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.
This project by Bright Realty is an expansion of the current 423-unit Discovery at The Realm multifamily complex and is one of several developments currently underway in the mixed-use community.
Due to Cytracom's rapid growth and plans to increase its workforce by 30%, it is tripling its space at AllenPlace I, which will soon span 11,870 square feet.
Fueled by increasing affordability challenges and an expanding demographic of renters, coliving's expansion has passed the early stages and it is a fully fledged niche asset class in cities such as Dallas.
Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.
Mercedes-Benz Financial Services has maintained a presence in Texas since 1991 and has called AllianceTexas home since 2007 but recently celebrated the opening of its larger business center there.
Mortgage rate, stock market and other economic fluctuations will always have an effect on consumer confidence, but DFW area builders have been able to adjust, improving cycle times and leveraging costs.
Rents in Austin are recording a visible increase during the past 12 months due to a couple of factors, of which the most striking is the area's economic development last year and continuing this year.
The plant will also leverage some of the most advanced manufacturing technologies including pre-flattening steel technologies to improve material yield by almost 25%, and water/energy management.
Invesco, which last week completed the acquisition of MassMutual's asset management affiliate OppenheimerFunds in a deal reportedly valued at $5.7 billion, will be adding 500 jobs and investing $70 million as part of its major expansion in Atlanta.
The Offices Two at Frisco Station, a six-story 210,000-square-foot class-A office building at the corner of Cowboys Way and Gridiron Road, recently topped out and is slated for completion in October.