t2 Blog

Rockwall’s lakeside Harbor development sells to Dallas investor

By Steve Brown and the Dallas Morning News One of Rockwall’s highest-profile developments has been purchased by a Dallas-based investment and development group. PegasusAblon has bought The Harbor development on Lake Ray Hubbard with plans to upgrade the property. PegasusAblon acquired the 130,000-square-foot retail and restaurant portion of The Harbor and land for additional construction. “The Harbor is one of…read more →

2016: A record year for Dallas real estate

By Steve Brown and the Dallas Morning News What a year — 2016 saw a string of all-time highs in the North Texas real estate market. Record commercial property sales. Record home prices. Construction cranes sprouting across the horizon. This year has been like a flashback to the 1980s boom, but without the crooked savings and loan money and development…read more →

As Self-Storage Booms, Hoarding Seen As Signaling A Healthy Economy

From Bloomberg News and Investors Business Daily For John Bull, a Portland, Ore.-based contractor who specializes in self-storage centers, a typical day entails supervising a crack, 10-person crew that uses light-gauge steel and screw guns to build 100,000-square-foot monuments to American materialism. They can finish one every four months, but these days that’s just not fast enough. Bull’s services are in high-demand — so much…read more →

Tim Hughes: Adjusting to Escalating Construction Costs

By Tim Hughes and D Magazine Dallas is fortunate at the moment, as commercial real estate is in a “hypermarket” due to the abundance of construction projects underway. As a result, our industry is experiencing macro and microeconomic influences to construction costs. In the construction business, there is a high demand for quality subcontractors without the corresponding supply, which is…read more →