Alexandria Real Estate Equities is one of the largest life science REIT's in the country and is re-platting property near the new pediatric campus along Harry Hines Boulevard.
Data from rent.com shows the average for a two-bedroom in Dallas has jumped up 46% from last year. Other cities like Grapevine and Grand Prairie are seeing even bigger rent increases. Only one North Texas city saw a consistent drop in rent prices.
Chicago-based Waterton has acquired a 400-unit apartment complex called Alta Strand in the Design District bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
5 Risks to Dallas’ Economic Growth And Affordable Housing Efforts
Capital that once focused on coastal cities has shifted to Dallas. Mintwood Real Estate leader Katy Slade on how to ensure the economic impact benefits all.
By
Katy Slade
Published in
Commercial Real Estate
May 3, 2021
2:32 pm
Dallas’ economy endured the pandemic better than most markets. In fact, according to a recent CBRE study, it is the no. 2 destination for real estate investment in the country. Capital that was singularly focused on coastal cities has shifted interest to Dallas. This is an incredible opportunity to supercharge Dallas’ growth and development – and to make sure that the economic impact benefits everyone.