Dallas/Fort Worth

The continued expansion of e-commerce has prompted unprecedented demand for US logistics space but also for investors looking to place capital, Transwestern says in this <b>EXCLUSIVE</b>.

The site for Princeton Crossroads is on the county's largest undeveloped commercial tract, and will include a city hall and park, a retail center, a multifamily project, 333 single-family homes and 166 townhomes.

New retailers are set to open locations at Southlake Town Square including Lush Cosmetics, Johnny Was and TravisMathew, which are expected to open in early 2019.

Common Desk recently announced its expansion into the Innovation District of the West End neighborhood with Common Desk–Factory Six03, a 18,085-square-foot co-working space.

E-commerce tenants are a driving factor for positive absorption in all DFW submarkets, particularly those where last-mile distributors covet central locations as exemplified in the acquired Pinnacle asset.

Studies by the Texas State Data Center predict continued rapid land development and population growth for the Dallas area in general and for Kaufman County in particular during the coming decades.

The project has already received very strong local demand with more than 76% of homes sold since sales began in January, company officials state.

At the city level, Dallas and Fort Worth are two of the six cities that had nothing but high-end apartments in 2017, and all new apartments are luxury-grade in the first half of 2018.