The Sale of this Massive Warehouse Adds to Hugely Impressive First Quarter
Plus: High-profile Addison shopping center changes hands, an investment firm moves its headquarters to Tower Plaza of the Americas, and more.
Interstate Crossing, a newly constructed, 1,023,488 square foot distribution facility in Fort Worth, has sold. According to CBRE’s U.S. Industrial & Logistics Figures for Q1 2021, the industrial market shows no signs of slowing down. Companies are leasing space at a historically robust pace to accommodate the large increase in e-commerce sales. Nearly 100 million square feet was absorbed in Q1, the third-highest mark on record.
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Investment banking firm moves downtown Dallas office
Estrada Hinojosa & Co. is moving for first time in 29 years.
Estrada Hinojosa & Co. is moving to the Plaza of the Americas on Pearl Street.(NAI Robert Lynn )
A growing investment banking firm is relocating its headquarters within downtown Dallas.
Estrada Hinojosa & Co. Is moving to the Plaza of the Americas at 600 N. Pearl Street.
The financial firm which as offices in eight U.S. cities is taking almost 9,000 square feet in the mixed-use project at Pearl and Bryan streets.
“We started the company in downtown Dallas, and we’re committed to staying here,” Noe Hinojosa, the firm’s chairman, president and CEO, said in a statement. “At the start of the COVID-19 pandemic, companies were moving their offices out of downtown, but the location is crucial to our business.