Development

A roundup of recent deals, leases, executive moves, and other news from the past week.

Much of the recent leasing activity was made up of consolidations or contractions as companies continue to economize workspace.

The latest deals, transactions and personnel moves in the region.

The property offers 529,000 square feet of class A office space at 300 Interpace Parkway and 1 Upper Pond Road, with leasing opportunities from 3,500 to 90,000 square feet.

“Construction of new property continues as firms look for higher returns, putting into question levels of new supply as economic uncertainty remains,” according to Morningstar's forecast for the REIT sector. 

The Dallas Innovation Alliance's vision for its living lab in the West End is part of the burgeoning Dallas Innovation District and many of the features are being rolled out this month, GlobeSt.com learns.

The question for this year is “how much more steam is left in the market, whether the deceleration will continue or if it will level off or turn negative,” says Yardi Matrix.

Despite the encouraging number of residential-construction jobs being added to the market in December 2017, productivity needs to increase in order to meet inventory demand, says First American's Mark Fleming.