Dallas/Fort Worth

More tracts, pads and outparcels are in the works for a power center, the Shops at Broad, in this rapidly growing city of Mansfield that is part of the DFW metro area.

The property is located near JPI's headquarters in Irving in the heart of the Las Colinas master-planned community in the Dallas-Fort Worth region. Jefferson Riverside was developed and built by JPI in 2017.

Redevelopments are providing retail boosts for DFW such as the completion of Trinity Plaza, followed by a planned renovation for Trinity Valley, a Carrollton retail landmark with a newly opened WinCo Foods.

For the past four years, BREG invested in substantial capital improvements and implemented an active management plan to convert the property from standard office zoning to its current medical office status.

Speculative development is much less prevalent today than in past boom times–with many of Dallas/Fort Worth's large office and industrial projects significantly leased up prior to construction.

The current expansion period is the second-longest post-war boom period on record and may become the longest, which would indicate that the cycle may be close to a peak.

The modern 400 Record was redesigned with employees, future tenants and the surrounding community in mind, to transform the building into a public space with an enhanced street experience.

The Dallas metro area economy continues to expand at a rapid rate, with more than 116,000 jobs added since August 2017, resulting in multifamily demand that easily exceeds new supply.