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… 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… 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… 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… Read More

What is “Quality of Life?”

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By David Berzina

When companies make a decision to expand or relocate, they start with core criteria that has a business-first listing of requirements. The overall cost of doing business, the ability to find and retain a specific talent or workforce, a facility, available incentives and a distribution system, and somewhere in that criteria rests the term, “Quality of Life.”

The “Quality of Life” component… Read More

NetScout breaks ground on new research and development office

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By JLL Dallas

High-tech firm NetScout broke ground Wednesday on their new regional research and development office in Allen, Texas. The 145,000-square-foot office project, being developed by Kaizen Development Partners, will house nearly 500 employees upon its completion.

JLL Managing Director Greg Biggs, Managing Director Brendan Callahan and Vice President Conor McCarthy negotiated the office lease on behalf of NetScout.

“It was a pleasure and an honor to play a role in securing NetScouts’s… Read More