DFW Commercial Real Estate

How The Amazon-Whole Foods Combination Will Impact DFW’s ‘Big Game’ In Grocery Shopping

BY LILY CORRAL and D Magazine While it’s hard to say exactly what an Amazon-owned Whole Foods shopping experience will be like, you can be sure that all eyes will be on the effects of this proposed retail combination. The dust is now settling after Amazon’s June 16 announcement that it wants to buy Austin-based Whole Foods Market for $13.7 billion. And,…read more →

New York and Texas ranked top 2 markets for commercial real estate development in 2016.

    By Steve Brown and the Dallas Morning News For the second year in a row, Texas was behind only New York in total commercial real estate spending in 2016. Commercial property construction expenditures topped $18.5 billion in the Lone Star State last year. And development supported  310,994 Texas jobs, according to the new report by the NAIOP Research…read more →

Dallas builders bid to buy DISD headquarters properties east of downtown

By Steve Brown and the Dallas Morning News A Dallas apartment and commercial building developer is offering more than $9 million to buy the Dallas Independent School District headquarters on Ross Avenue. Leon Capital Group won a bid to purchase the school headquarters buildings at Ross and Washington avenues just east of downtown. The office buildings are on part of…read more →

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 →

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 →

That Big Box Sam’s at Cityplace May Not Happen After All, Property Could Command Higher Price

By Candy Evans and Candysdirt.com Word came Tuesday from Jonas Park, the “Accidental Activist”, that a Dallas county judge has ruled to void an ordinance for a planned development district on Central at Carroll Avenue, across from Cityplace, that was all but certain to be a big box Sam’s Wholesale Club. Talk about David and Goliath: Judge Michael O’Neill ruled…read more →

Frisco’s $2 billion Wade Park project stuck in slow lane on the tollway

By Steve Brown and the Dallas Morning News One of the biggest projects on Frisco’s much touted $5 billion mile may also be one of the slowest. The $2 billion Wade Park development is the most ambitious of several huge mixed-use developments in the works along the Dallas North Tollway. The 175-acre project at the southeast corner of the tollway and Lebanon Road…read more →