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Deal of the Month – DFW East Logistics Center

In Press Releases by Bradford

DALLAS, TX – Bradford Development Company, Inc. announced the sale of DFW East, a 259,600sf industrial development on the eastern edge of DFW Airport, near Highway 161 and Walnut Hill Ln in Irving. Randy Baird and Jonathan Bryan represented Bradford on the sale.  The buyer was Hines Industrial.  Kevin J Santaularia, Bradford CEO, quoted “we exceeded our expectations on the …

Fastenal, Dairy Max Ink Leases for One Paddock Place

In Press Releases by Bradford

GRAND PRAIRIE, Texas — The Fastenal Co. and Dairy Max Inc. have signed long-term leases for One Paddock Place, a recently upgraded office flex property in the Upper Great Southwest Industrial District.   Fastenal will be relocating its Arlington hub in early June to 7,685 sf at 2214 Paddock Way. The new space will include a 3,000-sf showroom to display …

How Industrial Became CRE Financing’s Newest Sweetheart

In Industry News by Bradford

Many commercial lenders in 2018 have carved out new policies for pricing discounts on quality industrial properties in core markets. Over the last few years, industrial properties have risen through the ranks among banks and other commercial real estate lenders to become financing’s new sweetheart property type. These include core market warehouse and distribution centers, refrigeration/cold storage centers, flex buildings, …

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Forbes: Dallas, Austin best big cities for jobs

In Industry News by Bradford

WASHINGTON (Forbes) – Dallas-Plano-Irving and Austin-Round Rock took the top two spots on Forbes‘ list of America’s best large cities for jobs ​​in 2018. The Dallas area had 2.6 million jobs in 2017, a 2.8 percent increase from the previous​ year. That’s 19.6 percent growth since 2012 and 25.6 percent since 2006. The city’s job growth is paced by strong …

Local Investor Buys Warehouse Near Historic Downtown

In Press Releases by Bradford

CARROLLTON, Texas A Dallas-based investment group has scooped up a 22,506-sf warehouse in Valwood Industrial Park, zeroing in on the one-acre property for its proximity to downtown Carrollton. The 60%-leased building at 1208 Tappan Circle is located two blocks from the historic downtown, a thriving marketplace of retail, restaurants and community services. The buyer of record is CCG Valwood LP, …

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Dotzour Sees ‘Clear Sailing Ahead’ in Economic Forecast

In Industry News by Bradford

Austin, TX – The U.S. economy is in the midst of its second longest expansion in history – 106 months and counting – but for the CRE industry, that juggernaut may be reaching its peak. Although leading indicators are showing no signs of a recession, a slight cooling period may be in the offing in the major metros, according to …

E-Commerce Means The Future For Investors Lies In Warehouses

In Industry News by Bradford

Industrial REIT returns are poised to outperform every other REIT sector for the second year in a row. Industrial REITs, such as Prologis, Rexford Industrial Realty and Terreno Realty all returned more than 16% in the past year, cruising past other types of real estate. They even beat their own peers in the Bloomberg REIT Industrial/Warehouse index, which enjoyed an …

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Balfour Beatty Renews HQ Lease Early, Extends Term in Citymark at Katy Trail

In Press Releases by Bradford

DALLAS – In a testament to its headquarters location, Balfour Beatty Construction has signed a 46,694-sf early renewal and long-term extension of its class A lease in Citymark at Katy Trail in Uptown, a prominently positioned mid rise in one of Dallas’ most noted office districts. Balfour Beatty has retained its position as the largest tenant at 3100 McKinnon St., …

Office Campus at Allen Fields Triple Leasing Play

In Press Releases by Bradford

ALLEN, Texas – In back-to-back signings, Bradford Commercial Real Estate Services has secured two new tenants plus a renewal and expansion for the Office Campus at Allen in Collin County. The 105,103-sf, two-building office project, fronting Central Expressway, is 96% leased as a result of the latest leasing activity. ▪ Eggar Insurance Services Inc. has subleased 10,105 sf in Building …

2017 Power Broker Award for Bradford Companies

In Bradford Buzz by Bradford

        Bradford Companies awarded CoStar’s 2017 Top Firm Power Broker Award in the Dallas/Fort Worth market. Bradford’s winning performance places you in elite company. Top Firm award is based on the company’s overall transaction volume in 2017 as reported to CoStar, and measured against all active commercial real estate firms in the Dallas/Fort Worth Market.

Congratulations to CORFAC’s 2017 COR$TAR Award Winners

In Bradford Buzz by Bradford

CORFAC International is pleased to announce the winners of the 2017 COR$TAR Awards, which recognize individuals and firms for their referral transaction activity within the network. The awards were presented during the annual awards dinner at the CORFAC Spring Conference in Austin, Texas, on March 2. The awards recognize the largest member-to-member referral transactions in the office, industrial, retail and investment/other sectors for …

Coppell’s Sandy Lake Business Center Attracts 1st Commercial Basketball Club in North Texas

In Press Releases by Bradford

DALLAS – The nation’s only full-service fitness club dedicated to basketball has opened its first location in North Texas, zeroing in on Sandy Lake Business Center’s youth-driven tenant roster as the catalyst for a 10-year lease.  PickUp USA Fitness is occupying a 16,936-sf end cap in an industrial flex project at 989 W. Sandy Lake Rd., Coppell’s primary artery connecting …

Medical Office Building Sells Off Market In Quartet of 30-Day Round of Closings

In Press Releases by Bradford

DALLAS – In an off-market transaction, Texas Digestive Disease Consultants has acquired one of its leased sites, Elmbrook Medical Plaza, to keep pace with its continually expanding office needs in Greater Dallas. The 45,000-sf building is situated on 2.12 acres at 8267 Elmbrook Dr. at the edge of the Dallas Medical District. The sale was one of four that was …

February Deal Makers

In Press Releases by Bradford

LFP Real Estate LP has sold 8.44 acres at the corner of East Bethany Drive and South Greenville Avenue in Allen to Bethany at Greenville 2017 LP. Susan Singer, executive vice president of Bradford Commercial Real Estate Services, who represented the seller. Jim Christon of Christon Co. represented the buyer. Questar Solutions LLC has leased 26,600 sf of industrial space …

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Off-Market Buyer Snaps Up Industrial Asset Near Downtown Dallas

In Press Releases by Bradford

DALLAS – Bradford Commercial Real Estate Services has sold the first of seven properties in a portfolio disposition, inking an off-market transaction with an all-cash buyer for a 38,500-sf warehouse in Lone Star Business Park. The just-sold warehouse is situated on 1.89 acres at 1900 Lone Star Dr. in Dallas, with easy access to Interstate 30, the I-35 split and …

Mike Lipsey Shout Out to Bradford

In Bradford Buzz by Bradford

2018 Brands Survey produced by Zale Lipsey included a Shout out to Bradford Commercial Real Estate Services. Bradford Companies manages and leases over 20,000,000 square feet of commercial property in Texas, and completes 5,000,000 square feet of leasing and sale transactions annually.  Since 1989, Bradford Companies has delivered effective leasing and property management programs resulting in over 50,000,000 square feet …

6 Essential Rules for Initial Sales Calls

In Bradford Buzz by Bradford

Does your job description include “salesperson-in-chief”?  If so, you’ll want to keep these basic rules in mind – no matter what you are offering.  Keep these 6 simple things in mind to make those first sales meetings a success. Research Anything you can do to learn about the person or people that you are meeting, the company, their products, their …

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DFW Commercial Real Estate Love Story

In Bradford Buzz by Bradford

Bradford Commercial Real Estate Services EVP Leigh Richter and Bradford vice president Paul Richter met while working for Fuller Interests in 1992, but didn’t start dating until summer 1995. By December, Paul had proposed. (First, he asked Leigh’s then-7-year-old son Drew if it was OK with him. Leigh tells us Drew was included in the wedding ceremony, and Paul raised …

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Outlook for the Texas Economy

In Industry News by Bradford

Luis Torres, Wesley Miller, and Bailey Cuadra (Feb 9, 2018)  (from Real Estate Center – Texas A&M University) 2017 Annual Summary1 The Texas economy reversed trend in the wake of the energy sector downturn. Oil price increases induced a resurgence in energy activity, leading to job growth and near-record levels of production. Robust global demand and flourishing crude oil exports …