Welcome to the digital edition of the DALLAS® Commercial Real Estate magazine, as we (re)introduce it with a special double issue.
Known for years as the Dallas-Fort Worth Real Estate Review, it gets a new name for 2022 and beyond: DALLAS® Commercial Real Estate. It also gets a bigger playing field with an online presence on Dallas Innovates, together with a bigger distribution in DFW and across the U.S.
While the name is new, our mission is the same—to cover the people, industries, projects, and deals that make Dallas-Fort Worth a top place in the U.S. to grow your business.
While the name is new, our mission is the same—to cover the people, industries, projects, and deals that make the region a top place in the U.S. to grow your business.
From Fort Worth to Frisco and all points DFW, North Texas has reached an inflection point. More and more companies realize this is one of the best spots to move or expand their business—and you’ll see the exciting reasons why in this issue.
DALLAS® Commercial Real Estate—Dallas Innovates’ sister publication—is published in partnership with the Dallas Regional Chamber and The Real Estate Council. In this inaugural edition, the cover feature by Dave Moore reveals “How Dallas-Fort Worth Became a Top-Tier Real Estate Market.”
We’ve joined Los Angeles, Chicago, and New York among the nation’s top real estate markets, and as one industry veteran notes, “Dallas has emerged as an elite market for institutional capital.” Beyond the capital markets, real estate experts tell us DFW punches above its weight across sectors—and as a whole—attracting new businesses almost daily. Conrad Madsen, co-founder and partner at Paladin Partners, calls Dallas-Fort Worth a “catcher’s mitt” for corporate relocations. “Almost daily,” he says, “you read of a new company leaving California or New York to move their HQ to DFW.”
Susan Arledge, executive managing director of site selection at ESRP, puts it bluntly: “It’s almost corporate malfeasance for a C-level executive of a Fortune 500 publicly traded company in San Francisco or New York not to be considering or studying a potential move” to DFW.
View From the Top Tier
In our “View From the Top Tier,” CRE and market experts offer their perspectives on how Dallas-Fort Worth has climbed the list of elite markets, with insights on what to expect in 2022.
“The momentum in Texas, like many things, has been a long time coming,” says Dallas developer Lucy Billingsley. Along with leaders from two other mixed-use developments in North Texas, Billingsley tells us what it takes to build a future-proof place for people and companies alike. Writer Sandra Engelland examines how three significant developments mark their success across decades in “Evolution of Success.”
Read more in the digital edition below:
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Request the next print edition here—and sign up for the Dallas Innovates e-newsletter for what’s new and next in North Texas business and CRE. To share your news or get information about the magazine, reach us here.
The DALLAS® Commercial Real Estate magazine is part of the DALLAS® media platform that includes the DALLAS® Relocation and Newcomer Guide and the DALLAS® Economic Development Guide. Published by Dallas Next for the Dallas Regional Chamber, together they tell the world about the future of live, work, learn, and play in North Texas.
A version of this story first appeared in the print edition of DALLAS® Commercial Real Estate 2022, published by Dallas Next for TREC and the Dallas Regional Chamber. Read more in the digital edition of the magazine below, and request the next print edition here.
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R E A D N E X T
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That boom you heard in Dallas-Fort Worth the last decade? That was real estate activity. According to a new report from StorageCafe, the Dallas Metro ranks No. 1 in the U.S. for the most activity seen in all sectors of real estate over those 10 years. From residential permits to corporate relocations to retail to industrial and more, here's a look at what boomed most.
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Top real estate minds tell us what's in store for CRE in 2021—and why Dallas-Fort Worth is a place for the future.
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In a recent survey, 73% of multifamily residents said they are interested in—or won’t rent an apartment without—sustainability and green initiatives being implemented at the property. The two companies are joining forces to help "shift the aspirational to become truly day-to-day operational."
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Cityfund lets people invest in real estate markets like stock, starting with launch cities Dallas, Austin, and Miami.
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TMGcore is innovating high-performance computing with its sustainable commercial immersion cooling solutions. "Servers two years from now will only be immersion compatible,” CEO John-David Enright says.
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CapRock Partners co-founder Jon Pharris sees Dallas-Fort Worth as "a vital North American logistics hub," while his CEO has strong Texas roots and a background at Trammel Crow Company and Hillwood. The firm, a fast-growing investor and developer of industrial real estate, aims to add an estimated 10 million SF in new logistics facilities in 2022.
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Campbell Centre in Dallas will be transformed—and have a new identity as The Gild. New owner Fenway Capital Advisors today unveiled plans for the redevelopment and rebrand of the two 20-story towers.
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Dallas is set to be the third—and largest—metro market for the @properties franchise division. It will be helmed by the nephew of Dallas Cowboys owner Jerry Jones, Jerry Mooty, Jr., who has more than two decades of real estate experience through his work as a lawyer, entrepreneur, residential and commercial developer, investor, and broker.
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CBRE's Q4 2021 report on the Dallas region's office space shows marked increases in absorption and construction while the rise in vacancies, though slowing, remains high.
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Apricus Realty Capital is a new boutique commercial real estate investment firm focused on the major Texas markets: Dallas-Fort Worth, Austin, and Houston. Led by a trio of local industry veterans, the company is already actively seeking multiple acquisitions after recently completing the raise of an initial GP capital fund.
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"Together, we can build the workforce of the future—one that will attract and grow businesses, build equity, and sustain our city’s outstanding economic growth for years to come," Mayor Eric Johnson said on the report's release.
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After meeting its fundraising goal on investment platform Republic in about a week, Nada has raised an additional round of capital to continue boosting its platform, which allows you to sell your home online and pay nada.
