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Lender Takes Control Of PIMCO-Owned Class-B Office Complex At DFW's High Five Interchange
News

Lender Takes Control Of PIMCO-Owned Class-B Office Complex At DFW's High Five Interchange

... Interstate Batteries moved into a new office building off the Dallas North Tollway in late 2021, at which point PIMCO partnered with ... estimates that The Towers at Park Central are worth $154M, far outpacing the appraised value of $130.8M, according to CoStar ...

Nov 03, 2022
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Power-Hungry Data Center Developers Push Into Uncharted Markets To Avoid Shortages
News

Power-Hungry Data Center Developers Push Into Uncharted Markets To Avoid Shortages

... in North America has largely been concentrated in just a handful of markets: Northern Virginia, Silicon Valley, Dallas, Atlanta ... to looming transmission problems across multiple markets, from Dallas to Central Washington.  “Available capacity in all of ...

Jun 01, 2023
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Will Friend, Transformative CEO Of Bisnow, Passes Away At 33
News

Will Friend, Who Took Bisnow To New Heights As CEO, Passes Away At 33

... Ryan Begelman.” Begelman interviewed Friend in Dallas while there attending a Bisnow event, ... these responsibilities and roles that were far beyond what his age or experience ... and the two moved to Wrightsville Beach, North Carolina, when the pandemic hit to ...

Jul 06, 2022
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Gaming The System: How Experiential Retail Boosts REITs
News

Gaming The System: How Experiential Retail Boosts REITs

... the consumer,” Phillip Hooks Jr., a Dallas-based partner with Advisors Commercial Real Estate, ... , totaling more than 350 locations in North America. Perhaps the biggest name in ... year. The company spent $320M so far this year on development, with another $ ...

Nov 03, 2022
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Fulton Market Was A Standout In A Slow Year For Office Sales
News

Fulton Market Was A Standout In A Slow Year For Office Sales

... But vacancy still stood at 23.8%, far above the pre-pandemic average, and while ... the pandemic, Sterling Bay sold its 110 North Carpenter St. in Fulton Market for $412 ... watched by investors. The developer sold 210 North Carpenter St., a 12-story, 206K SF ...

Jan 05, 2022
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601 Massachusetts Ave. NW
News

Japanese Investor Pays $531M For D.C. Office Building

... the District's largest property sale of the year so far. An affiliate of Tokyo-based Mori Trust Co. acquired the ... of its own employees and Dallas-based Lone Star Funds. Other Japanese investors have had more success: North American Sekisui House is ...

Sep 01, 2022
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Doctor's office
News

DFW Medical Office Rents Will Need To Rise Further To Fuel Growth

... according to a June Dallas Morning News analysis of Dallas Federal Reserve projections. That analysis estimates North Texas will add more than ... characterized the 453K SF of new medical space delivered so far this year as “modest,” pointing out the high ...

Jul 29, 2021
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Industrial Space Race Set To Continue Into 2022 As DFW Tenants 'Gobble Up' Stock
News

Industrial Space Race Set To Continue Into 2022 As DFW Tenants 'Gobble Up' Stock

... 3M SF of warehouses for Walmart in South Dallas as well as Majestic Realty beginning its 1M ... % year-over-year, according to JLL. So far this year, 42.5M SF of industrial space ... good things we have going for us in North Texas [are causing] the market to hit ...

Dec 01, 2021
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warehouse
News

National Investor Enters Boston Market With 8-Property, 1.3M SF Acquisition

... market where large portfolio trades are few and far between," Arden Director of Acquisitions Christian Vergilio said ... in 18 industrial parks in Atlanta; Charlotte, North Carolina; Columbus, Ohio; Dallas; Houston; Philadelphia; and Indianapolis. UPDATE, JUNE ...

Jun 07, 2022
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Terrell, Texas
News

As Small Towns And Exurbs Grow, The Great Millennial Urban Revival May Be Unwinding

... Prosper, Texas, a town about 37 miles north of Dallas that had less than 10,000 people ... near the Metroplex, while it is still far enough away to find great value.  It ... homes.  The next step is seeing how far this Kaufman County city grows, particularly if ...

Feb 11, 2020
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