDATED: Baylor Scott & White, Memorial Hermann Merger: What It Means For CRE

Two not-for-profit healthcare systems in Texas plan to merge and create the biggest system in the state.  The Baylor Scott & White Health and Memorial Hermann Health System boards signed a letter of intent Monday to enter into a period of…

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KBS (Legacy Town 2018) DFW 13315
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Core Real Estate Investment Is Dead

The days of traditional buy-and-hold core real estate investment could soon be over, according to a white paper from UBS Asset Management.

In its paper "Core real estate in a disruptive environment," UBS outlined how changes in society are rapidly feeding through to the way people use real estate, and that this poses a challenge to traditional core institutions investors like pension funds and insurance companies.

“Until now, core portfolios have been rather static and could be described as buy-and-hold strategies with occasional adjustments,” UBS said. But given the changes to the way people use real estate, “the traditional buy-and-hold-and-collect-the-rent-strategy is unlikely to be successful in the future.”

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Eastdil Atlanta Power Broker Mike McDonald Jumps To C&W In Dallas

Two of Eastdil Secured's heavy hitters in Atlanta are parting ways with the investment sales brokerage to join two very different companies.

Managing Director Mike McDonald has left Eastdil and is joining Cushman & Wakefield in the Dallas office, Bisnow has learned. There, McDonald will be joined by Eastdil Director Jonathan Napper, who is leaving Eastdil's Dallas office, sources said. Cushman &…

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CohnReznick (Momentum 2018) FILLER
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Bisnow (BMAC MW-10.24.18) CHI PO 14395
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Workspaces That Promote Health, Wellness Can Save Companies Millions

High-performance buildings can increase a tenant's profits by millions during the course of a standard 10-year lease, according to stok's “The Financial Case for High Performance Buildings” report, released Tuesday. This savings comes from increased retention, productivity and reduced absenteeism.

Companies have realized that retaining and attracting top talent means making sure workplaces incorporate the environmentally friendly values of the next generation of workers and have elements that increase productivity and wellness based on the latest scientific research, stok partner Warren Neilson said.

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Carolina Hotels, Multifamily Can Expect Short-Term Boom After Florence

As the busy summer season is winding down, hotel and multifamily property owners along the coastal Carolinas should brace for a new busy season: the aftermath of Hurricane Florence

Using past hurricanes as a barometer, real estate experts are predicting an increased demand for short-term rentals after Hurricane Florence.

Newmark Knight Frank Senior Managing Director, Valuation & Advisory, Southeast Market Leader Raymond Higgins said after Hurricane Katrina, many of the apartment buildings and hotels were damaged. The ones that weren't raised their rents and experienced unusually high occupancy levels.

“It was a good time for the owners while supply and demand went their way,” he said. “It was hard on the residents.”

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