The Apartment Market is On Fire, But Burning Tenants

I don’t normally write about anything but office and warehouse properties since those are the ones which most of my clients lease or buy. But many of their employees live in apartments so I thought they might be interested in what’s going on the Dallas...

The Meadows Building Sells, Set for Renovations

The Meadows Building has been a fixture on N. Central Expressway north of downtown Dallas since 1955 when Algus Meadows built it. It was one of the first office buildings outside downtown. The 9-story building is 167,000 square feet and has been home to many...

American Cities Grow Most Since Recession

CNN Money recently reported that U.S. cities had economic growth of 2.3% in 2014 which is the best it’s been since 2006 – before the last big recession. In 2013, it was only 1.9%. These numbers come from the U.S. Commerce Department. They reported that big...

Galleria Towers Sell

Cannon Commercial bought the Galleria Towers several years ago  and has just sold them to a fund controlled by Los Angeles-based CBRE Global Investors. Galleria Towers are 1.4 million square feet  in three class A office buildings surrounded by the Galleria...

DFW Office Construction Booming!

If you have driven around the Dallas Fort Worth area at all, you have certainly seen all the cranes in the air at construction sites. It seems like there is a new building announced every few days. That got me wondering about how many buildings are really under...

Facelift Coming…to a Building, Not a Person

      The Dallas Business Journal and the Texas Real Estate Research Center reported that Triten Real Estate Partners (Houston) and Convexity Properties (Chicago) have purchased 6060 & 6080 N. Central Expressway from Prescott Realty Group. These two...