Founded in 1989, Regent Properties, LLC is a real estate investment management and development firm based in Dallas, Texas, and Los Angeles, California. The company is a vertically integrated operator and fund manager with investments managed throughout the Sun Belt markets. They have registered investment advisors who manage a variety of investment portfolios.

Regent Properties continues to grow as they open a second headquarters in Dallas. New and existing members of Regent Properties’ corporate team will relocate to the Dallas Fort-Worth area. This expanded corporate presence will function in parallel with the company’s longtime headquarters in Los Angeles.

Eric Fleiss, CEO of Regent Properties, explained, “As Regent looks to acquire a significant amount of high-quality office product across the Sun Belt over the next 24 months, it makes perfect sense to be rooted full-time in one of our core historical markets, where we can remain in constant touch with our entire portfolio. DFW is one of the fastest-growing metros in the nation and offers unparalleled infrastructure, talent, and dynamism to help build on Regent’s 30-plus year track record of success.” Click to read more at www.dallasexpress.com.

Thanks to the influx of people moving to the area and pent-up demand from last year’s pause in multifamily construction, Dallas’s commercial real estate is in a hyper-growth mode with many construction projects underway. Despite this generally positive state of affairs, it’s evident that our industry as a whole is experiencing macroeconomic influences on construction costs.

While I personally thought there may have been a temporary pause or even a reduction in construction costs due to COVID-19, and the resulting delay in construction starts in Q2 of 2020, this has not happened.

Volatile Costs Rattle Developers

The main headline throughout 2021 has been the parabolic rise and subsequent fall in the price of lumber, with prices escalating to a high of more than 300 percent of what they were in April 2020.

Then in mid-July, we saw lumber prices crash so much so that it started to give hope to developers and builders. Although lumber certainly is consuming the headlines, it is not the only area of concern. Collectively, the cost of building supplies has increased by close to 13 percent over the past year, according to Bisnow. Click to read more at www.dmagazine.com.

DALLAS and FORT WORTH, Texas, Sept. 23, 2021 /PRNewswire/ — Stream Realty Partners (Stream), a national real estate services, development, and investment company, announced today the expansion of its national occupier platform by launching Program Management Services. Joe Iatauro, an 18-year industry veteran, has been recruited to lead the new service as Executive Managing Director.

Stream’s enhanced offering is designed to align an occupier’s full spectrum of business needs with their real estate. This offering will encompass services, including, but not limited to, supply chain, business and economic incentives, development, design and construction, technology, security and loss prevention, FF&E, material handling, and racking, that provide flexibility to occupier business growth and achieve greater financial returns.

Under Iatauro’s leadership, the group will complement Stream’s leasing, site selection, investment sales and property management services, with a priority focus on the industrial sector. With specialty expertise in food processing, cold storage, manufacturing and distribution facilities, future expansion plans include retail and office. Click to read more at www.inforney.com.

Industrial giant AECOM is moving its headquarters from Los Angeles to Dallas. The firm’s CEO Troy Rudd and select corporate leaders will move into the company’s existing Dallas office at 13355 Noel Road, where more than 1,200 AECOM professionals work. The engineering firm has 47,000 employees worldwide, and its professional services business had revenue of $13.2 billion in 2020. AECOM is the sixth Fortune 500 company to relocate its headquarters to DFW in the past six years.

The engineering firm already has several projects in DFW. It has been selected by Trinity Metro to conduct the environmental assessment and preliminary engineering for the TEXRail extension project in Fort Worth. It also will provide program management services for the first phase of the $3.5 billion Dallas Independent School District 2020 Bond Program. AECOM also worked on the environmental impact statement for the proposed 240-mile high-speed rail project that will run between Dallas and Houston

INDUSTRIAL
Productiv leased 213,392 square feet at DFW Trade Center V in DFW Airport. Jeremy Kelly and Sarah Ozanne with Stream Realty Partners represented the landlord, JP Morgan Asset Management. Ryan Boozer and Sarah Ozanne with Stream Realty Partners represented the tenant.

K&M Tire renewed 201,600 square feet at Arlington Tech Center in Arlington. Matt Dornak, Ryan Boozer, Luke Davis, and Lena Pierce with Stream Realty Partners represented the landlord and the tenant.

Fidelity Paper and Supply signed a new 107,082-square-foot lease at 310 SW 14th St. within Heller Industrial Park in Grand Prairie. Transwestern’s John Brewer and Riley Maxwell represented the landlord. Cameron Rogers with Rubicon Representation represented the tenant. Click to read more at www.dmagazine.com.