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The Dallas Innovation Alliance's vision for its living lab in the West End is part of the burgeoning Dallas Innovation District and many of the features are being rolled out this month, GlobeSt.com learns.
A large portion of Frisco Square has sold to an affiliate of Maxus Realty Trust, including three office and two multifamily buildings, all with ground-floor retail, a Cinemark Theatre and land development sites.
Developers are now aggressively demolishing fully functional buildings in order to build product more in demand, which has historically been a warning to a pending market correction, GlobeSt.com learns.
Leon Capital will preserve the main entrance facade and structure of the original building of the Dallas Independent School District headquarters and make it a fully functional aspect of the multifamily development.
As long as the region has the anticipated continued job growth, inbound population increases, low interest rates and a sound local and national economy, there is no reason for an immediate reverse cycle.
In a recent example, $20.5 million in financing was obtained for The Georgian, a 288-unit multifamily property, with a sponsor that was looking to secure a long-term loan at a competitive fixed rate.
Now that the Airport Freeway construction is complete, office buildings along that freeway are beginning to record increased occupancy levels, resulting in attractive investment opportunities in the area.