Dallas/Fort Worth

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.

Berkshire Property Holdings acquired the 568-unit portfolio, with plans to implement a multi-million dollar renovation program.

Michaels is launching new test-and-learn store concepts at two locations in Texas to enhance the retail experience.

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.

In one of the deals, the REIT acquired a newly-built facility in Florida for $25 million.

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.