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Dallas Ft. Worth's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
The promising US economic recovery is becoming increasingly fragile, with strong retail sales
and home sales on the plus side versus weakening consumer confidence and delayed federal stimulus efforts on the downside.
Construction is continuing on public sector work, which is using lower costs and public facility downtime to its advantage, all while putting a greater emphasis on hygiene and safety through the use of technology.
The Dallas/Fort Worth multifamily market experienced modest downward movement in market fundamentals in second quarter 2020 due to COVID-19 and the economic downturn.
Dollar stores have been deemed as essential businesses and remained open throughout the pandemic, and as unemployment numbers increase, many households are struggling to make ends meet.
CIM Group recently provided a $190 million bridge loan to Taconic Capital Advisors, the owner of International Plaza I and II, a 780,000-square-foot double tower located in the Far North Dallas district.
WorkSuites recently launched a "Zoom Room", an additional free private space for clients' kids to study, take online classes or just play on iPads while parents work.
The latest lease agreement with Dallas' largest law firm, Haynes and Boone LLP, will mark the initial lease at Harwood No. 14, which is slated to break ground this winter.