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CBRE
[Graphic: CBRE]
CBRE Survey: DFW is Nation’s No. 1 Target for CRE Investment in 2023
by David Seeley | 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.
by Lance Murray |
Jan 23, 2023
According to the latest MSCI Inc. estimate, more than $42.5 billion in commercial properties were sold in DFW in 2022. North Texas “wrested the top slot from Manhattan at the onset of the pandemic and has held it ever since,” MSCI analysts said in the report.
Dallas-based CBRE was the top-ranked firm for commercial real estate investment sales nationally in 2022—for the 17th straight year.
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by Lance Murray |
Dec 19, 2022
In a partnership with the City-Business Climate Alliance, the newly formed group met last month to begin pursuing initiatives aimed at climate targets in line with the Paris Agreement.
Dallas Mayor Eric Johnson says the alliance will "help establish Dallas and its businesses as national leaders in implementing data-driven climate solutions to promote a vibrant, healthy, and resilient city.”
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by Lance Murray |
Nov 10, 2022
CBRE said the acquisition complements its existing global Integrated Laboratory Solutions capabilities for occupier clients in the fast-growing research and laboratory equipment sector.
The deal "positions CBRE to self-deliver an impressive range of scientific laboratory maintenance and repair services," says John Dunstan, CEO of GWS/Enterprise at CBRE.
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DI People: Wingstop, JLL, EWF International, Starla Wines, and More Make Leadership Moves
by Lance Murray | Sep 23, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from CBRE, Merriman Anderson Architects, Bank of Texas, Quality Custom Distribution, EFG Cos., Dillas Quesadillas, BBG, the Catholic Foundation, and others.
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by Lance Murray |
Sep 9, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Ribbon Communications, Texas Brand Bank, Evolve Biologics, and COMSoverign Holding Corp., Warrior Connection, T.D. Jakes Foundation, Mindzie, the City of Fort Worth, UT Arlington, Allied Electronics and Automation, KTA Media Group, My Possibilities, and more.
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by Kevin Cummings |
Sep 9, 2022
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
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by Kevin Cummings |
Jul 26, 2022
Co-Founder Clifton Harness says TestFit is the first company to connect pro forma, construction cost, and asset design through building configurator software. The technology allows companies to "de-risk decisions" and log critical time savings when they develop new real estate. The funding will help the startup expand its R&D, quadruple its product and engineering teams, and build a new HQ.
“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
“With TestFit, we see a disruptor driving a paradigm shift in the real estate industry,” said Gregg Hill, co-founder and managing partner at Parkway Venture Capital, which led the funding round.
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DI People: McKesson, CBRE, Axxess, RumbleOn, and More Make Leadership Moves
by Lance Murray | Jun 24, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Gaedeke Group, Simpli.fi, Signify Health, Dallas Market Center, DartPoints, Mass Luminosity, and others.
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by David Seeley |
May 23, 2022
CBRE President and CEO Bob Sulentic said the new responsibilities "play to each executive’s unique strengths and capitalize on their outstanding track records of driving growth and excellence."
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by Kevin Cummings |
May 13, 2022
A new report from Dallas-based CRE services and investment firm CBRE shows that DFW was No. 1 in the U.S. in multifamily investments over the last four quarters. Nationwide, Q1 2022 saw the strongest multifamily absorption since 2000. And Texas is leading the U.S. in multifamily completions, as rent growth continues to gain momentum.
“The rise in demand has been fueled by household formation, job and wage growth, and sharply rising home prices,” the report said.
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by David Seeley |
Apr 14, 2022
The Solar Company, a Dallas-based startup founded in 2021, has partnered with Granite Redevelopment Properties LP to install a 15-megawatt, 40,000-panel system across 16 of GRP's "all bills paid" apartment communities in Dallas and Tarrant counties.
The startup's co-founder and CEO, Travis Wildeman, tells us the system will offset between 90% and 100% of Granite Redevelopment's electricity costs—and pay for itself in 5 to 7 years.
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From left: Boss Fight CEO David Rippy, CCO Bill Jackson, and COO Scott Winsett founded the studio after the closure of Zynga Dallas in 2013. [Logo and images: Boss Fight]
Follow the Money: Netflix Acquires Local Video Game Developer, Dallas Startup Becomes Unicorn, Alkami Makes its Largest Acquisition, and More
by Kevin Cummings | Mar 28, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by Kevin Cummings |
Mar 11, 2022
Mark Roberts is taking his expertise in the real estate space to two local organizations.
A fellow at the Real Estate Research Institute, Roberts has been jointly hired by Dallas real estate investment and development firm Crow Holdings and the SMU Cox School of Business’ Robert and Margaret Folsom Institute for Real Estate as a director of research....
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by Dave Moore |
Feb 21, 2022
Dallas-Fort Worth has joined Los Angeles, Chicago, and New York City among the nation's top real estate markets. That rise strikes at the very heart of the region’s viability, charm, and ability to adapt.
It’s a tale of “coopetition,” good weather, available land, and a steady flow of inbound Type A personalities.
It’s a tale of “coopetition,” good weather, available land, and a steady flow of inbound Type A personalities.
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by David Seeley |
Jan 13, 2022
Several large leases signed by social media and financial services users—whose identities were not disclosed—drove the swell of activity in Q4. That led to "incredibly strong" net leasing activity for the full year, CBRE says.
That's now driving lots of new data center construction here, and may increase asking rates in 2022 and beyond. With "no end in sight" to the market growth, CBRE's Brant Bernet believes we're only in the "early innings" of an extra-inning game.
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