Your Marketing Source For Texas Commercial Real Estate Reaching 100,000+ QUALIFIED Commercial Real Estate Brokers, Investors, Developers & Commercial Service Providers
McKinney Economic Development Corporation selected Hunt Southwest, a Dallas-based real estate investment firm affiliated with the Lamar Hunt family, to build a new industrial facility in McKinney.
The development firm landed the economic development group’s project after McKinney Economic Development circulated a request-for-proposal earlier this summer.
Click to read more at Dallas Business Journal.
A New York-based shared office concept is bringing its first upscale coworking concept to the Dallas Arts District with the help of Dallas developer Craig Hall, who recently invested an undisclosed sum in the company.
Along with being an investor, Hall will be the landlord for Serendipity Labs Coworking, which plans to open its 29,000-square-foot Texas hub on the 17th floor and ground floor of KPMG Plaza at Hall Arts.
Click to read more at Dallas Business Journal.
An online furniture retailer causing Amazon.com, Ikea and Target to up their furniture-selling game on the web plans to make its a major move into Dallas-Fort Worth with a massive e-commerce facility.
Boston-based Wayfair Inc., which recently gained a market value of $1 billion, is expected to lease a build-to-suit, 874,000-square-foot e-commerce hub on a development site near Interstate 35 and Interstate 20 in Lancaster, real estate sources say.
Click to read more at Dallas Business Journal.
The development group behind the Warren Buffett-backed Grandscape development in The Colony has named Dallas-based Merriman Anderson/Architects to help with the design of the 433-acre mixed-use development.
The architecture firm was named architect-of-record for the Nebraska Furniture Mart-anchored project, which, upon completion, will total 3.9 million square feet of hospitality, entertainment, retail and residential space near the Sam Rayburn Tollway and Plano Parkway in The Colony.
Click to read more at Dallas Business Journal.
Even with a big chunk of vacant office space in Dallas’ central business district — totaling more than 25 percent — some of the city’s well-located skyscrapers and walkable office towers are still garnering big rental hikes.
That’s tied to the professional services firms wanting to locate in Uptown and the northern part of downtown Dallas, said Brooke Armstrong, a senior vice president in JLL’s Dallas office.
Click to read more at Dallas Business Journal.
Dallas and Fort Worth rank as two of the top housing markets in the United States based on current and projected real estate fundamentals, according to Ten-X Research, an online Irvine, California-based firm that tracks the real estate market.
The two North Texas cities ranked as “hot,” markets based on the strength of the single-family market based on current and future expectations, said Ten X Research CMO Rick Sharga.
Click to read more at Dallas Business Journal.