DFW Office Sublease Space Beginning to Rise Again
By Steve Triolet, Younger Partners Research Director One indicator of the market’s health is the amount of sublease space available. The DFW office market saw almost 7 million square feet of sublease space in early 2018 (as several tenants opted for new construction). In 2019, sublease declined, but has been on the rise again over the past… Read more »
YP Shares COVID-19 Experiences with DBJ
By Taylor Tompkins – Data Reporter, Dallas Business Journal May 31, 2020, 6:05pm EDT Managing partners Kathy Permenter and Moody Younger have been spending a lot of time on the phone since the beginning of the pandemic. Once closures began, the pair in charge of Younger Partners began checking on employees and clients. Phone calls ran the gamut — checking on families,… Read more »
May YP Spotlight: Chito Ruiz
Our May spotlight, Humberto “Chito” Ruiz Jr., has been a maintenance technician for Younger Partners since February 2016 in Tyler. He enjoys keeping the building tenants happy and thrives on their positive feedback. He says receiving a simple thank you means a lot to him. He is very family-oriented and enjoys riding ATVs with his… Read more »
Innovative Private Training Fitness Concept Coming to Dallas
A new fitness concept designed to help personal trainers take charge of their schedules, help their clients 24/7, and keep 100% of what they make is coming to the Dallas Design District. Self Made Training Facility (SMTF) Dallas is targeting an early July opening in a 13,375-square-foot fitness facility at 1925 E Levee St. in… Read more »
D CEO: How Yoga Helps This YP Exec Get Through The Chaotic New Normal
By Scot C. Farber Sometimes the most life-changing events happen by accident. Today, I’m a yogi who practices being in the moment and enjoying life every day. However, the path that led me to reach that balance was not one I had planned to take. About 15 years ago, I lost a bet with a… Read more »
Scot Farber Takes on Mount Kilimanjaro
Younger Partners Managing Principal Capital Markets Scot Farber is knocking an item off of his bucket list this June when he climbs Mount Kilimanjaro. He’s partnering with the Make-A-Wish Foundation of North Texas to help raise money for critically ill children to be granted wishes. He wants to raise $1 for every one of the… Read more »
Greenway Tower Featured in Bisnow: CRE Industry Keeps Deals Afloat Through VR Technology, Skype and FaceTime
March 30, 2020 Kerri Panchuk, Bisnow Dallas-Fort Worth All the intangibles revealed during commercial property tours, like a building’s patina or its interior design, or how it just feels to walk into the lobby, help landlords win over potential tenants. But what happens when an international pandemic like the coronavirus makes it impossible for brokers to invite prospective tenants… Read more »
CoStar: Younger Partners Brokers 185k SF Building Sale to Texas Investor
By Candace CarlisleCoStar News March 27, 2020 | 03:44 P.M. A Texas-based real estate investment and services firm has made its latest buy in North Texas and plans to renovate the office building. Dallas-based Sunwest Real Estate Group bought the building from iStar, a New York City-based real estate investment trust, according to CoStar data. The… Read more »
Online Sales/Returns Creating Growing Reverse Logistics Problems
By Steve Triolet, Younger Partners Director of Research The Dallas-Fort Worth industrial market continues to perform well, thanks to the Metroplex’s robust job and population growth and the continued strength of the regional and U.S. economy. The market continues to deliver an incredible amount of industrial supply. The metroplex has averaged more than 20 million… Read more »
Leasing Activity by Industry: How is 2020 Going to Compare to Recent Years?
By Younger Partners Research Director Steve Triolet Large built-to-suits and corporate relocations can change what industries garner the most activity in any given year, but over the past few years a handful of trends have emerged for the DFW office market. One is DFW’s lack of reliance on the energy sector as a key industry… Read more »
YP 2019 Top Producers
Congratulations to Younger Partners’ 2019 Top Producers. (Pictured left to right, along with YP leadership): Robert Grunnah, Byron McCoy, Jeremy Lillard, Shawn Street, Tom Grunnah, Trae Anderson, Sean Dalton, Garrett Marler, Michael Ytem, John St. Clair, and Moody Younger. Seated: Tanja McAleavey and Kathy Permenter. #YoungerPartners #OurKindOfPeople #TopProducers
YP Works Together on Lease; Grows Brokerage Team
Younger Partners brokers teamed up on an 8,423-square-foot lease for Lifecare 2.0 Management Services, LLC at Colonnade III in Addison. The tenant was represented by Bo Estes and the landlord was represented by Moody Younger, Kathy Permenter and Sean Dalton. Bo joined the Younger Partners team in late 2019 from Colliers International, where he served… Read more »
Kathy Permenter: Stemmons Service Award Winner
Congratulations to YP’s Co-Managing Partner Kathy Permenter on her NTCAR Stemmons Service Award win. She leads with a servant-leader style, working side-by-side with her team. She is the epitome of class and we couldn’t be prouder. Congratulations to her fellow nominees, Mike Geisler of Venture Commercial, Lynn Dowdle of Dowdle Real Estate and Sharon Friedberg… Read more »
D CEO Names Younger Partners’ Tenet HQ Relo/Lease to 2020 Commercial RE Awards
Younger Partners is excited to be a D CEO 2020 Commercial Real Estate Awards finalist for the Tenet Healthcare HQ relocation/lease. Winners will be revealed by D CEO in March. YP’s Kathy Permenter and Moody Younger represented Fortune 500 Tenet in a more than 392k SF lease at International Plaza 1. Cushman and Wakefield represented… Read more »
What’s in store for the DFW Office Market in 2020
By Younger Partners Research Director Steve Triolet As the New Year kicks off, the greatest challenge (or pain point) for the Dallas/Fort Worth office market in 2020 is the abundance of large blocks of second generation space that will need to be backfilled. The charts below breakdown where the large blocks of space are, what… Read more »
Robert Grunnah’s Year-End Annual North Texas Land Absorption Report
Younger Partners’ Robert Grunnah gives the lay of the land in the land investment market for DFW in D CEO on Dec. 26, 2019. The North Central Texas land market has seen no significant influence modifying its prior three years of sales and absorption activity, with the exception of increasing values and scarcity of inventory… Read more »
Helping Wishes Come True: Make-A-Wish North Texas
Younger Partners has a tremendous relationship with the wonderful charitable organization, Make-A-Wish North Texas. Our team not only manages and leases its regional headquarters, but to show our ongoing support, Make-A-Wish was selected as one of Younger Partners’ 2019 charities. In December, Younger Partners was fortunate to be a part of the Make-A-Wish send-off for… Read more »