Texas lost 13,700 jobs in August, the second monthly job loss this year
Just when it appeared that Texas’ oil-related woes were diminishing, the state loses 13,700 jobs in August, tying with New York for the most jobs lost last month
How landlords, employers should prepare for open carry of handguns in Texas
As of January 1, 2016 Texans with concealed carry licenses will have the right to open carry handguns. This puts Texas landlords in the position of having to make a decision as to whether they will prohibit open carry at their properties. Should they choose to prohibit open carry they must post the proper signage… Read more »
RagingWire, NTT Communications land 1M SF data center campus in Garland
Sacramento-based RagingWire Data Centers and NTT Communications have bought a large parcel of land in Garland near the Telecom Corridor to build a 1 million-square-foot, 80-megawatt data center campus. The deal is the latest in a series of data centers that have hit Dallas-Fort Worth in the past year
Uptown Building Announcement Boom Continues
Uptown building announcement boom continues. This is the 7th new building planned and announced for Uptown. If all buildings are built the total will add 2,600,000 square feet of space to the submarket. Currently there is 1,657,000 square feet of office space under construction or renovation in the Uptown submarket including the north edge of… Read more »
Why the Dallas Real Estate Market Is Hot
It’s no secret that Dallas has seen big up cycles in the real estate market before. But this time, things are different. We are seeing existing tenants expand without tacking on extra space they don’t need, as well as monumental corporate relocations to the area. Want to know why experts are calling 2015 the hottest… Read more »
THE EMPLOYMENT SITUATION — AUGUST 2015
August is the 59th consecutive month for job growth in the U.S. economy. Employers added 173,000 jobs in August. This brings the yearly total of jobs created to 1,652,000. The unemployment rate remains low at 5.1%. The sectors experiencing growth are health care and financial services. The manufacturing and mining sectors lost jobs. THE EMPLOYMENT… Read more »
The Best Cities For Jobs 2015
By Joel Kotkin and Michael Shires Since the U.S. economy imploded in 2008, there’s been a steady shift in leadership in job growth among our major metropolitan areas. In the earliest years, the cities that did the best were those on the East Coast that hosted the two prime beneficiaries of Washington’s resuscitation efforts, the… Read more »
Dallas News: Forecast: Dallas-Fort Worth will be a top office leasing market in 2014
By Steve Brown A new 2014 forecast predicts that the Dallas-Fort Worth area will be one of the top leasing markets in the country this year. Marcus & Millichap Real Estate Investment Services says that the D-FW area will see close to 8 million square feet of net office leasing this year. Only Houston and… Read more »
D CEO ~ March 2014: A Big Shake-up in Dallas Commercial Real Estate
Changemakers at three DFW firms are transforming the business—and gaining market share. Running a commercial real estate firm in Dallas-Fort Worth is not for the faint of heart. Firms here are at the top of their game, and the competition is fierce. But in a market as big and active as North Texas, there are bountiful… Read more »
Dallas Business Journal – Billingsley says full sails ahead for Cypress Waters development
By Candace Carlisle, Staff Writer It’s been more than a decade since Lucy Billingsley initially spotted the large parcel of land near Interstate 635, once owned by Dallas-based TXU Energy, but she still remembers seeing the property and thinking it would make an excellent plot to develop. The longtime Dallas developer kept in touch with the energy company,… Read more »
Dallas Business Journal – What makes the $3.5B Cypress Waters project so alluring? (Video)
It’s been than a decade since Lucy Billingsley first spotted the large parcel of land near Interstate 635, once owned by Dallas-based TXU Energy, but she still remembers seeing the property and thinking it would make an excellent plot to develop. The longtime Dallas developer kept in touch with the power company, hoping to land the 1,000-acre tract,… Read more »
Dallas Business Journal – Dallas ranks as fourth-fastest-growing metro area in U.S.
Dallas is the fourth-fastest growing city in the United States, according to Forbes listof America’s 20 Fastest-Growing Cities2014. That should come as no surprise to those of us who live in the area and see the steady stream of new residents and businesses and growth in many of the long-standing businesses that call DFW home. Dallas’ 2013… Read more »
Moody Younger: Hog Hunting and Commercial Real Estate ~ DRealEstate Daily, February 17, 2014
One recent Saturday I went on what has become an annual hog hunt with NAI Robert Lynn broker Sam Hocker. Sam introduced me to this sport a few years ago, and I have been hooked on it ever since. Hog hunting with Sam on the Red River is not for the faint of heart. We… Read more »
Dallas Business Journal – Billingsley to develop Cheddars’ new corporate headquarters in Irving
By Candace Carlisle, Staff Writer Dallas-based development firm Billingsley Co. plans to build the new Irving corporate headquarters for Cheddar’s Casual Cafe, which marks the beginning of a number of construction projects at Cypress Waters. Cypress Waters is Billingsley’s 1,000-acre master-planned development underway in Dallas and Irving, which has been developing the corporate campus portion of the project. The… Read more »
DallasNews: Billingsley Co lands major tenant for its Cypress Waters project
Restaurant chain Cheddar’s Casual Cafe is moving its headquarters to developer Billingsley Co’s new Cypress Waters office park. The company will relocate to a new 31,450 square foot office project that will start in late May at on Ranch Trail and Interstate 635. Complete article.
Behind the Scenes: Preston Plaza Sale – Bisnow February 5, 2014
All the stars aligned for both the buyer, Caddo Holdings, and the seller, Granite Properties, to get what they wanted out of the sale of the 261k SF Preston Plaza. Full article.
Dallas Morning News: Dallas has second highest U.S. office leasing in 2013
The Dallas-area was one of the top office leasing markets in the country in 2013, fueled by Texas’ booming economy. Dallas was second only to New York in terms of net office leasing in 2013, according to a new report from commercial real estate firm Cassidy Turley. New York was the largest leasing market with… Read more »
Bisnow Scoop: Younger Partners’ Dustin Volz and Zane Marcell
A new year, a new look: The vacant, 64k SF 1400 Corporate Dr in Irving has been snatched up by Triad Real Estate Consulting, which plans to upgrading the lobby and common areas, among other renovations, we learned exclusively from the seller’s rep. (This is your chance to put a bowling alley in the basement… just sayin’.) Younger Partners’ Dustin Volz and Zane… Read more »
Bisnow’s New Construction and Development Summit
Billingsley SVP investments and build-to-suits Marijke Lantz (far right, with Pegasus Ablon asset management VP Mark Roppolo and Younger Partners partner Moody Younger) says Billingsley’s 1,000-acre Cypress Waters project at LBJ and Belt Line opened 675 multifamily units (that were pre-leased) and has three buildings under construction, one with a HQ company, one spec, and activity is so strong that the firm is following up with another spec building…. Read more »
citybizlist: Billingsley Company Pours Slab for 6111 West Plano Parkway
Billingsley Company, one of Dallas’ most active and well-regarded real estate development companies, is making progress on construction of 6111 West Plano Parkway in International Business Park. Complete article.