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National Container Group Expanding Manufacturing To 120,960-sf at Intermodal Business Center

In Press Releasesby Bradford

DALLAS – Chicago-based National Container Group LLC has leased the 120,960-sf Intermodal Business Center in southern Dallas County, making a 10-year commitment for the entire class A project to house its expanding manufacturing operations in Texas. The expansion is expected to be up and running in Q1 at 1704 S. Interstate 45 in Hutchins. Construction planning is underway to reconfigure …

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TxDOT plans underway for Interstate 30 Canyon revamp

In Industry Newsby Bradford

Makeover to improve connectivity; includes two new deck parks Texas Department of Transportation officials in a public meeting Tuesday night unveiled their plans for the Canyon redesign of the below-grade roadway on Interstate 30 that separates downtown and the Cedars. The $300 million construction project for the depressed roadway on I-30 between I-35 and I-45 and I-345 — known as …

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Amazon is moving into the physical world with first Texas 4-star store in Frisco

In Industry Newsby Bradford

Amazon has taken internet commerce by storm. So the next frontier is…brick and mortar? The internet retail giant opened its most recent Amazon 4-star store in Frisco, making it the sixth brick-and-mortar location for products sold on the Amazon website. Amazon now offers weekday tours of its Fort Worth fulfillment center. Visitors can see how the online retailer’s robotics work. BY GORDON DICKSON …

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Recore Properties Recruits Bradford To Lease Three Projects in Dallas

In Press Releasesby Bradford

DALLAS – Locally based Recore Properties has tapped a rising young star at Bradford Commercial Real Estate Services to add a new talented spark to lease three projects at 58,034 sf in its portfolio, including a redevelopment in Dallas’ Design District. The Recore properties are a 27,000-sf office-showroom project at 131 and 149 Payne St. in the Design District; an …

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Seven Tips And Tricks For A Growing Warehouse

In Bradford Buzzby Bradford

Need more space but adding a whole new warehouse to your business isn’t on the table? Consider a redesign focused on optimization of storage and racking. With the continued growth and domination of e-commerce in the retail market, the demands on warehouses and distribution centers across the globe are also rising. From higher customer expectations — such as an increase of available …

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Is a Long Term Lease Right for Your Business?

In Bradford Buzzby Bradford

The Pros and Cons of a long term lease. JASON FINCH – One of the most common and important question that comes up when finding a new office/warehouse from a company’s perspective is “How long of a lease term should I sign?” This question is important because it impacts many aspects of the company’s future. In my experience, most small …

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Acme Furniture Stays Put in Only Texas at Riverpark Business Center

In Press Releasesby Bradford

FORT WORTH – Los Angeles-based Acme Furniture Industry Inc. has held onto its only location in Texas, signing a 103,662-sf renewal for its longtime home in the fully leased Riverpark Business Center near Dallas/Fort Worth International Airport. Acme Furniture has re-upped for the long term at 15124 Grand River Rd., Fort Worth, one of two buildings in the 500,635-sf project. …

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DFW Market Insights – Office – 3Q 2019

In DFW Market Reportsby Bradford

Population and employment growth is driving demand for new space according to the DFW Market Report. The region has added 133,000 residents over the past 12 months, gaining more people than any other metropolitan area in the country. The region’s competitive cost of living, accessibility, and highly educated workforce have made it a hotbed for corporate relocations and expansions. Uber …

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DFW Market Insights – Industrial – 3Q 2019

In DFW Market Reportsby Bradford

The DFW industrial market continues to perform well, thanks to the metro’s robust job and population growth and the continued strength of the regional and U.S. economy. D-FW continues to deliver an incredible amount of industrial supply. The metroplex has averaged more than 20 million SF of net new supply annually over the past few years, and as of 19Q3, that …

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Kennington’s North Dallas Portfolio Earns Nine Renewals

In Press Releasesby Bradford

DALLAS – Bradford Commercial Real Estate Services has secured nine renewals, totaling 34,378 sf, for Kennington Commercial’s industrial flex portfolio in north Dallas. Seven tenants have re-upped in Kennington’s projects in Addison and two in Carrollton. The properties are located in a densely developed corridor with a high rate of renewals because of the constrained supply and little to no …

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California Partnership Exits Texas, Sells Switzer Business Park

In Press Releasesby Bradford

DALLAS—A California partnership has sold its last holding in Texas, trading the five-building Switzer Business Park in northeast Dallas to a limited liability company from Fort Worth. The 95%-leased asset, totaling 123,000 sf, is located at 10840-930 Switzer Ave. There are over 60 tenants in the class B project, a mix of office, industrial and flex spaces geared toward small …

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My Takeaways from Trammell Crow Master Builder: The Story of America’s Largest Real Estate Empire

In Bradford Buzzby Bradford

CHARLIE HAWKINS – In the foreword of Trammell Crow – Master Builder, H. Ross Perot remarks that “some of the country’s finest, smartest, brightest, and most ambitious men and women with superb credentials, willingly start out ringing doorbells, seeking leases from clients, at a fraction of the remuneration they might receive in another industry. They do so because they have …

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From the 2008 Great Depression to an Upward Swing of Investments in Dallas Commercial Real Estate

In Bradford Buzzby Bradford

RICHMOND COLLINSWORTH – Money is flowing all around us, like oil gushing out the top of Spindletop, one of the most famous wells of the Texas oil boom. Now is a good time to start investments in Dallas Commercial Real Estate. The economy has recovered nicely, with the DOW up to $26,313,89 from $6,547.05, the unemployment rate down 3.5% in …

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Uber to Host First Town Hall Meeting on Self-Driving Technology at Its Own ‘HQ2’

In Industry Newsby Staff

Dallas Could Join San Francisco, Toronto as Testing Grounds for Automated Vehicles Ride-hailing company Uber plans to host its first town hall meeting this week at its new Dallas regional hub that company officials are referring to as HQ2, a moniker made popular by online retailer Amazon that stands for second headquarters. At issue: questions about Uber testing its self-driving …

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WORKSUITES Selects 19,706 sf in Allen Place I For New Executive Center in Far North Dallas

In Press Releasesby Bradford

ALLEN, Texas – WORKSUITES, a rapidly expanding provider of office solutions, has leased 19,706 sf in Allen Place I, making a 10-year commitment to its newest class A location in the far northern suburbs of Dallas The executive suites operator expects to open in the fourth quarter at 450 Century Parkway, Allen, where a high-end tenant finish-out is underway on …

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Chick-fil-A and Starbucks Distributor to Move California Headquarters to Texas

In Industry Newsby Bradford

Subsidiary Plans to Centralize Corporate Services A distributor to move its corporate headquarters to Texas from California to centralize its operations. The organization is a distributor to major restaurant chains such as Chick-fil-A, Chipotle and Starbucks. Quality Custom Distribution is a part of Golden State Foods, and a global supplier to the quick-service restaurant and retail industries. The organization is …

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Mueller Co.’s Southwest Region Hub Lands at DFW Airport

In Press Releasesby Bradford

DALLAS – Atlanta-based Mueller Co. LLC (Mueller) will open a 26,250-sf Southwest Region distribution center at DFW Airport, signing a class A long-term lease for its 13th location in North America. Logistics Center 7 at 775 N. Royal Lane, Irving at DFW Airport will house the new Mueller region distribution center. Construction will start this week. The build-out of the …

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38,500-SF Lone Star Park Warehouse Trades In Off-Market Deal to 1031 Exchange Buyer

In Press Releasesby Bradford

DALLAS – In an off-market deal, a California-based 1031 exchange buyer has scooped up a vacant 38,500-sf warehouse in Lone Star Park as the first location in Texas for a specialty tire retailer. The move-in-ready Lone Star Park warehouse, at 1900 Lone Star Dr., Dallas, has changed hands in a 30-day look, 15-day close. Brock Wilson senior vice president and …

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Kennington Commercial Transitioning Two Galleria-Area Properties to Retail

In Press Releasesby Bradford

DALLAS – Changes are coming to Alpha Plaza and Midway Center as their owner, Kennington Commercial, rolls out a new strategy to keep pace with increased multifamily and mixed-use development within the three-mile trade area of the Dallas Galleria. Kennington’s projects, totaling 122,363 sf, are being transitioned to retail from flex industrial in anticipation of higher demand. Approximately 1,000 multifamily …