When two of Granite Properties Inc.’s top leaders — Chief Investment Officer Bill Brown and President and COO Greg Fuller — began walking the newly finished floors inside the 104-year-old brick-and-timber building in the West End, they had to remind themselves they were in Dallas.

“I can’t think of any other office project in Dallas or Texas that has this feel,” Brown told the Dallas Business Journal. “This is like a building you’d find in New York or San Francisco or Boston. It’s got a really cool urban-city vibe that is really unique.”

Click to read more at Dallas Business Journal. 

Global real estate brokerage firm Savills Studley plans to relocate its growing North Texas home base in one of Dallas’ tallest skyscrapers, which will help it cover a massive region as it recruits top talent into its ranks.

The brokerage firm, which is a division of London-based Savills PLC (SVS.L), has signed a lease for 8,100 square feet, or the entire 48th floor of Chase Tower at 2200 Ross Avenue in downtown Dallas.

“Like the North Texas office market and border economy, the roster of talented professionals and transaction activity within our firm’s Dallas office has experienced significant growth in recent years,” said Frank McCafferty, executive managing director and the co-branch manager of the firm’s Dallas office.

Click to read more at Dallas Business Journal.

CBRE announces that 9Round, the world’s fastest-growing 30-minute kickboxing fitness studio, has signed a lease for 1,200 square feet at 1517 W. Hebron Parkway in the Victory Shops II at Hebron retail center in Carrollton.

9Round offers members a 30-minute, full-body workout with personal trainers to provide guidance through each of the 9 rounds. Each workout consists of cardio, weight training, abdominal exercises and kicks and punches on 100-pound, double-end, upper cut and speed bags. Expert nutritional guidance with meal plans along with progress tracking are available through the fitness studio’s online member portal. There are no class times as workouts begin every 3 minutes and change on a daily basis.

Co-owners Jordan Scott and Kyle Redinger bring a unique skill set to the 9Round franchise, as they are both former professional baseball players with the Houston Astros organization.

“With over 500 locations nationwide, 9Round is an incredibly fast-growing business and they will have great success at this new location in Carrollton,” said Andrew Barnes, Associate, CBRE Retail Services. “Located near the intersection of Highway 121 & Hebron Parkway, the new location will have ideal visibility from a high-traffic area, which will increase market exposure for their brand. I am excited for the future ahead for 9Round Victory Shops II at Hebron.”

The studio is set to open in December. Membership pre-sales are available now through the 9Round website. This will be Mr. Scott’s second 9Round location in the Dallas-Fort Worth Metroplex. He also owns the 5017 W. Plano Parkway location in Plano, Texas.

“We are excited to expand our business into the Carrollton market,” said Mr. Scott. “We saw a need for fitness studios in the area that work with every type of schedule and we are excited to offer Carrollton residents the opportunity to experience all that a fun and high-energy 9Round workout has to offer.”

Mr. Barnes with CBRE in Dallas assisted with site selection and represented 9Round in lease negotiations.

 About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).  The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.

 

Market demand drives industrial acquisition in Richardson, Texas

The McKinney Corporate Center at Craig Ranch will soon get a new $120 million corporate magnet, which includes a restaurant park, urban-style residences, retail and a hotel, with the help of a new developer to the project.

The 22-acre mixed-use development, called Hub 121, has been envisioned for Craig Ranch since its inception, and could bring additional businesses to the sprawling master-planned community, said developer David Craig.

“This is a tremendous addition for Craig Ranch, and corporate America tells us it wants eateries and drinkeries within walking distance to headquarter locations,” Craig said in a prepared statement.

Click to read more at Dallas Business Journal.