"Occupancy and rental rates held firm in Dallas-Fort Worth in October as landlords relied more heavily on concessions to attract tenants, new data from ApartmentData.com shows...Rental rates remained steady year-over-year despite the pandemic...The October 2020 data shows rather than rental rate declines, apartment operators in every product type leaned more heavily on concessions to attract renters."
"Charles Schwab is moving its corporate headquarters to Westlake, Texas, after the brokerage firm merges its business operations with TD Ameritrade. San Francisco-based Charles Schwab announced on Monday an agreement to buy TD Ameritrade in an all-stock transaction valued at $26B."
"American Specialty Health Inc., a 32-year-old firm that serves millions of customers across the United States, has rented 164,000 square feet of offices in the Heritage Commons office complex near Interstate 35W to expand its North Texas operations...co-founder, chairman and CEO George DeVries said in a statement...'With access to a talent-rich labor market, a variety of residential options, lifestyle amenities and an established community, our company is poised to grow and thrive in North Texas for years to come.'..."
"TEXRail kicked off commuter rail service between Downtown Fort Worth and DFW International Airport on New Year's Eve with a ceremonial run between the Grapevine/Main Street Station and the airport...One transit-oriented development is Grapevine Main, a $105M mixed-use property in Grapevine that will feature retail, restaurant, office, hospitality space and a train station...Trinity Metro projects that TEXRail will have more than 8,000 daily riders in 2019 and 13,000 daily riders by 2035."
Dallas News | December 1, 2018 | Maria Halkias - "Fort Worth city officials are using their Amazon HQ2 package to court at least 60 other "potential projects" of various sizes...The city highlighted to Amazon - and now to others - Fort Worth's "access to abundant and diverse talent, STEM education efforts and university partners, effortless logistics and multi-model travel, and a community spirit that defies expectations.""
Bisnow | October 17, 2018 | Kerry Curry - "When XTO Energy...dusted off its boots and left Cowtown for Houston, the blow was expected to be devastating for a city known for its storied oil history...Still, even with the shock of losing a beloved corporation, Fort Worth is holding its own, and several of its commercial real estate sectors are thriving thanks to a strong jobs market, a diversified economy and a growing city with a business-friendly climate. A new ranking by WalletHub named Fort Worth the nation's sixth-fastest-growing large city in the United States. The city's multifamily and retail sectors are particularly hot with high occupancies and plenty of new developments either opening or on the way."
Dallas Business Journal | September 18, 2018 | Bill Hethcock - "Dallas fares well in a comparison of costs of operating Amazon's second headquarters in 20 finalist cities, according to an analysis prepared by a global site selection firm."
Multihousing Pro | September 13, 2018 - "Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Monticello Oaks, a three-story, 63-unit apartment complex in Fort Worth, Texas..."
Bisnow | July 19, 2018 | Tara Lerman - "With over 70 data centers, DFW is gaining momentum as one of the top data center markets in the country. It is not a coincidence that so many data centers are moving to Dallas, especially since major corporations such as State Farm, Toyota North America, Huawei, Samsung and McKesson have recently relocated to the area. And the data center boom isn't slowing down."
Star-Telegram | March 22, 2018 | Bill Hanna - "The Dallas-Fort Worth-Arlington metropolitan area's 146,000-resident jump in 2017 was the most of any metro area in the United States...Overall, Dallas-Fort Worth-Arlington ranked fourth, with 7,399,662 residents, behind only the New York, Chicago and Los Angeles metro areas and ahead of Houston-The Woodlands-Sugar Land, which ranked fifth."