DFW Commercial Real Estate

D-FW warehouse demand surges to one of the highest levels in a decade

Article by @SteveBrownDMN and the Dallas Morning News Fueled in part by the growth of Internet retailing, demand for warehouse and distribution space in North Texas continues to outpace new supply. During the second quarter, net leasing for Dallas-Fort Worth warehouse space added up to 6.6 million square feet – one of the highest net leasing totals in the last…read more →

AT&T shopping north Dallas Valley View mall site as potential HQ location

Article by @SteveBrownDMN and The Dallas Morning News An almost $300 million plan to redevelop North Dallas’ Valley View Center mall has caught the eye of downtown’s biggest business. AT&T has put the LBJ Freeway shopping mall site on a short list of potential headquarters locations for the telecom giant, three property brokers with knowledge of the discussions say. But longtime…read more →

The Toyota effect: DFW a beacon for companies from Japan and beyond

Article by Mitchell Schnurman and the Dallas Morning News Call it the Toyota effect. Two years ago, when Toyota said it was moving its U.S. headquarters from Southern California to Plano, the announcement made national headlines. The automaker was bringing up to 4,000 jobs and investing hundreds of millions of dollars. With its stature in Japan and beyond, the move validated…read more →

Can little apartments fit urban Big D lifestyle? Historic hotel hopes so.

Article by @SteveBrownDMN and The Dallas Morning News Dallas’ oldest hotel may find new life with the latest apartment living trend. The 111-year-old Ambassador Hotel just south of downtown Dallas was bought last year by a partnership headed by local real estate developer and investor Jim Lake Jr. Lake plans to convert the one-time luxury hotel overlooking the downtown skyline…read more →

Developer KDC eyes office tower in Dallas’ Deep Ellum

Article by @SteveBrownDMN and the Dallas Morning News Busy Dallas-based developer KDC isn’t just building in the ‘burbs. Along with the headquarters for Toyota in Plano and Verizion’s Hidden Ridge development in Irving, KDC is working on two new projects in the downtown area, too. The commercial real estate firm is just finishing construction on the 1920 McKinney tower in…read more →

It’s official, finally: By year’s end, Valley View Center will be torn down for Dallas Midtown

Article by @RobertWilonsky and Dallas Morning News With a single, simple vote of the Dallas City Council, Wednesday marked the official beginning of the end of Valley View Center. Related Come year’s end, said developer Scott Beck afterward, the wrecking balls and excavators will begin erasing the once-thriving mall built in 1973 at the corner of LBJ Freeway and Preston Road. The…read more →

Perot’s high-rise project will be the first office tower along Dallas’ Turtle Creek since the 1980s

Ross Perot Jr.’s Hillwood Urban real estate firm is looking for tenants for a high-rise office to be built on the last vacant site along Dallas’ posh Turtle Creek corridor. The 17-story tower planned at Turtle Creek Boulevard and Cedar Springs Road will occupy a block that has been empty since the mid-1980s. Hillwood hired award-winning architect Pickard Chilton of…read more →

Randy Baird: In Terms of Dallas Real Estate, What Inning Are We Really In?

By Randy Baird, Cushman & Wakefield You only have to watch CNBC for about 10 minutes before you hear speculation that the global capital markets are on the verge of collapse. Of course, if the global markets are collapsing, the U.S. must also be collapsing, and with the sharp decline in energy commodity pricing, Dallas will lead the way into the…read more →

Smoke on the Water — 3015 Cedar Springs’ Perot Plans and Turtle Creek Gardens Snatched Up

From Candy’s Dirt. Way back, a rather large mansion occupied the northwest corner of Cedar Springs and … well … Cedar Springs (or Turtle Creek depending on your map). It’s sorta across the street from The Renaissance condos.  For as long as I’ve been coming to Dallas (the mid-1980s) it’s always been an empty lot.  Apparently that’s about to change….read more →