One of the Big Four auditors — KPMG LLP — has expanded its regional office in downtown Dallas to help it grow and keep pace with the booming North Texas region.

The professional services firm has leased an additional 11,430 square feet of space within its namesake office tower, KPMG Plaza at Hall Arts, which brings its total footprint in the Dallas Arts District to 193,430 square feet of office space spanning seven-and-a-half floors.

Click to read more at Dallas Business Journal.

With $30 million spent on upgrading a two-building, 1.1 million-square-foot regional campus in North Texas for Verizon Communications Inc. (NYSE: VZ) — the telecom giant has been undergoing a massive consolidation as it builds up the first campus of its kind for the company.

Verizon recently unveiled a $1.5 billion, 110-acre mixed-use development, called Hidden Ridge, surrounding its campus in Irving’s Las Colinas, which could help attract and retain thousands of employees, and shape the future of real estate for Verizon.

Click to read more at Dallas Business Journal.

Even with 42,500 apartment units in the North Texas pipeline, landlords and developers are still upping their rental rates by at least 4.6 percent year-over-year in the region — outpacing the rest of the United States.

In Dallas, apartment rents grew annually by 4.6 percent, and in Fort Worth rates climbed 6.8 percent year-over-year — which was high enough to rank No. 7 in the United States for rental growth.

Click to read more at Dallas Business Journal.

Office rents in Dallas-Fort Worth have continued to climb annually by 10.2 percent, placing it as the No. 3 market for office rental growth on JLL’s list of top 30 global business centers.

“Dallas is doing well and we will continue to see rents continue to rise,” Brooke Armstrong, a senior vice president at JLL’s Dallas office, told the Dallas Business Journal.“We are seeing a little bit of a pushback from tenants looking up and seeing $10 or more increases per square foot if they stay in their buildings and they are looking at options. But this is part of the cost of doing business and Dallas is very affordable compared to the rest of the country.”

Click to read more at Dallas Business Journal.

The rapidly growing e-commerce business in Dallas-Fort Worth has placed the region as a top performing market for industrial real estate in the United States, according to JLL’s recently released U.S. Industrial Outlook report.

North Texas ranks No. 2 in the United States with nearly 6.5 million square feet of industrial real estate absorbed, or leased, in the first quarter of 2017. This puts the region only behind Philadelphia, which absorbed nearly 8.2 million square feet.

Click to read more at Dallas Business Journal.