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Dallas’ LERMA/ Agency Produced 3 Commercials for This Year’s Super Bowl

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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Reality TV-Featured Luxury L.A. Real Estate Firm Opens Dallas Office
by | 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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Ledsion Lighting Makes Quick Move Establishing U.S. Headquarters in Lake Highlands
by | 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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Primoris Services Appoints New Chief Information Officer
by | Feb 1, 2023

Dallas-based Primoris Services Corp. has appointed Chad Haxton as chief information officer, a role in which he will continue to drive the company’s digital transformation via innovation and tech implementations....

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Oak Cliff Development Firm Buys 8 Sites in Lancaster Downtown Square for Revitalization

by | 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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Report: DFW Was No. 2 in the U.S. in 2022 Commercial and Multifamily Construction Starts
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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The Last Word: AT&T’s John Stankey on How to Have an ‘Emotional Attachment’ With Customers
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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Hyosung Innovue: The ATM Maker Rebrands to Embrace a ‘Customer-Led Revolution’   
by | Jan 31, 2023
The Irving-based maker of ATM technology based its new "Innovue" branding on the words "Innovation + VIsion"—expressing Hyosung's goal of creating exciting new solutions, services, and experiences. "Nowhere in our new frame of reference will you find the words ATM, cash, retail, or banking," CMO Brad Nolan told Dallas Innovates. "We have opened the aperture and unshackled our employees to think big."
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DMN: Dallas’ NexPoint Eyes Potential $3.6B Investment to Create a Plano Life Sciences Hub

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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The Last Word: Ebby Halliday’s Chris Kelly on How Housing Tracks the Economy, and Why DFW Looks Good in 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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Irving-Based ExxonMobil Takes Step Toward World’s Largest Low-Carbon Hydrogen Facility
by | 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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Digital Edition: Dallas Innovates Magazine 2023
by | Jan 27, 2023
Welcome to the pulse of North Texas, where creativity and innovation converge to shape the future of business and beyond.
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Comerica Bank Launches SmallBizCo-Op to Support Small Businesses

by | Jan 27, 2023
The banking giant said that via its new SmallBizCo-Op concept, Comerica will share its assets and resources with small business customers in the region to help them achieve their goals—and get the perks usually reserved for big businesses. "These opportunities are designed to deliver real value to our customers"—enabling them to "help strengthen their own customer relationships," said Cassandra McKinney, executive director of Comerica's Retail Bank.
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CBRE Survey: DFW is Nation’s No. 1 Target for CRE Investment in 2023
by | Jan 27, 2023
Commercial real estate investors nationwide ranked Dallas-Fort Worth as the #1 market for investment among the top 10 U.S. metros, according to a 2023 U.S. Investor Intentions Survey conducted by Dallas-based CBRE. According to the survey, more investors are looking beyond gateway markets and prioritizing high-performing secondary markets in 2023. Dallas-Fort Worth ranked No. 1 among the most preferred U.S. markets for investment, and No. 1 among the top 10 markets expected to outperform.
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Santander Consumer USA Names President of Chrysler Capital & Auto Relationships
by | Jan 27, 2023

Dallas-based Santander Consumer USA Inc. announced that Betty Jotanovic will be president of Chrysler Capital and Auto Relationships where she will be responsible for all aspects of Santander Consumer’s Chrysler Capital and Auto Relationships.

Jotanovic will report to Bruce Jackson who recently was named head of the Santander US Auto business and CEO of Santander Consumer....

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The Last Word: Brian Gorenc on Trend Micro’s Connected Vehicle Event Coming to Tokyo in 2024
Japan-based cybersecurity provider Trend Micro has its U.S. headquarters is in Irving. One way the company fights overall cyber threats: the Trend Micro Zero Day Initiative's Pwn2Own bug bounty competition, which for 17 years has rewarded security researchers for privately disclosing vulnerabilities. Today, recognizing the growing threat to the world's connected vehicle ecosystem, Trend Micro announced a standalone competition—Pwn2Own Automotive—to take place in January 2024 at Automotive World Tokyo.
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