JLL Welcomes RagingWire Data Centers to North Texas

0 CommentsBy

By JLL Dallas

RangingWire held its Grand Opening event in Garland, Texas Tuesday evening, celebrating the data center company’s newest addition and first location in Texas.

The 42-acre campus, named “TX1,” is expected to expand to 1 million square feet of data center space and 80 Megawatts of power upon its completion.

“North Texas ranks third in the… Read More

JLL Team Member Selected to Dallas Business Journal 2017 40 Under 40

0 CommentsBy

By JLL Dallas Littlejohn, Torreycropped

The Dallas Business Journal recently recognized one of our very own with a special honor.

The publication selected Dallas Senior Vice President Torrey Littlejohn to join its elite group of the city’s “40 Under 40.” This honor recognizes Dallas-Fort Worth’s top young leaders in the business community.

Torrey is the third JLL team member from our Dallas office… Read More

Categories: Uncategorized.

Opportunities within the Challenges

0 CommentsBy

By: Craig Jones, SIORCraig headshot

The industrial market in Dallas-Fort Worth is on the cusp of something huge.

As our team starts to wind down the first quarter and look at trends leading into the second, we’re seeing a tremendous amount of activity on the development side, the new project-side and from the tenants in the market. As I was enjoying Spring Break with my family, my mind… Read More

Categories: Uncategorized.

Inside the Project: Audio / Visual at CoreLogic

0 CommentsBy

By JLL Project and Development Services

The increasing role of technology in enabling employee collaboration is pushing the incorporation of Audio / Visual Systems into the early stages of build-out planning.

A recent collaboration with CoreLogic on the development of their Dallas campus provided JLL’s Project and Development Services team the opportunity to assist with the company’s goal of transforming into a modern property information, analytics and services brand.

“Our mission is to find and offer solutions… Read More

Dallas-Fort Worth Meeting Growing Data Center Demand

0 CommentsBy

By: Curt Holcomb 

There’s never been this much data center development happening at once in DFW, ever. The demand for colocation space is at an all-time high, and enterprise companies are almost universally outsourcing their data centers to colocation providers in Dallas-Fort Worth and throughout the US. The growing concentration of corporate offices for Fortune 1000 companies has played a huge factor in attracting attention to DFW.  This, coupled… Read More

Categories: Data Centers, JLL.

The Power of Millennial Money

7 CommentsBy

By: JLL Dallas Research

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 – that average incomes… Read More

Quality Space Leads Demand

0 CommentsBy

By Walter Bialas

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 looks like a… Read More

Chart of the Week: Home Price Affordability

0 CommentsBy

By Walter Bialas

JLL Research took a look at home affordability and how it has been changing in support of understanding where Legacy / Frisco is going in response to high job growth .

This is no surprise because it is in the news often – home prices have been rising fast here in Dallas/Fort Worth, with numbers like 8% to 10% annually commonly quoted. The chart below shows the median home price increase since 2013… Read More

Industrial Absorption Year-End Record

0 CommentsBy

By Walter Bialas

Our Dallas/Fort Worth industrial market has been performing extremely well.

We’ve pointed out on several occasions that despite record construction, absorption has been keeping pace. While we thought there might be a slight near-term mismatch between supply and demand, causing vacancy to rise gradually, that has not happened. In fact, as you can see below, vacancy remains at close to its all-time low.

Given where we stand today, we believe the fourth quarter will… Read More