Author Archives:

Big Apple to Big D: How is Downtown Dallas becoming more like NYC?

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By Brooke Armstrong

We’ve been talking about Uptown for a long time. A lot of positive trends, like “live-work-play” environment, amenity rich, walkability. Everybody wants to be a part of it. As this cycle starts to peak, it seems safe to say the submarket has truly arrived.

In fact, JLL recently published a study that noted McKinney Avenue as the 14th most expensive street in the United States,… Read More

JLL’s Women’s Business Network supports local women’s shelter

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By JLL Dallas

JLL’s Women’s Business Network (WBN) – Dallas Chapter recently elected to sponsor and attend Genesis Women’s Shelter & Support’s annual Young Leaders Masquerade event. The Genesis Women’s Shelter provides an all-encompassing approach to helping women and children in crisis, and has a very positive reputation throughout the region.

“Out of several organizations nominated, the Executive… Read More

Data Centers: Where we come from, where we are and where we go tomorrow

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By Ali Greenwood

All of us are constantly utilizing technology, whether it’s depositing checks with your bank’s smartphone app, taking pictures of your kiddos, cat videos, Insta-stories, sending emails, or streaming your favorite movie or tv series.  All of these things touch a server in a data center somewhere. Technology and the data center industry are growing like crazy, and I consider myself fortunate to be right… Read More

The growth and transformation of Allen

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By Walter Bialas

Despite the ups and downs of the national economy, the Dallas-Fort Worth metroplex expands.  I find it hard to believe that at the beginning of the tech boom in the 1990s, our job base totaled 2.6 million versus 3.7 million today.  At that time, our telecom corridor was rapidly expanding and Legacy was in its toddler years. Those 1.1 million new jobs fueled the expansion and creation of many business hubs.

As we… Read More

Trailing back: How JLL is using industry expertise to help breath renewed life into a Fort Worth community

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By David Berzina

One commonality of development across the US is that urban communities have “hot areas” and they have “cold areas.” Hot areas are the new shiny places to reside with new schools, new and exciting retail choices, new and smooth streets and thoughtful concepts mysterious and appealing to the eyes of all who live, work and visit in their midst.Read More

NBC DFW: JLL Research – DFW Business Owners Experiencing 30% Hike in Rent

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By JLL Dallas

According to the latest research from JLL, the Dallas-Fort Worth market is seeing historic rents and vacancies with new companies and businesses making their way to North Texas. Over the last five years, businesses have also seen a 30% increase in their rents.

NBC DFW’s Maria Guerrero spoke with JLL Executive Vice President Brooke Armstrong to learn more about what’s driving these changes in the market and how… Read More

Data Center balance: Navigating supply and demand

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By JLL Dallas

Dallas-Fort Worth is situated at the center of Data Center growth; navigating heavy absorption with rising demand while rental rates remaining relatively flat.

Texas Real Estate Business magazine spoke to JLL Vice President Ali Greenwood to get the latest and learned how data center developers are using a unique strategy, allowing them to create… Read More

Construction begins on new West End asset

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By JLL Dallas

Crescent Real Estate Managing Director John Zogg addresses attendees at the official groundbreaking of The Luminary.

Crescent Real Estate and Long Wharf Capital broke ground on the newest addition to Dallas’ historic West End, The Luminary. The 162,710 square foot office property will be the tallest building in… Read More

How will XTO’s move impact Fort Worth’s office market?

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By Todd Burnette

This article was originally written for the October 2017 issue of Texas Real Estate Business magazine.

The recent announcement that XTO Energy Inc., a division of energy giant ExxonMobil, will be moving 1,600 jobs to Houston was not the best news for Fort Worth.

The move, which will occur in waves between 2018 and 2020, will reduce downtown’s private workforce by 3 percent… Read More