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Business
[Photo: Drive Shack]
Golf Entertainment Company Drive Shack Begins Trading on the OTCQX Market
by Lance Murray | Feb 2, 2023
The move comes several weeks after Dallas-based Drive Shack—whose portfolio consists of American Golf, Drive Shack, and Puttery—voluntarily delisted from the NYSE.
“We are excited to trade on the OTCQX market to allow efficient, cost-effective access to the U.S. capital markets and transparent trading for our investors as we drive to increase shareholder value in the public markets,” said Hana Khouri, the company's president and CEO.
by Lance Murray |
Feb 2, 2023
Epic Sales Partners has launched by unifying Premier Sales Solutions, Maher Marketing, Frontier Food Brokerage, and MPF Sales and Marketing into a single top "fresh food catalyst" with more than 35 years of experience as a group.
Epic says it is the largest independent, commonly owned and managed food sales agent in the U.S., focused on providing grocery retailers with fresh food and consumer-relevant brands.
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by Lance Murray |
Feb 2, 2023
Architect Marc Jennings has joined HFA Architects & Engineers as vice president of logistics, bringing with him extensive experience in construction and development.
An expert in the industrial-sector, Jennings leads HFA’s Fort Worth studio and the growth of its industrial and logistics programs, which include electrical, refrigeration, fire-protection, civil engineering, and architectural work on automated distribution and microfulfillment centers for top retailers, the firm said....
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by Lance Murray |
Feb 2, 2023
The Cowgirl Channel will be a sister network to Rural Media Group's The Cowboy Channel, which covers pro rodeo among other things. Together, the two Fort Worth-based channels aim to grow the popularity of Western sports and lifestyle. The new network will be available on DISH Network Channel 269 and on the SLING app.
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WomenXTech Summit: The DEC Network Aims to Unleash the Power of Women in Tech on Feb. 8
by Lance Murray | Feb 1, 2023
The DEC Network wants to help women take their tech game to the next level in a male-dominated industry. The 2023 WomenXTech Summit, a one-day, in-person summit for women, will be held Feb. 8 at Smart Business Concepts’ headquarters in Dallas.
The event is designed to bring women tech entrepreneurs together to spread their ideas on how to succeed and support each other in the technology industry, the DEC Network said....
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by Dallas Innovates | Staff Report |
Feb 1, 2023
It's a big deal for an ad agency to get one commercial into the Super Bowl, where 30-second spots this year are running for $7 million a pop. But during this year's big game, Dallas-based LERMA/ Agency will be cheering on three different spots it produced.
According to the Dallas Business Journal, LERMA/ produced a :30 spot for Irving-based Avocados from Mexico, and also said "Action!" for a 30-second and a 60-second spot for "He Gets Us" a Christian ad campaign funded by what Christianity Today calls "a small group of wealthy anonymous families."
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by Lance Murray |
Feb 1, 2023
Called The Agency, the brokerage has been featured on TV shows including "Million Dollar Listing Los Angeles," "The Real Housewives of Beverly Hills," and Netflix's "Buying Beverly Hills." Its new office at 8117 Preston Road is part of a growing network of more than 70 offices in the United States, Canada, Mexico, the Caribbean, and Europe. The Dallas office will be led by managing partners Damon and Megan Williamson.
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by Lance Murray |
Feb 1, 2023
China-based commercial and outdoor lighting manufacturer Ledsion Lighting has rapidly established a U.S. headquarters and regional distribution center in the Lake Highlands area of northeast Dallas, leasing 25,730 square feet of office/warehouse space to facilitate a quick move.
“We met our client’s relocation deadline despite the limited options in the market,” Joe Santaularia, senior vice president and managing partner of Dallas-based Bradford Commercial Real Estate Services, said in a statement....
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The Wiley X headquarters building in Frisco, as seen in 2023. [Photo: Wiley X]
Protective Eyewear Maker Wiley X Opens New HQ, Plans First Flagship Store in Frisco
by Lance Murray | Feb 1, 2023
Veteran-founded Wiley X has been providing premium protective eyewear to the U.S. military since its founding as a family-owned company in 1987. It built its new HQ in Frisco from the ground up, relocating from its former home base in Livermore, California. The company's products have a devoted following among outdoorsmen and women who hunt, fish, and shoot—along with government and first responder networks.
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by Lance Murray |
Jan 31, 2023
Oak Cliff-based development firm Stewarding Space has bought eight sites in Lancaster’s downtown square totaling 17,000 square feet, with plans to revitalize, attract more businesses, and bring more attention to the area.
Founder Michaella Ramler told the Dallas Business Journal that she’s on a mission to bring life back to the community....
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by Dallas Innovates | Staff Report |
Jan 31, 2023
Commercial and multifamily starts in Dallas-Fort Worth skyrocketed 51% in 2022 to nearly $16.7 billion, according to a new report by Dodge Data & Analytics—ranking the region at No. 2 in the U.S., behind only the New York metropolitan area. According to the report, hotels were the only sector in DFW to fall for the year.
The two biggest commercial projects seeing action during the year were a $314 million Hall Park tower development and a $206 million Walmart distribution center.
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by Dallas Innovates | Staff Report |
Jan 31, 2023
Despite an economically challenging year that included AT&T's spinoff of WarnerMedia, Stankey believes his company delivered in 2022—for both customers and shareholders.
In a story by Natalie Walters in the Dallas Morning News, Stankey said his company's renewed focus on its telecom DNA paid off, with the addition of 2.9 million postpaid phone connections and an additional 1.2 million fiber connections in 2022—and some key lessons learned.
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Greg Katz heads up the new Greater Miami office as Executive Managing Director and Partner at Stream Realty Partners. [Photo: Stream]
Dallas’ Stream Realty Partners Opens First Florida Office in Greater Miami
by Lance Murray | Jan 31, 2023
The office will be led by Executive Managing Director and Partner Greg Katz, who comes to Stream from Newmark and has lived and worked in South Florida since 2000. He is tasked with overseeing the brand's growth across the state.
The new office is Stream's 15th location across the U.S., the company said. In 2021, Stream opened three offices—in Nashville, Northern Virginia, and Phoenix—to complement its locations in some of the strongest commercial real estate markets in the nation, including Atlanta, Chicago, Houston, and Southern California.
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by Dallas Innovates | Staff Report |
Jan 30, 2023
Dallas-based NexPoint Development is in early talks with the city of Plano to transform a 1.6 million-square-foot former EDS campus and adjacent land into a life sciences hub, according to the Dallas Morning News.
The alternative investment firm would aim to invest $3.6 billion in the redevelopment project—called Technology x Science, or the TxS District for short—and partner with the city through its economic development incentive programs, according to the report.
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by Dallas Innovates | Staff Report |
Jan 30, 2023
Ebby Halliday Cos. President and CEO Chris Kelly was one of the speakers at a recent Real Estate & Economic Outlook event presented by the North Dallas Chamber of Commerce Wednesday at SMU. While many experts believe the U.S. may go into recession later this year, Kelly believes the housing market may already be regaining its feet by then.
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by Lance Murray |
Jan 30, 2023
The company has awarded a contract for front-end engineering and design for the project. Its Baytown low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce 1 billion cubic feet of low-carbon hydrogen per day, making it the largest low-carbon hydrogen project in the world at planned startup in 2027-2028.
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