City officials have done a great job of increasing awareness about the opportunities and benefits for companies to establish a presence here. We’re attracting the attention of many newer, trendier national companies interested in moving to North Texas. Fort Worth Betsy Price herself has been quoted as saying our city has one… Read More
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… Read More
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… Read More
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… Read More
People are reading headlines every day that many of the retailers they grew up with are closing. That the casual dining area is suffering. There’s an overwhelming fear that retail will never be the same, and, to some extent, that’s true.
Dallas Skyline properties are evolving, morphing themselves into a ‘live, work, play’ environment, with new developments and capital improvements to established assets generating strong interest in the CBD and nearby Uptown for perspective tenants and investors, alike.
Our solid economic fundamentals, strong employment pool and continued job gains are driving… Read More
While we tout the diversity that characterizes our office tenants here in Dallas-Fort Worth because of the strength and stability it brings, our industrial tenant base shares a similar diverse make-up.
The chart below highlights the breakdown of industrial tenants by major Standard Industrial Classification (SIC) category, illustrating the wide variety of tenants that shape our market. We have also included some of the more recognizable tenants that fall… Read More
Recently, a map had been circulating online that noted the average salaries of millennials in each state. Because the state-to-state differences were pretty minor, we decided to investigate further and look into what this really meant to working millennials in major metro areas.
To start, we pulled incomes for working millennials (ages 25-34 years) in the major metro areas in the US. The initial results showed the obvious –… Read More
While office absorption has slowed from its frenzied pace in 2014 and 2015, it is still running well above our long-term annual average of around 1.5 million square feet. At the start of 2016, we took a shot and estimated that we would be around a 2 million square feet this year. With 1.5 million square feet of Class A and B in the books through 3Q, that still… Read More