Author: harrisondfw

A Pennsylvania-based law firm with a presence in North Texas has landed in Dallas, opening an office on The Crescent.Blank Rome LLP is headquartered in Philadelphia, with 15 locations nationwide and in Shanghai, and has more than 680 attorneys.The 77-year-old law firm has opened its second Texas office in the landmark Crescent complex in Uptown Dallas. The firm focuses on corporate, real estate and financial matters.”Dallas is a vibrant and prosperous business community, and we are thrilled to open an office here and attract such an outstanding group of lawyers,” Grant Palmer, Blank Rome Chairman and Managing Partner, said in…

Richardson has given preliminary approval to a major new transit-oriented development.The Points at Waterview project will be built on DART's new Silver Line, which runs to DFW International Airport. The 36-acre development site is located north of UT Dallas' campus.Dallas developers Wolverine Interests and UT Dallas have approved a mixed-use project with up to 4,000 residential units, up to 500,000 square feet of office space, 40,000 square feet of retail space and two hotels. I'm asking Son. Each has 300 rooms.Read more D-FW real estate newsWolverine owns a 15-acre site that includes a five-story office building. UT Dallas has properties…

Sign up for The Brief, the Texas Tribune's daily newsletter that provides readers with the most important Texas news. Gov. Greg Abbott signed an $18 billion tax cut for Texas property owners and sent the proposal to voters for approval later this year. The policy would allocate $12.6 billion of the state's historic budget surplus to reduce school taxes for all property owners, lowering property taxes by more than 40% on average for approximately 5.7 million Texas homeowners. , which offers entirely new tax savings to small businesses and other businesses. Commercial and non-homestead real estate. Mr. Abbott on Saturday…

Dallas-Fort Worth building vacancy has risen to its highest level in more than 20 years as companies have taken relief from millions of square feet of office space since the pandemic.And unless rentals increase, the amount of vacant office space in North Texas will likely continue to grow this year.As of mid-year, nearly 50 million square feet of D-FW office space was vacant as companies struggled to bring employees back to the office and recession concerns weighed on net rents.With millions more square feet of office space subleased to the market, vacancy rates are heading towards 27%. The last time…

Dallas-Fort Worth building vacancy has risen to its highest level in more than 20 years as companies have taken relief from millions of square feet of office space since the pandemic.And unless rentals increase, the amount of vacant office space in North Texas will likely continue to grow this year.As of mid-year, nearly 50 million square feet of D-FW office space was vacant as companies struggled to bring employees back to the office and recession concerns weighed on net rents.With millions more square feet of office space subleased to the market, vacancy rates are heading towards 27%. The last time…

A new mixed-use apartment community is coming to one of the most walkable areas in downtown Dallas. Construction of his 16-story Modera St. Paul, located in the city center's East Quarter neighborhood, is underway by Mill Creek Residential. Mill Creek Residential is a leading developer, owner-operator, and investment management company based in Boca Raton, Florida. We specialize in luxury rental homes throughout the United States. First move-ins at Modera St. Paul are scheduled for late 2024. Designed by Dallas-based WDG Architecture with interiors by Portland-based Vida Design, the development will offer 333 apartments and approximately 4,000 square feet of retail…

[Source image: istockphoto] Dallas-based TRIPBAM has been acquired by Emburse, a Los Angeles-based travel and expense management leader. Financial terms of the acquisition were not disclosed. Founded in 2013, TRIPBAM provides the industry's only fully automated, always-on audit technology for tracking and reviewing a company's pre-travel spend, company-negotiated discounts, and supplier contracts. It states that “As we were looking for the best way to take TRIPBAM to the next stage, we knew we needed to join an organization with a strong track record of global growth and the ability to support the world's biggest brands.” said TRIPBAM CEO and Founder.…

Four of the victims range in age from 14 to 37. All patients are said to be in stable condition. DALLAS — Six people were injured in a shooting in Dallas Tuesday night, police said. Authorities are still searching for the suspect involved in the shooting, which occurred around 9 p.m. Officers were initially dispatched to South Lancaster Avenue, but later learned the shooting had occurred in the parking lot of an apartment complex in the 8200 block of Willoughby Boulevard. It's near Danieldale Park near Interstate 35E and Wheatland Road. Police learned that the victims were involved in an…

The word “temporary,” defined as “something that lasts only a very short time,” can describe most gallery and museum exhibitions. But the new Ephemeral Space in east Dallas is building on this idea with a twist. Co-founded by architect William Baker and antiques dealer Jason Cohen, the gallery was created to provide a temporary home for a wide range of creators who don't fit into traditional environments. “There are a lot of great artists out there who might not be well-represented but would love to have a show for a week,” Baker said. Do what they want. ” Baker, co-founder…

Apartment rents are expected to decline across major Texas cities through 2023 as new unit deliveries significantly outpace demand. Of the 113 major Texas submarkets analyzed by RealPage, 1 in 5 experienced rent reductions. With the exception of Austin, negative growth has not yet materialized at the metropolitan level, but that is likely to change as the positive numbers seen in the first half of 2022 move out of the annualized calculation. “About 80% of Texas submarkets are still experiencing positive year-over-year rent growth,” RealPage senior director and real estate economist Carl Whitaker said in a webinar Tuesday. “By the…