Tag Archives: JLL

AmerisourceBergen breaks ground on new campus

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By JLL Dallas

AmerisourceBergen Specialty Group Executive Vice President and President James Frary addresses the crowd.

International healthcare company AmerisourceBergen broke ground Thursday on their new regional headquarters in Carrollton, Texas.

Upon its completion, the 300,000-square-foot campus at Austin Ranch will house the company’s Specialty Group of approximately 3,000 employees.

JLL South Central Region… Read More

Inside the Project: Audio / Visual at CoreLogic

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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

Chart of the Week: A closer look at Dallas’ Skyline

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By: Walter Bialas Bialas, Walter new

When I arrived here three-and-a-half years ago, Klyde Warren Park just opened.  That was a game changer that we all recognized.  Our urban core has continued to evolve as occupancy has increased in many buildings and rents are now pushing the $50 per square foot level. Our Skyline buildings comprise a variety of assets, from large skyscrapers built in the prosperous 1970s and 1980s to… Read More

Chart of the Week: Putting Dallas’ Recent Home Price Increases in Perspective

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By: Walter Bialas Bialas, Walter new

Our market has seen unprecedented growth the last few years, adding close to 690,000 jobs since 2010 – a 23% increase. That is an amazing performance!

One of the prices for that level of economic expansion is the very tight housing market we now have.  Rents are going up for apartments most… Read More

Chart of the Week: Where the Dallas Market Goes From Here

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By: Walter Bialas Bialas, Walter new

As a quick review of our first and second installments on Dallas’ office market development, what we have concluded is that the current cycle is very different than the last two – and that is going back 20 years.

Today, our economy has vastly different drivers shaping our market. While our last cycle is instructive, it was not typical due to the much lower office constructionRead More

Chart of the Week: How the Last Office Deliveries Fared

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By: Walter BialasBialas, Walter new

As part 2 in our series, we decided to look at how the last spec office buildings performed at the end of the last cycle.  This important for a couple of reasons.  From the most basic financial perspective, it is critical to understand if these developments generally hit proforma and were viewed as economically “viable” – and their success (or failure) ultimately conditioned… Read More

Chart of the Week: As Dallas’ Current Office Pipeline Ramps Up… a Bit of History

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By: Walter Bialas

The question has been coming up often these days about where office development stands in this cycle.  A recent D Real Estate blog post articulated this question, but came up short of an answer.  From our perspective, the office construction pipeline is beginning to feel pretty frothy.  In the last few week we’ve updated our under construction / soon to break ground numbers a few times a week – and that number… Read More

Chart of the Week: Increase of Higher-Wage Jobs in Dallas Outpacing National Trends by a Wide Margin

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By: Walter Bialas

One common news story – and a criticism of our economic recovery – is that we are creating a preponderance of low-wage jobs.  Some have noted that it is easy to find work these days, but difficult to find a “good” job (aka. high paying), and that a large share of the jobs being created are in retail, health care (those are not doctors, in case you were wondering), and other service… Read More

Chart of the Week: Local Office Market Leader Board

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By: Walter Bialas

Despite a slow start to 2016, we can’t forget the great strides we’ve made in our local office market.

While Jordan lost his focus on the 12th, our local market continues to be pretty robust.  The chart below highlights the submarket leaders.

Amazing to note that Uptown’s vacancy has declined by almost 11-percentage points since the end of the recession – and that Far North Dallas, Richardson – Plano, and Las Colinas have totaled-up… Read More