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Skybox and Bandera team up on a 1 million-square-foot data center, STRIVE taps new multifamily lead, Morrow Hill expands, top DFW deals, and more. ....
Big deals from financial services firms are driving the North Texas office market, and other sectors are active, too. Here are the projects, transactions, and industry professionals leading the way. ....
Strive's managing director shares the toughest challenge she continuously encounters as a woman in commercial real estate, the time she took all of her money out of her 401k, and more. ....
Deal Ticker: Longtime Vacant Garland Building Gets New Owner From Innovative Industry Plus Trammell Crow Residential plans Ross Avenue multifamily, Frisco s Shops at Stonebrook exchanges hands, and more. Garland has approved a deal with Future Foam, Inc. to renovate and begin operations at 3000 W. Kingsley. Future Foam will spend $3 million renovating the 341,840 square feet facility and reactivate rail service to the facility with this project. The building has remained vacant since 2015 when APEX Tool Group consolidated its operations from their Garland site into their South Carolina facility, resulting in the loss of 261 jobs. Nearly $3 million will be invested in renovating the existing facility on the 19.69-acre site. An additional $6 million will be added to the City’s tax rolls from the transfer of operations and from additional machinery and equipment added through the expansion. Initial operations will create 104 full-time positions with plans for ....
Meet The Leaders (And Projects) Furthering North Texas’ Resilient Commercial Real Estate Market In a year of unprecedented challenges, the Dallas-Fort Worth real estate community powered through with notable projects and deals. By Bianca Montes and Christine Perez Published in D CEO April 2021 Portraits by Sean Berry, Headshots and Project Images Courtesy of Companies North Texas commercial real estate players have survived some huge downturns over the years, from transformative tax-law changes to energy crises and tech busts. Those challenges pale in comparison to the pervasive COVID-19 pandemic that took hold in early 2020. Retail stores and office buildings emptied, and with no historical frame of reference, no one knew what to expect or how to plan for the future. Local industry professionals responded in true resilient form, closing deals, developing new projects, and stepping up to support a community in need. ....